Bank Nifty: Demand and Supply Zones for the next Week
Major Demand Zone @ 21000 and 21500. Major Supply Zone @ 23000 to 23300
Choppy move is expected between 21900 to 22500. This zone will be sideways to positive zone foe me. Once it will sustain above 21800 I may take a short position in 21000 put.
Fresh upside move is expected if it will manage to sustain above 22500 and in this case I may take a long position for the target of its next Supply zone @ 23000.
I may take aggressive long position if it will manage to sustain above 23300 for the target of next supply zone @ 24000 and 24500.
Thank x
Have a gr8 Weekend :)
Choppy move is expected between 21900 to 22500. This zone will be sideways to positive zone foe me. Once it will sustain above 21800 I may take a short position in 21000 put.
Fresh upside move is expected if it will manage to sustain above 22500 and in this case I may take a long position for the target of its next Supply zone @ 23000.
I may take aggressive long position if it will manage to sustain above 23300 for the target of next supply zone @ 24000 and 24500.
Thank x
Have a gr8 Weekend :)
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