NIFTY reaches resistance, expect a pullback to 18300
Hello everyone, welcome to my NIFTY Analysis. Please check from the chart that NIFTY has reached the resistance level at 18800-18900. We are witnessing an immediate pullback after hitting the resistance level.
So, as long as the resistance zone stays intact, expect price to fall to 18300 level in the next few weeks. Recommending stock and option traders to trade accordingly.
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