Bank Nifty Supply and Demand Zones. Education

Nifty Bank IndexNSE

Description

⋅ Jan 23, 2020 12:05 PM

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

⋅ Jan 23, 2020 12:06 PM

BTST: Sold 30500 Put @ 100

Comment

⋅ Jan 24, 2020 5:05 AM

Yesterday BTST position now trading @ 50

Comment

⋅ Jan 24, 2020 5:06 AM

Bought again @ 31200 and my Sl is 31049 for the next supply zone target

Trade closed: target reached

⋅ Jan 24, 2020 10:19 AM

Booked profit @ it supply zone @ 31330

Comment

⋅ Jan 24, 2020 10:20 AM

Still carry 30500 put

Comments

Rakeshkumar01

⋅ Jan 24, 2020 3:19 PM

Today Intraday move yesdarday post
Thanks

Rakeshkumar01

⋅ Jan 23, 2020 6:18 PM

Thanks update

Swapilchoksi

⋅ Jan 24, 2020 2:05 AM

@rakeshfind22, Ue Welcome Rakesh. 🙂