Indeks Nifty 50
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Nifty Closed In the Weekly and Monthly Supply Zone

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There is a Supply Zone @ 17800-17900 in Weekly and Monthly both Timeframe. Weekly closed in the Supply Zone.
Nifty having multiple supply zones @ 17800-17900 and 17935-18300. There are multiple Supply Zones on the Upper side. Demand Zone @ 17400-17450

I will find sell opportunity if there is a negative price action from Supply Zone.
I will find buy opportunity if there will be a strong buying from first Supply Zone and if price will able to sustain above 17950. Positive Sigh is there is RSI Divergence on Daily Chart...


Nota
NIFTY FMCG and NIFT AUTO outperformed last week
Stocks: ITC - BRITANNIA - M&M - NDR AUTO COMPONANTS - AUTOMOTIVE AXLES
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Dagangan aktif
Negitive Price Action from 17800-17900 Supply Zone.
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Nota
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Nota
I think Yesterday's17700 Put writer are Trapped...they failed to move price above supply zone
Nota
Closed and Booked profit in Short Position

Penafian

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