As we can see NIFTY rallied over 1.5 percent despite hitting our demand zone which could be a temporary rally till 22500-22600 level which acted as a strong support, but now can act as a STRONG resistance hence as long as we can below 22600, 22600’s high can be sold for following demand zones so plan your trades accordingly.
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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.