manojm4

Reversal Zones of Demark

manojm4 Updated   
NSE:TATAELXSI   TATA ELXSI
This is an extension of the “DeMark Range expansion” by CristianD. I have added Weekly and Monthly Ranges .

The support and resistance zones are filled for better viewing .

It bookends the daily, weekly and monthly range between highs and lows. Sell at retests of highs, buy at retests of lows. If a range is broken one way or the other you can probably expect expansion in that direction.

Lime and Maroon represent – Monthly Ranges
Pink – Weekly ranges
Orange – Daily ranges .
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