As we can see despite the weakness, NIFTY is unable to sustain itself below the last swings and getting constantly rejected around our demand zones which brings us to a conclusion considering various factors including strong psychological level and demand zone, we can expect a strong green candle anytime sooner and there is a high probability of forming a green weekly candle so plan your trades accordingly and wait for signs of reversal for buying.
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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.