Demand Zone
ITC Trading @10% Discount. Buy between 270 - 275 Levels.ITC has tested 310 Levels several times and it has acted as a strong supply zone. The price then fall down and it is nearing the demand zone again. I expect the price this time to break the resistance level 310 and we can set the target price @320. Stop loss @ 260.
HINDALCO Demand ZOneHindalco is a Type1 trade
FRESHNESS (3) First time in the zone
STRENGTH (2) move from the zone is good
TIME AT ZONE (2) we have less number of candles in the formation of zone
R:R (3) DYNAMIC
LOCATION (2) very low in the curve
TREND (1) Does not matter when the script is in very low of the curve
MOVE (2)
LOTL (0)
TRAP (0)
COINCIDING (1) 1m min zone is inside Dzone
Considering all the above we can consider it as Type1 trade
Entry 187 SL 83.50
BANKNIFTY Demand ZONEBankNifty demand zone Entry 28937 SL 28800, it is a type1 trade,
FRESHNESS (3) First time it is coming to the zone
STRENGTH (2) move from the zone is good
TIME AT ZONE (2) Not spent much time in the zone
R:R (3) DYNAMIC
LOCATION (2) very low of the curve
TREND (1) trend does not mater when the location is on very low of the curve
MOVE (2) move from the zone is very good
LOTL (0) it not Level on top of level
TRAP (0)
COINCIDING (1) 15 min and 1hr zones are coinciding
Zeel : looks buyZEEL is taking pull-back at demand zone or Support, taking a long side approach should be beneficial.
Entry : 402 <=> 412 Range
Stoploss : Below 385 (Closing Basis)
Basic Target: 440
if you have any queries regarding above idea or any other stock feel free to D'M
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MOMENTUM TRADE IN MINDTREE JAN (FUT)MOMENTUM TRADE IN MINDTREE
JAN FUT
RISING DOLLAR
BREAKING RESISTANCE ON DAILY AND WEEKLY CHART
FUT TRADE
BUY@885
STOP@865
TARGET@915
LOT:600
QTY:1