NIFTY ready to REVERSE from this psychological level..?
As we can see NIFTY showed a unidirectional fall despite a strong recovery in previous trading session but we can see NIFTY seems to trading at very important SUPPORT now which was an initial start of the uptrend. We can also see NIFTY taking support at the psychological level of 19500 supported by the trendline and hence making it a better place to make fresh buying position with stoplosses below the trendline on closing basis so plan your trades accordingly.
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