COMPARING MY YESTERDAY STATEMENTS WITH REAL PRICE MOVE IN BNF TODAY.
1. In point no 1. of trading plan section I mentioned is quoting for your consideration. " the high of today is sl for coming days for positional shorts. All zones will provide support by converting into micro zones." See In fig yesterday high worked as sl price even not dared to go close near that level. Although zone upper end worked magically. see yourself I circled in pink the whole candle psychology. Many traders are reading first book of steve nision but even in this book you will not get this practical knowledge. See 1 st candle open at exactly on upper end of zone price tried to go out but could not sustained and came back closed under zone. 2nd candle also tried to take price out but again rejected this shows selling pressure at this level. two rejection in this scenario make profitable trade probability high. So when trend was changed yesterday with big candle, was supporting grounds with selling pressure to take short on 3rd candle keeping sl of first candle high is logical trade to take. If any body took that , gained good points later two candles reached to zone 4 lower end . That i circled in green , you can see in my statement i mentioned forming micro zone same happened with the help of moving average in white color with red color lower end of zone. Can you image that sort of perfection I manifest one day prior and give all details to you. Even on air panelist if see this will remain shocked. 2. If anybody trade by following all my conditions definitely earning will start . I would like to thank some of my followers who earned today and wrote their experience on just one request. You know when you people write your gain and no gain that gives me immense happiness. Infact it is the moral duty of every trader who follow my conditions and earn just for this noble cause to spread this skill across India. They should write regularly to inspire others to learn this art. In this mundane world who is interested to make you self reliant by creating profit in stock market. So think over it. 3. There is one follower who is really working selflessly , every day he provides all trading positions in live market just to make you all support little in form of learning and earning. He is spoon feeding you . Because He thinks, , whatever support got from my chats , ready to share all , with you in from of daily trade and advice. That is why I used "benevolent" adjective for him in one of previous posts. You all should visit Bnf comment box regularly. Though spoon feeding is out of my principle yet I support his woks. Similarly many others should come forward for this cause. If you earn from my charts, share your positions details and reason of taking trade. This will help others to learn your psychology of that trade.
Trade Plan for Next session. 1. See the plan is simple use upper end and lower end for shorting and profit booking. trend will only change If upper band of zone 4 will be taken out till then trade in down direction. All zones are there for your trading make easy. If momentum is good then some of zones will not work otherwise in range bound trade all will work. If I find any change in trading hrs I always update my idea. That information you all get on your mail. so keep mail box alive to get instant update from trading view. Rest market will decide. YOGESH VATS
@arvind6261, Market will go long as without wick candle for last 15 min.. full on Buying...rest Sir will guide in today's post.
arvind6261
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@wadhwaamit4, i also think same, but today was weekly expiry volatility expected.also BNF yesterday has some issues on option prices and did not show rally in last 3 candles as nifty shown. nifty making double top while as BNF has to travel more. in BNF if minor abc pattern drawn i think we are at leg b of downtrend wave after reversal which will end at this top or gap up of tomorrow. will wait for Sir ji comment.
arvind6261
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@wadhwaamit4, so involved in market i forgot the trading day, of course why not i stopped trading on options. sorry for prev comment.
ChipsK
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Dear sir,
Apart from accuracy , your analysis has one unique thing . You are not feeding us fish, you are teaching us how to fish. With your guidance I came out of my Axis bank purchase with profit. Thank you.
yvatsji
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@ChipsK, good to hear this what you understood is my motive for all. Trade "n " Grow.
Zaara20
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Hi Sir,
I took trade in options pe and observing zone 4 as per analysis. Will keep sl of upper band and share the profits soon. I initiated PE when doji candle is forming in previous day. Your anlaysis is great support to us.
May god bless you and ur family.
yvatsji
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@Zaara20, hi this time taken good trade keep sl of upper band and stay till you get good PR. But don't be greedy. Thanks for blessing.