svapnilchoksi

svapnilchoksi Updated 

Supply Zone @ 18100-17900. Demand Zone @ 17550-17600. In any case if Nifty will not able to sustain above it's Supply Zone then may test it's Demand Zone.

svapnilchoksi Updated 

Nifty is managed to sustain above it's pervious selling levels which was 17450-17350. Nifty already showed strength in the last month where one single candle engulf all selling points of May and June. Also Current month candle is trading above candle body from month December - July. Shorting opportunity below 17450-17350 Buying opportunity above 17450-17350

svapnilchoksi Updated 

As I mentioned in my Pervious Post that 17000-17400 is a Supply Zone but price action is Suggesting that Nifty created strong base near 17200. In any case it will sustain below 17200 than 17400 will become a Resistance. Also there is a absent of POC in this Zone which is a good sign for a long position. In any case if it will sustain above 17400 then it may test...

svapnilchoksi Updated 

Strong Supply Zone @ 17800-17900 Strong Demand Zone @ 16750-16850 Any Case Sustain below 17050-17000 will test Strong Demand Zone. Any Case Sustain above 17400 will test Strong Supply Zone. Positive sign if it will Consolidate between 17000-17400. Please Refer to Previous Post.

svapnilchoksi Updated 

Strong Demand Zone @ 16400-16500: Very high Probability to brake 16800-16850 Supply Zone and Test it's next Supply zone @ 17000-17400. Resistance are: 16600 and16750 Weak Demand Zone @ 16250-16350: Less Probability to brake 16800-16850 Supply Zone. High Probability to brake 15900. Resistance are: 16400 As per my view Nifty Should brake 16800 and move to...

svapnilchoksi Updated 

Important Levels: Supply Zone @ 15950 Demand Zone @ 1500 Distribution Zone @ 15700-15900 Accumulation Zone @ 15150-15350 Any change in Accumulation Zone may take Nifty to 14500 which is next Demand Zone. Any change in Distribution Zone may take nifty to 16500 which is next Supply Zone. Refer pervious post for current week position detail.

svapnilchoksi Updated 

Positive: Selling Pressure Missing from Supply Zone. Managed to Sustain above Minor Demand Zone. Conformation of Positive Move: Sustain Above 15900.