it is not advisable to trade in the supply zone. A supply zone is a level in the market where there is a significant amount of selling pressure, which can make it difficult for prices to rise further. If the market is in an uptrend and it sustains above 17800 in a 15-minute time frame, the next resistance level is likely to be 17900. This means that if the price rises above 17800 and stays there for at least 15 minutes, there is a good chance it will continue to rise to 17900.
On the other hand, if the market is in a downtrend, the support level is likely to be 17600. A support level is a level in the market where there is a significant amount of buying pressure, which can make it difficult for prices to fall further. If the price drops below 17600, there is a good chance it will continue to fall.
It is important to note that trading in the stock market can be risky, and it is important to do your own research and make informed decisions before making any trades.
On the other hand, if the market is in a downtrend, the support level is likely to be 17600. A support level is a level in the market where there is a significant amount of buying pressure, which can make it difficult for prices to fall further. If the price drops below 17600, there is a good chance it will continue to fall.
It is important to note that trading in the stock market can be risky, and it is important to do your own research and make informed decisions before making any trades.