Note>> 11990 to 12245 is supply zone , three attempt have been made last two week to break it. Above this there is no supply zone so if broken can move to all time high.
Overall Nifty is not bearish , Its sideways , If Reliance shows strong upside movement then it can break the supply zone.
Sell 11714 SL 20 points
Sell 11884 SL 20 points
Sell 11830 SL 20 points
Sell 11990 SL 20 points
if Nifty drops then buy at following levels
Buy at 11410 , SL 40 points
Buy at 11600 , SL 20 points
CMP 11642
Disclaimer: author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice.
Consult your Financial Advisor Before Investing.
NIFTY
Overall Nifty is not bearish , Its sideways , If Reliance shows strong upside movement then it can break the supply zone.
Sell 11714 SL 20 points
Sell 11884 SL 20 points
Sell 11830 SL 20 points
Sell 11990 SL 20 points
if Nifty drops then buy at following levels
Buy at 11410 , SL 40 points
Buy at 11600 , SL 20 points
CMP 11642
Disclaimer: author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice.
Consult your Financial Advisor Before Investing.
NIFTY
Trade active:
Hi , Demand Zone identified worked worked very well NIFTY drooped to 11550 to 11600 level which was our buy range . It supported it very well then NIFTY was up up to Supply zone at 11714- 11738 and then drooped from that selling points. if any one has traded these zones please write on comments.
Trade closed manually
