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Bankniftyfuture

IS BNF HEADING TOWARDS DOWNSIDE IN NEXT WEEK OR CONTINUE UP ?Hi Traders, 1. As usual first I will discuss, last week's statement. On 20th Nov 2020, in point no1. of trading plan section, what I wrote is quoting for your consideration. "A white line is made if the price takes out in both time frames in 15 and 1hr then you will see the upside move." . Here you can see in fig after crossing the white line the taken-out condition got activated and gave you approx. 570 points. The yellow line showing you this journey. Generally, after the condition got activated, we see a good move in that direction. This move would also give more points, Had the spinning Top in a pink circle would not be made after Gap up. Maybe most of you do not know if after a gap up a spinning top is made that is a signal to book profit and expect a reversal. Those who knew it would have booked profit after taken out got activated. In fact, for the last two weeks, I have been skeptical about the scene after taken out condition got activated. That I informed those who follow me through links given in below box. And both weeks after giving moves price come back in the region from were taken out condition gets activated. 2. I made a white box covering the cluster of many reversal candles this shows price might open gap down. Setting the previous fig to match with the current fig and my statement. Trade Plan For Next Week 1. I made a red line if it is taken out upside in both time frames then you would see more upside move. 2, On the contrary, if the green line is taken out downside in both time frames of 15 min and 1 hour, then you will see a fall. The level which I mark on the chart will never let you down with implementing with conditions. Once activated will give you a good move on that side proving in 229+ posts. 3. For new readers writing taken out condition how is this implemented on chats. 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 the taken-out condition, the 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 the next candle and close should be above the previously breached candle. This is how taken out condition is being implemented. -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
27
SEE HOW TRADING WITH NEUTRAL SENTIMENTS SAVES YOU GOING WRONG!Hi Traders, Happy Diwali !! May Goddess Bless You with health & Wealth !! On the 6th of Nov, I wrote in my weekly blog on Bank nifty regarding neutral sentiments with point no.2 of the trade plan section is quoting how one should change her/ his psychology with a price " On the contrary, if price takes out the green line in both time frames then do not think you will see a rally rather it will be a trapping move. So the upside move will not be convincing at all. Please do not think I am sounding bearish. My sentiments change with price movement. I always see the market in a neutral way not biased any side. With the flow of price, I change my sentiments. That is why always work with stop loss." Here you can see the first line of the statement was sounding bearish as I was expecting a trapping move by bears but it was a genuine rally which travelled appx 1500points. in the next line of the statement, I clearly wrote I am neutral will go with the flow of price and that flow was on the upside by activating the taken-out condition of the green line. Why I wrote all these words because of hanging man candle it has the potential to give false breakout and trapping bulls provide close below the hanging man low. On the other side, I have seen many times in my experience, gives a good rally by failing the hanging man pattern. so when I see hanging man I become neutral and start to wait for a taken out condition, then flow with a price. Hope many advance level traders would find this new perspective of seeing the hanging man. The stock market is a game of changing sentiments then you will never go wrong. Never ever stick to one sentiment patterns clued their psychology in your mind but when they fail, it becomes tough to erase the impact of the pattern seen on your mind. That is why 90% of traders convert their failed trade into hope trade. 2. See a pink color circle is showing you the taken-out condition got fulfilled and yellow color arrow showing rally of 1500 points. So when you are neutral and move with the flow of price the chances of going wrong converted itself into a reward that is what the stock market is. Though I wrote slightly bearish bias in first-line but very much clear how to tackle this situation. Even the uptrend was going on last week I clearly mentioned in point no1. of trade section is quoting for your consideration. " See a pink color circle showing a hanging man pattern with harami cross which is not activated till yet but as soon as it gets activated by giving the close of next candle below hanging man candle and price fulfill taken out condition in both time frame of 15 min and 1 hour, then this uptrend will convert into a downtrend. Here you can see uptrend will convert into downtrend when the next candle close is below hanging man low. when next day gap up opening happened clear indication of uptrend