ODD ENHANCERS

AT DEMAND AND SUPPLY ZONES

1. STRENGTH OF THE MOVE
 Gapping away or large candles from the zone indicates
strength.
 More the retracing candles in the move, lesser is the
strength of the move.
2. ORIGIN OF THE STRONG RALLY/DECLINE
3. FRESH DZ/SZ
4. RISK-REWARD RATIO OR PROFIT MARGIN
 1:2 minimum, 1:3 preferable
5. RETRACEMENT/HITTING OF THE ZONE
 More the number of retracement/hits weaker the zone.
 Less the number of retracement/hits stronger the
zone.
6. BIG PICTURE
 Dominant trend in favor of the trade.
7. TIME SPENT AT THE ZONE
 More number of candles at the zone, means more time
spent at the zone indicating lesser supply/demand and
hence a weak zone.
 Lesser number of candles at the zone, means less time
spent on the zone indicating strong supply/demand
and hence a strong zone.
8. ARRIVAL AT THE ZONE
 Faster the approach, harder the bounce.
 Slower the approach, less the bounce.
9. DISTANCE OF THE RALLY/DECLINE FROM THE ZONE
 More the distance of the rally/decline from the zone,
more is the strength of the zone.
  Less the distance of the rally/decline from the zone,
less is the strength of the zone.
10. LEVEL ON LEVEL
 Level on level indicates a stack of order.
 Level on level signifies more strength of the zone.
11. LONG TERM DEMAND/SUPPLY ZONES
 Price visiting the zone after a long period of time
defines the strength of the zone.
 More time, more strength.
 Less time, less strength.
12. COINCIDING OF THE MA AND THE ZONE
 Larger the MA at the zone, stronger the zone.
13. DIVERGENCE AT THE ZONES FROM THE INDICATORS
14. DIVERGENCES IN THE BOLLINGER BANDS
15. A LARGE VOLUME SPIKE ON THE ZONE INDICATES
ACCUMULATION
16. PATTERN FORMATION ON THE ZONE
 Chart patterns.
 Candle sticks patterns.
17. BOUNCE OFF SUPPORT/RESISTANCE
 Lower volumes as you approach the level.
 Smaller candles.
 Opposing pressure showing on the candles.
18. BREAK OF SUPPORT/RESISTANCE
 Higher volumes as you approach the levels and on
break.
 Larger candles.
 Pressure showing on the candle in the direction of the
break.
 Markets/Sector confirming.
19. EXHAUSTION GAP AT THE ZONE
20. BREADTH
21. GAP UP AT SUPPLY ZONE AND GAP DOWN AT
DEMAND ZONE