Nifty: Intraday Demand and Supply Zones
Nifty closed near its supply zone @ 7850-8000. The demand zone is very wide @ 7450-7750. I am not interested in taking any trade-in fut between 7450-8000 because It’s a sideways zone for me. Nifty may be volatile and it may move both sides in this zone. Option selling is a good option in this trading range. In option selling positive is we are very close to the expiry. I will plan to take a long trade in fut once it sustains above 8000 for the target of the next supply zone and I will short once it will break its demand zone @ 7450 for the target of the next demand zone.
Demand Zones: 7450-7750 / 7050-7230 / 6300-6560
Supply Zones 7850-8000 / 8250-8350
Demand Zones: 7450-7750 / 7050-7230 / 6300-6560
Supply Zones 7850-8000 / 8250-8350
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.