NIFTY WEEKLY ANALYSIS FOR 17.8.20 TO 21.8.20

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NIFTY IS EXPECTED TO RANGE BETWEEN 12000 ON THE UPSIDE AND 10500 ON THE DOWN SIDE BECAUSE OF PRESENCE WEEKLY SUPPLY ZONE AND WEEKLY DEMAND ZONE RESPECTIVELY. PRICE EXPECTED TO BOUNCE FROM DAILY DZ AND ALSO ONE SHOULD REALISE THE FACT THAT PRICE IS REACTING FROM THE DAILY SUPPLY ZONE.THIS IS FOR EDU PURPOSE ONLY