Índice Nifty 50

Will NIFTY able to hold 21800 level..?

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As we can see NIFTY has finally achieved the strong demand zone and a psychological level of 21800 level. We may expected a strong opening and signs of REVERSAL from here but in case if NIFTY fails to hold and sustains below 21800 level then we may see another weakness from here and a rise of new trend which is downtrend. We may also expect NIFTY to do false breakdown and show strong REVERSAL so plan your trades accordingly.

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