Weekly_long
TEAM weekly/daily 167.25-159.4 pro: 1. origin of weekly move 2.TEAM weekly/daily 167.25-159.4
pro:
1. origin of weekly move
2.W/D/240 min coninciding zone
3. 3 exciting candle in daily
con:
1.smaller exciting candles in daily 1st one
2. small candles in rhe letf of zone
3. all tech stocks are coming down drasticlayy for past 2 trading session
Confirmation entry only
pro:
1. origin of weekly move
2.W/D/240 min coninciding zone
3. 3 exciting candle in daily
con:
1.smaller exciting candles in daily 1st one
2. small candles in rhe letf of zone
3. all tech stocks are coming down drasticlayy for past 2 trading session
Confirmation entry only
SBIN Weekly/Daily long 196,188-182 pro: 1.at swing low weekly SBIN Weekly/Daily long 196,188-182
pro:
1.at swing low weekly
2. entry to the zone is straight, so quick bounce
con:
1.very smaller daily candle in execution zones
2. 4 hrs candles are extremely small
confirmation entry only in daily candles
W/d demand zone and 20% from origin of move Good time to buy USW/d demand zone and 20% from origin of move
Good time to buy US $ 71.7
NTPC Weekly/Daily/240 demand 88.25-84.5NTPC Weekly/Daily/240 demand 88.25-84.5
pro:
1. Origin of weekly move
2.Weely/daily/240 min co insiding
3. 2 excplodive candle in daily
4. straight drop to the zone, so bounce can be clean and faster
con:
1. 4 base so confirmation entry
2.2 Cluster of zone left , so weaker zone
ANET is good demand zone wekly /Daily 214.3-204ANET is good demand zone wekly /Daily 214.3-204
cmp 213.26 14 Aug 2020 price is within the zone
Pro:
1. coinciding level weekly & daily
2.Origin of the long rally
Con:
1.SPY is at the all time high level, so it may reverse anytime soon. So , be cautious in long call
RSX Weekly long 22.1 pro: 1.W/d/240 coincidRSX Weekly long 22.1
pro:
1.W/d/240 coinciding
2. gap up n execution 240 min
3. origin of move in weekly demand
SPCE monthly/weekly/daily/hourly demand zone 15.55-14 SPCE monthly/weekly/daily/hourly demand zone 15.55-14
cmp: 17.99 17aug2020 Already inside monthly demand zone, above weekly demand zone
Pro:
1. nice setup with 2 exciting leg out with once basing at weekly candles(location)
2. Monthly/weehly/hourly co inciding
con:
1. no daily or hourly exiting level
ITC Weekly/Daily demand zone 159.8-148ITC good dividend stock around 5%
Weekly/Daily demand zone 159.8-148
PRO:
1. 2 exciting candles in execution candles(daily)
2. Weekly/ daily coinciding
3.origin of move
4. value pick
Con:
1. slow moving stock
2. hospitality business of ITC was hit in ITC during covid