COMPARING MY TRADING PLAN OF YESTERDAY WITH REAL MOVE TODAY. 1. Before I stared this blog, I want to discuss some genuine problem which I am facing with new followers. See I published my ideas for all my followers. Sothat you all can be motivated in trading those who want to make career in stock market and earn from this.To make you familiar with this unique...
COMPARING MY LAST STATEMENTS WITH TODAYS ACTUAL MOVE. 1. In yesterday post i told you that structure is incomplete so unable to give correct direction. let it complete , but gave you two moves one in white and second in red. Bnf followed white move still incomplete upper part may be followed tomorrow. 2. As already mentioned that trade will remain range bound...
COMPAIRING MY YESTERDAY STATEMENTS AND TRADING PLAN WITH ACTUAL MOVE. 1. YESTERDAY I WAS EXPECTING RANGE BOUND TRADE AND PRICE WILL MOVE UP AT AFTERNOON . BUT NEWS IMPACT OPENED MARKET UP AND THEN WHOLE DAY RANGE BOUND TRADE. IF WE LEAVE THE GAP UP PART ALMOST WHOLE DAY BNF SPEND IN TIGHT RANGE. 2. GIVEN GREEN BOX AS TARGET YOU CAN SEE AFTER GAP UP AND COMING...
COMPARING OF MY YESTERDAY STATEMENTS WITH TODAYS MOVEMENT IN BANK NITY 1. YESTERDAY I SHARED THAT CARRYING LONGS FOR THIS DAY. SEE BNF OPENED ALMOST 400 PTS GAP UP. MY RULE IS SIMPLE WHEN I GET THIS OPENING IN FORM OF GAP UP OR DOWN I WAIT FOR 5 MIN CANDLE EITHER TAKING SUPPORT OR TAKING RESISTANCE . I BOOK MY PROIT . IN TODAYS CASE SEE CANDLE NO 1 TOOK...
Risky traders can long in the first half of the day with targets as mentioned on the chart follow up trade Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Dhiraj Singh Bais Warrior @ Battle field
Bank nifty has formed a Evening star doji and ready to re-test the falling wedge resistance which now acts as support and move till 20600+ down
LEARN HOW TRAPING IS DONE BY INSTITUTIONS BY OPENING GAP UP AND DOWN WITH YESTERDAY PLANING TO TRADE. 1. IN THE FIRST POINT OF YESTERDAY PLANING SECTION , I SHARED THAT TILL PRICE DO NOT BREACH GREEN TRENDLINE BNF IS IN IMPULSE WAVE. SO IT OPENED GAP UP. SEE IN PINK CIRCLE COMPLETE MOVE IS TRAPING OF BULLS. WHY I AM SAYING THIS TRY TO UNDERSTAND THE LOGIC. IN MY...
Frist half of the day, if support held can go long for targets mentioned on the chart. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Dhiraj Singh Bais Warrior @ Battle field
Nifty Bank in Pressure and high chance to touch the channel's support, and if it breaks it will re-test the channel again and come down more
Watch the levels as mentioned Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Dhiraj Singh Bais Warrior @ Battle field
As per my analysis, BANKNIFTY if breakout above (19300 - 19400), One can see an uptrend in the BANKNIFTY. If BANKNIFTY breaks the lower thin support of 18776 (approx 18700), One can see a down trend in the BANKNIFTY. Technical Analysis shows: Resistance 1: 19300 - 19400 Support 1: 18350 - 18450 Support 2: 17150 - 17250 AVOID TRADING WHILE BANKNIFTY IS NEAR IT'S...
All levels mentioned on chart. Be careful in case of gaps.
All levels mentioned on chart. Be careful in case of gaps
Hello Fellow Traders, Today we have witnessed yet another bearish movement due to various factors including but not limited to Corona Virus, Oil Crash and many other factors. Currently, the market reaction is entirely based on global cues and news events and rational/technical aspects of stocks are entirely off the table. So, rather than depending on the...
Hello Fellow Traders, During these highly volatile times(due to corona), We doesn't know what direction the market moves. We highly expect it to move downwards, but to our surprise, it may move upside, which has happened TODAY. Thus, trading should not be a guessing game. It has to be based on the overall market sentiments. How the overall trading community is...
BANK NIFTY Possibly Head & Shoulder Trade Plan Resistance stands tall around – 20703-21061 Going Short would be a good idea We can expect a lower levels as mentioned on chart as Targets. Be quick in booking profits as we may reverse and continue north from the Targets. Above mentioned targets will form a base for upward journey of #Bank Nifty towards 23219...
Hello Fellow Traders, I have created a trading strategy on BankNifty based on Market Internals - Advance/Decline Volume and TICK These Market Internals, also known as Breadth Tools helps in identifying the overall market sentiment. Just doing some technical analysis on Price action doesn't provide good results. Price action along with Volume gives a meaningful...