Until Demand/Supply Zones are Broken on either Side, market is expected to be range Bound. Blue & Red Lines are the Mark of End points for the selling or Buying Pressure, hence will wait to see new agreement between buyers/seller to push the price on either side.
MUTHOOTFIN - SELL, as we break the Support for immediate target as shown
BAJAJ Auto - Sell on pullback as the Supply interest is lost
BRITANNIA - SHORT (wait for pullback to Supply Zone) - > to Initiate SELL side.
ASIANPAINTS - SHORT on breakdown from Support Zone.
Sell Only when Prices breakdown 560 levels.
ADANIPORTS - Wait to Intiate Long` once the price falls to demand zone.
PEL - Renter Long position from the Demand Zone to Fill Gap
DAX - Strong Sell - Rejection of the price from the resistance zone.
BAJFINANCE - Bullish reversal candle followed by strong impulse on upside.
Based on Volume Spread analysis, will expect to be bought at the demand zone.
#PNBBANK - If the Price sustains above the Highlighted zone, go for long positional trade.
Contra Idea on Short side for retesting the long term supply Zone
#GBPUSD - Trading in the range, bias is on pullback to lower band, but with Dollar Weakness Breakout on upside cannot be ruled out.
NZDUSD - Breakout from the supply zone, initiating long positions