Nifty maintained its upward momentum on Monday, breaking the small supply/resistance level mentioned in the last post and closing at 24,141.95. Both the weekly and daily trends (50 SMA) are positive.
Support Levels: Near Small Support/Demand Zone (15m): 23,985 - 24,012 Near Support/Demand Zone (15m): 23,716 - 23,743 Near Support/Demand Zone (75m) for Weekly Trade: 23,671 - 23,754 Major Support/Demand Zone (Daily): 23,350 - 23,667
Resistance Levels: Currently, there is no supply zone seen on the chart.
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