continuation. I every time try my bit to give you a crystal clear picture of the market. And prove with evidence from the real move. Setting the previous fig to compare with the current one. Trade Plan For Next Week. 1. Now see a very important candle marked in a green circle. I my 15 years of experience, I found this formation of the candle after a long move is an entry point of bears. No candlestick book mentioned this candle, therefore no name is given to this formation. always remember when you see this formation after a long-run upside, the entry of bears, and later on, confirmed by the black colour up move as a test of supply. And see the price fell. I marked a blue line if it is taken out in both time frame 1h & 15 min then I would like to leave my positional shorts. This means those who are positional short this the condition to get out of the position. ultimately a big move can be seen upside when the green line is taken out in both time frames. 2. On the contrary, a red line is marked if it is taken out downside in both time frames then a fall can be seen. only very negative news will increase the momentum of this fall otherwise it will be soon over. price can be range-bound between the red and blue lines for next week. One has to book profit quickly on both sides of trades. 3. For new readers writing how taken out condition gets implemented. 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 the next candle and close should be above the previously breached candle. This is how taken out condition is being implemented. 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
22
WHEN PREDICTION IS DONE WITH CONVICTION THEN RESULT IS FRUITFUL!Hi Traders, 1. On 31st of October 2020, I wrote in my weekly blog the rally you saw this week with clear conditions that even a layman can understand. See the words I quote as proof of this upside move in trade plan section point no.1 " In the current fig I marked one red line upside If this is taken out in the next session in both time frames then this downtrend will convert into the upside But always use Fridays low to stop loss even if the takeout condition gets activated upside." Here you can see I made a red line when market sentiments were quite bearish there was no clarity of upside trend I wrote the first condition taking about taken out the condition and see how fantastically that condition got activated and you saw a rally of 3000 points. Those who are positional traders enjoyed good profit this week. In every chart on record, all are manifested in such a way that trade becomes easy if have basic knowledge of the market. Understanding of taken out condition with marking make everything easy. Have you ever seen me giving plenty of lines in the chart only two lines are sufficient to analyze any market? 2. Now see how knowledge of candlestick pattern with perfection provides pinpoint information of price movement. I circled in green three candles one is Doji, the second is hanging man and the third is an inverted hammer. The cluster of this candle is a reliable pattern of a trend reversal. See how the price moved down showing by the black arrow. In this case, one should know where to book profit. That is a gap.setting previous fig for comparing my statements. Trade Plan for Next week . 1. See a pink colour circle showing a hanging man pattern with harami cross which is not activated till yet but as soon as it gets activated by giving the close of next candle below hanging man candle and price fulfil taken out condition in both time frame of 15 min and 1 hour, then this uptrend will convert into a downtrend. But do not think this new trend will be free fall. It will full of volatile trades. Only negative news will increase its momentum otherwise range-bound trades. The rally you saw last week now price movement will not be like this. So you have to book your profit soon. 2. On the contrary if price takes out the green line in both time frames then do not think you will see a rally rather it will be a trap move. So the upside move will not be convincing at all. Please do not think I am sounding bearish. My sentiments change with price movement. I always see the market in a neutral way not biased any side. With the flow of price, I change my sentiments. That is why always work with stop loss. 3. For new readers writing how taken out condition applies in the analysis. 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 the next candle and close should be above the previously breached candle. This is how taken out condition is being implemented. 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
24
