Reason- Price entered in demand zone Harmonic pattern
INSIDE 1HOUR TIMEFRAME OF DEMAND ZONE I FOUND 2 DEMAND ZONES ON SMALLER TIMEFRAME ie 15MNTS
Nifty trading at support level on hourly chart. Looks Nifty may spend some time between range of 10800 and 11300.
BALKRISIND looks strong with volume analysis, buying opportunity exists at the current level with a price target of 1310-1320 in the upcoming 7-10 sessions.
looking good for short term as well long term Currently in Monthly and daily demand zone Golden cross over formed Highest market cap in education sector PE ration 7 Vs industry PE 13 Undervalued Share book value 15 undervalued Invest only that much which you can afford to loose
HCL Tech closes above boring candle hence looks strong at the current level, target around 700-705 levels with 3-4 session trade. SL can be considered around 613 level on closing basis
Tata Steel is trading in a channel. Has given a trendline and horizontal resistance breakout. Nice opportunity to long
Market Analysis : USOil formed Symmetrical triangle pattern on 4 hours time frame. Expecting it to be reverse and touch S3 support zone in upcoming days
Is it compulsory to that stock should fill the gap after a huge gap up? Is it compulsory to take a short trade in any stock which is showing strong momentum on the upside? As per my analysis it's very difficult to get the follow through in short trade if it will trading above 890. Sustain below 890 it my test it's next demand zones on the downside. 912-922 is...
Price is decreasing with decreasing volume this convey that in near future price can reverse its trend. (Long opportunity) CANBK has formed a support and trading near the support. Buying on this position can give very good RR ration.
I will avoid positional short trade in Nifty because Nifty is strongly respecting demand zone @ 10480-10600 and not ready to give daily below 10600. According to the data 10500 and 10600 is a very strong support. Next supply zone @ 10925-11070 and this will be my next target in coming days. Thank x :) Trade Well
Trading Ideas for 07/16/2020 Analysis Date: 07/15/2020 Disclaimer: This Information is made available for educational purpose only, This Channel or the channel owner does not recommend, advocate or solicit the buying, selling or holding of any investment, the use of any investment/trading choosing methodology, the use of any particular financial tools or...
Disclaimer: This Information is made available for educational purpose only, This Channel or the channel owner does not recommend, advocate or solicit the buying, selling or holding of any investment, the use of any investment/trading choosing methodology, the use of any particular financial tools or particular financial tools or particular trading platform or the...
Hello, Demand Zones : 10480 - 10520 ( VERY STRONG DEMAND ZONE ) / 10630-10730 ( STRONG DEMAND ZONE ) Supply Zone : 10925 - 11065 ( STRONG SUPPLY ZONE ) There are multiple demand zones at down side and strong supply zone and psychological level on the upside. My next week view in the Nifty is natural because on the it's difficult to get the follow through on the...
HDFC is looking strong on the weekly chart and it is trading above it's major supply zone. There are multiple Supply zones on the upside. So I will go with the put writing because I am seeing limited downside.
SEE HOW BEAUTIFULY PRICE IS REVERSING FROM ITS DEMAND ZONE .GOOD POSTIONAL BET WITH ENTRY ABOVE HORIZONTAL TL @ 453 LEVELS WITH A STOP LOSS OF 430-435 LEVELS .
Trade setup for Bank Nifty:- Very Strong Supply Zones @ 22200-23000 Zone. Demand Zone @ 21700-21750 Zone. Very Strong Demand Zone @ 20700-20950. 1. There are Multiple Supply Zones in the range of 22200 to 23000. Its not easy for the Bank Nifty to sustain above 23000 in next week. In any case if it will manage to sustain above 23000 then It may test it's next...