Piyush-Gupta
Short

380 points captured in BAJAJFINSV & JUBLFOOD (Trade Analysis)

NSE:BAJAJFINSV   BAJAJ FINSERV LTD
2189 views
97
It was most profitable day for any intraday trader.
BAJAJFINSV was given for short below 4330 at 11:29 well before breakout (it was trading around 4345). Reason for short is highlighted in chart.
T1 was notified as 4301 (psychological support) with T2 as 4285 (highlighted in chart) and below that it was notified as free fall.
Soon enough it breached T1/T2 and then fell like crazy to make low of 4087 (350 points), although as taught, we never take greed and booked satisfying 200+ points.

JUBFLODD was given to long above 1601 at 11:08AM and it took some time and it sailed smoothly to 1638 ( 37 points). Although my T2 was not met but T1 for JUBLFOOD was 1628 which it reached in no time.
Logic for JUBLFOOD was TL breakout and small ascending triangle formation.

Other than this we had 5+% profits in PFC & BANDHANBANK which were given last evening & both were easy trades.

Provided NIFTY support view at 10:44AM and NIFTY reversed exactly from same level. See charts below

NIFTY EOD chart (never crossed levle provided)

All in all we had pretty decent day and everyone earned good profits.
My philosophy of price action is to keep charts very simple and do same repeatative stuff again and again. More you keep your chart clean, better you can read price and take action.
If you wish to learn price action from me, kindly reach out.
Thanks

Comments

I am really impressed by your technique as it is simple yet powerful.
Reply
nice work piyush ji
Reply
sir ..excellent work done , above all the trand line of nifty which take support from there is exceptionally well ...
Reply
Great call Piyush ji!
+1 Reply
Nice work and analysis. I appreciate your effort by creating awareness among the retail players where most of the traders are still using the so-called indicator.
+1 Reply
@sriram96, thank you sir
Reply
sriram96 Piyush-Gupta
@Piyush-Gupta, I would like to know your way of plotting S/R. Do you use a higher time frame(D/W)?
Reply
Please send candle chart analysys of intraday details for buying and selling of scripts information to my whatsapp number 9880447873
Thanks and regards
shivakumar N
+1 Reply
Piyush-Gupta shivakumarn
@shivakumarn, sir i don't understand your request. You want people to send their analysis on your whtsapp number and you don't even want to understand logic, neither you are interested in learning plus you want people to spoon feed you. Lol
By sharing your number you have exposed your self to many call providers who will charge you money yet you won't earn anything.
This is by far weirdest request I have seen
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out