Monthly_long
QDEL speculative Covid benefiting heath care stock approaching QDEL speculative Covid benefiting heath care stock
approaching down
can be a good opportunity for short term buy
Shreecem Monthly/Weekly/Daily/240 min 19250-17831 Shreecem Monthly/Weekly/Daily/240 min 19250-17831
pro:
1. m/w/d/240 co-inciding levels
2. 2 exciting candle 240 min
3. 2 daily exciting candles
4. 25% inside monthly zone origin
con:
1. level over levels, so execution zone in 240 min is fat
2. not much explosive move in execution 240 min
3. origin of the move is other 75% apart from the monthly location zone,, so still more room to go down inside the monthly damnd zone
Dr reddy M/W/D demand zone 4150-3944Dr reddy M/W/D demand zone 4150-3944
PRo:
1. 2 exciting candle in Execution (daily)
2. Co insiding monthly, weekly and daily
3. Just above Monthly demand zone
4. Good structure of Location (Monthly) demand zone
5.Pharma sector is in uptrend, so if any small corection, it can be an oppurtunity
cmp: 4505 21 Aug 2020 . price is other end of the monthly , so need to wait few weeks to get entry probably
Bajajfinsv W/D demand 5270-4938Bajajfinsv W/D demand 5270-4938
pro:
1. 3 exciting canldes in daily(Execution zone)
2.Clear zone
3. Just above Monthly , co-inciding with Weekly and daily
4. Less chance to get entry as the stock is good and may not correct unless a correction in the global market
ZTO m/d demand 29.7-28.3ZTO m/d demand 29.7-28.3
cmp:36 18 aug 2020 price droppping
pro:
1.m/d coinciding level
2. 3 exciting candles in daily execution time with only 1 base
con:
1.not the origin of the move, so not so confident
