As we can see NIFTY showed strong rejection forming marabozu candle in daily time frame showing rejection from 26000 levels as explained in previous post. Moreover, we can see NIFTY has filled the pending gap and hence we can expect NIFTY tp show weakness from here and hence until and unless NIFTY sustains itself above psychological level of 26000, every rise can be sold so plan your trades cautiously 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.