Deepak nitrite did a healthy correction of 36.2% from last swing high and tested the 200 MA , now it has bounced back from the daily demand zone.
200 MA support
Confluence area bounce
Daily demand zone support
RSI coming to bullish Zone.
MACD recovering from bearish zone.
BUY ABOVE - 2365
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
200 MA support
Confluence area bounce
Daily demand zone support
RSI coming to bullish Zone.
MACD recovering from bearish zone.
BUY ABOVE - 2365
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
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