Nifty Breakout expected soon!

NSE:NIFTY   Nifty 50 Index
1. Weekly demand and supply zones are identified with the black horizontal lines
2. only act on the breakout confirmation - till then you can trade intra-day strategies. I suggest you to use 60 min or a 30 min timeline!
3. Weekly gap at a previous support now acting as a resistance shown by the yellow zone and black dotted line respectively

Trade with caution as it is sqeezing!


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