Today COAL India created Spinning top candle, which show the indecision in markets, if price broke above today's high we will be looking for buy at retest or respective demand zone, if price brokes below today's low then we can expect Sells until it fill the Gaps. Look for Lower time frame break of structures before taking any trades
BNF formed equal Highs and above which we have a GAP need to be filled, hence we an expect price to fill the gap first then downfall or price just retrace little bit and continue to go up.
Look for LTF BOS before taking any trades
today bank nifty touched 61.8 fib level and closed we may expect bearish opening and start bullish again after mitigating breaker block.. It may go ranging also considering SMS in both sides..i have given several options here but all are probablities anything can happen.... Look for LTF BOS before taking any trades
Market opened today with Gap down and today's candle broken the previous swing low hence we can expect the retracement buys tomorrow, if that happens then price will fill the GAP and then we can expect sells from GAP area... Always look for LTF BOS, before taking any trades.
So far weekly QM acting a strong support level and today's price action created gap down, hence before price go further down, i'm expecting the gap to fill first, so we may expect small retracement to upside then fall which may break the weekly QM level. always look for the LTF BOS before taking any trade to any side.
Look for short term buys and long term sells for Ali Baba Holdings, we have H1 supply order block from where we can look for sell if we have LTF BOS, if H1 Supply block compromised then look for buying opportunity... H1 Demand zone can act as strong support zone if price broke the zone then look for buys at Daily demand zone
Swing trading idea for Reliance industries, i'm looking for Buys first and Sell from Weekly supply zone, look for the proper break of structure in Lower time frame before even buy or sell from the levels
I'm looking for big time sells from Weekly Supply zone, if we have proper break of structure inside the weekly supply zone then we can take trade on Sell side and target at least to the level of S&R line below
If Price breaks above the Blue line, then we can probably expect the bull run, entry can be taken either at retest or respective OB, since the price is inside the daily OB, we can expect bull run...However if the price breaks below the red line, then it can continue to go down at least H1 Demand Zone