1. The title of my saturday post was "ARE BEARS GOING TO BE TRAPPED ON 26-5-20" See yourself in two days all bears were trapped that is why I did not provide yesterday any analysis . whatever I shared That was enough for two days move. Now see yousellf. Quotting My words in last post. " In trading plan point no. 1 imade 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. proit should be booked here." In point no.3 I said " I personally feel price should go to red upper zone. " See yourself where is price now.
2. See youself that market opened gap up but did not fulfill the 30 mins condition came back in green ,white dotted zone. two days same process but did not take out lower end of white dotted support. When today morning price broke green line it never came back. Are you able to see the perfection of two days move what ever i said prices accepted my words and result is red box. There is nothing fabricated like youtubers who make fool by distorting facts. I gave you this sketch two days ago and result is exactly same after two days. When yesterday I saw white dotted support is intact thereore, no need for post let price do its work. See price halted in sane red box made two days back. That why give tittle why market accept my analysis. People if follow my instructions carefully can earn lot of money daily. Can see comment box traders writing their experiences. All I share is for educational basis not for trading that is your risk.
Trade plan for next day.
1, Since price is in red box it can come down or consolidate for quite some time ,then if crosses red zone next target is pink box. I made white Arrorw If pink box is not taken out then nifty can move in this range for coming days.
2. I am not so until green with pink box is taken out . I feel We should see 8500 in near future. Rest nifty will decide.
today i had good entry on both nifty and bnf but fail to maximize the profit. happy for the day as i achieved my daily target.