HAVING 15 DAYS BREAK AYALISIS EARNED 1800 POINTS PROFIT SEE HOW?Hi Traders, 1. On the 9th of October 2020, What you saw in BNF could have earned 1800 points without my help. You just had to follow religiously my marked levels and taken out condition with price movements. That I will show in the latter part of this blog. As usual, I will prove my last blog's conditions to you. Let's checkpoint no. 1. of trade plan section is quoting as proof, what you saw in the previous fortnight had already been manifested meticulously " I made a pink color resistance line if it is taken out in both time frames then you will see a small up move. And the price would come below the pink line. Technically 27 Ema will act as support the first time and will provide a weak bounce" . Here you can notice, I talked about taking out the condition for the pink line to go upside means till this condition gets activated one should not go long. See I marked two attempts of price crossed pink line but could not activate price condition in both time frames circled in the green circle. The first circle is showing a shooting star pattern and the second circle spinning top. A white circle showing a big candle breached this pink line in the third attempt, I mark to use this candle as a stop loss for long. When price fulfilled taken out condition this time did not stop giving you 900 points trade by making hanging man. circled in yellow. I did not give an upside target of where to book profit. In condition, I talked about bounce and told you that price will come back to 27ema same happened after 900 points it took support on the same. As many of you have been following me for the last six months and quite familiar with how to see resistance and support. 2. Now come to the second trade, both trades I marked in green arrows. See second trade the pink line one taken out means will act as support with the logic of change of polarity principle. See carefully a spinning top is made on this and the next day tested this support, here one needs to go long. And see results again 900 points. This is how one could take a total of 1800 points in two weeks just follow my marking with taken-out conditions. Many messages I get on a regular basis where trades write by following my marking on charts and following religiously earned a lot and recovered their losses from time to time I share in the group. Though I took a break from trading for 15 days, I had already manifested the whole analysis for you in advance. One need to make trust in my analysis with basic knowledge of the market can earn a lot of money. Never ever trade without stop loss. 3. In point no.3 I wrote clearly that the market will remain range-bound between two given limits. "I feel the price will remain range-bound between the upper and lower limit." You can see the pink line was the upper limit and price could not cross one complete week and price remained range-bound. Again I take your attention to the same point What I manifested you saw in terms of price movement. Ask yourself How many chartists you saw in your life who can manifest the whole advance 15 days so accurately without knowing how the news will flow in these days. That is the power of correct analysis. For your easy comparison of the previous moves with the current setting chart for you, Trade plan for next week. 1. In the current fig I marked one red line upside If this is taken out in the next session in both time frames then this downtrend will convert into the upside But always use Fridays low to stop loss even if the takeout condition gets activated upside. 2. On the contrary, if the taken-out condition does not activate then get ready to see fall. and the target I will not share find yourself. I gave you two points and marked everything on the chart. this is your trade for next week, Those who would follow my analysis, definitely they will earn a lot. For new readers writing about taken out condition how you have to implement. 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 the next candle and close should be above the previously breached candle. This is how taken out condition is being implemented. 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
31
SEE PRICE & MY MANIFESTATION IN SYNC GIVEN ON OCT 2 !!Hi Traders, 1. On the 2nd of October 2020, I wrote in my weekly blog of bank nifty regarding the direction of the trend this week and quoting point no. 2 of the trade plan section as proof of my statement made one week ago, of real price movement. "On the contrary, If the price takes out the pink dotted zone upside then the price will see more upside." Here you can see the pink dotted zone when taken out in both 1hr & 15 min time frames it went north.In every post ask why the levels I set one week ago price follow religiously. When I write my wordings why they show so much confidence in price movement despite big volatility in the market? Where the next moment is uncertain. The same confidence has been proving since I wrote my first blog six months ago. More then 215 + posts every post is proving this confidence. The more you study, the more depth you create in your analysis. This is a continuous process. Many traders are earning by following my analysis comment box is full of these comments. Why I mention this because to prove to new traders if you study hard, you can earn daily. 