identifying supply zone. demand zone support levels & resistance levels.
only for educational purpose. take position only after your own analysis. intraday call with strict stop loss.
identifying support and resistance. FII are in sell mode. have to see demand zone will be respected or not.
possible chance of events happening . they are high chance the analysis can go wrong. sign of consolidation is a inside bar. sign of uptrend is taking support above 21ema. sign of down trend is taking resistance below 21ema.
levels marked for intraday worked really good. taken support at demand zone and halt at resistance
just marking support resistnce and demand & supply zones
Yesterday analysis worked fine, no one can exactly tell point to point moves. we should be prepared for possible events likely chance to take place and plan our trades, no trading in a day is also part of trading. we must have clear plan of entry, exit, if trade goes against strict stop loss not exceeding 2% of Equity we enter. trading in options require entirely...
Possible event of nifty 50 for monday only for Educational purposes.
power grid expected to be bullish in coming trading sessions, chance to short in bajaj finance if we get oppurtunity
NSE:NIFTY General Day End Analysis, about Nifty & Bank Nifty there Major Contributors & Dragging Stocks.