The stock after a steep fall has entered its demand zone as you can see in the chart.
It's taking support in this zone yet once again.
Keep this zone in watch.
Trade accordingly.
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Breached the zone and one-way movement from there. Good trade to short.
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Forming a base. Exit short-term shorts. Next shorting opportunity at 138 when it comes up there. If it comes in small bars and with time, it would create a good short setup.
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Hope you exited shorts today. No shorting opportunity created as it came very quickly to the demand zone again.
Instead, long opportunity at 138 , on re entry in demand zone.
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Very good upmove shown.
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Upmove continues verifying that the demand area is legit.
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