As we can see NIFTY CLOSED below our demand zone showing signs of bearishness. Despite the weakness, we may expect NIFTY to REVERSE from here as technically this zone has been conincided by multiple demand zones being both a psychological level and the neckline of inverted head and shoulders pattern which can act as an important point of REVERSAL. Hence any flat to strong opening which doesnt breaks below previous low can show strong upmove from here so plan your trades accordingly and keep watching everyone.
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