Hello, Nifty closed below all its major demand zones. Now the next demand zone is 11810-11840 and the major supply zone is11880 and 11920-11940. Nifty is oversold in a smaller time frame. In any case, if Nifty will come to 11880 and 11920-11940 but not able to sustain above this zone then this will be the fresh selling opportunity. In Any case, NF will sustain below 11810 then 100 points downside will open. My STBT Trade: Sold 12000 call @ 35 Trade Well
Trade active
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STBT: Sold 12000 call @ 35
Comment
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Trading @ 11...Going to carry this position for tomorrow
CHANCES OF NIFTY REACHING 12000 BEFORE MONTHLY EXPIRY?
Swapilchoksi
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@KingOfKings1999, hi. 12000 is just a figure. Follow the levels instead of a psychological level. This is a market and anything is possible here. Anyways the trend is negative. I was bearish from 12200 levels. Any bounce to its a supply zone will be the selling opportunity.