On Monday, Nifty opened with a gap up and remained strong throughout the day, making a new all-time high of 25,956 and closing at 25,939.05, gaining 148 points over the previous close. The Weekly Trend (50 SMA) has turned overbought from positive, while the Daily Trend (50 SMA) remains positive. Support zones remain unchanged from the previous post.
Demand/Support Zones:
Near Demand/Support Zone (75 min): 25,376.05 - 25,467.65
Far Demand/Support Zone (Daily): 24,753.15 - 25,130.50
Far Demand/Support Zone (75 min): 24,941.45 - 25,036.75
Supply/Resistance Zones:
No visible supply/resistance zones on the chart at the moment.
Demand/Support Zones:
Near Demand/Support Zone (75 min): 25,376.05 - 25,467.65
Far Demand/Support Zone (Daily): 24,753.15 - 25,130.50
Far Demand/Support Zone (75 min): 24,941.45 - 25,036.75
Supply/Resistance Zones:
No visible supply/resistance zones on the chart at the moment.
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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.