NIFTY still in tight zone! Will have to wait for confirmation

As we can see NIFTY remained negative throughout the day after opening weak. In daily time frame we can see NIFTY around the trendline which is a sign of weakness as any closing below the trendline support and zone of 22900 can show massive bearishness and break above 24500 can confirm further bullishness. Until then NIFTY is expected to remain sideways to volatile so plan your trades accordingly and keep watching everyone.

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