BANK NIFTY SHORT LEVEL
Flat Structure confirmed by Waves A and B now Wave C is forming which is a downward Impulse and here we will short once the Price reaches the Potential Supply area;
Wait for the Price to reach the Supply and then go for the Downward Strike Price where the Demand is drawn from there again we will see a RALLY;
Bankniftyshort
SEE PRICE & MY MANIFESTATION IN SYNC GIVEN ON OCT 2 !!Hi Traders,
1. On the 2nd of October 2020, I wrote in my weekly blog of bank nifty regarding the direction of the trend this week and quoting point no. 2 of the trade plan section as proof of my statement made one week ago, of real price movement. "On the contrary, If the price takes out the pink dotted zone upside then the price will see more upside." Here you can see the pink dotted zone when taken out in both 1hr & 15 min time frames it went north.In every post ask why the levels I set one week ago price follow religiously. When I write my wordings why they show so much confidence in price movement despite big volatility in the market? Where the next moment is uncertain. The same confidence has been proving since I wrote my first blog six months ago. More then 215 + posts every post is proving this confidence. The more you study, the more depth you create in your analysis. This is a continuous process. Many traders are earning by following my analysis comment box is full of these comments. Why I mention this because to prove to new traders if you study hard, you can earn daily.
2. Now see the red circle in the current fig that is hammer made on the lower end of the zone after that boom. This is the accuracy I provide in my every post. See in the first attempt taken out condition was not fulfilled. Later in the second attempt when a hammer candle was made the taken-out condition got fulfilled in both time frame and boom. setting the previous fig for matching my statement with this and current fig.
Trading Plan for next week.
1. I made a pink color resistance line if it is taken out in both time frames then you will see a small up move. And the price would come below the pink line. Technically 27 Ema will act as support first time and will provide a weak bounce. This will be broken in this week and convert uptrend into down for a few days.
2. If this price takes out a green support line in both the time frame then the uptrend will convert into a downtrend. But one should not short the market at this stage whereas one should wait for any bounce then shorting will be good as compared to the risk-reward ratio. Both arrows showing the direction only.
3. I feel the price will remain range-bound between the upper and lower limit. For new readers taken out condition is as follows:-
Taken out condition works in the two-time frame combination for daily( 4 hr + 1 day) analysis. Similarly, work for lower time frames is also a two-time frame combination. For intraday trades 1 hr with 15 min. For taken out condition price has to complete in both time frames. Aggressive traders can take that side position in a lower time frame with the stop loss of breached candle low. In both the time frames given line is breached by a candle that candle high is to be breached by the next candle and close should be above the previously breached candle. This is how taken out condition is being implemented.
Yogesh Vats
Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.
Banknifty Short I hope you can now see how Banknifty represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
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.
BNF HAS CHANGED ITS DOWN TREND TO UP WHAT NEXT?Hi Traders,
1. On the 25th of Sep 2020, I wrote on the blog of bank nifty is quoting as proof that same is seen this week. ". On the contrary, if the yellow trendline which is not breached in 15 days is taken out in both time frames then the uptrend will start." Here if you see carefully price fulfilled this condition on the very first attempt circled in pink but could not move up as trapping bears one complete day but on the contrary, the yellow line is not taken out even once downside on both time frames. This is the beauty of the market sometimes fulfilling conditions on the upside it gives the impression of reverse sentiments. This is the second time in my analysis journey of the last six months, I gave inclined trendline condition generally I provide horizontal line conditions. Why because they create less confusion but this sort of line creates much confusion. As this time price created this condition so I gave it to you. I know very skilled traders can handle this only those who see price behavior so minutely printed on the chart. As I have already mentioned above price did not fulfill the downside criteria of taken out. Therefore, the price could not move down.
2. Between week I gave clues to my group that one candlestick pattern has been formed which has decided to the direction of the market and is intact. Many people gave me various candlestick patterns no one could talk about the pattern in the red circle except one, who also could not catch in the first attempt but in second. This pattern is a bullish belt hold. People;e want to earn money from the market but unable to put required hard work. They might be thinking that I might belong to ages mentor who imparts education through their belief of technique. Yes, because what they want only spoon-feed and I am totally against it. I am your well-wisher who just wants to impart genuine skill to you in form of hard work. What are you giving to me... nothing? I do not expect anything from you. Except for your hard work. More than 2700+ followers No one could give me the correct answer. This is how you people want money without hard work . You are used to dependent upon tips. That is why tips seekers do not get their material from me only genuine seekers are earning and recovering their losses.
3. One thing to be noticed when I use my red and green arrows 90% times price doesn't go below the red and move above the green. In 10 % it violates then taken out condition gives you confirmation. people earn money from my analysis, they stick to my words and write truthfully for newbies to boost their morale. That should be the spirit of a genuine seeker who also thinks for others. No selfish attitude. Setting a previous post for matching my statements.
Trade plan for next week.
1. As usual see the red arrow showing if the price stays below this level for 30 mins then one should leave positional longs and confirmation will get when taken out condition get activated in both time frames.
2. On the contrary, If price takes out the pink dotted zone upside then price will see more upside.
3. I made a pink rectangle which shows price fulfilled the condition of taken out in both time frames but the candles were too big to put sl of the breached candle. So setting stop-loss is a bit difficult as risk-reward will not favorable. In this case, use a lower time frame to put sl.
4. For new readers taken out condition is as follows;-
Taken out condition works in the two-time frame combination for daily( 4 hr + 1 day) analysis. Similarly, work for lower time frames is also a two-time frame combination. For intraday trades 1 hr with 15 min. For taken out condition price has to complete in both time frames. Aggressive traders can take that side position in a lower time frame with the stop loss of breached candle low. In both the time frames given line is breached by a candle that candle high is to be breached by the next candle and close should be above the previously breached candle. This is how taken out condition is being implemented.
