Advance Price Action Trading with Demand Supply & More

[RadhuK]

 

[noobT]

LT is fast approaching the lower of the two stacked demand zones in the weekly chart.

In daily, the downward trend seems to be indicating a compressed price action. Is my understanding correct? Thanks..

Also, in Q2, LT's figures were: Yoy profit up 13.3%, revenue up 15.2%, ebitda up 13.5%, margin up 10bps

 

[AlphaT]

Midcap Index - Let's get a sense of what is happening.

Monthly: Currently facing downward pressure after entering monthly SZ after moving up previously from a good fresh monthly DZ since August.

Weekly: Scope of price to come down till these DZs

 

[AlphaT]

LT is fast approaching the lower of the two stacked demand zones in the weekly chart. View attachment 39093 In daily, the downward trend seems to be indicating a compressed price action. Is my understanding correct? Thanks.. View attachment 39094
Also, in Q2, LT's figures were: Yoy profit up 13.3%, revenue up 15.2%, ebitda up 13.5%, margin up 10bps

Just adding to your post...

For very conservative patient long term investors the best area to accumulate would be these two wk DZs.

For aggressive traders/investors the Daily DZ can be worth looking:

Note: These are not trading/investing recommendations, they are only for learning purpose.

 

[dhruv24]

Banknifty 1hr

 

[sabhlok_r]

Banknifty 1hr

View attachment 39122

Same chart, different perspective

 

[sabhlok_r]

Same chart, different perspective

And in smaller time frame (3M)

 

[satintrade]

ICICIGI (H1 Chart)

Price touched H1 Zone and swiftly moved away

IndusInd Bank (5m Chart)

Price moved into an H4 Demand zone

I waited for confirmation on the 15/5m chart and went long on the retracement

However price started to reverse. I had my stops trailed so exited at r/r 1

Maruti (15m chart)

Price was falling from an H4 supply zone.

I decided to go short after confirmation

Price moved away from the zone, however it started to reverse and stopped me out at r/r 1

Techm (5m chart)

Price moved into an H4 demand zone

I waited for confirmation and went long

However was shortly stopped out after

 

[AlphaT]

 

[AlphaT]

For HINDI Learners: