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UnknownUnicorn7384929

Nifty: Ready to Travel in the new Zone

Long
Nifty 50 Index (NSE:NIFTY)  
UnknownUnicorn7384929 Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns niftyintraday Supply Zone Demand Zone
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trendanalysis chartpattern niftyintraday supplyzone demandzone

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

Trade active:
SOLD 9000 PUT @ 71
Trade closed: stop reached
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