If you know about bank nifty trend and trend is bearish. So please wait for lower high formation. 1:15 candle formed our LH setup and I shorted here and booked good profit. please watch my video and share.
If you know about bank nifty trend and trend is bearish. So please wait for lower high formation. Usually lower high candle will formed near recent resistance(previous support which now started acting as resistance) and consider those candle only. You can use 100 EMA & 20 EMA to identifty trend. If candles are below 100 EMA or below both 100 & 20 EMA means trend...
Manappuram finance stock price is at weekly demand zone whose achievement was 139 to 218 price movement. if current financial & banknifty fall stopped than it's will very good zone to buy this stock.
Natcopharma analysis for long term. 1. Price came from all time high 2. Price got support from Monthly demand zone. 3. On daily time frame all supply are tested except one 1049-1014 4. Waiting some formation to get entry 5. Target New all time high
Nifty is on sideways trend- Theory to proof. 1.19Oct-2021 price created new higher high. 2.After that price start falling from new higher high. 3.During fall price created weekly supply zone. 4.On monthly time frame we can not say price created monthly supply zone. Reason- we have only single leg-out candle on monthly frame without any follow-up. 5.On...
One time price is reacted from zone and as a result /footprint daily demand zone created. I think we can enter into trade if price start respecting demand zone. If price sustain we trade for 1st safe target 3650 and next target will be 3800 & 4100. Best entry level is near by 2580-3000
PSU bank sector near to breakout. Good time to buy. After breaking out supply zone we can see a good upside price movement on PSU sector bank shares.
Price started with month demand zone which rally base rally demand zone. CANBK analysis on monthly time frame. 1st target 360 after crossing SZ1 2st target 583 after crossing SZ2 3st target 705 after crossing SZ3
-From 1st of Dec 2021 Price start taking support on monthly demand zone and went up. -Price is near weekly supply zone. -changes high bank nifty create new higher high.
Bandhan Bank good for long term investment. As of now price reacted from weekly supply zone (WSZ) and previously price taken support from Monthly demand zone (MDZ). Good to buy near by 262 to 257 for target 580 and all time high. WDZ - Weekly demand zone WSZ- Weekly supply zone MSZ- Monthly supply zone MDZ- Monthly demand zone
Two entry points according to demand zone concept.
Apollohospital trade setup marked on chart. Best buy price is 4120.
HDFC near it's weekly demand zone and according to demand zone good to buy at 2470 or near by price.
IRCTC good to buy above recent marked supply zone. Next zone is too for away it will good to buy above supply zone and ride up to next supply zone.
NTPC good to buy near marked demand zone for target recent previous high.
Media sector already given breakout and sustain. So start focusing on media shares. That's why i have bought Zeel and SUNTV like stocks on good time.
1st buying zone - Buy at @CMP or buy when price retest buying zone. or 2nd buying zone - Buy at 2nd buying after retesting. Below lower black line stock is invalid. Target open if breaks upper black line.
Range bound from last 15 days, chances are high for breakout upside. If price sustain over price range 3692 then good to buy for target previous high or new higher high.