Advance Price Action Trading with Demand Supply & More

[AlphaT]

Sure short it.. Baja finance is at 9000 level rite.. How come for u it's 4000

I think you are referring to Bajaj Finsrv instead of Bajaj Finance.

 

[AlphaT]

Following marking correct ?

Not yet! For Demand zones the lower end of the zone will be the lowest low of all the basing candles. I have pointed out the mistake below:

 

[AlphaT]

Hey @AlphaT . What do you think about this? Banknifty 15min-
View attachment 38987

Conceptually, everything looks fine, context is also good (MPL FLIP on Daily), only thing is that the new FTR/ERC 's continuation is lacking strength! Aggressive long is ok, conservative long would need some more PA.

 

[dhruv24]

Conceptually, everything looks fine, context is also good (MPL FLIP on Daily), only thing is that the new FTR/ERC 's continuation is lacking strength! Aggressive long is ok, conservative long would need some more PA.

Thanks! Further show of strength and a good DZ could give a good buy setup.

 

[preethi21]

RBL BANK... SELL ZONE

 

[against_tides]

Again tappe Tak on screen..and then 5paisa..

 

[Snake.Head]

this is not the best of scrips for a 15M time frame. overall PA is not a very inspiring standalone basis. below is my chart along with zone marking. actually there is only one zone, DZ which is valid for me. opposing SZ maybe use to book long profits.there are many other zones but not of good quality for me. fall from 28 nov is very compressed if you get a long trade at the DZ it may work well provided it is as per trade plan.
if you want to practice drawing zones start with EOD/WK/60M and with liquid scrips. they are very clear cut.
https://charts.fyers.in/4448eac80c7502fded7b8cb24ed3fe7c/a75599feb39ef4c3c4b72a18236d809d.png

Thanks @primitivetrader
Can suggest few more liquid scrips ?

 

[Snake.Head]

Not yet! For Demand zones the lower end of the zone will be the lowest low of all the basing candles. I have pointed out the mistake below:

View attachment 38989

Thanks @AlphaT
If their two demand zone close by or overlap each other
How to read price action around that area ?

 

[preethi21]

Prestige estates.... Broken all resistance today...
UPDATED PRICE ABOVE 350+ ... PLS SOMEONE DRAW trend lines
U

 

[primitivetrader]

Thanks @primitivetrader
Can suggest few more liquid scrips ?

try Sensex 30 or nifty 50 for larger list you can try sharekhan big trade list it almost has 150 stocks