Visa Daily/hourly/15 min demand zone 196.75-195.5Visa Daily/hourly/15 min demand zone 196.75-195.5
cmp:197.1 18 Aug 2020 price commng down with red exciting candles directly to demand zone
Pro:
1.coinciding level
2.2 exciting candles in 15 min candles
3.Price cumming directly to zone with clear drop, so bounce will also be clear
con:
1.too much smaller candles in left of the zone in 15 min candles
2. Visa is at a range at high end of the daily location
Confirmation_entry
entry around 48.65 sl 48INTEL is making HIGHER HIGH HIGHER LOW in 60min candles after a massive drop due to loosing market share of 16% to rival AMD.
It is just above reacting from a WEEKLY demand, and now making HIGHER HIGH HIGHER LOW in 60min . so take as entry around 48.65 sl 48
cmp:48.97 12 Aug 2020 , price just created the hrly candle.
ITC Weekly/Daily/ 4 hr supply 220.8-233.6ITC Weekly/Daily/ 4 hr supply 220.8-233.6
cmp:206.35 11 Aug 2020
ITC even though its not constantly uptrend, once it reaches the level we can take Limit entry
PRo:
1.2 legout in daily candle
2. weekly/daily coinciding supply zones
3.ITc is not constantly trending up, its like zic-zac up, so chances are that if it reaches the supply, it may react till next opposite weekly demand
con:
Left to execution in either DAily or 240 min...there were kind og range, so panding orders might filled
HINDALCO Weekly/Daily supply zone 185.4-199.2HINDALCO Weekly/Daily supply zone 185.4-199.2
pro:
1.Daily 3 exciting candles from the zone
2. level over level
cons:
1. 240/120 does not have good structure
2. MEtal is trending now, so be catious even it may react from weekly supply.
So, take confirmation entry
cmp_182.4 . its reacting from the supply zone 11Aug2020