Key Levels: Nifty at a Crucial Turning Point! What's Next?

2月11日

Nifty's price structure is showing a clear pattern of lower highs and lower lows, indicating a prevailing downtrend. However, the market is now at an interesting Demand Zone that could determine its next big move.

📊 Key Observations

• On January 27, Nifty took support from an old demand zone, and formed new lower high.
  
• This minor reversal also led to the creation of a new demand zone.
  
• Currently, Nifty is approaching this fresh Demand zone & old Demand Zone, making it a highly significant area to watch.
  

🔍 Possible Scenarios Ahead

• Reversal from the Demand Zone: If Nifty respects this demand zones and reverses, we may see a potential bottom forming.
  
• Sideways Consolidation: Nifty may move sideways, indicating indecision before a breakout.
  
• Breakdown Below Demand Zone: If the demand zone is breached, Nifty could make a new lower low, continuing its downward trend.
  

🔄 What’s Next?
The next few sessions will be crucial in determining whether Nifty finds strength or continues its downward trajectory. Traders should closely monitor price action and key levels to gauge market sentiment.

Lastly, thank you for your support, your likes & comments. Feel free to ask if you have questions.

🌟 “Patience and discipline separate the successful trader from the rest.”

This analysis is for educational purposes only and is not a trading or investment recommendation. I am not a SEBI-registered analyst.

2月20日

交易進行

As expected, Nifty has taken support near the demand zone and is currently trading around this critical level. The next move will determine whether this zone acts as a bottom or if the downtrend continues.

Key scenarios:
Reversal: Holding the zone could lead to an upward move.
Consolidation: Range-bound trading near demand Zone before next rally.
Breakdown: A breach could result in new lower lows.
Monitor price action closely for confirmation.

2月20日

註釋

As demand and supply zone traders, we focus on levels where smart money is active. While everyone has their own opinions, we always trade from areas where institutions are active. Currently, Nifty is trading just above the Quarterly Demand Zone, and I’m 101% sure that if the price breaches the daily demand zone (which is holding it for now), the Quarterly Demand Zone will act as the bottom, and the price won’t go below it. However, this scenario only holds if the daily demand zone breached. Many stocks are also at their weekly, quarterly, and monthly zones, and reversals in these are highly likely. Let’s see how it unfolds.