yvatsji

DOW DOWN WILL BNF GOING TO FALL SEE ANALYSIS !!

NSE:BANKNIFTY   Nifty Bank Index
COMPARING MY YESTERDAY STATEMENTS WITH TODAY'S REAL MOVE IN BNF
1. In point no.1 of trading plan what i mentioned quoting for your consideration."last half hour buying may be deceptive.' Can you see now whole day was trending bear day. That is why I called it deceptive. In same point no1. I mentioned one more thing" red (arrow) is below pink if price do not break this condition of pink in gap up mode then you can see fall." Every day I shift green and red arrow to give clear view of trend . can you imagine yesterday I set red arrow just below the pink color dotted line and how confidently wrote If gap up opening is not seen then from red arrow you will see fall. On air panelist give direction sl, target in numbers but I provide only colored lines with conditions . There is no false breakout when my conditions are fulfilled. I gave you target of pink and red zone to book profit three days back. See price is near that zone. I slightly shifted pink line up ward for tomorrow move. yesterday day bnf took money from traders by trapping both sides for last two days. But today gave all back with bonus if you traded after first hr candle which i circled in pink with sl of slightly above pink dotted line. I traded same and ate all move. Yesterday did not trade watching drama today completed yesterday Profit too. This is how market works.
2. Traders please write your trade whether good or bad . Good trades will inspire co-fellow to work hard and bad trades with complete details will also help them by my replies how to take that trade. Yesterday two followers wrote about bad trades with detail how they took , I gave replies that will enhance your education towards market. When you write about bad that trades only then will be able to show the right path of this language. So write both trades in this way you all learn new things . Today circled candle show buying pressure and closed just below pink color that gave me information that buying is from weak bulls otherwise nest candle should be taken out from pink line but that did not happen .So with confidence I took that trade.every day I share practical things of chart with you always keep in your mind and practice on charts otherwise you will forget all.
Trading Plan for next day.
1. See i made big green circle that is down trend If bnf clear this first condition which I am going to write then you can see price going to lower blue line. The pink and red zone is to be taken out then second condition blue line on down side in fig should also be taken out. Where I put red arrow. Then I will be bearish for bnf. After that treat all up move as pullback of down trend and use for selling.
2. On the contrary If price break green dotted trendline and full fill the taken out condition for this trend line with pink dotted line then I will be bullish. All short should be covered on satisfying this condition. Same for long when pink red zone is taken out then cover your long.pink red zone to blue line is no direction zone.so trade accordingly. for new followers attaching post of taken out and breach condition .Learn it otherwise you can not trade without understanding these.

Note.Trollers I can be wrong any day any time I accept it I have no ego in it So your ego is now satisfied. Rest bnf will decide.


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