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Wealthcam
Mar 12, 2023 4:13 PM

NIFTY again got rejected from demand zone! getting weaker..? 

Nifty 50 IndexNSE

Description

As we can see NIFTY again got rejected from our demand zone which we have made earlier and the zone 17250-17300 has been acting as a important zone of inflexion and this level has been already tested multiple times making it weaker hence if NIFTY fails to sustain itself above given level then we can see a big fall as we can see a head and shoulders pattern hence till NIFTY sustain itself 17200-17250 we can buy the dips, on the other hand we can see a big fall if NIFTY breaks the neckline hence keep watching everyone
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