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Bankniftyexpiry

BNF PASSED CRITICAL LEVEL TEST IN PAST TWO DAYS WHAT NEXT ?Hi Traders, 1. On 15th July, post in point no.1 of the trading plan, I clearly mentioned is quoting as proof of my statement and compare it with the current chart " Today low is important If it is breached and 15 min candle gives closing below this low then chances of upside move will finish. And on taking out the red upper band of the lower zone, the price will travel to the lower band of the zone." See in 15 min chart the next day 15 min candle breached the red line and gave closing below the line. But the next 15 min candle gave closing above redline. And price never came back to that low. This means that taken out condition of this level is broken neither in 1-hour time frame nor in 15 min. All followers know when the condition is not satisfied means no change in trend. That how perfectly mentioned in the above-highlighted condition. Can you imagine this manifestation was done before the move and title of 15th July "BNF STANDING AT CRITICAL LEVEL SEE HOW TO TRADE !!" proves my understanding with price movement is so precise which forced me to give this title of the post. Why I selected that red line for change in sentiments is a question of thinking. Because after move anybody can co-relate but before move how many cans? 2. Now come to the third point of the trading plan of the last post is quoting for you." opening at what price and sustaining in the next 15 min will decide the direction of Bnf. That is why I gave the title of critical stage price is standing on." Here I used word sustaining in the next 15min you saw only the first 15 min candle was full bearish but could not sustain that sentiment and price moved up. That is the perfection of words no need to mention who can see the move can only write with this sort of accuracy. 3. Before going to trading plan section for the next trading session, I Like to Inform in last three months the number profit-earning traders are increasing day by day and many of them share their trades in comment pox of nifty and BNF post struggling traders and newbies should read in this way, they will be motivated and many educational questions are asked where replies will also increase your knowledge to understand the market in a practical way. To better compare of above-mentioned statements, I set a previous post chart for you so that you can compare each discussed aspects. Trade Plan Of The Next Session. 1. With the change of structure, some previous lines are erased and new are drawn so do not get confused. One has to change with sentiments of price. A yellow dotted line is seen on the chart this implies that If price breach this line and take it out on 15 min chart then uptrend will reverse to downtrend. I prefer on breaching all longs should be cleared. the satisfying condition will confirm it. 2. Blue dotted line is breached in a 1-hour time frame but not taken out yet small candle confuses it by satisfying the condition but I do not count it as the trading period is only 15 min. This satisfied the condition of 15 min not 1 hour. As you all know we need both conditions to be satisfying the up move. If this is satisfied then you will see price moving to pink line where it is expected to get resistance. 3. If the pink color line is taken out in 15 min not necessarily in 1 hour then breached candle sl long can be created with the target of the blue line. 4. For new readers taken out condition is as follows:- Taken out condition works in the two-time frame combination for daily( 4 hr + 1 day) analysis. Similarly, work for lower time frames is also a two-time frame combination. For intraday trades 1 hr with 15 min. For taken out condition price has to complete in both time frames. Aggressive traders can take that side position in a lower time frame with the stop loss of breached candle low. In both the time frames given line is breached by a candle that candle high is to be breached by next candle and close should be above the previously breached candle. This is how taken out condition is being implemented. 5. Above mentioned condition is valid for trending move but for range-bound move please see 8th July post that link is attached in downside box. Until and unless you understand these two cases can not understand my analysis. 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.
