NIFTY: WEEKLY: Be prepare for downside if sustain below 12000.
Hello,
Demand Zones for this week: -
12085-12120 & 12000-11975 & 11900-11880 & 11835-11800 & 11740-11725 & 11635-11610
Supply Zones for this week: -
11200-11300
In any case, if Nifty will sustain above 12250 then possible to see higher levels but possibility is very low for this option.
If this time Nifty will sustain below 12000 then it will test lower demand zones. This possibility is higher.
Demand Zones for this week: -
12085-12120 & 12000-11975 & 11900-11880 & 11835-11800 & 11740-11725 & 11635-11610
Supply Zones for this week: -
11200-11300
In any case, if Nifty will sustain above 12250 then possible to see higher levels but possibility is very low for this option.
If this time Nifty will sustain below 12000 then it will test lower demand zones. This possibility is higher.
