NIFTY | 15-Minute Demand & Supply Zone Analysis

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NIFTY | 15-Minute Demand & Supply Zone AnalysisNifty 50 IndexNSE:NIFTYsimpletradewithpatienceπŸ“Š NIFTY | 15-Minute Demand & Supply Zone Analysis Current Price: 23,949.70 ━━━━━━━━━━━━━━━━━━━━━━ 🟒 Primary Demand Floor: 23,532.90 – 23,577.30 β€’ Freshly established demand zone β€’ Base formed after strong rally β€’ Buyers currently defending structure β€’ Key area to maintain bullish momentum ━━━━━━━━━━━━━━━━━━━━━━ πŸ”΄ Intermediary Supply: 24,011.40 β€’ Recent swing high β€’ Major supply concentration β€’ Immediate hurdle for buyers β€’ Psychological 24,000 zone alignment ━━━━━━━━━━━━━━━━━━━━━━ πŸ”΄ Major Supply Matrix: 24,000 – 24,011.40 β€’ High-probability reaction zone β€’ Profit-booking area for short-term traders β€’ Breakout confirmation required above supply ━━━━━━━━━━━━━━━━━━━━━━ πŸ“Š Macro Range Upper Boundary: 24,011.40 Lower Boundary: 23,070.15 Intermediate Structural Support: 23,162.50 ━━━━━━━━━━━━━━━━━━━━━━ πŸ“ˆ Structural Bias: BULLISH β€’ Strong breakout from consolidation β€’ Higher highs and higher lows intact β€’ Demand zones holding firmly β€’ Momentum remains with buyers Bias remains constructive while price sustains above the primary demand floor. ━━━━━━━━━━━━━━━━━━━━━━ ⚠️ Hard Invalidation A sustained breakdown below 23,532.90–23,577.30 would weaken the immediate bullish structure and increase the probability of a deeper retracement toward 23,162.50 and potentially 23,070.15. ━━━━━━━━━━━━━━━━━━━━━━ Educational Purpose Only. This analysis is based solely on price action, market structure, and demand-supply dynamics. It is not investment advice, a recommendation, or a solicitation to buy or sell any security. Please conduct your own research and consult a SEBI-registered investment advisor before making investment decisions.