As we can see NIFTY showed strong recovery despite opening weak exactly as analysed bt failed to close above 25500 which could potentially make 25500 psychological level as STRONG DEMAND ZONE TURNED SUPPLY ZONE but will turn void if opens gap up and sustains itself above 25500! 25500 can be ascertained as a SUPPLY ZONE only if NIFTY despite opening strong fails to hold itself above 25500 and closes below so keeping all these important points in mind, plan your trades accordingly.
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