NIFTY expecting a Retracement till Monthly Demand.

https://www.tradingview.com/x/wQzCPdbe/

Price has moved away from the EMA, whenever we have a scenario as such Price retraces to the latest Fresh Demand and we have a Monthly Fresh Demand formed.

https://www.tradingview.com/x/nEilLFkS/

We have a Daily Demand exceeded by a Daily Supply hence expecting this Fresh Supply to be the Source of the Downtrend till the Monthly Demand


https://www.tradingview.com/x/NW5YFtfW/


Amazing Short position can be encashed after a downward confirmation in 4H chart.