Advance Price Action Trading with Demand Supply & More

[AlphaT]

Tata steel:

M: Currently in a downtrend but bouncing off from a DZ and could be heading towards the fresh SZ.

W: It's heading towards the SZ having formed two levels below.

D: It could head up from the nearest DZ which has CPAZ arrival.

 

[preethi21]

just check two stocks
1.sirca paints 2.cholamandalam

 

[AlphaT]

just check two stocks
1.sirca paints 2.cholamandalam

Sirca Paints: This stock has liquidity issues! Look at the daily chart.

Cholamandalam is worth analyzing. Let me do it in the next post.

 

[AlphaT]

Cholafin:

Monthly is clearly up but has now reached closed to the previous Lifetime high while reacting from the prev DZ.

Weekly is also up. Notice that there is no fresh SZ on the way up or no fresh DZ below. Very peculiar PA that this stock is exhibiting!

Daily is also up with a series of DZs formed and used! The last strong DZ is only fresh. Notice how price had respected/bounced off each of the previous DZ in the chain. Someone who was following this stock and noticed this behaviour must have milked this a lot! It's absolutely a no brainer so am not mentioning what is expected next! Good to have pointed this out @preethi21 !

 

[preethi21]

I have sirca paint @ 240 rs

 

[AlphaT]

I have sirca paint @ 240 rs

Not saying it's good or bad, just that it has liquidity issues so difficult to analyze its chart!

 

[RadhuK]

Tata steel:

M: Currently in a downtrend but bouncing off from a DZ and could be heading towards the fresh SZ.

View attachment 38691

W: It's heading towards the SZ having formed two levels below.

View attachment 38692

D: It could head up from the nearest DZ which has CPAZ arrival.

View attachment 38693

tatatsteel weekly also showing weekly wolf wave. with good upside target. Worth getting into.

 

[AlphaT]

Sunday Chit chat and some analysis

 

[PAtrader3]

Thank you for sharing.

 

[AlphaT]

Sunday Chit chat and some analysis

Sorry guys, this was just a casual online meet with some old friends on a free screen sharing platform with limited people allowed. I am not teaching any courses, whatever I share now are mainly on this forum/thread and on my youtube channel for enthusiastic traders who are interested in PA.