Hello guys, last few days have been volatile so I was not giving many trades, seeing the market it is now better to take the trades on support rather than on breakout as most of them are failing. Astral retraced 78.6% from last swing high. Sitting above flip level Near Demand/Supply conversion zone Bounced from 200 MA cluster Immediate resistance at 2095 -...
Levels are explained in charts with Entry, Target & Stop Loss. Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Hikal taking good support on Demand Zone. can show good upside
Two entry points according to demand zone concept.
Stock is trading in a range and bouncing from the demand zone.
Apollohospital trade setup marked on chart. Best buy price is 4120.
HDFC near it's weekly demand zone and according to demand zone good to buy at 2470 or near by price.
Here is a zone where price takes rejection multiple times, the White line is 0.618 ratio of #Fib Retracement which is also important. Take entry on breaking of a zone with strong green candle and .618 ratio with the SL of 690 as shown in the graph. Targets are as shown in the graph if the price breaks all-time high then trail SL and hold the trade for higher...
On a Daily time frame, Tech Mahindra is forming Higher High and Higher Low. Based on Demand and Supply power pattern, A buying zone has been formed known as FTR. Buying price as per zone - 1650.5 , Stop loss would be below the zone, i.e. - 1576 and the target would be new higher high. Safe trader can keep a target 1820 which is near its recent high as it can act...
The stock price of EXIDEIND breached the Demand Zone in panic selling and now the price has regained the Daily time frame Demand Zone. Buying at cmp with stop loss of 151.60 for targets 169,183.
NTPC good to buy near marked demand zone for target recent previous high.
NMDC reacted from strong demand zone and good to buy near resistance trendline support points or above 145. Targets would be T1- 168/ T2- 177 / T3 -197
Aditya Birla Capital Limited ready to break resistance zone..
Fundamental analysis : In fundamental wise the current share price is trading 2.44 rupees below its PE valuation. According to Graham number valuation share is trading below 11.5% of its current share price 239.85. In last five years debt on company has reduced. Debt to equity ratio is 0.33 which is consider as good value and the current ratio is 1.39 which is...
USDINR formed a bullish hammer after entering the Daily Demand Zone. USDINR has been falling continuously for almost 10days.Looks attractive buy at around 74.48- 74.50 with stoploss of 74 for target of 75.00, 75.50, 76.00
CADILAHC has been consolidating little above Daily time frame Demand Zone after entering the daily Demand Zone. It has also touched the Weekly and Monthly time frame Demand Zone. Looks a good buy candidate price will gain strength by closing above 475 on daily candle closing basis.