1380-1390 is a strong demand zone. Once it will manage to trade above 1340 then it may test next supply zones as per the chart...
Reliance is looking good above 1380-1400. If it will manage to sustain above this zone then it may test its next supply zones soon. Please find the demand and supply zones for the target and stop loss.
It will be strong if it will manage to sustain above 790 and it may test it upper side supply zone in the coming days. Please find the supply and demand zone as a target and stop loss.
If it will manage to sustain above 1180 then it may test its next supply zones on the upper side.
If it will manage to sustain above 1480 (Major Demand Zone) then it may test it's next supply zones on the upside. Please find the demand and supply zones as a stop-loss and target
There is a High Probability that Torrent Pharma will brake its trendline and Trade above its breakout level. Please find the demand and supply zones for the target and stop loss. Importance of the lines.
If TCS will manage to sustain above 2010 then it may test the 2100 level in a few days. Please find the demand and supply zone for the target and stop loss.
There is a high probability of breakdown of this sideways range. So I will prefer to trade is call writing. Below 9000 zone I may add more quantity in call writing as well as will go short in NF FUT also.
Gold is trading in the narrow range there is a high probability of breakout in gold. In the coming months, it may test the 1850-1900 level.
Nifty is trading in the sideways range of 8950-9000 (Short Turm Major Demand Zone) and 9500-9580 (Short Turm Major Supply Zone). Major move is expected above or below this zone. I will avoid short position in Nifty because in the sideways range it is making Higher High and Lower Low. There is a maximum possibility that Nifty will give breakout and manage...
As I have mentioned in my earlier posts that Nifty is trading in the wide sideways zone and I will prefer to trade in option writing instead of trading in FUT. My view is still the same. So on Thursday I sold 9600 call and booked today on the lower level and made a short position in 9000 put. On the downside 8970-9000 is a strong demand zone for this week...
Nifty closed @ 9250. There is a supply zone @ 9260-9310, resistance @ 9440 and major supply zone @ 9500-9590. There is a strong demand zone @ 8970-9000 and minor support @ 8800 on the downside. Nifty is trading in the wide sideways range of 9000-9500. In the sideways range, I will prefer to trade in OTM option writing. I will prefer to take a position in...
Bank Nifty Trading range is 19000-21800. 19100-19200 is a short term strong demand zone and on the upside supply zone @ 19750-19800 and 20440. If it will manage to sustain below 19000 then we may see further downside.
NIITTECH is looking good as a position trade...Stoploss will be the major demand zone and 1st supply zone as a 1 st target and 2nd major supply zone as a final target. This is just a bounce in NIITTECH.
NIFTY close @ 9250. On the upside, there is a major supply zone near the 10000 levels. And on the downside, there is a major demand zone for this week near the 8800-9000 zone. Below 8800 next demand zone @ near 8500.
JBCHEPHARMA is looking very strong for the long mid-long turm investment.
Please find the demand and supply zone for the target and stop loss....It may open gap up tomorrow...so carrying this long trade for tomorrow
On the upside, there is a supply zone @ 9300-9420 and a major supply zone @ 9490-9580. On the downside short turm major demand zone @ 9870-9000. Still, I prefer to trade in the option selling instead of trade in FUT between 9000-9580 zone. I am seeing a limited upside so today sold 9600 call @ 49 for 14th May exp. (Update this trade-in yesterday nifty post). ...