svapnilchoksi

Nifty Trading In The Supply Zone

Penjualan
svapnilchoksi Diupdate   
NSE:NIFTY   Indeks Nifty 50
There is a Supply Zone @ 17800-17900 and 17935 to 18320.
Currently it is trading in the 17800-17900 Supply Zone.
Risk to reword is favourable to take a short position.
It will be strong once 17800-17900 supply zone will convert into Demand Zone.
Komentar:
Strong Buying is absent from the supply zone ... positive sign for Short Position...Still Strong selling is also absent....Let's see...
Komentar:
It is important to get the strong follow through below 17800 otherwise...will have to close the short position
Komentar:
Komentar:
When price is moving up...Heavy Short position is crated in 17900 and 18000 CE in Monthly Exp...not able to see bullish price action from supply zone... very confusing between 17800-17900
Komentar:
Nifty @ 17840 --- Expecting trending market on the downside

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