The NIFTY 50 is a benchmark stock market index in India, representing the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange (NSE). A "supply zone" in technical analysis refers to a price level or area where selling pressure is expected to be strong, potentially causing the price to reverse or stall.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.