As we can see NIFTY showed a strong reversal from the trendline as we analysed in the last post and showed over 100++ points of recovery but failed to continue its up move as it got rejected from the above trendline, Hence we can expect NIFTY to show a strong movement from here as if it breaks and sustains itself then we can see NIFTY making new high else nifty can remain sideways to negative for coming trading sessions trapping showing weakness so plan your trades accordingly
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