TradingView
InvestyourAsset
May 26, 2023 5:36 AM

Is nifty ready for major Upmove ? 

Nifty 50 IndexNSE

Description

Nifty 50 is near its supply zone again. faced resistance multiple times at this level.

important demand and supply zones are marked in the chart.
for major movement on upside or downside Nifty has to break the marked portions till then stay back and relax !!

allow 15 minute candle to close on either side of the area marked in red, for the targets mentioned in the chart.




Note: trade with appropriate position size along with proper stoploss according to your risk appetite.

Trade closed: target reached

Nifty almost hit our target.
Nifty rallied one way and touched 18508 after breakout from our range.
More