Nifty: Ready to Travel in the new Zone

Apr 14, 2020

According to the Intraday chart there is a supply zone @ 9050-9110 and demand zone @ 8650-8700. According to the weekly chart, there is a demand zone @ 8800-8950. On Monday Nifty took to support it’s weekly demand zone and closed above 9000. In short, there are multiple demand zones below 9000 on intraday and as well as a weekly chart.

*According to the options data Max OI in call @ 9500 and Max OI in put @ 8000. Also, Max changed % in call OI @ 10000.

*According to the data and supply and demand zone Nifty is ready to travel in the new zone of 9000 to 9500 (Short range) and 9000-10000 (Long range).
tgram a t swapniltradingroom

Apr 15, 2020

Trade active

SOLD 9000 PUT @ 71

Apr 15, 2020

Trade closed: stop reached