NIFTY WEEKLY ANALYSIS FOR 17.8.2020 TO 21.8.2020

NIFTY IS EXPECTED TO RANGE BETWEEN 12000-12400 ON THE UPSIDE AND 10500-10200 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 ALREADY REACTING FROM THE DAILY SUPPLY ZONE .THIS IS FOR EDU PURPOSE ONLY