abhijitgujarathi15

Nifty simple support and resistence chart analysis

NSE:NIFTY   Nifty 50 Index
Hello,
So this is Nifty daily chart guys!!! As all can clearly notice the demand and supply areas on the chart marked with coloured boxes. The nifty will be acting very dramatically now as its trading in an expanded triangle sort of structure and Thursday was an inside day and Friday being a Doji which means a reversal is soon gonna come. Be careful here and trade well with proper stops. The gap is also left to be filled @ 10625 zones. A strong break below 10720 and 10685 will open the gates to fill the gap. Above 10847 to 10885 are supply zones. Don't forget to put STOPS. Thank you.