Stocks Trading Using Supply Demand Analysis

Indigo

 

Positional  Traders can use the below mentioned levels

Close below 1521 Target 1483/1444

Intraday Traders can use the below mentioned levels

Buy above 1548 Tgt 1560,1572.5 and 1592 SL 1540

Sell below 1530 Tgt 1521,1510.5 and 1494 SL 1540

 

SBIN

Positional  Traders can use the below mentioned levels

Close above 301 Target 312/320

Intraday Traders can use the below mentioned levels

Buy above 301 Tgt 303,305.5 and 309 SL 299

Sell below 297 Tgt 294,291.5 and 288 SL 299

 

Reliance

Positional  Traders can use the below mentioned levels

Close above 1265 Target 1296/1321

Intraday Traders can use the below mentioned levels

Buy above 1265 Tgt 1275,1284.5 and 1296 SL 1258

Sell below 1255 Tgt 1243,1230.5 and 1220 SL 1266

  • All prices relate to the NSE Spot/Cash Market
  • Calls are based on the previous trading day’s price activity.
  • Intraday call is valid for the next trading session only unless otherwise mentioned.
  • Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.
  • Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.