Bank Nifty Supply and Demand Zones.
Hello,
Please find the Supply and Demand Zones in the chart.
My Intraday Plan:-
1. If it will sustain above 311350 then I may take a long position for the target of next supply zone.
2. If it will not manage to sustain above 31050-31150 then I may sell 30500 Put because it's not easy to break and sustain below 30450-30500.
Trade Well
Please find the Supply and Demand Zones in the chart.
My Intraday Plan:-
1. If it will sustain above 311350 then I may take a long position for the target of next supply zone.
2. If it will not manage to sustain above 31050-31150 then I may sell 30500 Put because it's not easy to break and sustain below 30450-30500.
Trade Well
Trade active
BTST: Sold 30500 Put @ 100Note
Yesterday BTST position now trading @ 50Note
Bought again @ 31200 and my Sl is 31049 for the next supply zone targetTrade closed: target reached
Booked profit @ it supply zone @ 31330Note
Still carry 30500 put
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.