Nifty50 Weekly view
Green- Origin of Price movement (Lower one),
Orange-Weekly Demand Zone,
Blue- Minor Support zone,
Red- Major Supply Zone (But may not be Authentic as they are formed in shadow of other supply zone)
The orange line can provide a good support and demand as it has broken the previous consolidation
and took price to another ATH. The Price should move up and do-little consolidation before further move
Orange-Weekly Demand Zone,
Blue- Minor Support zone,
Red- Major Supply Zone (But may not be Authentic as they are formed in shadow of other supply zone)
The orange line can provide a good support and demand as it has broken the previous consolidation
and took price to another ATH. The Price should move up and do-little consolidation before further move
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