Nifty opened gap-down on Monday, reacted from the 15m demand zone mentioned yesterday, and closed near the day's high. The weekly trend (50 SMA) remains positive, while the daily trend is still sideways.
Support Levels:
Near support/demand zone (15m): 23,430 - 23,469
Far support/demand zone (15m): 23,297 - 23,329
Further support/demand zone (15m): 23,232 - 23,268
Major support/demand zone (Daily): 22,642 - 22,910
Resistance Levels:
Near supply/resistance zone (30m): 23,567 - 23,622
Support Levels:
Near support/demand zone (15m): 23,430 - 23,469
Far support/demand zone (15m): 23,297 - 23,329
Further support/demand zone (15m): 23,232 - 23,268
Major support/demand zone (Daily): 22,642 - 22,910
Resistance Levels:
Near supply/resistance zone (30m): 23,567 - 23,622
