Century Tex is looking good if it will manage to hold its Demand Zone @ 345-350. In this case it may test it's next Supply Zone @ 390-400 in coming days...
IndusBank is giving daily closing above its Major Supply Zone. It may test 600-610 its next supply zone in coming days. Stoploss will be 645
Strong Demand Zone @ 23150-23250. Minor Resistance @ 23450 Strong Supply Zone @ 23800-2400. I will short the 23000 put for the next exp if it will manage to hold above 23150-23250. Once it will trade above 23450 then I will go long in Fut for the target of next supply zone @ 23800-24000.
If HDFC Bank will manage to hold above 1100 level then It may test its next supply zone @ 1150-1160 in coming days.
MUTHOOTFIN is Looking Good above 1275. If it will manage to sustain above 1270-1275 then it may test it next supply zone @ 1320-1325
Titan looks good if it will manage to sustain above 1110-1125. In this case it will test its next major Supply Zone @ 1170-1180
Torrent Power looks' good if it will manage to sustain above it's Strong demand zone @ 335-340. If it will manage to sustain above this zone then it may test it's next Supply Zone @ 350-357 on the upper side. Thank u :)
On Friday Lupin closed above it's major Supply Zone @ 960-985. If it will manage to sustain above this zone then in coming weeks it may test it's next Supply Zones @ 1085 and 1030-1070 on the upside. This will be my positional trade for the next week. I will update my trade and updates for this trade in this post. Follow this post to get the notification. Thank X :)
As I have mentioned in my pervious Nifty Post, Still Nifty is trading in the wide sideways zone. Sideways zone is most difficult to trade because it gives both side moves. Strong Demand Zone @ 10800-10880. Strong Supply Zone @ 11400 11250 to 11400 is a Sideways to Positive trade zone. 11050 to 11250 is a Negative Trade zone. below 11050 is a Strong Negative...
As I have mentioned in ya pervious BNF weekly trading plan Bank Nifty is still trading in the wide sideways zone of 21000 to 23300. Best way to trade sideways zone is to sell OTM Call and Put option or sell on higher zone and buy at lower Zone. For the next week, 21000 to 22500 will be choppy zone and it may move both side in this range Trend will be positive...
Maruti may give swing on the upside if it will manage to sustain above 6800. In this case it ay test it next supply zones @ 6900 and 7000.
It may show strength in this as well as coming week. 490 is a good support for this stock and it may test 550-580-600 levels.
1st Bullish Sign if Nifty will give daily close or sustain above 11200. In this case Nifty may test its next Major Supply Zone @ 11300. and in any case If it will manage to sustain above 11300 then it my test its next Supply Zones @ 11350-11450. There are multiple Demand Zones between 11050 to 11200. In any case if it will give daily close or sustain below 11200...
Major Demand Zone @ 21000 and 21500. Major Supply Zone @ 23000 to 23300 Choppy move is expected between 21900 to 22500. This zone will be sideways to positive zone foe me. Once it will sustain above 21800 I may take a short position in 21000 put. Fresh upside move is expected if it will manage to sustain above 22500 and in this case I may take a long position...
Hello, Right now Nifty is trading in the no trade zone. There are two important level for the Nifty: 1st: 11200 and 2nd: 11050 Importance of 11200 level : In intraday if Nifty will trade above 11200 but not above to trade or sustain above 11250 then I will consider this as a fake upside move but in intraday if Nifty will sustain above 11250 and give close...
Hello, There is a strong Short Term Demand Zone @ 11060 to 11120 and Strong Short Term Strong Supply Zone @ 11200 to 1125. According to the data and Demand Supply zone I am expecting tomorrow’s expiry between 11100 to 11200. Thank X :)
--- Demand zones on the down side @ 21480-21750 and @ 20700-20950. --- Supply zones on the up side @ 22170-22370 and @ 22900-23000. --- Bank Nifty short term trend is positive. I will think for a positional short trade in Bank Nifty if daily close below 21480 level for the target of 20700-20950 --- I may take a aggressive long position once Bank Nifty...
My pervious Nifty's post title was: " Avoid Short Trade in Nifty" As I have mentioned in that post Nifty made low near 10750, took support from it's demand zone and closed at day's high near its supply zone. My Next Week view: --- According to the demand and supply zones, Nifty closed near it's supply zone @ 10925-10985. So whenever it will sustain above this...