Yogesh Vats
Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.
15DAYS BACK INFORMED WHAT HAS TO BREAK TO GO UP AND DOWN SEE HOWHi Traders,
1. On 12th of Sep 2020, What you have seen in form of fall was clearly mentioned in terms of conditions with using specific words to authenticate my statement quoting from point no.1 of the trading plan section " Now If the price has to move up then this yellow trendline with pink resistance which is just above the trendline has to be taken out in both time frames of 1 hour & 15 min with the target of the white-green zone" Here you can see I clearly mentioned if the price has to move up then yellow trendline has to be taken out. See how perfectly price respected my condition did not dare to breach even a single time. in 15 days and you saw a fall. can you imagine how confidently I described the yellow trendline condition why I was so confident for this line is an art. you all must work hard to attain this perfection. I did not stop here in point no.4 of the same section. I clearly mentioned that support will break then the structure will change is quoting for your consideration ." news can change the structure if the price goes down from the support of blue and red zone.
2. If you see fig of 12 Sep, I marked the red arrow for the downside exactly at the magic support and the green arrow exactly at resistance from where the up move had to start. I was damm clear from where up move will start and the downfall will start. Had anybody just stuck with my analysis you can imagine how much one could earn in positional trades. Please take out any post in 215+ where I sketched the market move and price did not respect my levels of course with my conditions. Proving in every post in every line. Several times I wrote stick with my words in analysis nobody can stop you in making a profit from the market. Because I manifest the whole move in advance so many days ago. Setting 12 Sep figure below for matching my statements highlighted above with current fig.
Trade Plan for next week.
1. I marked in a pink circle showing how perfectly my levels work every time. See downside red line is made if it takes out in both time frames of 15 and 1 hour then you will see the price going to lower blue trendline.
2. On the contrary if the yellow trendline which is not breached in 15 days is taken out in both time frames then the uptrend will start.
Yogesh Vats
Disclaimer:- All information is shared for educational purposes, not for trading. Trading should be done by consulting from your Financial Planner.
BANK NIFTY SCMP 23,650
DOWN SIDE 1st TARGET : 22,600
Downside 2nd TARGET 22,115
Downside 3rd TARGET 21,240
Disclaimer: Iam not SEBI Registered, before taking any positions to contact your financial advisor,
Iam not responsible for any Profits or Losses, whatever Iam providing here is the purely educational and informational point of view
WHY I DID NOT PROVIDE SUPPORT IN BNF ON SEP 5 ?Hi Traders,
1. On the 5th of Sep 2020, I did not provide any second support why? If you see the fig of that day analysis, I provided only one red color support not second. Old followers know when I manifest the move of the next trading session or week I always mark two support and resistance in my fig. This is the first time when provided only one. If you see the current fig, you will find that price broke it and even satisfied taken out condition but it made zone with a blue color line and moved up. Quoting point no.2 of the trading plan section which shows bearish for the time being not expecting this down all will be completed near this red support. "Now price structure has become negative for time being." Here I was not expecting more fall that is why I started this point with the above-mentioned line. Later in this point, I gave the mentioned taken out condition.
2. See in point no. 1 of the same section what I wrote is quoting for your consideration ". In fig, if you see the yellow trend line showing you the sign of future trend had you interpreted in this way. See support zone providing support but yet trendline is acting as resistance means till the price does not move above this line any long should not be opened. If you use little logic with any of my analyses you can see the direction."
Here Thevsupport zone of last week white and green was acting as support and the yellow trendline was acting as resistance see in down fig setting for matching my statements. Price could not cross the yellow trend line and moved down.
Trading Plan for Next week
1. With the movement of price this week I changed the angle of the yellow trendline that is why it came down. Now If price has to move up then this yellow trendline with pink resistance which is just above the trendline has to be taken out in both time frames of 1 hour & 15 min with the target of the white-green zone. In any case, price does not fulfill the taken-out condition on this zone then it will consolidate here for some time. That range will be green white upper side and pink lower side.
2. In any case, taken out condition gets fulfilled then the orange line will be a target. If the price did not consolidate in the first point given range then it will consolidate between the yellow line upside range and the white-green zone as the lower limit.
3. blue trendline above is taken out in both time frames then the top pink line is the target. One consolidation phase will be seen in any of the two ranges mentioned in fig. So better not to trade it because it will take your earning back.
4. Here again not providing any down second support as not expecting more downside. But any big unexpected news can change the structure if the price goes down from the support of blue and red zone.
5. For new readers taken out condition is mentioned in the attachment. Please read it carefully before entering into a trade.
Yogesh vats
Disclaimer:- Providing this information as an educational purpose only. If you trade on this explanation that is your responsibility, not mine.
BANK NIFTY SHORT (WAVE 3) THE DREAM OF EVERY TRADER
We have a complete analysis in our previous Post, I was waiting for Wave 1 to complete; Its verified Wave By Wave and Now Wave 2 is forming which is a Flat structure; Wave A and B are almost complete; Wave is the the last Impulse and then we get the MOST AWAITED WAVE 3in downward.
BANKNIFTY Short I hope you can now see how BANKNIFTY represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
BANKNIFTY FUTURE SELL OFFBank Nifty Future has seen sell off from Channel Resistance technically, where some negative news has added the spice to the bears. For the September Series 25270- 25300 in the strong resistance and Strategy to sell on the rise should be the plan (CMP 23775) if Bank Nifty Future Closes above 25300 we may see BN again entering bullish zone.
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.