Nifty reacted exactly from the 15m demand zone and the 5m supply zone mentioned yesterday. If Nifty opens flat or gap-down and breaks yesterday's low of 23,442, we might see a fall to 23,369 and below. The weekly trend (50 SMA) is positive, but the daily trend is still sideways.
Support Levels:
Near Support/Demand Zone (15m): 23,334 - 23,369
Far Support/Demand Zone (15m): 23,297 - 23,329
Further Far Support/Demand Zone (15m): 23,232 - 23,268
As the 75m trend (50 SMA) has turned sideways from an uptrend, it is advised to take confirmation entries for long trades at demand/support zones.
Resistance Levels:
Minor Supply/Resistance Zone (15m): 23,607 - 23,624
Support Levels:
Near Support/Demand Zone (15m): 23,334 - 23,369
Far Support/Demand Zone (15m): 23,297 - 23,329
Further Far Support/Demand Zone (15m): 23,232 - 23,268
As the 75m trend (50 SMA) has turned sideways from an uptrend, it is advised to take confirmation entries for long trades at demand/support zones.
Resistance Levels:
Minor Supply/Resistance Zone (15m): 23,607 - 23,624
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.