Nifty spent considerable time inside the 30m supply zone mentioned in the last post before breaking out around 12:30 PM and making a new all-time high of 23,754.15. Both the weekly and daily trends (50 SMA) are positive.
Support Levels:
Near small support/demand zone (5m): 23,675 - 23,689
Major support/demand zone (75m): 23,562 - 23,611
Currently, there is no supply zone seen on the chart.
Support Levels:
Near small support/demand zone (5m): 23,675 - 23,689
Major support/demand zone (75m): 23,562 - 23,611
Currently, there is no supply zone seen on the chart.