2. Now see the red circle in the current fig that is hammer made on the lower end of the zone after that boom. This is the accuracy I provide in my every post. See in the first attempt taken out condition was not fulfilled. Later in the second attempt when a hammer candle was made the taken-out condition got fulfilled in both time frame and boom. setting the previous fig for matching my statement with this and current fig. Trading Plan for next week. 1. I made a pink color resistance line if it is taken out in both time frames then you will see a small up move. And the price would come below the pink line. Technically 27 Ema will act as support first time and will provide a weak bounce. This will be broken in this week and convert uptrend into down for a few days. 2. If this price takes out a green support line in both the time frame then the uptrend will convert into a downtrend. But one should not short the market at this stage whereas one should wait for any bounce then shorting will be good as compared to the risk-reward ratio. Both arrows showing the direction only. 3. I feel the price will remain range-bound between the upper and lower limit. 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 the next candle and close should be above the previously breached candle. This is how taken out condition is being implemented. 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
48
BNF HAS CHANGED ITS DOWN TREND TO UP WHAT NEXT?Hi Traders, 1. On the 25th of Sep 2020, I wrote on the blog of bank nifty is quoting as proof that same is seen this week. ". On the contrary, if the yellow trendline which is not breached in 15 days is taken out in both time frames then the uptrend will start." Here if you see carefully price fulfilled this condition on the very first attempt circled in pink but could not move up as trapping bears one complete day but on the contrary, the yellow line is not taken out even once downside on both time frames. This is the beauty of the market sometimes fulfilling conditions on the upside it gives the impression of reverse sentiments. This is the second time in my analysis journey of the last six months, I gave inclined trendline condition generally I provide horizontal line conditions. Why because they create less confusion but this sort of line creates much confusion. As this time price created this condition so I gave it to you. I know very skilled traders can handle this only those who see price behavior so minutely printed on the chart. As I have already mentioned above price did not fulfill the downside criteria of taken out. Therefore, the price could not move down. 2. Between week I gave clues to my group that one candlestick pattern has been formed which has decided to the direction of the market and is intact. Many people gave me various candlestick patterns no one could talk about the pattern in the red circle except one, who also could not catch in the first attempt but in second. This pattern is a bullish belt hold. People;e want to earn money from the market but unable to put required hard work. They might be thinking that I might belong to ages mentor who imparts education through their belief of technique. Yes, because what they want only spoon-feed and I am totally against it. I am your well-wisher who just wants to impart genuine skill to you in form of hard work. What are you giving to me... nothing? I do not expect anything from you. Except for your hard work. More than 2700+ followers No one could give me the correct answer. This is how you people want money without hard work . You are used to dependent upon tips. That is why tips seekers do not get their material from me only genuine seekers are earning and recovering their losses. 3. One thing to be noticed when I use my red and green arrows 90% times price doesn't go below the red and move above the green. In 10 % it violates then taken out condition gives you confirmation. people earn money from my analysis, they stick to my words and write truthfully for newbies to boost their morale. That should be the spirit of a genuine seeker who also thinks for others. No selfish attitude. Setting a previous post for matching my statements. Trade plan for next week. 1. As usual see the red arrow showing if the price stays below this level for 30 mins then one should leave positional longs and confirmation will get when taken out condition get activated in both time frames. 2. On the contrary, If price takes out the pink dotted zone upside then price will see more upside. 3. I made a pink rectangle which shows price fulfilled the condition of taken out in both time frames but the candles were too big to put sl of the breached candle. So setting stop-loss is a bit difficult as risk-reward will not favorable. In this case, use a lower time frame to put sl. 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 the next candle and close should be above the previously breached candle. This is how taken out condition is being implemented. 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
21
