Nifty has reached to good level of Weekly Demand Zone. Also reacted a bit from Lower Bollinger Band. We Can Expect a small bounce from this level. And if this bounce gets strong enough which can violet the upper supply zone then we can expect Nifty making new HIGH. If this demand zone fails to give bounce then chances of lower demand zone to work becomes very high as it is fresh.
Previous Weekly DZ gets violated and now second DZ is also broken. But closing is done inside the Demand Zone. Also Closing is lower than lower Bollinger Band. Technically it can give upmove from here else lower Demand will come from 10900 - 10650 which is very low as of now.