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
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;