That same Demand Zone (on 17th August), which previously was a support since it attracted buyers, now became a Resistance Zone because Nifty opened below it.
Notice the repeated upper wicks around the zone — showing that sellers were defending the level.
Then came a strong full-body bearish candle(6th candle), indicating now sellers have taken full control and then Nifty drifted down.
The key lesson:
Don't just draw supply/demand a horizontal line and assume price will react exactly at that price.
Think in zones.
Your job as a Price Action trader is to understand:
Where were buyers active?
Where were sellers active?
Who is in control now?
That's how you start reading the market instead of simply following lines on a chart.
Learn Price Action:
https://pivotcall.com/courses/
pivotcall -
Courses - pivotcall
Courses Stock Market Trading Courses to Empower Your Trading knowledge Trading Courses Single Combo 📈25 Day Trading Strategiesin Nifty & Bank NiftyPivot Call 25 Day Trading Strategies in Nifty & Bank Nifty ₹7,500 Enroll Now 📊15 Swing Trading Strategiesin…
August 19, 2026 3.1K 4
