A demand zone in trading, particularly in the context of the Nifty index (or any financial instrument), refers to a price area where buying interest is significantly strong, causing the price to reverse or bounce upward. Traders often use demand zones to identify potential entry points for long positions, as these zones indicate areas where buyers are likely to step in.
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Disclaimer
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.