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Swapilchoksi

NIFTY: Weekly Demand and Supply Zone

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Nifty 50 Index (NSE:NIFTY)  
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NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns BANKNIFTY bankniftytrend bankniftytradesetup bankniftytrading
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trendanalysis chartpattern banknifty bankniftytrend bankniftytradesetup bankniftytrading

On Friday Nifty tested its lower level of its supply zone 9330-9600 but failed to close in this zone.

In this coming week, 9330-9600 may act as a resistance and in any case, if it will manage to sustain above this zone then the next major supply zone @ 9850-10000.

8800-8950 is a demand zone on the downside.

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