NSE:BANKNIFTY
by yvatsji
34
BANKNIFTY TRADE PLAN (FUTURE + OPTIONS): 06 JUL 20 ONWARDSTrade Plan: Buy – 22049 Target 1 – 22480 Target 2 – 22998 Strict stop below 21736 OPTION STRATEGY Option 1 Sell 21800 PE+22900 CE - 477 Buy 21500 PE+ 23200 CE - 314 Net credit 163 Max Profit 3260 Max Loss 2740 Break Even 21637-23063 Margin Required 34K approx. POP 51% Option 2 Sell 21800 PE 387 Buy 21400 PE 226 Net credit 161 Max Profit 3212 Max Loss 4788 Break Even 21639 Margin Required 23k POP 60% Be Proactive Trader Better Insight, Better Trade Execution Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Dhiraj Singh Bais Warrior @ Battle field
NSE:BANKNIFTY
by DhirajSinghBais
3
IS BNF COMPLETED ITS CORRECTION AND READY TO MOVE UP SEE HOW ?Hi Traders, Comparison of my 25th June Statements with the real move. 1. On 25th June, I mentioned in point no. 2 ( trading plan) is quoting for your consideration " If price breaks this and pink support on 15 min time frame then you have to apply taken out condition only to short with the target of green zone lower band." You can see this condition is partially fulfilled only in 15 min time frame. Not in 1 hour. So there was no question of shorting BNF. Those who do not know the taken-out condition, for them it is as follows:- Taken out condition works in the two-time frame combination for daily( 4 hr + 1 day) analysis. Similarly, work for lower time frames is also a two-time frame combination. For intraday trades 1 hr with 15 min. For taken out condition price has to complete in both time frames. Aggressive traders can take that side position in a lower time frame with the stop loss of breached candle low. In both the time frames given line is breached by a candle that candle high is to be breached by next candle and close should be above the previously breached candle. This is how taken out condition is being implemented. . Posting the previous chart for your consideration so that you can compare it with the current move and understand quickly. 2. On 26th June, I updated this idea hope you all have got notification of that of course those who are my followers only they can get it. Where I mentioned the same analysis will work on Monday also. New followers kindly configure settings of the right side bulb by selecting all options of whom you want to follow. otherwise, all ideas will flash. 3. Those who are genuine seekers should read the analysis of the stocks which, I post every weekend. This will help you to learn new concepts of this unique language. Some of the followers who trade only in stocks they should take advice from weekend posts for their trades. Trading Plan For Next Day 1. As you have seen the taken-out condition is not fully activated for a downside trade. So I would like to see the upper zone condition to get activated for long trees. And zone is to watch is the pink dotted line with a solid green line. I showed a green arrow on the zone which has to be watched. 2. If this zone is taken out in 15 min time frame then aggressive traders can take long with the stop loss of buying set up in a lower time frame of 5 Min. For non-aggressive trades, both conditions should be fulfilled. But In trading, nothing is shot sure even 1-hour condition gets fulfilled, you need to find set up on 5 min time frame to take longs with setup stop loss. 3. I circled two candles, see taken support on the same green lower end of the zone. This is the power of zones selected from many with the matching of price structures. A 111 candles Ema provides support. If this ema is taken out on 15 min time frame then take shorts with slop loss of the lower time frame set up of 5 min with the target of the lower band of a green zone to the red support line. Red arrow showing downtrend after taken out ema. 4. Always reminder trading is a game of switching your sentiments with the right time with a correct decision of entry and exit. It is easy to write in one line but takes a lot of years to master this technique. Please share your trades whether bad or good with reasons of entry and exit for all orders. So that they can learn from your experience. This is your responsibility toward your country to motivate maximum traders to learn this art. The rest price will decide which side to go. YOGESH VATS Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.
