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Swapilchoksi
Jun 20, 2020 6:53 AM

Nifty: My weekly View on Nifty 

Nifty 50 IndexNSE

Description

Supply Zones and Demand Zones
Very Strong Demand Zone @ 9900-10000
*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.

Thank x
Have a gr8 weekend


Trade active

bought NF @ 10350 sl 10295 tg 10488

Trade closed: stop reached

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