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Bankniftyfuture

TARGET GIVEN ON AUG 22, ACHIEVED IN BNF ON AUG 28 SEE YOURSELF!!Hi Traders, 1. On the 22nd of Aug 2020, in my blog on BNF series the point no. 1 trading plan section is quoting for your consideration as proof that given targets on upside precisely achieved by index as usual without fail. Every word was written so meticulously that proves the presence of perfect manifestation of the move six days prior to the real action. " The red dotted line if taken out in both time frames then you see the price going to green dotted line and blue zone." you can see when taken out the condition on both time frames activated then the target was achieved. see the red dotted line was taken out with a white bullish candle and this time price did not dare test this red dotted line level and reached to green dotted and blue zone. 2. I did not stop here to manifest the whole move in advance here in point no. 2 of the trading plan section what I mentioned is quoting as proof of further visualization of the move "In case the price falls from the lower end of the above-mentioned zone that is a green dotted line and gets recovers after consolidation then the importance of blue line that is the upper end of green dotted line blue line zone will be mitigated. And the target, in that case, will be a green solid upper line." Here you can see how crystal clearly I mentioned the condition where if price falls from green dotted line then the blue line that is the upper line of zone gets mitigated otherwise has importance. See price did not fall from green dotted line whereas took the support of the same green dotted line and reached the blue line where took resistance showing in the pink box for continuous 5 hours. See condition was how precisely written that actual price action showed not filling from green dotted line fall has importance and held price here for 5 hours. when I manifest all moves so meticulously then you should earn money from my analysis. Who can give you all moves in advance so precisely on any platform available across India? I am using these words because consistently proving all my analysis since I started to write without fail. whether stocks or indexes. One of my motives is to make your trading easy. 3. On every support or resistance, I apply taken out conditions because among many I select those which have the potential to work. If any random resistance or support selected then instead of giving a clear perspective of trading they will confuse you by activating and going wrong later on. Now see the pink color circle which is showing a breached candle on the green line. Here I am showing how one has to deal with the taken-out condition a candle showing activation of taken out the condition on both time frames. The next candle is an entry point. And a stop loss of this entry is shown in the pink line. After that see had you followed my conditions religiously, you would have been the part of boom... I showed the same entries many times in my blogs again showing for new readers. If you apply the same logic of entry on all given support and resistance I guarantee 80 % success rates rest is the cases of sideways moves of price but only with my support and resistance. 4. Now I show you what you see this week I already knew and not only showed in manifestation of my analysis. Even one of my followers wrote all his feeling in capital letters which reached my heart. And I had to disclose the same move on a week ago in comment box of nifty Agust 21, post. ckirtane Aug 22 DO YOU WANT TO SAY IF YELLOW SOLID LINE(11571) IS NOT TAKEN OUT THEN UPTREND (STARTED FROM 7500) IS OVER FOR THIS BULL RUN? AS PER CONDITION NO 2.& NEW DOWN TREND WILL START . SECONDLY IF WHITE SUPPORT LINE(11112) IS BROKE THEN NEW BEAR TREND WILL START? PLEASE CLARIFY FOR THE HELP OF ALL FOLLOWERS. PLEASE ALSO COME ON BOARD AT LEAST ONCE IN 3 DAYS TO GUIDE US AS I STOPPED TRADING WITHOUT YOUR GUIDANCE. yvatsji Aug 22 @ckirtane, I am awfully sorry not posting on a regular basis. Your message the last line affected me much " stopped trading". My mission is maximum people make money by trading. That is why started providing clues so that they can understand and create money for themselves. I was against of it as is used for tips not for creating education. Though I started for the sake of traders. Now come to your query. See I posted three months back when nifty was at 7500 that bottom has made that I wrote in many posts of nifty. All available on record. In today's post, you are taking the wrong impression of a big fall. See price is in the impulsive wave it will give you small correction but will make a new high. The correction will be small. For your confidence, I disclose to you that the condition which I gave for the downside will not activate you will see the price going to 11700 in next week. If there will be a change in it I am capable to know the same time. Just your last line made me compelled to disclosing otherwise I do not prefer to give this concrete information to anybody. Start trading take clues by joining Trade "n" Grow. Cheers. setting the previous post fig by comparing it with the current fig above. Trading plan for next week. 1. A blue trend line is seen in the current fig that is important to take out on both time frames of 15 & 1 hour. Then target would be a pink line green arrow showing this journey of price. Here I would like to mention sometimes condition gets activated and price moves in the upper side but after some times it converts its movement to the downside to test the trendline and if not consolidate here above the breached candle and does not cross the recent high, then chances to get failed will prevail. this trendline will give you false break out. so be cautious with stop loss even after activation of taken out condition. 