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Daily Chart of Nifty:

Long
Nifty 50 Index (NSE:NIFTY)  
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NSE:NIFTY   Nifty 50 Index
Trend Lines Support and Resistance Supply and Demand NIFTY indianmarkets stockmarketanalysis Technical Analysis
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trendline supportandresistance supplyanddemand nifty indianmarkets stockmarketanalysis technicalanalysis
The index is trading near to demand zone as seen from the chart. The zone is holding as support in every correction in the index.

14100-14300 is the demand zone for the index.

If the index manages to hold the support zone then it can bounce to the levels of around 15100-15300 where downward sloping trendline is lying.

For educational purpose.
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