Hi Traders, As usual, I provide the next plan for next week. Many traders earn from the analysis you also be one of them if you strictly follow every instruction shown in the plan and going through the details of execution through video. the link has been provided in the comment box. Yogesh Vats
Bank Nifty View for Monday 4 JAN 2021
Hi Traders, As I gave you last week's trading plan for this week , the price moved the same as discussed last week. This is the snapshot of the plan discussed in my video. Link is given downside to see the detail of this picture. _Yogesh Vats
Watch for breakdown, if it crosses the trendline
Targets Shown by Bold Lines: 1. T1: 30350-30400 2. T2: 30000 Resistance @ 30950-31050 Extreme Target (T3) @ 29400 CMP @ 30880.95 Trade Taken: Bought 30300 PE, 31st December Expiry @ 85, CMP @ 81 NOTE: Post Only for Learning Purposes.
banknifty can give a good breakout as the 30800 is a very prominent resistance, This is how a good resistance looks like
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...
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...
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...
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...
Banknifty might face Crucial Resistance on 12/11/20 ...
Bank Nifty has taken a double bottom and tested 0.50% of Fibonacci level on a 15 mins to 1 hr time frame, rest is explained in the chart with the marking
Reasons :- 1. Daily time frame shows back to back green candle (retracement needed) 2.1 min time frame rising pattern breakdown. 3.Facing resistance 4.Rising wedge pattern (High probability of giving a break-down) Caution :-!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 1. Victory of Biden can have a bullish impact on the markets. This is my view and, lets hope for the best.
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...
Bank Nifty has reached the earlier given target ( Fibonacci level on long term view 0.618 ) and now its time for a reversal trend. Anything above the current level is purely a STOPLOSS HUNTING. The next strong bullishness is only above 26958 Rest is explained in the chart with the markings tagging the previous chart down
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...
bank nifty break 23900 support as i consider that break consolidation range....and my view turns bearish... 24300 is resistance for intraday.. if break and stay above with 15 min candle and follow threw then only i will considar bullish view ..... because its a swing high...Lower high now its possibilities that break 23600 as trend is down trend and can go down...