2. on the contrary a white line is shown in fig if it is taken out in both time frames of any day then positional long should be covered. The complete structure could change to deep correction. But here also one condition that taken out condition is not met then you will see a bounce if that one could not take out august 28 high then get ready for a deep correction. 3. My words in the form of condition are valuable if could not understand properly then ........ For new readers writing taken out condition:- 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. 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
52
SEE HOW BNF CHANGED ITS DIRECTION OF UPSIDE TO DOWN ?Hi Traders, 1. On 28th July 2020, I wrote in point no. 1 of the trading plan is quoting as proof of how early tracing of change in trend helps many positional traders to go wrong in their trade. " See I made a pink line at the bottom which indicates if it breaches then any positional long should be covered. In fact, the first 15 min candle if the price comes to near this line one should cover longs. " You can see when this line breached price never recovered from the down move to up move. The circled candle in green is responsible of change in structure of long side. Setting a previous post fig to understand the current fig better. 2. In point no.4 I clearly mentioned is quoting for your consideration " In any case, today's low is breached then this downtrend will resume. " Here the current low is 28th July low. That is breached now downtrend will resume. but it does not mean you will not get pullback of downtrend. Basically sell on rising is market now till the above red dotted line is not taken out in 4 hour time frame. Trade Plan For Next Session. 1. A downtrend pullback can be seen to green dotted and blue dotted zone. If the price sustains between zone for 45 mins then can go to red dotted line. If price sustains in a zone then positional long should be covered. Because in case the price moves beyond red dotted line then lose of of positional short can be minimized. 2. If the price falls from green, blue dotted zone then one should keep an eye on price after breaching red line whether continuous selling is seen or price getting range-bound because selling can be stopped there without filling taken out condition. 3. On the contrary, if a red solid line is taken out then the price will move to a white dotted line. 4. In any condition price takes out red dotted line upside in 4-hour time frame only then trend will reverse from downside to upside. Since price has entered into the correction phase so range-bound volatility will be seen making trade difficult into both sides. Not providing the taste of trending move. A small trend will be seen. 5. For new readers taken out condition is writing to understand my 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 next candle and close should be above the previously breached candle. This is how taken out condition is being implemented. 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
68
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
IS DOWN MOVE IN BNF A TRAP OR CONTINUATION OF DOWN TREND ?Hi Traders, 1. On the 10 the of July 2020, I mentioned in point no.2 of the trading plan section is quoting as proof of my statement compare with today move" The white moving average is taken out in both time frames then the price will move up to the yellow trend line but between yellow resistance and green dotted line will act as resistance where the price can go for consolidation stage." You can see the market opened gap up and took resistance of the same line and fell down without fulfilling my taken out the condition of white EMA. Why price either open or close reacts on given levels daily without fail a single day in the last three months in every chart is a question to think. I circled in green the exact resistance on the yellow line. 2. I made a white circle at redline see carefully the taken-out condition is not fulfilled in both time frame so one should not initiate short at this stage but one of my followers is interested to read my words as a story. So he initiated shorts because the red line is breached. See his statement. "mrhariA7 3 hours ago Redline breached! Initiated shorts for further downside..." I want to ask how much money he made in this trade where the price went into consolidation. I appreciate, he wrote in the comment box at least I could highlight his mistake to give you a lesson so that you people will not do in your trading. One of the matured followers replied to him although the reason was different than what I shared in my all post of condition fulfillment is quoting "SureshKumarPolisetty 3 hours ago @mrhariA7, I think it will bounce back from here. There is good support to put options OI at 22K levels. This way if you read my posts then you can not learn this art. 3. If you see in the previous fig that I will set below, you will find a red arrow that I finished at the orange moving average. You can see downfall stalled near this average. This is a sort of perfection I share every day to make your trading easy. But some of you do not understand my word is unable to earn. Until and unless each written word is not matched with the chart you can not understand my view. I have seen many followers write childish questions in the comment box. They themselves put their hard work to understand points but need my hard work to reply to these amateur questions. I would like to answer intelligent and prudent questions that show that one has done good labor to understand these concepts. So If I do not reply means that the questioner has not done his hard work properly. The question itself speaks the hard work of a person. Trading Plan of the next session. 1. Blue dotted line is taken out on both 1 hour and 15 min time frame the trend will change to the downside. otherwise Till now I see a deep retracement move of the uptrend. 2. If the gap up opening is near any of my lines upside the see how price behaves in the first 30 mins if taking resistance or no heavy selling pressure then price will move to the upper red dotted line. 3. On the contrary, if price sustains(support) at any shown level then it can be range-bound for some time. 4. If price takes out the yellow line upside in both time frames then the green dotted line is the next target. The yellow line will act as good resistance. If the white trend line is breached and price does not come back in the next 15 min in the same trendline then this down move is over. Price may remain range-bound. 5. 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. 6. Note that taken out condition is not fulfilled by price in any condition mentioned in the last post. ( only two were given on upper side and lower side.) The rest price 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
35
TODAY BNF WAS STRONG AS COMPARED TO NIFTY SEE WHY ?Hi Traders, 1. On the 5th of July 2020, I posted trading information regarding BNF in trading plan point no. 1, I mentioned is quoting for your consideration " As far as the structure is negative which is going to no direction zone already discussed above. So I will wait to go in trade any sides till I get clarity on moves. I made one pink line to move up this line is to be taken out in 15 min time frame then being aggressive trader I will see buy set upon a lower time frame of 5 min and will take long with strict stop loss. But long side confirmation will be seen when the 1hr condition validates it." You can see the next-day market opened gap up fulfilling the condition of 15 min time frame but not 1 hour. You can see the whole day trading 1 hr condition was not activated and the price came down. How the pink line acted as support and today gave a good rally. New followers can not imagine this sort of accuracy in trading but my old followers have you ever thought when I make any support or resistance why price exactly follows my structures and conditions. why I made pink one at that level which is reactive why not up and down. Though I am busy nowadays and do not post regularly still manifestation guide you for profitable trades. In many previous posts, I wrote My slogan That BASIC KNOWLEDGE " + MY ANALYSIS = PROFIT " That one of my followers proved not following my instruction whereas one who followed earned today. First, see the comment of one who wrote for all of you. "ChipsK 2 hours ago Today I lost, I took short after finish off 12 pm candle. Considering the resistance level. But there was a huge white candle formed immediately and I booked my position with 200 point loss. The mistake I did was there was a clear hammer formed and the price was going up. But I anticipated the price will not breach the resistance and did not wait for reversal sign or candle to finish. A lesson hard-learned..." He is taking short at 12 pm candle near the pink line where a hammer candle was formed which I circled in white showing how pink line is working still he shorted and got trapped. He did not follow my condition and went into loss. On the other side one who followed earned money. " wadhwaamit4 2 hours ago @yvatsji , Sir, Are we heading toward Green dotted line today for BNF? I am holding a long position after Blue solid line was taken out." This was his first msg when he took the position of the long side and then exit msg where he talks of taking this entry after fulfilling the condition. wadhwaamit4 an hour ago @yvatsji, I exited the position and made a 4.5k profit. I was expecting target will achieve today but momentum was not there. Thank you, sir. Fear free trade once condition fulfilled". That is why my slogan is so important for any trader who attains basic knowledge. To make you understand better the current fig I set the previous fig so that you can compare with the current. in.tradingview.com 2. One more thing I circled three more in green showing you how accurately all levels which I draw works magically. Please see white circle candles all candle took support at pink line + white 27 Ema means no shorting only buying with sl of pink line. Trade plan for next day 1. I made one blue line If this line is taken out in 1 hr time frame the uptrend will be reversed to down. In 15 min condition if prices take out I will clear my positional longs. And will wait for 1 hr condition. 