HDFC BANK - Supply and Demand Zones
Dear Traders,
I have plotted the supply and demand zones for HDFC bank , on Daily time frames, I will Sell once the Supply Zones reaches with a stop above 1265 , (Buying Put), and I will Buy a little once it reaches the Demand zone 1 , (Call option Buying), But it will b bullish once it breach the supply zone on closing basis. It has strong support at Demand zone 2 , once it reach there you carry huge position for jackpot trades.
This is for positional and short term trading opportunities, for getting better reward like multi bagger we will apply MA concept in addition to this.
Regards,
Deepak
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For further clarification please feel free to contact me.
I have plotted the supply and demand zones for HDFC bank , on Daily time frames, I will Sell once the Supply Zones reaches with a stop above 1265 , (Buying Put), and I will Buy a little once it reaches the Demand zone 1 , (Call option Buying), But it will b bullish once it breach the supply zone on closing basis. It has strong support at Demand zone 2 , once it reach there you carry huge position for jackpot trades.
This is for positional and short term trading opportunities, for getting better reward like multi bagger we will apply MA concept in addition to this.
Regards,
Deepak
Support us by Giving LIKES COMMENT SHARE
For further clarification please feel free to contact me.
Dpak
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