yvatsji

BNF CONFUSED MANY LEGENDS WITH YESTERDAY MOVE SEE YOURSELF!!

Short
yvatsji Updated   
NSE:BANKNIFTY   Nifty Bank Index
COMPARING YESTERDAY STATEMENTS AND TRADING PLAN WITH REAL MOVE TODAY.

1. In my yesterday statement point no1.(trading plan column) what I said is quoting " see this upside move in last two hrs in market, i feel is pull back that should be end near blue resistance line." . See I can not write with 100/% emphasis on my statements. Because stock market has unique langauge which teaches me never ever in your life predict me(stock market). You are nothing to me( stock market). I am supreme. That is universal truth. But even a veteran preceptor likes only few disciples . Perhaps I am one of them. That is why on record at this platform market rewards me with more than 95% of strike rate. Yesterday saw many big authors predicting long on market but unable to see the structure of market in over all prespective. They have been posting since ages. I started just two months ago. Getting followers love from very first day of posting my first idea. Thanks to trading view for providing this platform as a bridge between professionals and struggling traders.

2. I marked two circle one in green showing the perfections of support that is also in green color from where market turned. And pink circle showing the perfection of blue resistance from where price changed its trend today. All these level have been given many days back. And see how perfectly working both sides. This is what I call manifestation of stock moves before it happens in real. Those who can put lot of hard work spending all hours of life with stock market can adopt this skill.

TRADING PLAN FOR NEXT DAY.

1. As I yesterday shared that it is pull back so with trend move that is down side will start again. May be green support line will provide some pull back to give entry to shorts for those who are not the part of this trend. Basically sell on rise is good strategy for bnf. Targets have been given earlier. So time your trades with the help of support and resistance.

2. The momentum of move will depend on US markets if they remain range bound as have been for last two days then our market will ramain like that. If at night they break two days range then you can also expect to achieve both targets otherwise only first. Rest market will decide.

YOGESH VATS
Comment:
Hi! Followers,
This is is right time to book your profit. If you were short. Even for positional trade also. If die gets down today by 250 that market has now discounted. For time being I am seeing structure change.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.