Swapilchoksi

Nifty Supply and Demand Zones

Swapilchoksi Updated   
NSE:NIFTY   Nifty 50 Index
There is a Short Turm Major demand Zone @ 10100-10180 and Short Turm Supply Zone @ 10240-10300.

I will take these both zones as sideways zones. If Nifty will trade between these zones I may take a position in option writing. I may take an aggressive long position once Nifty will sustain above 10300. I strickly avoid a short position in Nifty at the monument.

I will update this post if I will take a trade-in Nifty.
Trade active:
Sold 10100 Put @ 50
Comment:
TYPO 10000 Put
Trade closed: stop reached

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