NIFTY ready for SHARP RECOVERY from here..?
As we can see NIFTY had been falling unidirectionally and had been in downtrend since last few month now. Now NIFTY can be see trading at an important support or demand zone being a gap which is further backed up by positive RSI divergence hence if NIFTY opens weak to flat within the given range then we can expect a strong recovery in NIFTY in first half which if sustained could lead to a new start of new trend so plan your trades accordingly
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