Strong Demand Zone @ 16400-16500: Very high Probability to brake 16800-16850 Supply Zone and Test it's next Supply zone @ 17000-17400.
Resistance are: 16600 and16750
Weak Demand Zone @ 16250-16350: Less Probability to brake 16800-16850 Supply Zone. High Probability to brake 15900.
Resistance are: 16400
As per my view Nifty Should brake 16800 and move to it's next Supply because there is a strong Bullish Candle in July month on Monthly chart and it took Support From it's Strong Demand Zone.
But I will change my Long and Short Position According to the levels.
Resistance are: 16600 and16750
Weak Demand Zone @ 16250-16350: Less Probability to brake 16800-16850 Supply Zone. High Probability to brake 15900.
Resistance are: 16400
As per my view Nifty Should brake 16800 and move to it's next Supply because there is a strong Bullish Candle in July month on Monthly chart and it took Support From it's Strong Demand Zone.
But I will change my Long and Short Position According to the levels.
Nota
Support Moved to 16650-16750...Still 16750-15680 is a Supply Zone. Fresh Long Position above 16850.Nota
Dagangan ditutup: sasaran tercapai
It may test 17300-400 zone then retrace.Nota
Nota
Moving above 17140 which was a resistance...Daily close above 140 will be another positive sign to reach final target @ 17300-17400Nota
Please check the new post for further updation.Dagangan ditutup: sasaran tercapai
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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.