Two Critical Points. By Analyzing Nifty 50 Chart on 09-04-2021
1) Wide Demand Zone , But Weak Support Area . 14263 - 14517
If Price breaks any of the nearest Trend Line / Supply Zones In Days Closing Then, It is expected The price will fall to this support Area . (Price broke 14829 on 09/04/2021, Price may trend down after retest)
2) Strong Supply Zone , And Strong Resistance.14829 - 14881 (The Retest Done on 09/04/2021, Downtrend Pennant is formed)
****A Target of 14735 Can be achieved on 12/04/2021*******
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