Demand Zone
HIND COPPER PRICE ACTION ANALYSISThe hind copper stock price has been falling heavily since it reached the ATH mark. However, the time has come to buy the stock based on the following reasons.
1) The demand zone is created by the ABCD pattern 2.24 and 2.414, the price bounced off this zone with huge volumes.
2) The price is near the 200EMA line, which is 117.17 currently.
3)The RSI is making the higher lows and is above 50.
4) The company's profits are increasing but the price keeps falling.
The risk-reward near this zone is attractive. We can keep a stop loss at 99. The target could be 158.
Happy trading :)
This is just for educational purposes.
AMARAJABAT LONG TRADE SETUPAmarajaBat in strong Accumulation area, it can be taken at 735 with sl of 724 ride it by trailing till 759
ICICIPRULI price at Daily Demand zoneBuy ICICIPRULI
ICICIPRULI price is on demand zone and good to buy @cmp. 2:1 trade setup is marked on chart.
Entry -666.5
SL -641
Target - 715 / New higher high
Swing SetupEXPLANATION : This is a 4 hour time frame chart of ULTRACEMCO . It has been in downtrend for days the stock on a very crucial level , If ULTRACEMCO taking support from Demand zone & broke its trendline resistance , I am seeing very good buying opportunity in ULTRACEMCO . If stock give a strong breakdown and broke its demand zone with high volumes and retest the same , I am bearish on ULTRACEMCO . Trade with confirmations .
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SBICARD... DON'T MISS THE OPPORTUNITYA beautiful ascending triangle pattern in SBI CARD. The stock is trading near its support level. I suggest you buy at the current price and add more if the price falls. Long rally ahead.
Concentrate on Insurance stocks- SBI LIFE, HDFC LIFE, ICICIGI, ICICI PRUDENTIAL...
Nifty Index will play on Uncharted Zone !!!As communicated earlier that nifty may get into the uncharted Zone, the same has been done in the last few sessions only. Now we do not know the destination of the index. The daily chart is self-explained where the major resistance ( RZ-1)stands between 17200 to 17250. The high probability of reaching that point will be from the 2nd week of Sep 2021 to the 1st week of Nov 2021. If it enters into the High Volatility Zone (HVZ) that probability of going up will decrease to a minimum but once again once it is out of that zone then a different scenario will appear( a study needs to be done there).
As per the market scenario, the probability of nifty reaching RZ-2 is very high if it crosses RZ-1 and stands there for some time by the given timelines.
NTPC demand zone long buy 23-09-2021tested zone
It is just a view based on demand/supply, pls trade at your own risk
Auropharma BUY Auropharma ready to fire soon,
Based on technical analysis and trendline breakout, and demand supply zone. Target line plotted...
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON HOMEFIRSTIn this self explanatory series i will be posting charts with pure technical analysis on charts without full length explanations , Traders can ask their in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
XAUUSD LOOKS STRONG BEARISH IT MAY CONTINUE DOWNTREND XAUUSD LOOKS STRONG BEARISH IT MAY CONTINUE DOWNTREND
Gold looks weak today if price rejects on resistance of 20 ema 50 ema or 200 ema
then go for
SELL SIDE WITH STRICT SL - 1785.58
TARGET 1 - 1746
TARGET 2 - 1725
TARGET 3 - 1705
ACC 6O long setup Minimum 1:2 RR can be expected ACC 6O long setup Minimum 1:2 RR can be expected
60Mins demand
Daily Income Trade
Co inside with daily demand
#M_M at good demand zone M_M is consolidating at important zone which is also a good support
a good risk to reward trade can be initiated here with 4-5% risk and 15-20% reward as target 1 and 2
risk taker can initiate the trade here but safe traders wait for a green candle and volume but this will effect your risk to reward ratio
this is not a trade recommendation
Happy Trading.
ITC | Can expect an up moveITC looks good at 214 for a target of 230. After repeatedly taking support near the 200 zone since January, price has broken out on 23rd July. Now it looks ready for move till 230, which is kept at the 78.6% retracement level.
Thank you.
If you like my idea, please check out my other charts as well.
Indusind Bank: Rallied like anythingPosted my analysis the day before yesterday with levels....target hit on the second day only......wasn't sure whether it will hit the second target so I marked target 1 on the chart. But boom....it went like anything today.
The previous analysis is liked below.
Indusind Bank: Descending TriangleIndusind Bank is forming a Descending Triangle Pattern on the daily chart.
Details are given in the chart itself.
TataPower , 1 Hour Demand , Coiniciding Daily DemandA good 60 min Demand which is coinciding Daily and 4hour demand.
We can Expect 6 RR , 1:6 RR
Levels for - 06 Sep 2021EXPLANATION : This is a 15 Min time frame chart of SBICARD . The stock has been consolidating exact Demand zone , We buy at bottom and sell at the top , It has formed a Resistance become Support .
