On Tuesday, as anticipated, Nifty opened gap-up, dipped to a low of 23,134.15, and rallied to a high of 23,264.95, narrowly missing the supply zone by 10 points. However, it retraced back to near its low and closed at 23,176.05, gaining 90 points over the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) continues to be negative.
Demand/Support Zones
Near Demand/Support Zone (30m): 23,063.25 - 23,122.80
Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15
Supply/Resistance Zones
Near Minor Supply/Resistance Zone (15m): 23,275 - 23,340.95
Near Supply/Resistance Zone (30m): 23,396.85 - 23,454.65
Near Supply/Resistance Zone (Daily): 23,496.15 - 23,795.20
Outlook
If the 30m demand zone holds firm, Nifty may attempt to reach 23,400 or even 23,500 in the upcoming sessions.
Demand/Support Zones
Near Demand/Support Zone (30m): 23,063.25 - 23,122.80
Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15
Supply/Resistance Zones
Near Minor Supply/Resistance Zone (15m): 23,275 - 23,340.95
Near Supply/Resistance Zone (30m): 23,396.85 - 23,454.65
Near Supply/Resistance Zone (Daily): 23,496.15 - 23,795.20
Outlook
If the 30m demand zone holds firm, Nifty may attempt to reach 23,400 or even 23,500 in the upcoming sessions.
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.