As we can see NIFTY showed strong pullback after unidirectional fall as analysed in our previous post folllowing the similar structure like in previous swing. Now that it can be seen taking a PULLBACK, we can expect NIFTY to continue its bullishness till its next supply zone and sustaining over that zone can confirm the REVERSAL until then the FEAR stays! So plan your trades accordngly 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.