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Daily Chart of Nifty:
Nifty 50 Index
Long
Daily Chart of Nifty:
By OPTIONS-QUANT
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Mar 20, 2021
6
Mar 20, 2021
The index is trading near to demand zone as seen from the chart. The zone is holding as support in every correction in the index.
14100-14300 is the demand zone for the index.
If the index manages to hold the support zone then it can bounce to the levels of around 15100-15300 where downward sloping trendline is lying.
For educational purpose.
indianmarkets
NIFTY
stockmarketanalysis
Supply and Demand
Support and Resistance
Technical Analysis
Trend Lines
OPTIONS-QUANT
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