Wednesday, February 1, 2012

Nifty Demand and Supply Zone- 1 Feb


Nifty’s Demand and Supply Zones:-

  • Nifty made High of 5217 two times and it is showing resistance and supply zone. If broken with volumes then upside is possible.
  • 5163 to 5155 may work as Demand Zone for short term. If broken then downside possible for today.

Check the chart 1 below.

Nifty_With_Demand_And_Suppy

Check the chart 2 below Update at 2.50PM

See How Nifty Rallied from Demand Zone and broken resistance also and given 80+ points

Nifty_With_Demand_And_Suppy1

Enjoyed? What next?

If you like our articles at Traderadda.Com, the effort we are taking for our Readers, help us spread TraderAdda.Com with Fellow Traders.

How you can do it:-

Share Traderadda to Facebook, Twitter, or with your friends, or Submit it to Stumbleupon , DIG it, Google Plus ONE  Circles … you can do it by clicking buttons available on the Left or in the Post.


For Further Reading,
Demand and Supply, Nifty Technical Analysis

0 comments:

Post a Comment

Your Comments and Few words helps me in DOING BETTER WORK.

Thanks

 

Popular Posts

Latest From TraderAdda

Man Behind TraderAdda

, a Graduate in Science is a part time blogger and Full Time Professional Trader from India.

At TraderAdda he writes about Trading Systems, Amibroker Indicators and AFLs, Trading Ebooks, Trading Resources, Nifty Intraday Levels, Nifty Positional View, and many more other Trading Resources.

His area of interest are Technical Analysis, Developing Trading Strategies, Blogging, Gadgets and Reading.

Hope you will find TraderAdda useful. Your comments/Suggestions/Feedback
is important for us.

Join me for Regular Updates on Twitter

Total Pageviews

Protected Site- Do not Copy