Nifty: weekly View on Nifty
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 .
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 .
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