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Swapilchoksi
Mar 28, 2020 10:59 AM

NIFTY: Wait and Watch: Supply and Demand Zones  

Nifty 50 IndexNSE

Description

Nifty closed above its reversal zone @ 8200-8380. Now this zone will act as a major support zone. On the upper side, there is a wide range of minor supply zone @ 8700-9060. As per my trading plan, I will avoid long trade below 9050 and avoid short trade above 8200. In short 8200-9050 will be the no-trade zone for me. Due to high volatility, I will avoid options trading also.

Comment

Trading in no trade zone
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