Nifty: Higher Probability of Breakout

Cập nhật
There is a Supply Zone on Weekly Chart @ 17800-17900 and Supply Zone on Daily chart @ 17850-17900.
There is Demand Zone on Weekly Chart @ 17400-17450 and Demand Zone on Daily Chart @ 16780-17745.

Normally there should be a follow through in price from weekly supply zone but Nifty is taking support from it's daily demand zone.
Also there is a positive RSI Diversion on Daily Chart.

There is a higher probability of breakout.
Ghi chú
ảnh chụp nhanh
Ghi chú
Strong Price Action from 17800-17900 Supply Zone.
it needs to clear the Supply zone with strong price moment to convert supply zone into demand zone.
Giao dịch được đóng thủ công
Profit Booked...
Will Take a Long Position again once it will sustain above 17935
Ghi chú
Now it's time to short
niftytrendsupplydemandanalyticsTrend Analysis

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