BSE
Demand and Supply areas for nifty
Sharing Demand and Supply areas for nifty. These areas will work as support or resistances. Keep them marked on your chart.
Using My own indicator of volatility for trend guidance. Check the script it available in indicators. Will share the time analysis and few important updates in coming months.
Follow the price pattern, we are making swing lows now.
Mark the levels on your char and use these levels for entry and exit points. One needs to understand Demand and Supply trading for the same.
ESCORT : Wait For Pullback Before BUY 450We can see Pullback at 450 and Wait For Reversal Confirmation Upside
BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
HINDUSTAN UNILEVER - RESTING ON SUPPORTHUL
CMP 1684
Stop 1600
Long suggested at around 1690 plus.
Logic:
Stock resting on long term upward trend line.
Stock resting on 40 wks ema (200 day ema) with tight price action.
Appearing to be a good setup with a favourable risk reward with a possible target of 1875 plus.