Nifty50 Current View

NIFTY

After breakout it has shown sharp fall towards previous demand zone and this level also comes around the retesting zone.

in the last session we have seen some demand coming in from the lows and candle formed decent wick and its not the 1st time on 12th feb wednesday also shown similar movement.

So now it makes a major support around 22800-750 zone this should hold to have some hopes of reversal from here.

We need a bullish confirmation from this level to take fresh entries.

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