Nifty is expected to remain highly volatile in the upcoming week due to multi-event and news flow week. On a weekly basis, my view remains that if Nifty tests any imp short covering level, then we can expect strong short covering making Nifty close in green on a weekly basis. Imp short covering levels on the downside are:
1.)22803
2.)22460
3.)22338
All levels are marked in the chart posted .
1.)22803
2.)22460
3.)22338
All levels are marked in the chart posted .
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.