ram_vaidya
Observing nifty50, seems like it has started changing the character and there is a turnaround possibility. Going to move up with a little pull back.
I tried to make BoS and trend line for nifty 50. 2 long demand zones, 2 short term supply zones, 2 short term gaps. Interesting stage to see how next moves will play out.
I tried to make BoS and trend line for nifty 50. 2 long demand zones, 2 short term supply zones, 2 short term gaps. Interesting stage to see how next moves will play out.
MTAR tech seems to be at very good demand zone. It has come to demand zone after a long time. Even weekly and daily demand zones fall on same place. If we see some price action on demand zone on lower timeframe then could be considered for long.
This is my first time learning SMC concepts. I have tried to mark Break of structure and Change of character on weekly chart then changed it to daily chart to see deeper understanding. Please comment and provide your opinion.
I have just marked the Bajaj Auto Monthly Weekly and daily Demand and supply zones.