NIFTY: Intraday Demand and Supply Zones
Yesterday Nifty closed above its very short term major supply zone @ 8000-8100. On the upper side next demand zone @ 8250-8330. Once it sustains above this zone it may test it’s next very short term major supply zone @ 8520-8660. It’s not easy to sustain above this zone. In any case, if it will manage to sustain then it may test its next supply zone @ 8880-9000.
The nifty small trading range will be 8000-8100 to 8520-8660 and the big trading range will be 8000-8100 to 8880-9000.
The nifty small trading range will be 8000-8100 to 8520-8660 and the big trading range will be 8000-8100 to 8880-9000.
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