As we can see NIFTY can be seen trading at very important demand zone with taking support at very important trendline support hence we can expect a strong REVERSAL from this area for a new trend which is UPTREND. One can go LONG from here keeping STOPLOSSES below the structure closing basis so plan your trades accordingly and keep watching.
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Disclaimer
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.