Nifty’s Demand and Supply Zones:-
- Nifty made High of 5217 two times and it is showing resistance and supply zone. If broken with volumes then upside is possible.
- 5163 to 5155 may work as Demand Zone for short term. If broken then downside possible for today.
Check the chart 1 below.
Check the chart 2 below Update at 2.50PM
See How Nifty Rallied from Demand Zone and broken resistance also and given 80+ points
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