There is a possibility that nifty may take support around 24400-24500 zone and will give a pullback till 25300-25400 zone,
there the FII game is there , IF they stop selling and resume buy nifty may scales new highs again 26500+
If they refute and sell again then nifty may fall till 22300 zone for the next support
Thats all my prediction
please share yours views and feedback
Thanks
Trade closed manually
OVER SHORTS HELPED NIFTY TO REVERSE THE TREND NOW, IN THIS RALLY 24520 TO BE BREACHED AND THE IMMEDIATE LOW NOT BE BE BREACH OF 23200 TO CONFIRM THE UPTREND CONTINUATION , THE NEXT FEW DAYS WILL BE A HUGE VOLATAILE DAYS, TIGHTEN YOUR BELTS.
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.