Demand Zone
SWING TRADE IN EQUITAS SEPT FUTSWING TRADE IN EQUITAS
SEPTEMBER FUTURES
BUY@158.5
STOP@154
TARGET@170
LOT:4000
QTY:2
JKTYRE trying to break outJKTYRE has taken support at weekly demand zone and now trying to break the trendline to move UP.
Close above 132 would be good to enter (or RSI needs to close above 40) with immediate SL 124
On the above side 140 would act as resistance and close above would take it to 150 and above
Engulfing @ significant ZoneIt seems that 374 level is strong demand zone. Parallel Channel, double bottom, RSI coming out of overbought zone and latest Engulfing bar suggesting a long trade with small stop loss. One can easily expect 2.5 times reward of risk being taken in this trade.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Joining the trend with DemandLupin has been making Up trend on Daily Time Frame.
The marked zone forms like Rounding Bottom Formation, with a classic Demand Zone Formation.
There is no Supply Zone on Daily Time Frame till ₹ 1020, opening up R:R for the long trade.
Both 10, 20 EMAs coincide with the zone. If they still remain coincident with both the zone and latest trading price at the time of entry, it may add to better probability for this trade.
One of the cons of this trade is that the green bullish candle of Jan 5, has not been able to close satisfactorily above the bearish candle of Dec 29, giving rise to doubt that probably this price movement can be a fake one, to trap and stop us out.
Looking to take advantage of this zone to join in the trend.
Disclaimer: The Analysis, nowhere recommends to follow it, nor does it recommend nor does it give any advisory to buy/sell. This is not an investment advisory and only an educative analysis.
Demand Zone at Fib LevelThe stock has made a bullish engulfing at significant demand zone which is exactly at 61.8 fib level of the last move. It looks like Buyers are entering at this level so one can buy the stock at this level.
Weekly Trade - DHFL good probabilityHi! I trade NSE stocks using Demand and Supply zone strategy, mostly in Weekly time frame.
Here's a trading plan for NSE:DHFL
Weekly location: Equilibrium
Daily trend: Up (Let's go long)
Hourly zones: Demand zone marked on chart
Trade duration (max): 1 month
Note: Target, Entry and SL on chart
High probability trade in VOLTASHi! I trade NSE stocks using Demand and Supply zone strategy, mostly in Weekly time frame.
Here's a trading plan for Voltas
Weekly location: Equilibrium
Daily trend: Up (Let's go long)
Hourly zones: Demand zone marked on chart
Trade duration (max): 1 week
Note: Target, Entry and SL on chart
Symmetric Triangle and as price on Demand Zone - ICICI BankSymmetric Triangle and as price on Demand Zone - ICICI Bank.
Trade:
Long Entry - 296 above and Targets - 301.50 / 306.50 & SL - 290
Short Entry - 287.50 below and Targets - 281.50 / 275.50 & SL - 293.50
Note - Price is lying on Demand Zone. So, I am personally suggest to not go Short side until the demand zone get broken completely.