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Demand Zone

CONFLUENCE OF MAJOR AND HORIZONTAL SUPPORT !HINDUNILVR is taking support from its major support line also at the same time it is taking support from its short term horizontal support area. Wait for up trend confirmation on daily time frame to enter, it can be a good risk to reward trade. Also if you have noticed , I didn't posted any analysis in the past few days. The reason for this was falling market. In falling market all we must do is wait. Yes, wait for the right time to capture the great move. I can't actually tell if its the bottom of the market but here in Hindustan uniliver its a great combination of two support also known as CONFLUENCE SUPPORT. Note that this was my personal analysis and not a buy/sell call. Use this analysis for educational purpose only. If you got any questions , you can post in the comments section.
NSE:HINDUNILVRLong
by headymuk
RAMCOCEM LONG VIEWHello Everyone :) As per Technical view i see RAMCOCEM has a potential of 10-12% upside in a very short span of time. RAMCOCEM is fundamentally good and can also be taken as long term bet. This stock has been consolidating and we can see it is on the demand zone and that makes the sense to go Long. PS: This is my view and i can be Wrong, This data is Shared for Educational purpose only. Please consult your Financial Advisor before making an Investment #Long #Bulls #Reality #Sector
NSE:RAMCOCEMLong
by Shardul_11_analist
Finolex cables case studyFinolex Cable spot CMP : 455 Study :- Price action + chart patterns + Elliot wave Time Frame :- Daily There is Rising channel formation, currently price is around the demand line of long term structure, on smaller range of time frame there is formation of symmetrical triangle formation, which have demand line around current levels. so there are 2 structure formation as per chart patterns and both have demand levels around current levels. confluence of demand levels gives more confirmation of reversal. Counter have demand zone as per price action, which can be considered as a retest of previous break out levels, demand zone is marked on the chart which almost confluence with the demand levels of chart pattern structure. Elliot wave formation :- counter at present look to be in corrective wave 4 of impulse phase and is about to mature, if major wave 4 matures and major wave 5 unfolds for the demand zone reversal can be seen and much higher level possible as per calculation of major wave 5 maturity.
NSE:FINCABLES
by RUDRA007
Long & Short Trade via H&S pattern along with Demand & Supply H&S pattern is forming. Left shoulder and Head have formed. Right shoulder is under construction. This DDZ (tested) is at the "neckline" of the above formation. The expectation is that prices will bounce from the neckline demand zone and go on to complete the right shoulder which should give us a nice little long trade. The expected upside potential from the neckline to the possible right shoulder top is about 8-9% (measured via the left shoulder height). Trade set up: Since the demand zone is tested many times, look for: 1) Confirmation or T3 entry 2) Plan credit options trade like Bull Put or Bullish Jade Lizard.
NSE:AMBUJACEMLong
by AmitGoel217