2. If in 1-hour time frame I feel the price is not going to fulfill this condition then by concentrating on the long setup I will again buy, 3. On the contrary, If the upper yellow line is taken out in 15 min then I will find the setup for long with the target of green dotted line considering the risk to reward. 4. Those who are new readers for them I write taken out condition please try to understand it otherwise you will not understand my 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 next candle and close should be above the previously breached candle. This is how taken out condition is being implemented. 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
29
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
TARGET ACHIEVED NOW WHAT NEXT ? IN BNF SEE YOURSELFCOMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE TODAY. 1. In yesterday post point no.1 trade plan what I mentioned is quoting for your consideration " it does not mean that tomorrow it can not open up or while trading can go to upper band of blue zone." . You can see the price in last candle closed exactly at upper band of blue zone circled in white . Just imagine people can not take out right direction of trend , Here you get inch to inch targets and move of price taking support resistance on perfect points . Not only one day consistently everyday. Analysts give 50% , 70% consistency but I try to give 99% consistency of move. The price takes support on green zone upper band circled in white and complete move on upper band of blue zone. I know many people watching my post there would be few who can not digest this accuracy and will hurt their ego . They would be trying to satisfy their ego by writing ill logical comments without any logic . My sincere advice is rather to satisfy their ego try to make money with my analysis as many new traders are making everyday and writing to help and motivate others. 2. Yesterday in same point no.1 I wrote " But soon you will see correction". With today move I feel price could go into extension rather than into extension of course with satisfying some conditions that I will discuss in later part of blog. See today correction had to start even I was expecting it for this I show you something which will authenticate my reading too. See first 5 candles all are range bound candles price tried several times in these five hours to start the correction process but 27 white ema acted a good support every time. At this stage price wanted to go in correction but to trap bears and confused traders hijacked the structure in 6th hrs into extension. Five hrs was good time to start correction but analyst see historical price and setup smart money created same impression but did entirely opposite. I have seen many structure in my life where move went into extension and extension. 3. For new followers , I Write this blog to make you stand on your own rather then to spoon feed by giving trade related advice what to do what not to do. Every thing related to trend entry sl and exit I already share one day in advance . If you can understand you can get all from chart. If unable to get then please make yourself ready by study and practice hard to come to basic level of understanding market. I have suggested level one of study many times in my previous posts. Any one can write in comment box regarding two book. Trader community will reply this query. My profession is trading not teaching In trading hrs I do not like to reply . So please maintain this decorum in this community. Trade Plan for next day. 1. 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 it out in 15 min time frame. If these two sign conditions are satisfied then price can go to green and pink lower zone. 2. On the contrary if price takes support at yellow dotted line then can go into extension. 3. Now if price reaches at lower pink and green zone and take support then chances to go price movement into consolidation mode. Even at this stage extension of whole move can be seen , In coming days till this zone is taken out in 1 Hr time frame. 4. If price takes out blue zone upper band in both 15 min and 1 hr time frame both the next target is green dotted line, where price can halt sometimes or can consolidate near it. Either to make structure to go up or down. Always remember conditions should be understood properly with sl then time your trade. Rest market will decide. YOGESH VATS. DISCLAIMER :- Any trading decision is taken by consulting your financial planner. This all for educational purpose.
