Supply Zone
Bank Nifty: Intraday Demand and Supply Zones-- In the last half an hour BNF managed to close above its major supply zone @ 18450-19000. Tomorrow if it manages to sustain above this zone then it may jump 600-900 points and may test its next supply zone @ 19600-19900.
-- Demand Zones: 18400-19000
-- Supply Zones: 19600-19900
NIFTY: Intraday Supply and Demand Zones-- 8400-8500 was a supply zone for Nifty and today it was managed to close above this zone. Next supply zone @ 8950-9050 and major supply zone @ 9300-9500. On the downside minor support @ 8650 and 8400-8500.
-- Demand Zones: 8650 / 8400-8500
-- Supply Zones: 8950-9050 / 9300-9500
DJI @ Major Supply ZoneDJI closed @ 22645.
On the upper side, there is a major demand zone @ 22600-23250. We may see higher levels if it will sustain above this major supply zone.
Is DJI started its downtrend journey?Is DJI started its downtrend journey? I think it's too early to say this because right now DJI is trading in the consolidation zone.
On the upside major resistance @ 22350-23350 and the downside major support @ 15800-16100. Between these two major resistance and support zone, there is also a consolidation zone @ 17000-22500.
I am not accepting V shape recovery in DJI. May be DJI will start it's the downtrend on higher time frem or it will be in a consolidation zone for a long time.
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Nifty: Intraday Supply and Demand Zones
Nifty closed below it’s demand zone @ 81120-8165. Once it sustains below this zone on Tuesday then it may test its next demand zone @ 7750-7050.
Carried short position in option because it will get the benefit of 3 days time decay.
Bank Nifty: Intraday Demand and Supply ZonesBank Nifty major demand zone @ 17500-17600. If it sustains below this zone it may test it’s next support @ 16650 and demand zone @ 15300-15600.
If it will manage to sustain above it’s demand zone then I may see OTM call and put.
Bank Nifty: Intraday Supply and Demand ZoneBank Nifty closed below its major supply zone @ 19300-20000. This is also an important zone on the weekly and monthly charts. Now sustain below this zone Bank Nifty may test its next demand zone @ 17500-17800.
Nifty: Intraday Supply and Demand ZonesNifty closed in the major demand zone @ 8200-8380. Once it will break this zone it may test it’s next demand zone @ 7750-7900 and 7250-7430. On the upper side I may think for a long trade once it sustains above the 8700-9060 zone. 8200-9060 will be no trade zone for me.
NIFTY: Wait and Watch: Supply and Demand Zones Nifty closed above its reversal zone @ 8200-8380. Now this zone will act as a major support zone. On the upper side, there is a wide range of minor supply zone @ 8700-9060. As per my trading plan, I will avoid long trade below 9050 and avoid short trade above 8200. In short 8200-9050 will be the no-trade zone for me. Due to high volatility, I will avoid options trading also.
NIFTY: Intraday Demand and Supply ZonesYesterday Nifty closed above its very short term major supply zone @ 8000-8100. On the upper side next demand zone @ 8250-8330. Once it sustains above this zone it may test it’s next very short term major supply zone @ 8520-8660. It’s not easy to sustain above this zone. In any case, if it will manage to sustain then it may test its next supply zone @ 8880-9000.
The nifty small trading range will be 8000-8100 to 8520-8660 and the big trading range will be 8000-8100 to 8880-9000.
NIFTY: Intraday Supply and Demand ZonesAs I have mentioned yesterday post that if Nifty sustains below 8050 it may test 7650. Today it closed @ 7610.
Now two major demand zones on the long term chart are clearly seen at 7000-7250 and 6300-6500.
On the upper side, there are two supply zones @ 7850-8000 and 8250-8350. It will be a good selling opportunity if Nifty will test the upper zone of these zones or breakdown of the 7450 zones.
tgram a t swapniltradingroom
GO long As trendline breakouttechnical analysis with triangular pattern enter as soon as trendline breakout
DJI trading very near to its major demand zonesDJI trading very near to its major demand zones on both weekly and monthly charts. Yesterday DJI closed in its major demand zone @ 18800-19300 on the Monthly chart. Next week if it will sustain below this zone then it may test its minor demand zone @ 18000-18500 and in the worst case, it may test its major demand zone @ 17000-17500. Due to the volatility, these zones levels may extend up to + or - 500 points.
Bank Nifty CLosed below its Major Demand ZoneToday BNF closed below it’s major and wide demand zone @ 23000-22300 and it’s not a good sign. In the 2nd half, BNF failed to sustain above this zone so I took a short position in BNF and carried this trade when I got the confirmation that it is going to close below this zone.
Demand Zones
21400-21750
Supply Zones
22300-23000
Nifty: Closed below it's Minor Demand ZoneToday Nifty tried to sustain above its minor supply zone @ 9350-9450 but it failed to sustain and in the last hour sell-off it was closed below its next demand zone @ 9100. Now, both levels are resistant for Nifty.
I took a short trade when I got the double confirmation when Nifty rejected the 9350-9450 zone 2nd time.
I carried this trade because today’s below 9100 was not a good closing. Tomorrow I should get a follow throw on the downside.
Demand Zones
8750-8850
8500
Supply Zones
9100-9130
9350-9450
Bank Nifty: Supply and Demand Zones22970-22330 is a demand zone. Once It will sustain below its upper zone level then it may test 22330 which is a lower level of this zone. On the upper side, 23440-23570 and 24250-24500 are supply zones.
ZEEL :: SHORT TERM BUYExpected bounce back duration 10 to 20 days. If changes in chart behavior, will update...
Disclaimer: Buy Sell is your choice. No Recommendation...
Cheers!
Vikas Gupta
A Perfect SUPPLY ZONE , aligned with higher timeframe, found this stock on scanning for SUPPLY ZONE,
there is a big move made by the financial institution ,hence forming this SUPPLY ZONE, its aligned with higher time frame, and the zone is testing for the first time so its fresh , giving us a PROBABILITY
i will not go long on this stock , buy will definitely SHORT this stock.
REGARDS
RAIFRAFI
GBPUSD : SHORT TRADE IDEAGBPUSD is looking bearish as buyers are losing hold from 1.29750, Hopefully bearish sentiment continues with this momentum and drive price downwards towards 1.28750 level(TP level).
Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial.
You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.
Goodluck !
