A Supply Zone in the NIFTY 50 indicates a price level where selling pressure historically increases, often leading to a reversal or pullback. Traders identify these zones using previous resistance levels, rejection candles, or high-volume selling areas.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.