NSE:PIIND
I was expecting the price of this stock to reach the monthly demand zone. However, looking at the candles, it doesn't seem like the price will go down any further. Here are my reasons:
The weekly demand zone is a strong zone because it took the price to an all-time high.
The price has also broken through a monthly supply zone.
The price is...
NSE:DCBBANK
WEEKLY DEMAND ZONE
This demand zone is good. But the price is reacting to the monthly supply zone and is coming down. So we will think of trading in this zone when some candles are formed, right now we should wait for the monthly demand zone below.
MONTHLY DEMAND ZONE
The monthly demand zone has broken a long consolidation, but the daily chart...