NSE:BANKNIFTY
by yvatsji
46
SEE POWER OF EDUCATION IN BNF DESPITE WEEK DOW YESTERDAY !!COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE IN BNF TODAY. 1. In trading plan column I mentioned in point no. 2 is quoting for your consideration " if pink dotted line and solid zone is taken out in 30 min time frame then down trend will confirm". You can see market opened gap down and if you see chart of 30 min then things will be more clear first 30 min candle is not taken out to fulfill above mentioned condition. And price never tried to test the first candle low in whole day. Everyday I write 15 min condition and yesterday I wrote 30 min that is the beauty of education which take you to path of correct decision. Since the condition was valid whole day therefore, you saw range bound up move. Any one who could have bought with the sl of first 30 min candle would have made good amount in this range bound market. Traders ask me what next sir my clear reply is everything mentioned in chart If you have that basic knowledge You would have taken this trade today. 2, In same point I clearly mentioned that " today was simple tend day but tomorrow can be volatile range bound day'". You can see where dow was down at night 700+ points but I posted around 5 pm in evening and confidently wrote of volatile range bound trade. Same happen one hour chart confirm it. If you have that imformation, think trading will be so easy. As my was today , Since I knew it is going to be range bound I took two positions and booked as soon as possible because price can eat my earnings any time as range bound market. Many of you have seen plenty of analyst in your trading life where did you find that depth and consistent strike rate without fail. All free no charges for this service. Because market is ocean for me with lot of money. I have that skill to earn from market rather than to sell my knowledge. Why would I earn in name of education. Only those will earn who can not perform consistently. I manifest the move one day advance with marking important points and conditions, Next day market react on these points. See today case I circled in white first hour candle took exact support on lower end of green zone. How perfectly out of plenty of supports and resistances on chart I draw only one every day which woks accurately. This is the power of education that is why I gave today title same. 3. New followers , I suggest you all to get ready for hard work by reading and practicing first level of three books by steve nision , candle stick course , advance candle stick and Japnese candlestick. Down load from pen drive.com free ebook site. These there books reading on regular basis will take at least 6 to 8 months with lot of practice to recognize all pattern mentioned in books. If you read like story book and finish soon then with my experience , You would not be able to build your base of this unique language. So take your time . Remember Rome was not build in one day. Trading Plan For Next Day. 1. Yesterday In point no. 1 trading plan I mentioned one condition That will remain valid for next day also. See Upper green small line if it is taken out in 30 min time frame then this down trend can change to uptrend. But that area is no direction zone so I will not like to trade until I get clarity. Aggressive traders can trade this area with the sl of that candle which breach green line but price should fulfill mentioned condition with the target of upper blue zone. 2. I made a red channel If price break this and pink support on 15 min time frame then you have to apply taken out condition only to short with the target of green zone lower band. 3. If green zone is taken out in 30 min time frame then price can move down that target I will provide tomorrow while in trading hrs by update my idea. Those new kindly configure settings of right side bulb by selecting all options of whom you want to follow. otherwise all ideas will flash. Rest market will decide. YOGESH VATS Disclaimer :- All trading positions should only be taken with consulting your financial planner. This study is for educational purpose. I can be wrong any day any time.
NSE:BANKNIFTY
by yvatsji
42
WHY MARKET DAILY DO NOT GO BEYOND MY ANALYSIS SEE YOURSELF!COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE IN BNF TODAY. 1. In trading plan first point is quoting for your consideration " i made a pink color channel to show first sign of weakness price has to take this channel out then second sign a yellow color dotted line which price has to take out in 15 min time frame. if these two conditions are satisfied then price can go to green and pink lower zone." . You can see every word of statement is manifested exactly same by price. One of my followers wrote in comment box. "i took 2 lot 21500 put @137 and sold it at 237 when bnf reached 21530... made 4k profit. Sir when conditions are cleared...trade is stress free under your guidance." . You can see how a learner in initial stage of learning this art writes 15 min condition fulfilled and trade became stress free. This is my mission that I could make trading easy for every person in this country. They just have to put their hard work to learn under my guidance. People demand hefty fees for education but I want your hard work for yourself only. That is what I want from all of you. GIVE ME HARD WORK ,I WILL PROVIDE THIS ART TO UPLIFT YOUR EARNINGS. There are many comments in yesterday post but like to share one , I received in morning which is written for you all by a unsuccessful trader with id of pulavarthyudya , read it you will see the real picture of this society. 2. In fig I made a circle in white which shows a hanging man. When In first hr I saw this I became clear that I had to enter in short side. Reason this is very bearish signal when appeared on tough resistance which I shared 10 days back in blue zone. The upper end was the area which gave me this imformation.I did not wait for its activation and took shorts with the sl of hanging man high. And result is in front of you. Why I did not wait for its activation because yesterday I shared is quoting "five hrs was good time to start correction " . You can see I was expecting this move and when I got sign . I entered into trade. But for you guys I do not suggest to copy me , because I have luxury of my experience . You have to follow activation of pattern. 3. See yellow color dotted line It worked so perfectly that 1 hr price was supported up. And see Red circle which shows the green support which I did not extend and gave you pink dotted line price took exact support on that. This is called perfection of levels shared every day to make your trading easy. Trading plan of next day. 1. bnf has fulfilled my two conditions of weakness shared yesterday . So I assume correction has started But see a upper green small line if this line is taken out in 1 hr time frame only then up trend will resume other wise down trend will confirm. 2. On the contrary if pink dotted line and pink solid zone is taken out in 30 min time frame then down trend will confirm. Both arrow showing trend when taken out is confirmed. Today was simple down trend day but tomorrow can be volatile range bound day giving opportunity both sides. 3. Green zone down is target of this down movement. In coming days price can visit this box. Rest market will decide. YOGESH VATS Note :- All trading positions can only be taken when you consult your financial planner. I share my views for educational purpose only.
