Manickamtraders

#Nifty directions and levels for JAN 3rd

NSE:NIFTY   Nifty 50 Index
Regarding Nifty: If it opens with a gap down and breaks the demand zone (21533 to 21518), then we can expect a continuation of correction with minor pullbacks. On the other hand, if it finds support within that range as per the structure, it might experience a minimum 38% Fibonacci retracement.

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