Swapilchoksi
Education

Bank Nifty Supply and Demand Zones.

NSE:BANKNIFTY   NIFTY BANK
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

Trade active: BTST: Sold 30500 Put @ 100
Comment: Yesterday BTST position now trading @ 50
Comment: Bought again @ 31200 and my Sl is 31049 for the next supply zone target
Trade closed: target reached: Booked profit @ it supply zone @ 31330
Comment: Still carry 30500 put

Comments

Today Intraday move yesdarday post
Thanks
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Thanks update
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Swapilchoksi rakeshfind22
@rakeshfind22, Ue Welcome Rakesh. 🙂
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