NSE:BANKNIFTY
by yvatsji
49
FOLLOWERS ASK YOURSELF WHY PRICE DON"T GO BEYOND MY LEVELS DAILYCOMPARING MY STATEMENTS GIVEN ON FRIDAY WITH REAL MOVE TODAY IN BNF. 1. In trading plan column point no.3 is quoting for your consideration " if any case price takes out green zone on lower time frame then blue zone lower end will be my target." You can see price opened exactly on lower band of green zone and took support and taken out condition was fulfilled in first 15 min time frame and later on 1 hr time frame. Those who joined new , They do not understand taken out and breach conditions ,they have to be an expert in understanding both . Only then can be able to understand my charts. For them attaching a detail explanation of my 14th may post. Can you all see not even a single day since I started posted my blogs I missed my target and all support , resistance and zones behave fantastically . All structures are changed from my levels. See green zone acted beautifully providing support and blue zone acted as resistance circled in white , there after see fall big bearish candle. The statement of previous post which I highlighted , you can see I used word lower end of blue zone , see price achieved it and switch its sentiments from that point only. Today I asked one questions from all of you why price choose my level for reaction . when open choose my levels when close chose same. You all ask many questions from me and I have been giving all replies to all of them. This is my first question. Please answer in comment box. 2. Now come to one follower trade he mentioned his bad trade in morning hitting sl. Let us discuss this not only he but you all will be beneficial. See my dear follower your entry is not based upon buying set up which you should have found in 5 min chart you saw only in 15 min. Second Since I have been trading in bnf from very long time . My experience say 50 points of sl is not appropriate at least 100 to 125 is good with risk to reward 1:2 or in some cases 1:1 . Your sl is activated just in blink of an eye. Another trader who is also new like you traded following same condition , he wrote earned 170 pts. 1:1 . Now can you see your fault. Check in comment box where he put sl. You wrote in comment box is quoting for all "sir, I have noticed one thing if your conditions are met, then no one can stop your target." . All new followers These are the wording of one who is trying hard to learn this skill of making money. Same you will feel in coming days. Always Remember my conditions are very important in my style of trading. One more follower quote wonderful words . " How precisely the wisdom has been handed to followers, what else you can want. Every single word is like mantra, do not just read but meditate over it., practice it." See how crystal clear he wrote for all of you which He is feeling. Because He seems to be genuine learner of this art who not only think for himself but for others also. Where can you get this sort of community. I have seen many blogs where traders write shit. But by Grace of MAA SARASWATI & LAXMI my comment box is full of these level of wording. They not only make money but want others also can make. I am really blessed I have such deep thinkers in this community. There are many but due to length of blog can not quote you can see every quote in Fridays post on bnf. Trade plan for next day, 1. Pl see the upper blue zone where I wrote expected final target of this up move. That I gave you at 7 to 8 days back, which I visualized almost one week back, you are now seeing it manifested . That is power of this unique language. Not 50% strike rate almost 99% have been proving daily in indexes or in stocks too. Now the structure of move is not ready to go up right now into extension , I expect an correction of this impulse first then can go into extension. It does not mean that tomorrow it can not open up or while trading can go to upper band of blue zone. But soon you will see correction. 2. Correction does not mean you start taking blindly shorts . There are some conditions which price has to follow before giving you sell or buy signal. If price take support in pink and green zone down side then by finding buy set up in lower time frame You can take long if risk reward permits you. That I discussed above with trailing sl because structure can change from lower end of blue zone. In any case on 15 min time frame lower band is taken out then trail to upper band. I showed two green arrows today that gives you imformation if lower green gets buying setup then go long. The upper one will be activated when price takes out in 1hr time frame not 15 min. 3. On the contrary If price takes out lower pink and green zone in 5 min time frame then This structure will be range bound you will see trades on both sides. I will not try to even see in no direction zone for any setup. 4. If price in 15 min chart takes out red support where I showed red arrow then complete structure will change to down side. Long positions should be covered when pink and green zone is taken out in five min chart. Hope all points are crystal clear now. Rest market will decide. YOGESH VATS
