As we can see despite closing weak, NIFTY managed to recover strongly exactly from our demand zone. Now that we have again closed around 24800 levels which is also a DEMAND ZONE turned SUPPLY ZONE. so, unless we close above 24800 and sustain above the same, every dip can be bought keeping SL below the last swing closing basis so plan your trades accordingly and keep watching everyone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.