Nifty weekly analysis

NSE:NIFTY   Nifty 50 Index
Nifty is trading @11214.
- There is a supply zone above this level @(11252-11290) if it manages to sustains this level then go for the target near 11380 level.
- If it fails to sustain the level of 11200 then go short for the target near 11115.
- If nifty didn't sustain 11100 level then go short for the targets of near about 11030 level as there is a demand zone @(11000-11027).
- extreme levels on the both sides @(11462-11498) & @10855-10896) are the major supply and demand zones for this week.


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