NSE:BANKNIFTY
by yvatsji
40
TRADERS WEAK IN HANDLE VOLATILITY SHOULD WATCH THIS !! PSYCHOLOGY OF BLIND MIND SET. 1. Today before staring comparing my yesterday statements I would like to discuss the blind psychology of many traders who have been made habitual of asking tips for trading. The vested interest people who themselves unable to earn from market make blind to give tips first free then chargeable. Since traders don not want to study market themselves , they fall trap by giving good amount for tips and course . This is the easy way to trade . This psychology of tips is so dominant over their mind that they are unable to see other options can also prevail. Every new trader is interested in tips but not to learn this skill. I do not provide tips because I want every trader to stand on his own by putting lot of hard work. I provide lines of support , resistance and zones . They work magically proved everyday. In morning I saw one msg in comment box by one of my followers who was enquired about tips . When I replied I do not provide it. He gave pvt msg to know best setup to trade in bnf. I then refused about spoon feeding. On reading my msg he got angry and wrote you can not provide entry exit level perhaps related to accuracy. First I would like to clear Dear follower, You are no authority whom I have to prove my accuracy. There is no competition going on where I have to show my accuracy. I am sorry to say you and many more are suffering from blind psychology symptom who can not see new way of trading. That is why never ever successful in trading even spending money on tips and courses. 150 + posts have been posted one day prior the real move and all levels react perfectly not one, two days in all post consistently. You know why because I manifest the move first. You do not know the real meaning of accuracy the visualization of next day move on chart and manifest same to same on chart with correct insight of conditions is accuracy. Since your knowledge only understand tips and numbers .So you can not see this . It is not your problem many traders are full of this mentality . They want to join telegram channel for tips only . As they are not hard worker. To giving numerical value is not accuracy. Switch your trading with the move of price is accuracy. If you can understand this and want to earn from market then change your understanding. And see how profit can be generated . In my charts every thing is mentioned whether sl, entry and target , else you have that eyes. But you are roaming around tips so can not see. The moral of this description is to change your mindset and many more like you. Now come to our routine. COMPARING MY STATEMENTS WITH REAL MOVE OF PRICE IN BNF. 1. In point no.4 of trading plan what I wrote is quoting for your consideration " if momentum is high then price can go to green zone. while trading in day pink zone is taken out then green zone is target." You can see price taken out in 15 min timeframe and touched lower band of zone. This is accuracy My dear follower proving every day but you still not able to see. Just check comment box when this move was over I warned my one of the followers who everyday share his live trades with everyone. He did not follow my condition properly , He end up -30 points. I can not spoon feed so I waned him lower band of green zone. Same price came down. If that sort of accuracy I am showing means all moves are sync in my mind and eyes. 2. Traders look care fully what I am showing to you you today. keep that in mind when you trade. See first candle I circled in green It opened up and went up but came down to breach red support but as soon as it recovered I took my intraday position in same candle. with sl of that low. and booked my first position at pink zone. again price tested the same red line I took 2nd position with same sl of previous position. And booked at lower end of green zone with my c/f positions of yesterday. When people ask me to provide numerical level I say every thing is marked on chart precisely else you have that insight to find. I shared these two trades with reasons of red support line. For authentication see comment box of previous post bnf . My warning to senior trader will prove my accuracy. Yesterday I wrote a formula ,BASIC KNOWLEDGE + MY ANALYSYS = PROFIT . Follow conditions properly. In first four hr red support and pink zone worked extremely well that is why I could take two intraday trades . TRADE PLAN OF NEXT SESSION. 1. As you can see the wave structure is still incomplete so next day It might possible that price open gap up just above green zone and could not sustain there and come down. On the contrary If price open down near red support or at white ema and recovers then can move to green zone upper end. 2. If price takes out white ema and do not take out lower pink and red zone while trading then bnf will be range bound , trapping bulls and bears both sides. 3. If in any case price takes out green zone on lower time frame then blue zone lower end will be target. Why price after taken out the pink zone came back because it was taken out in 15 min time frame not in 1 hr. for rally it is essential that price should also be taken out in 1 hr. New followers please see 14 may post market has friendship to understand taken out. Chances for market to go in range bound trade is more . I think rally for time being finished . If it is on the chart then fulfil the green zone condition. Rest price will decide. YOGESH VATS
