Nifty bounced from the 5m demand zone mentioned in the last post and rallied to a new all-time high of 23,889.90. Both the weekly and daily trends (50 SMA) are positive.
Support Levels:
Near small support/demand zone (15m): 23,716 - 23,743
Near support/demand zone (75m) for weekly trade: 23,671 - 23,754
Major support/demand zone (75m): 23,562 - 23,611
Currently, there is no supply zone seen on the chart.
Support Levels:
Near small support/demand zone (15m): 23,716 - 23,743
Near support/demand zone (75m) for weekly trade: 23,671 - 23,754
Major support/demand zone (75m): 23,562 - 23,611
Currently, there is no supply zone seen on the chart.
