Advance Price Action Trading with Demand Supply & More

[stockchaser]

 

[AlphaT]

 

[gjshenoy]

@AlphaT Can we consider this as ERC?? and POI??

 

[AlphaT]

@AlphaT Can we consider this as ERC?? and POI?? View attachment 39722

Yes and yes to both!

 

[AlphaT]

@AlphaT Can we consider this as ERC?? and POI?? View attachment 39722

This was another example of POI-ERC on Grasim chart that I was discussing with one of my students, should help clear any doubts of other learners...

 

[gjshenoy]

Yes and yes to both!

Thank you very much....

 

[AlphaT]

Thank you very much....

You are welcome! The best way to learn from me is by throwing charts at me with the doubts..

 

[dhruv24]

Dow is in similar diamond formation as axis at the top. If the level is held, at least a thousand point drop would follow.
As it is at an all time high and there's no supply to the left to judge, it is a bit risky, but diamonds often shine. Will post the chart soon.

 

[gjshenoy]

@AlphaT I have little confusion, Please correct me, the way Supply Zones marked here... Regards

 

[gjshenoy]

Reliance Top down SD zones