NSE:BANKNIFTY
by yvatsji
61
INITIAL LONG TREND STARTED IN BNF WILL IT BE MOVE FURTHER SEE !!COMPARING MY LAST WEEK STATEMENT WITH THIS WEEK MOVE. 1. In previous post point no.2(trade plan) I mentioned clearly is quoting for your consideration " if price break green dotted line and fulfill the taken out condition for this trendline with pink dotted line then i will be bullish . " .You can see in today trading price breached this trendline circled in white but could not satisfy taken out condition and price moved down. This move and many more moves manifested last week all went exactly same . The pink color dotted line was little up which I shifted for tomorrow trading conditions. If you see previous post I put small red arrow under red blue line in down side. You can see yesterday news of India & china came in afternoon and price after strong selling took support from same zone. By making big hammer candle. This is the power of depth in technical analysis where one can manifest such events in charts. 2. Due to some problem in updation of bnf and nifty charts , I could not post in last couple of days. I wrote this reason in many posts. Some of the followers raised this issue with trading view. Therefore resolved today in morning. Thanks to all who raised this concern. Trade plan for next day. 1. If price breach the lower solid pink line and do not come back in next 30 mins then one should cover any c/f long .Price in between pink solid line and green line is no trading zone which do not confirm direction of trend. 2. So any position in either sides can only be taken when price takes out either sides arrow support or resistance in pink dotted and pink solid line. Rest market will decide. YOGESH VATS
NSE:BANKNIFTY
by yvatsji
26
Banknifty 15 min showing down trade indianstocq indiator live 16 june Banknifty 15 min showing down trade indianstocq indiator live As seen higher time frame shown down trend .With candle below trend ine . And at 10:15 AM signal arrive on candle trend 15min from there we have catches more than 800 points . 800 POINTS IN ONE TRADE THINK HOW MUCH POINTS IN OPTION . If you are a trader with just knowledge of channel drawing then and trade with this indicator and make a lot of profit . In-stand of counting banknifty price data we calculate BN using stock volume data. By Using that's Data we can easily find Market reversal point In live market Hours .. In "Inianstocq TREND indicator" we use intraday stock movement (Tick per Rate of Change in Price) for All 12 stock which participated in BANKNIFTY & drive trend For BANKNIFTY If you like my Ideas, Hit "Like" button & Follow. For access and more information, please reach out to me
NSE:BANKNIFTYShort
by luckysingh123
2
TWO DAYS BACK I INFORMED OF TRAPPING BOTH SIDES SAME HAPPENED ! COMPARING MY YESTERDAY STATEMENT WITH REAL MOVE TODAY. 1. In yesterday post point no.2 of trading plan I mentioned is quoting for your consideration " now a green arrow position is shifted to pink dotted line if market have to resume its upside then price should take out pink dotted line condition. Til it do not gets fulfilled bnf will remain down to range bound." You can see market finished today trading at pink dotted line. Every day I put some lines on chart all work so magically that moves react from these. I write this accuracy for new followers old are quite familiar with this. Two days back The title of bnf was "bnf will trap many traders both sides see how?" Can you imagine the move manifested two days back ,you are watching now. In market where direction prediction is tough job you are seeing every manifested move on the rocks! If you see one hour chart starting from down move bears were trapped by bulls and then bulls were trapped by bears and now beers again today trapped by bulls. This is both side trapping shown in two days back title. Even showed you exact points in form of resistance and support where this trapping have been done.Every day I say follow my conditions religiously you will get profit . Today candle from starting to last half an hr were completely range bound so difficult to earn either sides. I watched whole drama sitting Idle. Some days are like this in trading. Trade plan for next day. 1. See neither the green dotted line condition nor pink dotted line was taken out either sides. So my biased for tend will remain neutral. last half hour buying may be deceptive. So My view will change with conditions with little change in position of both arrows. Red is below pink If price do not break this condition of pink in gap up mode then you can see fall. 2. Now Range between pink line and green line is no direction area for me. Means if price travel in this area then it can resume down trend or can resume up trend. Depending upon the condition satisfying on either sides. I will take my position when I get clarity then that line will become my sl and trade will start. 3. In any case of down trend resumes then my target will be pink red zone. On the other side blue zone will be in upward direction. 4. You can see toady also 27 bar ema worked fantastic by becoming resistance held price almost 6 hrs today. You can use this combination of 27.111 till 1 hr chart and 27/63 in 15 to 5 mins chart. Rest market will decide. Notes -Trollers I can be wrong any day any time with this statement you can satisfy your ego issues. cheers ... YOGESH VATS
