dhananjay.d.joshi

Nifty Channel and Demand Supply Analysis

NSE:NIFTY   Nifty 50 Index

There are several methods of plotting price channel , in my opinion drawing it from closing value is more logical when we are looking at long term charts.

Considering this we are out of recent down trend channel and yet to close above main down trend channel, the supply zone and channel are crossing each other just above current price. we can expect very strong resistance around this level.
where can i get the demand supply analysis script
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@gnayan, as of now there is no script , you need to identify zones manually
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where can i get the demand supply analysis script
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Next support at 7755 7601 and 7525.
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Yes around 7762 and 7591 one can book the profits.
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AMBRISH dhananjay.d.joshi
Thank You,
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It is time to short nifty ,
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Yes.
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AMBRISH dhananjay.d.joshi
Thanks.
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As expected price is not able to go above the red zone (supply zone)
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