Nifty 50 Chart Analysis 07-04-2021

Two Critcal Points. By Analyzing Nifty 50 Chart on 07-04-2021

1) Wide Demand Zone, But Weak Support Area. 14263 - 14517

If Price breaks any of the nearest Trend Line, In Days Closing
Then, It is expected The price will fall to this support Area.

2) Strong Supply Zone, And Strong Resistance.14829 - 14881

If Price breaks this resistance at Days Closing, Then
The Ascending Triangle Pattern will be broke and index may become bullish.

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Beyond Technical AnalysisChart PatternsDemand ZonepriceactionpriceactionanalysisSupply ZoneTrend Analysis

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