Is it compulsory to that stock should fill the gap after a huge gap up? Is it compulsory to take a short trade in any stock which is showing strong momentum on the upside? As per my analysis it's very difficult to get the follow through in short trade if it will trading above 890. Sustain below 890 it my test it's next demand zones on the downside. 912-922 is...
I will avoid positional short trade in Nifty because Nifty is strongly respecting demand zone @ 10480-10600 and not ready to give daily below 10600. According to the data 10500 and 10600 is a very strong support. Next supply zone @ 10925-11070 and this will be my next target in coming days. Thank x :) Trade Well
Hello, Demand Zones : 10480 - 10520 ( VERY STRONG DEMAND ZONE ) / 10630-10730 ( STRONG DEMAND ZONE ) Supply Zone : 10925 - 11065 ( STRONG SUPPLY ZONE ) There are multiple demand zones at down side and strong supply zone and psychological level on the upside. My next week view in the Nifty is natural because on the it's difficult to get the follow through on the...
HDFC is looking strong on the weekly chart and it is trading above it's major supply zone. There are multiple Supply zones on the upside. So I will go with the put writing because I am seeing limited downside.
TCS: Closed at all time High. If it will manage to sustain above 2240-2270 then It may test its next supply zone on the upside. Last week also I have post this stock for the intraday and positional trade. Find the link below. Thank X :)
Trade setup for Bank Nifty:- Very Strong Supply Zones @ 22200-23000 Zone. Demand Zone @ 21700-21750 Zone. Very Strong Demand Zone @ 20700-20950. 1. There are Multiple Supply Zones in the range of 22200 to 23000. Its not easy for the Bank Nifty to sustain above 23000 in next week. In any case if it will manage to sustain above 23000 then It may test it's next...
Why I have mentioned that "Don’t try to predict the stock market" because last week I have updated my Nifty Weekly Post on Saturday and SGX Nifty was down by approx more then 100 points. But my trading setup was saying different story. I posted "Nifty: very less probability to break or sustain below 10000" and finally Nifty closed on the week's high. Nifty this...
HDFC Bank is trading above it's Major Supply Zone @ 1000-1020. If it will manage to sustain above this zone then It may test it's next Supply Zones (Please find the Supply Zones in the Chart). It will be more strong above 1060. In the 1000 to 1060 range I may sell 1000 put for JUL Exp and Once it will sustain above 1060 I may buy a Fut as a positional trade. I...
My Trading Setup for NIFTY for the Next Week:- Demand Zones: Supply Zones:- 10250 - 10310 (Strong Demand Zone) 10490 - 10520 (Strong Supply Zone) 10100 - 10130 (Minor Demand Zone) 10620-10640...
TCS: Major Demand Zone @ 2070-2080 and 2090-2095. ( Need to sustain above this zone for the up move.) Wide Supply Zone @ 2105-2140. (No trade Zone for me. Will wait and watch for the double conformation) Sustain above 2105-2140 supply zone will get the double conformation and may take a long trade in intraday for the target of next supply zone. Also may take a...
Demand Zone:- 20900 - 21350 ( Demand Zone ) 20700 - 20900 (Very Strong Demand Zone ) Supply Zone:- 22000 - 22450 (Strong Supply Zone ) Bank Nifty having multiple Strong Demand Zones on the downside and multiple Strong Supply Zones on the upside. In this situation I will only trade in option buying when I will see the swing in Bank Nifty I will share my BNF...
There is a Demand Zone on Daily Chart @ 10270-10300. Once Nifty will manage to sustain below this demand zone it may test it's next support @ 10240 and 10130. I may go short below 10270 and I may void short position above 10300. Thank X
Bank Nifty Closed in it's Minor Demand Zone @ 21300-21520. If it will manage to sustain above this zone then next Supply Zone @ 21700-21880. In any case if it will sustain below 21300 then Next Major Demand Zone @ 20650-20750. I will take a short position below 21300. Thank x Trade Well :)
20650 to 21850 is a very important range for the Bank Nifty. Daily closing or sustain below 20650 Bank Nifty may test it's 20000 and demand zone @ 19300-19500. Daily closing or sustain above 21850 Bank Nifty may test its next supply zone @ 21450 and 22950-23200. Thank x Trade Well
Supply Zones and Demand Zones Very Strong Demand Zone @ 9900-10000 Demand Zone @ 10100 Supply Zones @ 10300 / 10485-10525 / 10600-10645 1st weakness sign will come once Nifty will manage to sustain below it's MAJOR DEMAND ZONE @ 9900-10000. Nifty will be a buy on dips for me above its major demand zone. In any case If Nifty will sustain above it's...
Nifty new trading zone is 9500-10000. There is a wide sideways zone @ 9725 to 9835. In any case, if it will come to 9500 and will manage to sustain above this demand zone then I will take a short position in 9500 put and If it will come to 10000 but not manage to sustain above this supply zone then I may take a short position in 10000 call. I will update this...
Cummins India is trading very near to its major Supply Zone. Once it will sustain above its major supply zone @ 405 then it may test its next supply zones on the upper side. I will go long if it will sustain above 405. Please find the demand and supply zones for the stop loss and target. Thank x
BNF Major Demand Zone @ 19770-20000 and Major Supply Zone @ 21700-21850. BNF trading range is very wide. In this wide trading range, it is possible to get many opportunities to trade in option buying on both side. Today I have updated my option buying trade in 21000 put @ 350 and made high @ 535. (Shared this trade in yesterday's Bank Nifty Post). I am...