Supportandresistancezones
AVANTI FEEDS - Swing Trade Analysis - 7th June #stocksAVANTI FEEDS (1D TF) - Swing Trade Analysis given on 7th June, 2024
Pattern: RECTANGLE BOX
- Volume Buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Demand Zone Retest & Consolidation - In Progress
Please ensure that the pullback to the demand zone gives a nice small SL for a better RR
* Disclaimer
HERITAGE FOODS - SWING TRADE - 30th December #stocksHERITAGE FOODS (1D TF)
Swing Trade Analysis given on 30th December, 2023
Pattern: CUP & HANDLE BREAKOUT
- Breakout of Resistance - Done ✓
- Volume Spike Buildup at Resistance - Done ✓
- Retracement & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte
HINDPETRO - Swing Trade Analysis - 11th April #stocksHINDPETRO (1W TF) - Swing Trade Analysis given on 11th April, 2024
Pattern: FALLING WEDGE BREAKOUT
- Trendline Resistance Breakout - Done ✓
- Volume buildup at Resistance - In Progress
- Demand Zone Retest & Consolidation - In Progress
#hindpetro #niftyenergy
BHARATRAS(weekly breakout )BHARATRAS
sometime later I am share weekly breakout stock for study purpose .
targets are open with my logics on chart please read my chart . if it's not possible . msg me i explain every thing don't vary.
for MORE check in my TradingView ID
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"Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts / calls, please consult with your advisor.
POLICY BAZAAR - MID TERM ANALYSIS - 2nd June #stocksPOLICY BAZAAR (1M TF) - MID TERM Trade Analysis given on 2nd June, 2024
Pattern: ROUNDING BOTTOM
- Monthly Volume Buildup at Resistance - Done ✓
- Monthly Resistance Breakout - In Progress
- Demand Zone Retest & Consolidation - In Progress
Please Note:
- The stock is about 14% away from the IPO Levels
- Will look at a partial entry and then pyramid into if it moves in my direction
- SL will be paramount since its a risky trade
* Disclaimer
Basic Understanding about Supply and Demand ZonesQ: What is a supply zone in trading?
A: A Supply Zone is a Price level or Area on a chart where Selling pressure is expected to be strong enough to overcome buying pressure, causing prices to fall.
It is typically identified by a concentration of previous price highs where sellers have historically emerged.
Q: What is a Demand zone in Trading?
A: A Demand zone is a Price Level or area on a chart where Buying pressure is expected to be strong enough to overcome selling pressure, causing prices to rise. It is usually identified by a concentration of previous price lows where buyers have historically stepped in.
Q: How can traders identify supply and demand zones on a chart?
A: Traders can identify Supply and Demand zones by looking for Areas where the price has previously made significant moves up or down. For Supply zones, they look for price peaks followed by sharp declines. For Demand zones, they look for price troughs followed by sharp increases. These zones are often marked by areas of consolidation or strong price rejection.
Q: How do Supply and Demand Zones integrate with other Technical Analysis tools?
A: Supply and Demand Zones can be used in conjunction with other Technical Analysis tools such as Trend lines, Moving Averages, and Candlestick Patterns.
For example, a Supply zone that aligns with a Resistance level can provide a stronger signal for potential price reversals. Combining multiple tools can enhance the accuracy of trading decisions.
Q: How can traders Manage Risk when trading Supply and Demand zones?
A: Traders can manage risk by using stop-loss orders just outside the supply or demand zone to limit potential losses. They should also consider the size of the zone and the volatility of the scrips when determining their position size.
Regularly reviewing and adjusting their zones based on market conditions can also help in managing risk effectively.
Keep Practicing & Learning Price Ac tion concepts
LODHA Infra will correct from hereLodha is trading around the resistance
This is linear chart of LODHA in weekly timeframe
Stock is trading in a rising channel
Currently stock is around the resistance of Rising channel which is coming around 1450-1500
Fresh Buy could be very risky around these levels
And if anyone is holding then Trailing Stop Loss would help them to grab maximum profits.
Thank You !!
Best swing trade idea on BATA INDIABATA INDIA has fallen 40% from highs !!
Stock has always given correction around 40 to 45% in past
Right now 40% correction is done and if stock fallen more 5% from hereon then support is coming around 1220-1260 levels.
Stock has broken its medium term support which was working from 2019
But stock is also making falling channel and it is working properly.
So if anyone is interested in a stock for a long term then should not of 5-6% correction from here and should start accumulating from these levels.
Also this is best swing trade idea for 30-40% upside from current levels.
Thank You !!