As per the Daily chart we clearly see that Price has violated Demand Zones and we have a Fresh Daily Supply Zone formed, Price is aleady coming from a Monthly Supply in the higher timeframes and hence the Target is a Monthly Demand formed at 0.65512. Once Price violates a Demand in lower timeframes like 1H and 4H we will have another trade with an amazing...
Prce has closed outside the Trendline and has violated Weekly Demands and formed a Fresh Weekly Supply, Price will retrace till the Demand 1 which is the first Fresh Demand and can give a pullback in upward direction and continue the down trend further till the Demand formed at the Bottom. TRADE OF THE WEEK IS BUY BANKNIFTY 40000 PE 5TH JAN EXPIRY Enjoy Money...
Price was in Uptrend since 13 June 2022, Price has closed outside the Trendline also we have Weekly Demands violated and now we hava a Fresh Supply formed, Price should respect this supply and come to its first Support @ 17428.80, then it can either turn and shoot or continue till the Demand in the Bottom @ 16275.50. NIFTY 17400 PE would be the Trade of the...
The Trend is from Weeky Supply to the Monthly Demand. We have a Source Supply in Weekly, Destination Demand in Monthly. Price has now just entered a Daily Supply which is a Trade Zone for Short position.
SOURCE SUPPLY TO DESTINATION DEMAND; TRADE IN SHORT BUY 39500 PE SEPTEMBER EXPIRY ITM TRADE 36000 PE SEPTEMBER EXPIRY OTM TRADE
Price has formed a Demand in Higher Timeframe, Post reacting to the Higher Demand we have Price again forming new Highs and a Freshly formed Demand is a Trade Demand.