As we can see NIFTY showed some recovery with strong closing. Now that it has closed above 24800, we can expect NIFTY to recover some more till 25000 level which is its next psychological level and important supply zone leading NIFTY to maintain itself in a tight zone before finally breaking out for unidirectional rally 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.