NIFTY might take a halt for now.

As we can see NIFTY has recovered almost 75 percent in just couple of days but this big mother candle can’t be broken in single shot and next direction will be defined only if either side is broken of the mother candle hence we may expect some sideways to negative market before finally breaking either side of the mother candle for deciding further upcoming move so plan your trades accordingly.
Multiple Time Frame AnalysisSupply and DemandTrend Lines

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