cmp : 22442
demand zone : 22305-22392
supply zone : 22740-22810
nifty is respecting both demand and supply zone.
breaking any one zone will be indication for next big directional move of 2-4%
price action suggest bearishness but if demand zone is respected it may bounce back.
any dip towards demand zone should be treated as buying opportunity with strict stop loss
GAP FILLUP PENDING 22140-22200
personal bias - bullish in medium term
note : just a educational publication and not a trading recommendation.