NSE:BANKNIFTY
by yvatsji
39
BNF WILL TRAP MANY TRADERS BOTH SIDES SEE HOW ?Hi Traders, 1. There is nothing to compare with my Friday post trading plan. Except I shared down trend has changed to up trend as red line was taken out on Friday so trend is upside. It is still going on . Bnf opened gap up and breached swing high. For swing high related update I send in morning for those who carried short positions on Friday. That update condition was breached by crossing swing high. Means immediately covered shorts. Always remember when condition is breached you have to take accordingly. See market spend two hours in tight range. In first candle I saw selling pressure that gave me impression that sellers are present at that area. 2nd candle tried to cross first candle high but week bulls could not do it. That was the right clue for me even for those who covered shorts two hours back. To take position in down side .Here sl was clear, risk to reward ratio was pretty good. And market spend two hours in consolidation. All factors were in favor of shorts. I took that position by timing created in lower frame. That position I booked at red support line. Always remember when you are wrong side of trade and get stuck then cover your position when condition gets failed. See every day all support resistance and zones I shared how perfectly all works both side circled hammer candle in pink. One more thing to notice 27 bar moving average works perfectly circled in two areas of exponential moving average. No book depict this moving average even default setting in software are 9,21,50,100.200. But my all average are different from books and software. These are the result of long battle with charts in my long journey. Proving almost every day. So use them You will get more clear view of chart support and resistance. 2. Now tomorrow trade plan. See Bnf has not changed its structure to bearish mood. Although It changed to corrective structure where it will tarp both sellers and buyers till it do not take out green upper zone or green dotted line to down side. Taken out condition is valid for both side range. In this range it will trap both bears and bulls. 3. Green arrow shows if taken out this zone should take long with the sl of green zone. On other side Go short when lower red support line is taken out with sl of green dotted line for positional trades. New followers pl understand taken out condition first attaching that post . I think manifested whole trade for tomorrow. In my style of trading conditions are very important. If any body has basic understanding of charts can go for trading easily. If forget to act with any condition the. result will change into...... Traders are trading in various scrip which I manifested, many of them are writing in same post about their earning. They themselves write how condition help then to understand trade in market. So Trade "n" Grow with education. My final target of this upside move is blue zone. that can be achieved in day or two. One more thing in any case price visit blue zone in upside and i find extension in structure then blue zone will also create new. Rest market will decide. I can be wrong any day any time. So satisfying the ego of trollers by accepting it. My main motto is not to flaunt my wisdom but to help struggling traders in form of earning and education. YOGESH VATS
NSE:BANKNIFTYLong
by yvatsji
42
SEE HOW TO DETECT EARLY CHANGE IN SENTIMENTS OF TRENDCOMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE TODAY IN BNF 1. In point no. 1 trading plan I gave only one condition that is for your consideration " trend will only change if upper band of zone 4 will be taken out till then down direction". That condition is fully taken out in last 15 min of trading. I circled a green color candle of last hr which broke upper end of zone and next candle takes out the high of previous candle . That is how trend changed to up ward side. Those who are positional shorts will wait for satisfying this condition and should have cleared their shorts after 3.20pm . The early sign were shown on 27 bar moving average in white color. In yesterday trade last three hours were showing support on that average Pius second candle of the day also took support on same average. when you find this sort of position on chart always switch your sentiments to opposite side this is early sign can exit short here or on 6th candle which gave clear decision where price came down by touching red upper band and recovered same. that recovery is clear to quit shorts. See for this reason I follow 27 bar average which gives me early sing of trend change . I every day to give practical lessons of trades . you should keep all lessons in mind while trading. Some times one should not wait to break zone ,support and resistance. This is also the way to take early decisions. when you are holding position. Confirmation will definitely come after taken out condition but this way you can reduce no of points for losing. every day new practical examples occur during trading my efforts are to train your mind and eyes recognizing all these imformations which chart deliver while trading. This will create an edge over others. Remember and practice on charts. Trade plan for next session. 