Will Nifty be falling more?
With this brutal fall, buyers are confused as to whether hold their long positions or to exit their trades.
To sum up what to do next, it is advisable not to keep the long positions active as the prices are about to reach 14440–14436 range of support. For buyers, ray of hope is above 14808 only. Above this price, we can see buyers back in action to reach out to the price levels of 15400 at least.
Here the chart shows all the important levels (futures) to be considered while various traders take their positions in Nifty.
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