Nifty: My weekly View on Nifty
Updated
Supply Zones and Demand Zones
*Demand Zone @ 10100
*Supply Zones @ 10300 / 10485-10525 / 10600-10645
1st weakness sign will come once Nifty will manage to sustain below it's MAJOR DEMAND ZONE @ 9900-10000. Nifty will be a buy on dips for me above its major demand zone.
In any case If Nifty will sustain above it's SUPPLY ZONE @ 10310 then it may test it's next supply zones on the upside (Please find the supply zones in the chart).
I was not able to update my pervious Nifty post but I will update this post if i will take any trade in Nifty.
Thank x
Have a gr8 weekend
*Demand Zone @ 10100
*Supply Zones @ 10300 / 10485-10525 / 10600-10645
1st weakness sign will come once Nifty will manage to sustain below it's MAJOR DEMAND ZONE @ 9900-10000. Nifty will be a buy on dips for me above its major demand zone.
In any case If Nifty will sustain above it's SUPPLY ZONE @ 10310 then it may test it's next supply zones on the upside (Please find the supply zones in the chart).
I was not able to update my pervious Nifty post but I will update this post if i will take any trade in Nifty.
Thank x
Have a gr8 weekend
Trade active
bought NF @ 10350 sl 10295 tg 10488Trade closed: stop reached
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