Look at the marked areas, This zone has sent Nifty down twice, now nifty is at the same point what what does the price action says here,
See carefully the change in volume , last two times all red bars but not now , also some good green candles have built up.near supply zone which says that it is no more a strong resistance zone.
The price action says Nifty is going north.
Simple price action, no jazz.
See carefully the change in volume , last two times all red bars but not now , also some good green candles have built up.near supply zone which says that it is no more a strong resistance zone.
The price action says Nifty is going north.
Simple price action, no jazz.
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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.
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.