As we can see NIFTY has been falling unidirectionally since July and now it can be seen taking support at the gap created but the support has been tested previously hence any weak opening for NIFTY could be concerning as since the UPTREND shown by NIFTY had been unidirectional so could be the fall which could be panic driven while taking support at the gaps. Further we can expect NIFTY to reverse from here if opens flat as it has shown substantial healthy retracement so plan your trades accordingly
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