15DAYS BACK INFORMED WHAT HAS TO BREAK TO GO UP AND DOWN SEE HOWHi Traders, 1. On 12th of Sep 2020, What you have seen in form of fall was clearly mentioned in terms of conditions with using specific words to authenticate my statement quoting from point no.1 of the trading plan section " Now If the price has to move up then this yellow trendline with pink resistance which is just above the trendline has to be taken out in both time frames of 1 hour & 15 min with the target of the white-green zone" Here you can see I clearly mentioned if the price has to move up then yellow trendline has to be taken out. See how perfectly price respected my condition did not dare to breach even a single time. in 15 days and you saw a fall. can you imagine how confidently I described the yellow trendline condition why I was so confident for this line is an art. you all must work hard to attain this perfection. I did not stop here in point no.4 of the same section. I clearly mentioned that support will break then the structure will change is quoting for your consideration ." news can change the structure if the price goes down from the support of blue and red zone. 2. If you see fig of 12 Sep, I marked the red arrow for the downside exactly at the magic support and the green arrow exactly at resistance from where the up move had to start. I was damm clear from where up move will start and the downfall will start. Had anybody just stuck with my analysis you can imagine how much one could earn in positional trades. Please take out any post in 215+ where I sketched the market move and price did not respect my levels of course with my conditions. Proving in every post in every line. Several times I wrote stick with my words in analysis nobody can stop you in making a profit from the market. Because I manifest the whole move in advance so many days ago. Setting 12 Sep figure below for matching my statements highlighted above with current fig. Trade Plan for next week. 1. I marked in a pink circle showing how perfectly my levels work every time. See downside red line is made if it takes out in both time frames of 15 and 1 hour then you will see the price going to lower blue trendline. 2. On the contrary if the yellow trendline which is not breached in 15 days is taken out in both time frames then the uptrend will start. Yogesh Vats Disclaimer:- All information is shared for educational purposes, not for trading. Trading should be done by consulting from your Financial Planner.
NSE:BANKNIFTY
by yvatsji
37
WHY I DID NOT PROVIDE SUPPORT IN BNF ON SEP 5 ?Hi Traders, 1. On the 5th of Sep 2020, I did not provide any second support why? If you see the fig of that day analysis, I provided only one red color support not second. Old followers know when I manifest the move of the next trading session or week I always mark two support and resistance in my fig. This is the first time when provided only one. If you see the current fig, you will find that price broke it and even satisfied taken out condition but it made zone with a blue color line and moved up. Quoting point no.2 of the trading plan section which shows bearish for the time being not expecting this down all will be completed near this red support. "Now price structure has become negative for time being." Here I was not expecting more fall that is why I started this point with the above-mentioned line. Later in this point, I gave the mentioned taken out condition. 2. See in point no. 1 of the same section what I wrote is quoting for your consideration ". In fig, if you see the yellow trend line showing you the sign of future trend had you interpreted in this way. See support zone providing support but yet trendline is acting as resistance means till the price does not move above this line any long should not be opened. If you use little logic with any of my analyses you can see the direction." Here Thevsupport zone of last week white and green was acting as support and the yellow trendline was acting as resistance see in down fig setting for matching my statements. Price could not cross the yellow trend line and moved down. Trading Plan for Next week 1. With the movement of price this week I changed the angle of the yellow trendline that is why it came down. Now If price has to move up then this yellow trendline with pink resistance which is just above the trendline has to be taken out in both time frames of 1 hour & 15 min with the target of the white-green zone. In any case, price does not fulfill the taken-out condition on this zone then it will consolidate here for some time. That range will be green white upper side and pink lower side. 2. In any case, taken out condition gets fulfilled then the orange line will be a target. If the price did not consolidate in the first point given range then it will consolidate between the yellow line upside range and the white-green zone as the lower limit. 3. blue trendline above is taken out in both time frames then the top pink line is the target. One consolidation phase will be seen in any of the two ranges mentioned in fig. So better not to trade it because it will take your earning back. 4. Here again not providing any down second support as not expecting more downside. But any big unexpected news can change the structure if the price goes down from the support of blue and red zone. 5. For new readers taken out condition is mentioned in the attachment. Please read it carefully before entering into a trade. Yogesh vats Disclaimer:- Providing this information as an educational purpose only. If you trade on this explanation that is your responsibility, not mine.
NSE:BANKNIFTY
by yvatsji
34
BANKNIFTY Short I hope you can now see how BANKNIFTY represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:BANKNIFTYShort
by EntryandExit