1. Since zone has cleared the trend has changed to upside so best strategy will be buy on dips next target is blue zone. Buy only when you get that setup in lower time frame.Wining traders share their trade in comment box so you all should visit once in a day after trade or while trading to see that imformation. Even I also learn many things from them. Learning is forever process . Never going to end in life. Always be learner. Those who are short they should quit their position in first 15 mins.Rest market will decide. YOGESH VATS
NSE:BANKNIFTY
by yvatsji
28
Nifty Bank -- 4th June '20 [EXPIRY]The massive bull rally closed today with a large sell candle on the hourly chart, with good volume, from 21600 odd levels. There is a minor hiccup at 20900-21000 levels which should serve as pivot point for expiry. If the index sustains above 21000 for some time it can move up to test today’s high of 21600. A decisive move beyond that will take the index up to 22000 where it would have retraced by 38.2% from its low of 16116. If unable to sustain above 20900 the index can move towards 20500, breaching which would take it down to 20150 odd levels. However, Options data suggests that there is a fair possibility of the index closing above 21000 tomorrow. Good luck!
NSE:BANKNIFTY
by scalp3r240
NO CLEAR VISION OF BNF DIRECTION ON 1ST JUNE SEE HOW?COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE IN TODAY'S TRADING. 1. In last statement point no. 3 of trading plan column quoting for your consideration " bnf has to continue down trend then red upper zone should be intact. on other side if market takes support between two blue area then chances of structure change to up side will prevail." N ow see today's trading price opened gap down took support of fist blue line and three hrs remained range bound then in last two hours touched red dotted line. Now here my highlighted point comes into play. In between two blue lines then chances to go up side intact. But price did not come between these two lines, rather took support and made range between red dotted line and blue line. Here It changed its structure which is purely dependent of bnf opening . If on next trading session bnf opens gap up then market choose to go into extension of long intermediate trend started from 17200. 2. On the other side if market gaps down and do not breach red dotted line then chances of going down will increase. For down trend confirmation price should take out blue first support. Remember taken out not breached. There is difference between taken out and breached ,new followers for your understanding I will attach the post that will clear this condition. As stock market is based on probability so condition should always be in mind of every trader. 3. I showed two arrows one green and second red . let us discuss both. If red dotted is breached by gap up opening or while trading then all shorts to be booked. Time your trade in long side. After beaching if price immediately come back under dotted line this time it will be assumed broken and find set up to trade in long side. Where as red arrow condition is different If price takes out blue line down side then shorts can be open only then this long trend will become deep retracement . Right now consider with today price action long trend. 4. If red dotted line is crossed upside then zone two will be target. For candle stick readers see I circled a hammer candle at support it was activated only when next candle closed above the high of hammer. only then chances of working this candles starts. See after that price moved up side. Any candle stick works near support or resistance when get activated. Other then support resistance or support very less chances of working. 5. structure is direction less all depends upon next trading session opening. Extensions in trend convert many trades into hope trades. so when your are wrong accept it and book loss in that trade rather to convert into hope trade. I see many new traders buy on resistance and sell on support this is suicidal act ,make it reverse while you take any position. This is basic principle of trading . Never ever forget my conditions while trading. This could be fatal to you in form of capital. When I mark my study on chart follow it . At least my study will work as dos and donts in trading. It is like a track where you have to drive your trading vehicle by time your trade. Rest market will decide. YOGESH VATS
NSE:BANKNIFTY
by yvatsji
31