NSE:BANKNIFTY
by yvatsji
35
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
WHY PRICE FIND MY LEVELS TO REACT SEE YOURSELF !!COMPARING MY YESTERDAY STATEMENTS WITH TODAYS REAL MOVE IN BNF. 1. The title of yesterday post "initial long trend started in bnf will it be moved further see." Why i gave this title is proved by today's move in bnf . In point no.1 {trade plan} "if price breach the lower solid pink line and do not come back in 30 mins then one should cover c/f long." Can you see the first sentence of first point {trade plan} was written about long c/f means I was confident that price is going to breach upside but nobody can write 100% sure .AS stock market is language of probability. Therefore, I always share conditions for trade. 2. Circled in green a hammer candle making micro zone , after that price gave good rally. I want to ask you all why in every chart which I publish price find my levels for reactions so precisely. Why I select those level in my analysis . Although many resistance, support ,zones are created by market. why only that levels which market like to react is selected by me. My profile is full of that posts more than 140 , proving every day consistently. Four days by technical fault I could not publish my ideas . How many of you were feeling uncomfortable doing trading. Ask yourself ? If any newbie has good basic knowledge of trades he/she can earn daily by understanding my conditions. And formulae is BASIC KNOWLEDGE + MY ANALYSIS = PROFIT. Many of you are earning, newbies can see comment box. There are many who do not write because of superstition. Condition are like light on track which save you to take right decision. I myself follow all my conditions . And by the grace of God rejected many offers in my life to sell my knowledge. Because nobody can provide me what stock market can with this sort of depth . Therefore, I tell regularly in my post to burn night oil If you want to make this your career. In nifty post I showed my protest not to even observe the move came two days back manifested last week. The effect I saw today when two of my followers , observed pink solid line in bnf .That is what I want every trader to observe the given levels in trading. Trade plan for next day. 1. As you can see the pink dotted line is taken out on both time frames. (1hr and 15 min ) so long biased should go on. But It doesn't mean bnf can not come down tomorrow If it come back for pullback trade by gap down opening or while trading. Then pink solid line should act as support. 2. If in any case price breach it and do not come back in same candle then possibility of range bound trade will emerge . And red resistance will act as range high . 3. If price open gap up in pink zone and do not show momentum to move up in first 15 min then c/f long should be booked here. 4. 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. In any case If price trade below solid pink Then long c/f should be surrendered . Always remember you can take re entry in same direction if you are right and volatility of price insist you to cover your position. Its okay. Re enter when price start to move in you direction. But never convert your trade into hope. Rest market will decide. YOGESH VATS Note. Trollers to satisfy your ego I accept that I can be wrong any day any time . And my suggestion is better to learn from my charts rather to make ego issue.
NSE:BANKNIFTYLong
by yvatsji
88
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
DOW DOWN WILL BNF GOING TO FALL SEE ANALYSIS !!COMPARING MY YESTERDAY STATEMENTS WITH TODAY'S REAL MOVE IN BNF 1. In point no.1 of trading plan what i mentioned quoting for your consideration ."last half hour buying may be deceptive.' Can you see now whole day was trending bear day. That is why I called it deceptive. In same point no1. I mentioned one more thing" red (arrow) is below pink if price do not break this condition of pink in gap up mode then you can see fall." Every day I shift green and red arrow to give clear view of trend . can you imagine yesterday I set red arrow just below the pink color dotted line and how confidently wrote If gap up opening is not seen then from red arrow you will see fall. On air panelist give direction sl, target in numbers but I provide only colored lines with conditions . There is no false breakout when my conditions are fulfilled. I gave you target of pink and red zone to book profit three days back. See price is near that zone. I slightly shifted pink line up ward for tomorrow move. yesterday day bnf took money from traders by trapping both sides for last two days. But today gave all back with bonus if you traded after first hr candle which i circled in pink with sl of slightly above pink dotted line. I traded same and ate all move. Yesterday did not trade watching drama today completed yesterday Profit too. This is how market works. 2. Traders please write your trade whether good or bad . Good trades will inspire co-fellow to work hard and bad trades with complete details will also help them by my replies how to take that trade. Yesterday two followers wrote about bad trades with detail how they took , I gave replies that will enhance your education towards market. When you write about bad that trades only then will be able to show the right path of this language. So write both trades in this way you all learn new things . Today circled candle show buying pressure and closed just below pink color that gave me information that buying is from weak bulls otherwise nest candle should be taken out from pink line but that did not happen .So with confidence I took that trade.every day I share practical things of chart with you always keep in your mind and practice on charts otherwise you will forget all. Trading Plan for next day. 1. See i made big green circle that is down trend If bnf clear this first condition which I am going to write then you can see price going to lower blue line. The pink and red zone is to be taken out then second condition blue line on down side in fig should also be taken out. Where I put red arrow. Then I will be bearish for bnf. After that treat all up move as pullback of down trend and use for selling. 2. On the contrary If price break green dotted trendline and full fill the taken out condition for this trend line with pink dotted line then I will be bullish. All short should be covered on satisfying this condition. Same for long when pink red zone is taken out then cover your long.pink red zone to blue line is no direction zone.so trade accordingly. for new followers attaching post of taken out and breach condition .Learn it otherwise you can not trade without understanding these. Note.Trollers I can be wrong any day any time I accept it I have no ego in it So your ego is now satisfied. Rest bnf will decide.
