- Nifty on a 1D TF is trading near a very crucial supply zone - Now the thing to notice would be how it reacts from this zone - I would insist everyone stay cautious and not fall in the trap of making something when the risk is too much - It can be very risky to initiate future longs here when you can see Nifty hovering near a supply - For longs risk here is almost 10% and reward stays around 2% - Logically shorts are more favourable than longs
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