There is a Supply Zone @ 17800-17900 and 17935 to 18320. Currently it is trading in the 17800-17900 Supply Zone. Risk to reword is favourable to take a short position. It will be strong once 17800-17900 supply zone will convert into Demand Zone.
Заметка
Strong Buying is absent from the supply zone ... positive sign for Short Position...Still Strong selling is also absent....Let's see...
Заметка
It is important to get the strong follow through below 17800 otherwise...will have to close the short position
Заметка
Заметка
When price is moving up...Heavy Short position is crated in 17900 and 18000 CE in Monthly Exp...not able to see bullish price action from supply zone... very confusing between 17800-17900
Заметка
Nifty @ 17840 --- Expecting trending market on the downside
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.