nifty view at area of value

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16900-18120 is a consolidation zone on daily frame. Hence, for intraday as the market approaches the area of value i.e,16900,be cautious and preferably look for reversal after confirming it with Price - Volume relationship.
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Disclaimer : This is not a trading recommendation and I have the right to be wrong. Trade using this idea at your own risk
Technical Indicators

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