yvatsji

IS NIFTY EXHAUSTED AND READY FOR CORRECTION SEE YOURSELF !!

NSE:NIFTY   Nifty 50 Index
Hi Traders,
1. On 1st July 2020, I mentioned in point no.1 of the trading plan is quoting for your consideration." when triangle candle high is taken out by any candle in the next session on a closing basis then taken out the condition will qualify. the stop loss will be low of red color triangle candle on a closing basis." You can see that high is taken out and price rallied to blue zone upper band. That target I mentioned in point no.3 is quoting for your consideration. "Upside red dotted line is a target if takes out in 15 min time frame then the blue line is the target." .You can see this target was mentioned two days back and it achieved on 3rd July 2020. This is how I manifest my trades. Proving in every post. I am setting below the previous post fig to understand manifested move easily with current.

2. All targets, all moves, all conditions are manifested so precisely that if anybody follow strictly with small use of logic, ca earn on a daily basis. Many traders write their good and bad trades in the comment box of all posts. Some of them help giving instant advice and hide many new traders to learn this language of stocks. I am highly grateful to them for being part of this Nobel cause.
Trade plan for the next session.

1. In fig, I change some lines, time to time you all should also set the same in your charts. If the market opens little up near the blue line upside then see price action whether in the next 30 mins is it coming down or not. If the price is coming down then can be the first sign of changing trend to down and later on range-bound.

2. The red dotted line is breached and the price does not recover in 15 mins the position along should be covered. Any small pullback from white Ema used is to short bnf getting entry on a small time frame of 5 min.

3. If price takes out upper blue line in 15 min time frame then aggressive traders can open long with an entry on a small time frame.
The target would be the white upper line. Always remember to see 1 hr time frame also as you know long can only move up when this time frame condition will also get fulfilled.

4. The pink and green zone will as a support zone . Nifty might be range-bound If the upper condition is not satisfied. The rest market will decide.

YOGESH VATS

Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.

Comments

Today it Hit the upper white target! Thanks Sir for continued guidance. I was expecting Nifty to go down after reaching Tgt but it sustained till the end
+1 Reply
yvatsji mrhariA7
@mrhariA7, That is because of a change in the structure.soon you will see more upside.
+1 Reply
rajiv_n yvatsji
@yvatsji, Can we see levels of 11200 , expecting more upside after small correction
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Managing Nifty Futures price with Nifty Spot was difficult. Futures were trading lower than Spot from 22 to 45 points. so selecting buy - sell was difficult. Nifty opens gap up then stay bit sideways, then sudden up move. Those who had over night long position were in good comfortable position. But keeping over night position feels risky in current days. Just my thought patterns. Yogesh Congratulations for levels and Thanks for training with trading!
+1 Reply
Thanks Yogesh ji , Will be orphaned without your NIFTY & BN levels . But yes , respect your Personal privacy . Thanks always for the support
+1 Reply
yvatsji pannkajrchopra
@pannkajrchopra, Do not worry you will get regular post.But some days it might possible that I won't be able to provide regular post. That inconvenience should be regretted.
+1 Reply
@yvatsji, Thanks for the Support. Best wishes...
+1 Reply
@yvatsji Sir, cab you share next Support/Resistance/Target for Nifty here in same post.
Reply
yvatsji wadhwaamit4
@wadhwaamit4, Right now busy in my trading in evening post I will share.
Reply
today nifty crossed & sustained for 1hr above white line(10786) what does that indicate? though it came down & closed at 10767. does that mean it will first touch 200dma(10900) & then go down? today i sold 10650pe at 56 & 10800ce at 68. my safety net is between 10530 to 10920.
Reply
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