Axis Bank Long @ Rs. 715 롱

AXIS BANKNSE

설명

⋅ 2019년 11월 16일 오전 8시 9분

NSE:AXISBANK

Axis Bank Long @ Rs. 715

Entry 716
Target 742.3
SL 706.85

Axis Bank is currently trading at 1 hr demand zone which is also supported by daily and weekly demand zone.
So probability is very high for the price to go high. one can purchase for target of Rs 742.3 with in one trading week.

액티브 트레이드

⋅ 2019년 11월 18일 오전 8시 29분

Entry Price Trigged.

거래청산: 타겟 닿음

⋅ 2019년 11월 19일 오전 8시 41분

Target Price Reached in two trading session.

Supply and Demand

코멘트

tradepundit

⋅ 2019년 11월 19일 오후 12시 41분

Good one sir. mine hit Stop loss :)

tradepundit

⋅ 2019년 11월 16일 오전 10시 58분

I see a supply zone at 722 which the price tested on 15th nov can you check that

praveen.gupta

⋅ 2019년 11월 16일 오후 1시 14분

@tradepundit,

Hi
Good to see your comments , It will improve knowledge of both, I am focused on Demand and Supply
concepts and at present graph is showing following DZ and SZ

Supply Zone
15 M SZ at 719.45 to 723.35 , as you written

Demand Zone
1 hr DZ 707.35 to 711.50 , tested and price bounced back
Daily DZ at 694.55 to 708.90
Weekly DZ at 694 to 711.7

I Analyzed complete scene like this , 15 Minute SZ is being opposed by Hourly , Daily DZ , Weekly DZ which has more relatively power
and expected to violate 15 Min SZ. Or In other words Price is moving higher after testing Daily DZ on Nov 13. Overall price is showing impulsive move.

I appreciate your efforts to study and comment.

tradepundit

⋅ 2019년 11월 16일 오후 2시 8분

@Praveen.gupta, thanks for the repl Sir,

I have been following your charts since some time and find them very educational, I cant post pics here so I have published it in my ideas please have a look