Using the demand and supply zones for entry and exit.
The supply and demand zone will be used as entry and for profit booking accordingly.
Using the marked supply and demand zones to find good RR trades and using them for profit booking as well
MANAPPURAM FINANCE in Daily time frame Demand Zone. Looks like a good buy around cmp in the range of 160 -165 with stoploss of 153. Targets of 174, 179,189
Looking forward to add ITC in the 218 -208 Zone for long-term Investment portfolio
Price in weekly Demand Zone. Entering after hammer candle high break on daily timeframe chart. Good buy at around 2545-55 with stop loss of 2395 Tgt 2695-2745, 2895
ABBOTINDIA looks good buy in the current demand zone of daily time frame. CMP 19651, Stop loss 18990, target 21000, 22000
FSL looks good buy around CMP 176-178 as the price touched the Demand Zone of 167-162 and now showing strength to go up as higher volume in green candle of 16/11/2021 compared to previous red candle volume. Today the price took out previous day high of 177.30 and sustaining above it. A stoploss of 166 and a tgt of 186 and 196 looks likely.
TATACONSUM price getting rejection from Daily time frame Supply Zone. Short trade looks good at CMP 838 with stop loss of 864 target 790 and 770
In Daily tf Demand Zone. Good buy with todays low stoploss of 149.Tgt 162,170
In daily DEMAND ZONE a doji candle formed with high volume. Can be bought around 1460-1490 with a Stoploss of 1450 for Target of 1550, 1600, 1650. Enter after break of pdh of 1483.
Showing good bounce from Demand Zone on Daily chart. Upside of 860 possible with stop loss of 760 closing on 09/11/2021 is 791. Logic - After two break of structures on upside the price entered the demand zone and now showing strength
BANKNIFTY Futures levels to watch on Thursday 18/11/2021 (last trading day of this week as Friday 19/11/2021🌕 is holiday) R 41200 - 41300 R 41000 - 41077 R 40400 - 40300 R 40100 R 39600 R 39300 R 39000 - 38900 R 38600 R 38300 - 38400 38139 Closing price 17/11/2021 Wednesday S 38000 - 37900 S 37442 S 37175 S 37000-36950
Nifty Futures levels to watch on Thursday 18/11/2021 (last trading day of this week as Friday 19/11/2021🌕 is holiday) R 18400 - 18450 R 18300 - 18350 R 18220 - 18263 R 18150 R 18000 - 18050 17909 Closing price 17/11/2021 Wednesday S 17850 - 17800 S 17750 - 17700 S 17659 S 17562
Showing strength now after entering the Demand Zone 2nd time. After retesting the demand zone and creating a minor new low and thereby scaring out the weaker hands looks good to me. Good buy at CMP 2421 with stop loss of 2350, TP1 2540, TP2 2620
NDIAMART @ today's closing price of 7597 looks good buy as it has taking out the weaker hands by breaking the August 2021 low and then did good consolidation in the Demand Zone and has bounced up strongly. Buying around 7600 with Stoploss 6870 looks good trade, First Tgt 8600, 2nd tgt 9300
INDIAMART @ CMP 7597 looks good buy as it has taking out the weaker hands by breaking the August 2021 low and then did good consolidation in the Demand Zone and has bounced up strongly. Stoploss 6870, First Tgt 8600, 2nd tgt 9300.
DEMAND ZONE for AARTIIND is 917-940 on DAILY timeframe. LONG entry around 920-930 with confirmation from lower timeframe and stop loss of 900 can give a good RR trade. It has potential to go 1000 and above it up to 1090.