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NIFTY-Fall again from LH @17760 (Demand acts as Supply) ???

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The NIFTY index has once again risen, but it has formed a lower high at 17760,
which is the same level as a previous demand zone. Interestingly, this same demand zone now appears to be acting as a supply zone,
as evidenced by the fact that prices have fallen back to the 17560.

If the price manages to break below the 17700 level, which is an internal supply zone,
it is likely that this level will once again act as a supply zone, causing prices to fall further below the support levels at 17560-17520.

Nota
Hidden Supply at 17800 Be careful
Nota
Every Supply is cleared price wants to go up...wait for longer retracement.
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niftylevelsniftyoutlookniftypredictionniftytradesetupniftytrendniftyviewSupply and DemandSupport and ResistanceTrend Analysis

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niftylevelsniftyoutlookniftypredictionniftytradesetupniftytrendniftyviewSupply and DemandSupport and ResistanceTrend Analysis
IIT-Trader
**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Juga pada:

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.