Nifty maintained its upward momentum on Monday, breaking the small supply/resistance level mentioned in the last post and closing at 24,141.95. Both the weekly and daily trends (50 SMA) are positive.
Support Levels:
Near Small Support/Demand Zone (15m): 23,985 - 24,012
Near Support/Demand Zone (15m): 23,716 - 23,743
Near Support/Demand Zone (75m) for Weekly Trade: 23,671 - 23,754
Major Support/Demand Zone (Daily): 23,350 - 23,667
Resistance Levels:
Currently, there is no supply zone seen on the chart.
Support Levels:
Near Small Support/Demand Zone (15m): 23,985 - 24,012
Near Support/Demand Zone (15m): 23,716 - 23,743
Near Support/Demand Zone (75m) for Weekly Trade: 23,671 - 23,754
Major Support/Demand Zone (Daily): 23,350 - 23,667
Resistance Levels:
Currently, there is no supply zone seen on the chart.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.