SUZLON TREND NOW

22 Kas 2023

TREND - POSITIVE (DAY TL)

PRESENT ZONE-Between 1 HOUR DEMAND ZONE & 1 HOUR SUPPLY ZONE.
Reversed from Multi year SUPPLY ZONE now.

FORECAST -As per ZONE if goes below 1 HOUR DEMAND ZONE will target WEEKLY DEMAND ZONE.
if goes above 1 HOUR SUPPLY ZONE,which consist of Multi year SUPPLY ZONE will target again 44.


MY TAKE
first TL and 1 hour demand zone must be respected.Then 1st above 1 HOUR SUPPLY ZONE must be crossed.
once Multi year SUPPLY ZONE is crossed then will target 44.

(Note-only make entry at DEMAND ZONE's & Exit at SUPPLY ZONE's for BETTER RISK REWARD)



IF FOUND USEFUL KINDLY CLICK BOOST ICON

SUPPLY & DEMAND ZONES
Only check SUPPLY & DEMAND Zones.Tension Free
NO indicators required.
Clear Entry & Exit points

23 Kas 2023

Not

since first TL and 1 hour demand zone respected reversed up to 1 HOUR SUPPLY ZONE.

only if crosses above 1 HOUR SUPPLY ZONE then will target 41/42

24 Kas 2023

Not

as told 41 done.and also crossed 13 year SUPPLY zone at 39.5.
if goes below this again downwards only
if goes above 1 hour supply zone 42 then 44 possible.


(for more ideas comment )

28 Kas 2023

Not

New 1 hour zones formed at 40.35,39.95.

but 39.5 multi year demand zone not yet broken.

If breaks below prev low 39.25 & TL will go down till 1 hour demand zone.

down ward bias only unless overall market goes up.

29 Kas 2023

Not

As told since overall market was bullish suzlon again back above 39.5 multi year demand zone.

But above 2 nos of 1 hour supply zones are there.40.3 and 41.35.
Grinding will happen if GAP UP NOT HAPPENS

13 Ara 2023

Not

unable to break above the 39.5 multi year supply zone.

only if its goes above 39.5 will turn bullish other wise may target 34.05 weekly demand zone