Potential Demand formed and hence we have a 1:3 Buy Trade; Option traders can Buy BPCL 380 CE for NOV Expiry with a TGT is Rs 11.39 "Make sure to Buy the Call only when the Price comes in the Demand drawn in the chart" Happy Trading fellas
BUY BANK NIFTY 29 OCT 2020 23600 PE at whatever price with a TGT of Rs. 530.00 Very Low Risk High Reward Trade;
Buy 21600 PE at cmp around Rs. 45 exit at Rs. 90
Buy at cmp around Rs. 14.50 Short trade exit the trade at Previous High Rs. 29
Flat Structure confirmed by Waves A and B now Wave C is forming which is a downward Impulse and here we will short once the Price reaches the Potential Supply area; Wait for the Price to reach the Supply and then go for the Downward Strike Price where the Demand is drawn from there again we will see a RALLY;
This is a Flat Structure where we have Waves A and B completed and now Wave C which is a downward Impulse forming; so for now you can forget buying; it should bouce in our Supply from the Demand drawn as per the dotted lines and then Nice fall I have also mentioned the target in the downward direction;
Verified the Upward Impulse; now Correction is forming which is a Downward Flat structure; Do Not Risk more than 3% of your Principal
Probability Trade take with not more than 3% of the Principal;
Currently we have an Uptrend and Price has reacted to a Monthly Demand; Currently Price is in Sideways but this Demand has the Power to change the Trend;
Take not more than 3% Risk of your Principal Amount!!!