Wolfe Wave
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON HOMEFIRSTIn this self explanatory series i will be posting charts with pure technical analysis on charts without full length explanations , Traders can ask their in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
BPCL, good 60 min Supply zones zone aove zone, IntradayBPCL is in a good Downtrend and there is no quality Demand on high time frame to hold or give a reversal
1 hour good Supply zones.
Both can be traded or trade only the Top Supply zone which is coinsiding with Daily Supply also is coinsiding 240 min Supply zone
Since planning for Intraday , Target should be 1:2 RR
Happy Trading.
Disclaimer:
Above Stock Analysis is based on Price Action , primarily on Institutional Demand and Supply .
It is for Learning and Understanding Purpose.
Even af
#M_M at good demand zone M_M is consolidating at important zone which is also a good support
a good risk to reward trade can be initiated here with 4-5% risk and 15-20% reward as target 1 and 2
risk taker can initiate the trade here but safe traders wait for a green candle and volume but this will effect your risk to reward ratio
this is not a trade recommendation
Happy Trading.
ITC | Can expect an up moveITC looks good at 214 for a target of 230. After repeatedly taking support near the 200 zone since January, price has broken out on 23rd July. Now it looks ready for move till 230, which is kept at the 78.6% retracement level.
Thank you.
If you like my idea, please check out my other charts as well.






















