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Bankniftylong

Banknifty Long (weekly)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 . Thank You 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:BANKNIFTYLong
by EntryandExit
HAVE YOU EVER SEEN PRICE DITCHING MY ANAYSIS IN 230+ POSTS ?Hi traders, My first video is for all my followers. Hope you will enjoy it and would be able to make money next week. 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 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
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
BANK NIFTY BREAKOUT FROM PARALLEL CHANNEL POSSIBLE?BNF is making fresh high in the last week. Lot of pundits in the market are bearish on Bank Nifty gains in the last week but the market is all more pushing itself up to new high. Biden Victory has added more fuel to market gapping up on 9th Nov over the parallel Channel respected in the last few months. Will this sustain or will we see a retracement? If it sustain above level, We can take a view for getting BNF back to pre-pandemic levels in the "short term" .
NSE:BANKNIFTY
by jashjacob
WHY HAVING TAKEN OUT I WAS NOT CONFIDENT ABOUT MOVE ?Hi Traders, 1. On 13 th Nov 2020, I wrote in my weekly blog about the green line taken out the condition and you can see it got fulfilled and gave Approximately 700 points is quoting my words of the statement in trading plan section point no.1" 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. " Though condition got activated and gave 700 points first time in last seven months I was not comfortable with the taken-out condition and wrote in my group about the false break out, but before fall it covered almost 500 points. First, I discuss action around the blue line, I circled in red hammer candle that gave a boost to the upside trend. Why in every post the marking I set for a change of direction works fantastically without fail with the help of taken out condition is a question which you should ask yourself and must find the reason for my marking by devoting time on the chart. Just three lines on the chart are enough to decide the direction of the price move. Now I discuss the reason why I was not comfortable though the price fulfilled the condition of taking out on the chart? See a white box, the candle showing loss of momentum took support on the green line whenever you see candle after taken out condition taking support is a sign of momentum loss. Do not try to find it in n book no book can mention this reading as it's purely my observation of charts in 15 years. Hundred of the house spends on charts. Next thing to observe today's market took support on the blue line that is why I mentioned a bounce in the group. As usual, my marking works magically. else you follow carefully. Many traders could not understand the reason for the bounce today because they are not good observers. That is their incapability of reading charts. This blue line is made two weeks ago still you could not see the magic of this line and beat around the bushes. 2. Setting the previous week figure to match with the current move. Trade Plan for next week. 1. 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. 2. On the contrary if the price takes out the blue line downside then a move can be seen to the red line. But be cautious after having taken out the blue line you have to put a strict stop loss because it can be false. Whereas If the red line is taken out downside in both time frames then a genuine downside move can be seen. 3. For new readers writing about taken out condition how it is being 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 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
26
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