Nifty in Supply zone

Updated
Nifty Spot is entering supply zone of
12370-12390 so few point higher 12392
can be considered a tough resitance
that may be tested today or tomorrow(17 Jan 2020)
So a close above 12392 may give a uplift for another 300-400 points
Supports are at 11795, 11585, 11505, 11215 and finally 11008
Resistance is same 12370-12392
Note
Just see how it turned from 12392
High 12389.05
Booked 48 points intraday profit
Note
Today (20 Jan 2020)
I again booked 30 points in Nifty fut
although nifty spot opened 12430
but slided just after opening and 12392 again played good resistance
i booked future when spot at 12343
Note
Today (20 Jan 2020)
Hit Low 12250
Note
Low made so far 12088
enjoying.....
t.me/chartrading
Note
Low made on 28 Jan 2020
12025
Note
Booked 250 points today
from a positional short
Trade closed: target reached
Cleared final lot at gain of 350 points per lot
Game Over !!!
Note
Just update:
Hit Low 11633
Chart PatternsTrend Analysis

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