SUNPHARMA--Bullish from Demand zone??
Updated
---->>clearly trending downwards from 1020 level.
------>> Now price is near to key level of support ,previous resistance acts as a support and price moved to upwards again.
now broken the support means wants to test the demand zone created @900-910 levels.
-------->> we have clear demand zone placed at 900-910 level, if price breaks support it will test the demand zone.
if breaks the demand zone will move towards 860 which is a clear support ,look here for buy when change its direction from bearish to bullish.
Keep track this levels. Use alerts @ every place, we cannot track each and every stock daily, if you use alert system provided by trading view, which will alert you when the stock is near its demand or supply zone. Use alert few points above demand or supply, you will aware when its coming towards your levels.
------>> Now price is near to key level of support ,previous resistance acts as a support and price moved to upwards again.
now broken the support means wants to test the demand zone created @900-910 levels.
-------->> we have clear demand zone placed at 900-910 level, if price breaks support it will test the demand zone.
if breaks the demand zone will move towards 860 which is a clear support ,look here for buy when change its direction from bearish to bullish.
Keep track this levels. Use alerts @ every place, we cannot track each and every stock daily, if you use alert system provided by trading view, which will alert you when the stock is near its demand or supply zone. Use alert few points above demand or supply, you will aware when its coming towards your levels.
Note
look at this zone, given retracement
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Please Like, Follow and Comment
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