Dear Traders,
Here in this chart of the NIFTY Index, I have drawn the important DEMAND (Support) zone and SUPPLY (Resistance) zone which will be necessary for intraday trades on 25th May 2022.
LOGIC- As we know price is the GOD in the stock market, the price of any stock/index itself is the most significant and most important indicator to understand the direction, sentiment & trend of the market.
Every business works on the basis of DEMAND & SUPPLY and the stock market is also pure business, so from price, we understand the DEMAND & SUPPLY areas to watch and trade daily.
Every day I will post the daily analysis of NIFTY & BANKNIFTY which will help you trade in intraday.
Thank You.
Here in this chart of the NIFTY Index, I have drawn the important DEMAND (Support) zone and SUPPLY (Resistance) zone which will be necessary for intraday trades on 25th May 2022.
LOGIC- As we know price is the GOD in the stock market, the price of any stock/index itself is the most significant and most important indicator to understand the direction, sentiment & trend of the market.
Every business works on the basis of DEMAND & SUPPLY and the stock market is also pure business, so from price, we understand the DEMAND & SUPPLY areas to watch and trade daily.
Every day I will post the daily analysis of NIFTY & BANKNIFTY which will help you trade in intraday.
Thank You.
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.
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.