Demand and Supply Zone For Nifty- 13 Feb

Nifty is showing strong Supply above 5400 supported by foreign market cues. As US and EU markets closed in RED if Nifty follow them then there may be possibility of much awaited correction. But be cautious while in shorts as very strong buying is seen by FII’s in cash.

Demand and Supply Zone For Nifty:-

• As shown in the chart Strong Supply is seen at 5398 to 5415 levels. If Nifty breaks this then upside is possible provided it breaks also Friday’s top.
• For Last week Strong Demand is seen in the area of 5338 to 5322 Zone. If this area is broken then downside is possible.
• Second level of Demand Zone is Near 5275 to 5287 Zone. This Zone may show strong Demand. If above level is broken.

Will update in market hours when needed.

Click Chart To See in Full Size.

Update at 1.45 PM on 5 min Chart

• Demand area is Going Up yesterdays demand zone’s upper limit become today’s demand area. Supply is still intact. Both sides need to be watched.

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Demand Supply Chart Update

Yesterday we have posted our Demand(Support) and Supply (Resistance) Chart for Nifty. Clearly mentioned there that we have bought in that area and see it given again more than 40 + points when updating this article.

Check first article given chart of Demand and Supply

article Which tells----

• About Strong Demand area at 5326 to 5316 area and one can buy with SL of 5293 and we bought at that area.
• Also price is near DHEMA 5340 and near our AMF value 5319.
• Strong Supply Zone (Till it doesn’t get broken) at 5390 to 5400 area.

See today’s updated Chart at 11.10 AM Which shows

• Nifty heading towards our Supply Zone of 5390 to 5400 (Till it not broken as this is strong uptrending market can be broken any time)
• We will book part profit near this area.

Chart Update At 2.15 PM

See how prices behaved from Supply Zone.

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Nifty Demand and Supply Analysis for 8th Feb

Nifty Demand(Support) and Supply(Resistance) analysis:-

• Nifty is having strong demand at 5326 to 5316 Zone, We have bought at this zone with Stoploss of 5293.
• Nifty is having Strong Supply at 5400 level…. but as this is uptrending market shorts should be done only with tight stoploss. If this is broken then more upside is possible.
• Nifty Closed below its DHEMA 5340 … so in strong uptrending market buying can be safe below DHEMA … risk reward ratio is very good in favor of buyers.
• Nifty is also My AMF  value 5319 so can be good buy provided supported by US and EU.

Check Chart below….which shows DEMAND and SUPPLY ZONES

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Nifty Demand and Supply Zone- 1 Feb

Nifty’s Demand and Supply Zones:-

• Nifty made High of 5217 two times and it is showing resistance and supply zone. If broken with volumes then upside is possible.
• 5163 to 5155 may work as Demand Zone for short term. If broken then downside possible for today.

Check the chart 1 below.

Check the chart 2 below Update at 2.50PM

See How Nifty Rallied from Demand Zone and broken resistance also and given 80+ points

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Alarming—Volume Chart of Nifty Future

Nifty chart with volume:-

• Huge volume is seen in one minute Nifty Future chart.
• Volume of  524100 is seen at 10.30AM where price is 4718
• Before that in 5 mins 9 Lakh+ volume is seen at day’s low of 4705 from where is has taken support till posting of this article.
• As Nifty is having strong support at 4675 but this volume is alarming me to expect the unexpected.

Lets see how prices move from here. Will they go Downside or Upside???

Will update when needed.

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Nifty Intraday Volume Trade—With Support

TraderAdda readers know that I track volume in intraday charts.  So here is the one trade based on Volumes and Prices Near support.

See chart below will explain all:-

• Recent low of Nifty is 4675 so it is not breached as today’s low is 4686.85 till posting this article.
• Now at days low in 5 min Nifty Future volume is highest (huge) in recent days.It is 14 lakh. Now this low taken as support and then Nifty given more than 20 points till posting this article.
• Still one can hold with day’s low as SL. As this level if breached may give very good downmove. And if not breached then may give 50+ points.
• But it is not easy to break this as those who bought at this level in huge volume may be Big players.
• This also can be viewed as Demand Supply scenario. As Huge demand is there at these levels.

 

 

Update of Chart at 3.09 PM….

As we said in the above update that more than 50 points move is possible..

See given more than 100 points. 1st highest volume given buy trade and 2nd highest volume given sell trade.

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Demand and Supply–For Excellence in Trading

Demand and Supply:-

Trading is nothing but trapping imbalance in Demand and Supply of the underlying product. Traders use many systems to find out where Demand comes and Where Supply comes. It depends skill, knowledge and experience of a Trader to catch Demand and Supply Zones to initiate the trade.

How to find Demand and Supply?

Now this becomes bit tricky. One can use ‘N’ number of systems to find Demand and Supply. If one become good in finding the Demand and Supply Zones then one can make a lot of money with markets.

Today’s Example:-

See Chart No 1 below:-

• Where I have marked Demand and Supply Zones on yesterday’s chart ( I am still learning may be wrong)
• Yellow lines as Supply Zone and Orange lines as Demand Zone.

 

Now See how today’s movement happened and how we could have utilized these Demand and Supply Zones for Intraday Trades in Nifty Future for today.

See Chart No 2 below:-

• When yesterday’s Supply Zone is broken then it gave very good move and made New High (which afterwards became New Supply Zone)
• Now yesterday’s Supply Zone became Demand Zone for today and you can see when second time prices came there it bounced back to our Supply Zone and gave handsome returns.
• And From Second time Nifty fallen from our New Supply Zone for today.

This is the one of the ways I do my little analysis for Intraday Trading. Hope this may be of little use to you.

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