Planned Positional Long Trade in DALBHARAT

https://www.tradingview.com/x/8oAN9S8p/

In the picture above we have drawn Trendlines to understand the direction of the Price. We see that Price has come down violating the Demand areas and respecting the Supply areas forming Lower Lows, hence was in a clear downtrend

Now most of the times before changing the trend price goes sideways

https://www.tradingview.com/x/2qo6P5at/

Here we see Price clearly going sideways. So we know there will be a change in Trend from Down to Sideways to UP Let's see how

https://www.tradingview.com/x/LA7Qi0xR/

An Uptrend has a Source from where the Trend starts and there is a point which we have called as a Destination of the Trend where it is trying to reach. So we have the Start point and End point of this upcoming Buy Trend.

Let's Understand the Demand and Supply Curve wrt to Price here

https://www.tradingview.com/x/6lBSGtD5/

This tells us where is low, middle and high, course as traders we gotta buy low and sell high and avoid the middle area. This clearly tells us where is low and where is high.


https://www.tradingview.com/x/uTUDVr6V/


After reacting to the Weekly Source Demand, in the Daily chart we see that Price has formed a Daily Demand which has violated its previous High which confirms Buying Momentum.
Now we have two possibilities for outcome of this Trade either it will take the SL or it will take the Target.
As a Trader we have to ensure our Reward to Risk ratio is favourable enough making the Risk practically worth taking.

https://www.tradingview.com/x/ctUFxRsS/

Trade Type : Position Swing Trade
Entry : 1861.35
SL : 1794.25
Target : 2220.35

Reward : 359
Risk : 67.10
Ratio : 5.35/1

DALBHARATdalbharatlongdalbharatweeklydalmiabharatMIDCAPmidcapstocksnsemidcapnsestocknsestocksSupply and DemandTrend Analysis

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