Nifty will face resistance at 9860-10000 (Major Supply Zone). There is a major neckline in this same zone.
On the downside demand zone @ 9380-9560 and short turm major demand zone @ 9160-9280.
Hello,
Demand Zones for this week: -
12085-12120 & 12000-11975 & 11900-11880 & 11835-11800 & 11740-11725 & 11635-11610
Supply Zones for this week: -
11200-11300
In any case, if Nifty will sustain above 12250 then possible to see higher levels but possibility is very low for this option.
If this time Nifty will sustain below 12000 then it will test lower demand...
Hello,
Nifty is ready for the big move in this week and the maximum possibility is that this move will be on the downside.
On the upside, it's difficult to trade above 12200-12300 zone. I will change my view once it will trade above 12300 in this coming week.
I will watch 11700 and11600 zone, in any correction nifty will take support from 11700 or 11600 levels....
