Nifty: My weekly View on NiftySupply Zones and Demand Zones
Very Strong Demand Zone @ 9900-10000
Demand Zone @ 10100
Supply Zones @ 10300 / 10485-10525 / 10600-10645
1st weakness sign will come once Nifty will manage to sustain below it's MAJOR DEMAND ZONE @ 9900-10000. Nifty will be a buy on dips for me above its major demand zone.
In any case If Nifty will sustain above it's SUPPLY ZONE @ 10310 then it may test it's next supply zones on the upside (Please find the supply zones in the chart).
I was not able to update my pervious Nifty post but I will update this post if i will take any trade in Nifty.
Thank x
Have a gr8 weekend
Supply Zone
Nifty New Trading ZoneNifty new trading zone is 9500-10000. There is a wide sideways zone @ 9725 to 9835.
In any case, if it will come to 9500 and will manage to sustain above this demand zone then I will take a short position in 9500 put and If it will come to 10000 but not manage to sustain above this supply zone then I may take a short position in 10000 call.
I will update this post if I will take intraday or option writing trade.
Thank x
:)
CUMMINSIND AS A POSITIONAL TRADE ON LONG SIDECummins India is trading very near to its major Supply Zone.
Once it will sustain above its major supply zone @ 405 then it may test its next supply zones on the upper side.
I will go long if it will sustain above 405.
Please find the demand and supply zones for the stop loss and target.
Thank x
ITC: Positional Trade...Find the Demand and Supply ZonesThere is a Verry Strong Demand Zone @ 190 Zone. Next Minor Demand Zone @ 200 level. Now it is trading above 200 so in the coming weeks, it may test its next Supply Zones on the Upside...
Please find the Demand and Supply Zones for the Target and Stoploss.
Thank x Trade Well
Nifty Supply and Demand ZonesThere is a Short Turm Major demand Zone @ 10100-10180 and Short Turm Supply Zone @ 10240-10300.
I will take these both zones as sideways zones. If Nifty will trade between these zones I may take a position in option writing. I may take an aggressive long position once Nifty will sustain above 10300. I strickly avoid a short position in Nifty at the monument.
I will update this post if I will take a trade-in Nifty.
Nifty: Supply and Demand Zones after gap up OpeningNifty is going to open the gap up on Monday.
According to the supply and demand zones next supply zone @ 10240-10300 and 10430-10530.
On Monday if Nifty will manage to sustain above 10300 then it may test 10435 zone.
As I have mentioned in my previous Nifty post, I have a short position in 9700 and 10000 put and I am carrying this position.
I will update this post during the if I will take any Intraday or Position trade in Nifty. If you will like this post you will get the trade updates.
Thank x
Trade Well
Took a sell on GBP/NZD on 1HrPrice looked like shit when it was in a choppy structure, then finally created a new zone (The big green candle), then price reached the daily sell zone, created a bearish price action pattern and I took a sell call till the next buy zone, lets see what happens.
I'm not a financial advisor, this content is for only educational purposes, always use a stop loss (it will help you to not blow your entire trading account lol). Good Luck to me
ONGC LONG DEMAND SUPPLY PRICE ACTIONONGC has formed quality demand zone from where we can go long with precise stop and target. This price action strategy is expected to trigger the buy call only when pric touches th entry price abd the demand zone.This demand is expected to have unfilled buy orders whixh is expected to trigger in the demand zone. THIS IS PURELY FOR EDUCATIONAL PURPOSE.
Intraday Ideas ACC LongPlease Read the Disclaimer below before taking any trade.
Volume Profile Driven Demand and Supply Analysis- ACC-Long
Entry @ 1145
Stop Loss @ 1134.85
Target @ 1165.3
Take care of your Risk Management, for example you are taking risk of say 200 INR, then your quantity of trade is calculated as risk(200)/difference of entry(1145) and Stop loss(1134.85).
Risk Management is very important, Please do not mess with that.
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