Nifty nearing strong supply

Nifty nearing strong supply 1) Chart attached in media 2) This is weekly chart 3) We see SMA 50 has been working as resistance since long 4) This time SMA 50 is around 23900 5) So 23900-23950 shall word as strong supply zone for now 6) So we believe that there can be small retracement of 100-200 point on nifty before nifty starts its fresh journey towards 24200. 7) Stock on radar -

8) This is all for information 9) This is not a buy/sell call Thank you, Technofunda24