Price may find hard to move beyond the SUPPLY zone. It may retest the DEMAND zone ~11300-11200. After clear accumulation, price will move up. Gap created on 4-Sep may be filled.
For week Sep14-17:
UPPER ZONE: ~11500 - 11600
LOWER ZONE 1: ~11300 - 11200
LOWER ZONE 2: ~11000 - 10900
For week Sep14-17:
UPPER ZONE: ~11500 - 11600
LOWER ZONE 1: ~11300 - 11200
LOWER ZONE 2: ~11000 - 10900
Trade attivo:
14-Sep-2020, 22:26:
Gap created on 04-Sep is filled today and the SUPPLY zone remains intact. Retest of DEMAND zone ~11300 is likely to happen and if breached could go further down. The upper and lower zones given are same.
Gap created on 04-Sep is filled today and the SUPPLY zone remains intact. Retest of DEMAND zone ~11300 is likely to happen and if breached could go further down. The upper and lower zones given are same.
Trade chiuso: obiettivo raggiunto:
16-Sep-2020: 15:38:
Nifty is in clear trend and has cleared the upper zone of 11600. Tomorrow 17-Sep is expiry day and again retest of 11600 may happen for accumulation of volumes and resume upside move.
Nifty is in clear trend and has cleared the upper zone of 11600. Tomorrow 17-Sep is expiry day and again retest of 11600 may happen for accumulation of volumes and resume upside move.