NIFTY - Ranging Market
Updated
Until Demand/Supply Zones are Broken on either Side, market is expected to be range Bound.
Blue & Red Lines are the Mark of End points for the selling or Buying Pressure, hence will wait to see new agreement between buyers/seller to push the price on either side.
Blue & Red Lines are the Mark of End points for the selling or Buying Pressure, hence will wait to see new agreement between buyers/seller to push the price on either side.
Trade active
Price is now trading in narrow range, next week will expect market to drift lower to retest the demand zone.
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