NSE:BANKNIFTY
by yvatsji
71
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
CREATING DEPTH BY HARD WORK IS KEY TO SUCCESS IN TRADING SEE !! COMPARING MY YESTERDAY STATEMENT WITH REAL MOVE IN BNF TODAY. 1. In point no. 2 quoting my words for better correlate with real move today "see bnf has not changed its structure to bearish mode .although it changed to corrective structure where it will trap both sellers and buyers till it do not take out green upper zone or green dotted line to down side." . You can see first candle opened slightly gap up but could not sustain and price came down to test red support where I circled yesterday hammer in pink. Trapping all bears price started to move up . One of my followers took trade of this bear trap move in upside his explanation is available in comment box. But my sight is for you all, is that as you all know my given level woks magically in market so I took that trade on long side by two logic's first yesterday trend reversal candle hammer on support and in morning it tested this support and started recovering by trapping . second risk to reward was good sl was low of hammer candle and target was green zone. Third the highlighted quote that market will trap both side. This recovery was the part of that statement. These three reasons gave me confidence to go for this trade. And you can see target achieved. 2. Now see short trade which I took with this logic. First three candles I circled in pink near resistance zone all had wicks that showing selling pressure gave me indication that soon sellers at zone are going to take control so I covered my long. And waited to go short with same logic that bnf is going to trap this time bulls. That already disclosed yesterday , you can see trapping both sides. I booked my positions at green dotted line. Can you imagine the accuracy of moves with levels . Even green dotted line provided support and market could not go beyond this level. That is why I gave tittle, if any one of you can put this sort of dedication and hard work , you also can match this level. So I always try to make you all motivate to put that much of hard work which is required to achieve this art. I can earn many more rupees to start subscription service by spoon feed to clienteles. But for struggling traders providing this free. Learn this art by putting their own hard work is my mission. I can guide you the path but can not teach neither I have time nor its my profession. Time to time I try to wake you up. Rest on you. 3. Take out any of my post all are full of these sorts of perfection even on scrip or indexes. For trollers I accept I can be wrong any day any time. So that your egos can be satisfied. I would request you(trollers) rather than to satisfying your ego, try to earn from market consistently by learning this art. 4. Many new traders are writing in their respective post that they earn today this much of point. I really appreciate their efforts of writing to motivate co-traders. Trading plan for next day. 1. As you know I work with conditions so I only change my sentiments when conditions are broken by price. So yesterday condition of upper green zone and lower green dotted line is still intact. So my biased is still of corrective phase no change in structure. 2. 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. 3. Lower side red and pink zone if it is taken out then Structure of upside side will start to change down but for that sentiment price have to take blue line out. Then I will be bearish on bnf. New followers for taken out condition attaching post in which I wrote in detail. Please follow it before understanding my work. 4. Last point If market takes out green arrow then My sl for upside would be green upper zone lower band. It means I will initiate long upper end of zone is only breached. This is the whole trade . Rest market is supreme. YOGESH VATS
NSE:BANKNIFTY
by yvatsji
53
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