AMD Effect on the BankniftyThe chart clearly reflects how the big players have done stop loss hunting where most retail traders and investors have their stop losses below a consolidation. It is clearly seen that the big players induced false buying and dragged the prices all the way down first triggering all stop losses and now gearing up the market to take it up in the intended direction.
Demand_zone
HOW-TO: Use Demand and Supply Zones Pro [Afnan] As Screener In this video, I walks you through an exciting update to the Demand and Supply Zones Pro Indicator—integration with TradingView’s Pine Screener. This powerful tool allows traders to scan stocks based on demand and supply zones, helping to streamline your trading process and increase your efficiency.
Key Highlights:
Learn how to set up the Pine Screener for scanning stocks from your watchlist based on demand and supply zones.
A step-by-step guide to creating and using a Nifty 200 Watchlist.
Setting up Demand and Supply Zones Pro with custom timeframe and alert configurations.
How the screener analyzes stocks, focusing on demand and supply zone proximity and key price levels.
Understanding the columns in the Pine Screener and how to interpret them for your trades.
This screener is available exclusively to Premium and higher TradingView plans, so ensure your account is upgraded to take advantage of this feature.
SYNGENE: A Confluence of Demand Zones Worth Watching
Understanding the market moves through the lens of demand and supply zones can give traders a critical edge. I’ve been looking at SynGene International ( NSE:SYNGENE ), and I think it’s at a super interesting level right now. Let me break it down for you in a simple way!
📈 Why SynGene Looks Promising Right Now
Triple Timeframe Demand Zone Confluence : NSE:SYNGENE is trading in demand zones across the 75-minute, 125-minute, and daily timeframes. This rare alignment of zones suggests that "smart money" may be active here. Demand zones represent areas where unfilled buy orders are likely to exist, making this confluence a highly positive factor for demand-supply zone traders.
Absence of Supply Zones : No supply zones are visible on the current timeframes or even on the weekly chart. This indicates that price movement may face minimal resistance ahead. The absence of supply zones on the higher timeframe (weekly) places the stock in a "wholesale area" as per Curve (location) analysis.
Quality Demand Zone : The demand zones currently in play were instrumental in driving the price to an all-time high in the past. These zones follow-through candles broken multiple tested resistance levels, demonstrating their strength.
Act of Polarity : While the price is not precisely in the demand zone right now, it is trading at a level that previously acted as resistance. This "act of polarity" (where resistance becomes support) adds another layer of technical validity to this setup.
Uptrend on Higher Timeframe : The higher timeframe trend for SynGene remains upward, aligning well with the idea of buying on demand zones.
🎯 Key Trading Considerations
- Entry Strategy : Look for entry opportunities near the demand zone, ensuring your stop-loss (SL) is placed below the distal line of the demand zone with a buffer.
- Risk Management : Aim for a minimum 1:2 risk-reward ratio for your first target. If the price moves further upward, consider trailing your stop-loss to capture extended rallies.
- Safety is Key : While the setup is promising, remember that no setup is foolproof. Discipline with stop-losses.
Lastly, thank you for your support. Feel free to ask if you have any questions.
📢 Disclaimer : This analysis is purely for educational purposes and is not intended as a trading or investment recommendation. Please note, I am not a SEBI-registered analyst. Always consult with a financial professional before making trading or investment decisions.
Reliance Industries Approaching Key Demand ZoneReliance Industries ( NSE:RELIANCE ) is approaching a significant daily demand zone. This demand zone is noteworthy due to its historical impact: following its formation, Reliance has broken through previous resistance levels and reached an all-time high.
Key Observations:
Strong Demand Zone: The current demand zone has demonstrated substantial strength in the past. Its formation preceded a major breakout to new all-time highs, highlighting its robustness.
Breakout Confirmation: After this demand zone formed, Reliance surpassed its previous resistance levels, underscoring the demand zone’s significance in driving the upward momentum.
Opportunity: Given the strength of this demand zone, the current price level presents a potential high-reward trading opportunity. Entering trades at this demand zone could offer an advantageous risk-reward ratio.
Disclaimer: This analysis is for informational purposes only and does not constitute trading advice. Always conduct your own research and consult with a financial advisor before making investment decisions.
Long in Petronet LNGThe structure in Pretonet LNG is a superb one and looks very promising from every angle.
The Demand zone (marked in Green) is a very very fine zone and one can look for Entry at 290.3 levels with Stop Loss @ 287 (closing basis) and Target (as per current chart) of 308 which can be trailed further as per your satisfaction.
Laurus Labs Ready For Go Upside New Study For Paper Trade
Buy Lauruslab Near 355-360
StopLoss :330
Target : 400-450-500-600
Study Logic
👉 Weekly Demand Zone
👉 Monthly Demand Zone
👉50 EMA Support In Monthly TimeFrame
Only For Paper Trade And Education Purpose
Don't Real Trade
I am not sebi Registered Here Post is only for Education purpose i am not responsible for any profit and loss.
Bajaj Finance Ltd On Weekly Demand Zone New Study For Paper Trade
Buy Bajaj Finance Ltd Near 5880-5900 (Add More at 5800)
StopLoss :5750
Target : 6200-6500
Study Logic
👉 Weekly Demand Zone
Only For Paper Trade And Education Purpose
Don't Real Trade
I am not sebi Registered Here Post is only for Education purpose i am not responsible for any profit and loss.
Buy on dipMayur Uniquotes Limited Buy at the current market price and dip, with a stop loss below 400 (closing basis), as this stock bounces up from a good demand zone with an engulfing candle and breaks the old support that turned into resistance as a good bullish signal.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
HDFC Bank AnalysisHDFC Bank has given a good bullish move in 2nd half today, I expect further bullishness. There are total 3 scenarios that can happen:
Scenario 1 : Open above 1529 & retest of this level, buy if the level holds & market shows bullish momentum.
Scenario 2 : Price comes down to the first demand zone between 1505-1510 & shows bullish momentum then buy for a min target of 1529 with 1505 as SL.
Scenario 3 : Price comes to the 2nd demand zone between 1495-1500 & Shows bullish momentum then buy for a min target of 1529 with 1495 as SL.
supply demand conversion zone
** This is a weekly time frame analysis (it is not like one buy and price start to move , it takes time to fly)
** Biocon is seating at demand zone (300-280)
**Stoploss -258-263
** targets_ 1st-382, 2nd- 426,3rd -483
This is simple setup for medium term swing trade ( success rate - 58% but reward are multifolds)
One should apply this strategy and find their own way to enter and exit.
Weekly Time Frame Analysis
**It is near the supply zone(1930-1980)
**price at lower level of range , it should be perfect entry for investment or a med term swing1280-1325 zone is touched 2nd time
on 2nd may & start to move.below 1200 it would be sideway to downtrend above 1300 it would be in bullish mode.& above 2100
strong bullish( 1900-2000 supply zone)First of all dont worry about this trade because
when nifty 50 started to rally upside it started also( means not a weak stock, a little slow).
**again near 200 EMAOn higher time frame if price below the 200 EMA,it shows a little bearish mode.
So any script far away from 200EMA on higher time frame then dont touch( my personal setup)
Weekly Time Frame Analysis
**Near the demand zone or flip zone(5850-6000)
**under 200 ema ( a little bearish zone)But if it take support from demand zone(5700-6000) then there is a higher probability
that it will be above 200 EMA in upcoming weeks.
**2nd time near demand zone( perfect time for add more quantity)That is how you play ur investment.
If you find any doubt, do comment