NIFTY: Intraday Demand and Supply Zones

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Finally Nifty closed in the major supply zone @ 9365-950. On the downside short term major demand zone @ 8850-9100.

If Nifty will sustain 9350 which is a lower level of its supply zone then it may test 9500 which is a higher level of the supply zone.

Supply Zone is very wide so it is difficult to get a valid technical stop loss so I made a short position in 9000-9100 and 9200 instead of FUT.

Handel aktiv:

STBT Positions:-
9000 put sold @ 25 and closed @ 9
9100 put sold @ 36 and closed @ 13
9200 put sold @ 50 and closed @ 22.50

Handel aktiv:

Bought NF FUT @ 9480 sl 9430...My Target is 9580 and above

Kommentera:

NF CMP @ 9500 and I am not expecting NF weekly closing below 9500

Trade stängt: målet nått:

Booked Profit in all Put writing position.
NF Fut Target has done...Booked Profit.