TCS: Major Demand Zone @ 2070-2080 and 2090-2095. ( Need to sustain above this zone for the up move.)
Wide Supply Zone @ 2105-2140. (No trade Zone for me. Will wait and watch for the double conformation)
Sustain above 2105-2140 supply zone will get the double conformation and may take a long trade in intraday for the target of next supply zone. Also may take a short position in 2100 put.
Supply Zone @ 2160-2170 (Will wait to sustain above this zone for the fresh intraday trade.)
Big move may come if it will manage to sustain above 2160-2170. (May take a long position in intraday trade for the target of next supply zone which is above 2200.)
In short I will take any action in this stock above 2140 level.
Thank x :)
Wide Supply Zone @ 2105-2140. (No trade Zone for me. Will wait and watch for the double conformation)
Sustain above 2105-2140 supply zone will get the double conformation and may take a long trade in intraday for the target of next supply zone. Also may take a short position in 2100 put.
Supply Zone @ 2160-2170 (Will wait to sustain above this zone for the fresh intraday trade.)
Big move may come if it will manage to sustain above 2160-2170. (May take a long position in intraday trade for the target of next supply zone which is above 2200.)
In short I will take any action in this stock above 2140 level.
Thank x :)
Comment:
Still in wait and Watch mode...It is taking support from it's major demand zone but I will go long above 2140
