As we can see NIFTY recovered sharply but managed to close below 26000 which is a strong supply zone. Moreover, we analysed in our previous post that we may see short term retracement towards upside and we did see that today. Now, we will only think of going long if sustains above 26000-26100 level until that every rise can be shorted for 25500 so plan your trades accordingly and keep watching everyone
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