yvatsji
Long

ARE BEARS GOING TO BE TRAPPED ON 26-5-20 SEE YOURSELF !!

NSE:NIFTY   Nifty 50 Index
COMPARING MY LAST STATEMENTS WITH THE REAL MOVE IN NIFTY YESTERDAY.

1. In point no 4. I stated is going to quote for your consideration "therefore, i feel that tomorrow market may not from big bearish candle but this zone will not be taken out. Can form some small range bound candle." You can see below chart a candle in green circle which is not big bearish in nature , rather range bound. This candle is manifested one day before this move and shared with you all. That is what I expect with every trader to achieve in their lives. To motivate you all I every day share my trading plan one day prior and compare next day with actual move. Get up from deep slumber, get yourself ready to put 24/7 hard work ,study hard what I shared with genuine seekers first book, candlestick course by steve nision download it from pen drive .com free e book site. Read it carefully practice every concept on charts with lot of hours spending on screen as practice time. When you all finish it do write to me for next book . I can guide you the path for achieving this art. But can not teach ,as it is not my profession.

2. Now point no.5 of last post where I depicted the formation of candle see quote " nifty can breach this red and white dotted zone but should close below upper end of this zone for bearish sentiments.. See in below fig . I circled in green the candle formed breached the upper zone and closed below the lower end of zone making it perfect range bound candle. See the words I write in blog are so important that if you can not follow them strictly then any position can go in different dimension . How many tv sebi certified panel list can manifest same move in advance.They are not even little sure about direction , visualization is far away from them. Always remember that can not be learned just adopted. Those who are interested to learn psychology of trading can join me at my twitter account @yvatsji.

Trade plan for next session.

1. See in fig. I made green resistance that gives you the indication of going long if price breach it and do not come back in next 30 mins to below this green and white dotted zone.Then chances are more to move to red upper zone. Profit should be booked here.

2. If price do not breach white dotted and green zone then nifty will move down with the target of pink support not achieved in same day may take two sessions.

3. I personally feel price should go to red upper zone. Rest price will decide .

Comments

@yvatsji Great analysis, i feel too that price will go upper to red zone :)
And tomorrow's session may give us some beautiful surprises
+1 Reply
yvatsji vishalpan
@vishalpan, Correct ,that i will disclose after todays session.
Reply
Sir, Price is has taken a day but as you predicted, it is in Red Upper Zone and Bears are trapped. hats off to you sir.
Reply
yvatsji vaibhava135
@vaibhava135, thanks for acknowledge my work.
Reply
sir any particular reason behind using EMA length as 111?
Reply
yvatsji bhalla1990
@bhalla1990, See some one today asked same question i replied in detail.pl see comment box.
Reply
very nice and proper analysis thanks .if possible give ur valuable view on bank nifty also. thanks
Reply
yvatsji bhaskarrao
@bhaskarrao, thanks for acknowledge my work.. You have already followed me. I think you have got pop up of my bnf post too. If not then please see in my profile page yesterday post on bnf. I regularly cover bnf, nifty, dow, sgx.
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bhaskarrao yvatsji
@yvatsji, thank you sir
Reply
Dear vats ji fantastic analysis. Been following u for last 10 days and found it an extraordinary feat to be so correct all the time. I agree with you. U had said that u give advice during mkt on mail.how to proceed further in this matter. Regards d bhalla
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