Demand Zone & Supply Zone stands for the area where we see large activitiy (Buying or Selling). As we know Institutions or Big Players prefers to make their positions at their predecided Price (Level or Price Zone) this activity ultimately results into Demand Zone & Supply Zone
In this Blog I try to summarise Demand & Supply Zone for NIFTY Top 10 stocks, Crude Mini & NIFTY, this level can be used for Intraday & ( for Swing Trade also subject to the fullfilment of some conditions.) Check the Below given Table
Demand & Supply Zone Table
Trade Summary ( Hit # 5 & Miss 0)
1) Axis Bank # This stock made a Low of 1231 from there it was one side rally, Trading opportunity was missed By 6 Points,
2) Bharti Airtel # There was No Trading opportunity,
3)Crude Mini Contract # Crude taken a pause near Demand Zone from there it has given almost 100 poins rally, Refer Chart
4)HDFC Bank # There was No Trading opportunity,
5)ICICI Bank # There was No Trading opportunity,
6)Infosys # Around 1.45 this stock respected Demand Zone from there given reversal rally of 15 Points
7)ITC # Around 10.45 Stock entered Demand Zone after seeing of reversal I made a Long position, Refer Chart and Trade Details
8)L&T #There was No Trading opportunity,
9)NIFTY #There was No Trading opportunity,
10)Reliance # Reliance given Trading opportunity at 12.45 in the Demand Zone
11)SBI # In SBI I missed given resistance level, but I have taken this short Trade and shared
12)TCS #There was No Trading opportunity,
