On Tuesday, Nifty opened with a gap down, hitting a high of 25,907.60 before dropping to a low of 25,739.20. It ultimately closed nearly flat at 25,796.90, losing just 13 points from the previous close. The Weekly and Daily Trends (50 SMA) remain positive. The Demand and Supply zones for Nifty are unchanged from the last post.
Demand/Support Zones:
Near Demand/Support Zone (Daily): 25,285.55 - 25,611.95
Near Demand/Support Zone (125 min): 25,376.05 - 25,453.70
Far Demand/Support Zone (Daily): 24,753.15 - 25,130.50
Supply/Resistance Zones:
Near Supply/Resistance Zone (30 min): 25,943.15 - 25,995.00
Far Supply/Resistance Zone (125 min): 26,151.40 - 26,230.80
Far Supply/Resistance Zone (Daily): 26,151.40 - 26,277.35
Demand/Support Zones:
Near Demand/Support Zone (Daily): 25,285.55 - 25,611.95
Near Demand/Support Zone (125 min): 25,376.05 - 25,453.70
Far Demand/Support Zone (Daily): 24,753.15 - 25,130.50
Supply/Resistance Zones:
Near Supply/Resistance Zone (30 min): 25,943.15 - 25,995.00
Far Supply/Resistance Zone (125 min): 26,151.40 - 26,230.80
Far Supply/Resistance Zone (Daily): 26,151.40 - 26,277.35
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