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Nifty Analysis for expiry day 14/08/2020We have heavy call addition at 11350 and small put addition at 11300 which sum up to heavy call at 11350 which will act as resistance for tomorrow and 11300 will be make or break level. Important level for tomorrow will be 11355 11300 11237 11100 Personally my view will be little bearish for tomorrow and will : Intraday : sell nifty future near 11350 level with small SL 11365 Positional : sell nifty future if its breaches 11237 with SL 11300 take target as per you R:R ratio. for me R:R is 1:2
NSE:NIFTYShort
by Rahulnirwan
GIVEN TARGET ON 25TH JULY ACHIEVED IN NIFTY TODAY WHAT NEXT ?Hi Traders, 1, On 25th July 2020, I gave the target of the green dotted line is achieved today with such perfection that selling came exactly from that line is quoting as proof of my statement in point no.1 of a trading plan. " the pink dotted line is now next taken outline if it is taken out in both time frames then the green dotted line is next target. Aggressive traders can take a position on the long side when one condition of 15 min is fulfilled but with the stop-loss of 1 hour breached candle. Always put like this for aggressive traders. I prefer to let the position satisfied both times then go on that side." Here you can see what you see today was manifested four days back when the price was in the range. See I circled in red a Doji candle showing you exactly the level achieved and then gave you selling. There are so many supports and resistances in the chart but I give you only that where the price is eager to react tremendously since my first post on this platform. This is a question of thinking? 2. See the perfection of all lines whether pink, white, and green all work so nicely that I am controlling them. The feel is that I made these lines much before the move setting a previous chart for authentication of this sort of price action. I believe in consistency of strike rate, not some times hit, sometimes miss. Proving in every blog. Just to get you all motivated that you also can do this by putting hard work to learn this skill. green circles are showing perfect support and are showing resistance. 3. See the condition was fulfilled in both time frames, as nifty has more strength than BNF, therefore price remains in a trending mode. The result after the condition achieved price hit the target. But in case Bnf condition achieved price do not hit the target immediately as it is in range-bound mode. One should know to trade in both modes. Have been shared in many posts. 4. Let me take an educational query from the comment box this will also enhance you knowledge to understand candle stick many of you are going through the recommended books. Sir sorry again bothering you during trading hours. Below query is for educational purpose as shared in TG channel as well: " Dragonfly doji in an uptrend. if high of breached candle breached this candle but close it below its high is a valid pattern and price should move down" Is this statement valid in Nifty intraday today as this candle we see as hourly not daily. yvatsji 3 hours ago @wadhwaamit4, if a dragonfly is closed above-breached candle high then it's valid as taken out condition, prior next candle should not close dragon fly low. Trade Plan for the next session. 1. I made a pink solid line If price opens gap up and sustain there for 15 min to 30 mins and then come down and breach it by giving closing below it then price can show you more fall. On the contrary, If the price opens gap down and then breaches it upside by giving closing above this line then price can go range-bound for sometimes. 2. If the green dotted line is taken out in both time frames then white upper line is the target. 3. If price takes out the lower pink dotted line in 15 min then uptrend will convert into a downtrend. Rember nifty is more strong than BNF. For new readers writing about taken out condition 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. 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:NIFTY
by yvatsji
22
ON JULY 21 CAUTIONED ABOUT RANGE BOUND SAME SEEN WHY?Hi Traders, 1. On the 21st of July 2020, in point no. 2 of the trading plan I clearly wrote the possibility of range-bound trade is quoting as proof of my statement ". If price open gaps up and does not sustain in 15 min come back to the pink line then it means the price is going to range-bound in the coming hours between the pink and red dotted line. " Here you can see price opened gap up and did not sustain come back under pink line and later on in three days remained range-bound yellow line showing this move. Can you imagine nifty remains in this phase three days already manifested four days back? If a trader is having this much information then trade can be easy just by seeing small - small clues price provides. 2. The first clue on July 22, price opened up and could not sustain by making a Range candle many of you are not aware of this concept, this time price gave me the opportunity to discuss with you. To see the effect of this information. I quote one statement of the previous post in point no.1 of trade plan " I made a pink line to move to the green dotted line it has to be taken out in 15 min time frame only. Because the white line is already taken out in a 1-hour time frame. Now the days market is moving with a little different style. That is after taken out condition it goes into range-bound trading." Here this statement clearly shows if the market takes out in 15 min the whole day price did not take out the pink line on July 22, in this time frame. Plus I was talking about a different style of market. i.e after taken out came into range-bound trade by triggering sl. Range bound candle was a clear indication that the pink line is not good for taken out condition. The new resistance is the high of range-bound candle would be used as taken out condition. Had I updated my post the next day, You would have got that information. As you know with my engagements do not find the time . 3. I circled an uptrend in green then market made range candle not taking out the low of this candle even took the support of white line shows price is going into range til high of this candle is taken out. Same seen in price action later on for three days. I saw some comment traders considering still the pink line for taking out. That is because I last four months this type of case was not seen in price action so how could I discussed earlier. Today I showed this classic example in detail. so that this sort comes in future you all candle it. 4. Now discuss the stop loss for the taken-out condition assuming for while that pink line is actual line fit for this. See candle no. 1 breached the pink line then my sl would not be the low of that candle. It would be the candle showing some buying pressure that is the previous candle. And you see price haunted the low of this candle and resumed its an uptrend. So always remember stop loss will not be exact low of that candle you need to provide some buffer of some points. This stop loss should be used by positional traders. Intraday traders once put the stop loss of previous candle low then trail it. I know after discussing in such detail there will be few traders who will not put his efforts to understand it rather will ask some low intelligence questions. Because of putting their own efforts. Setting the previous fig for your better comparison of my statements with the current one. Trading Plan for the next day. 1. Since I shared how the taken-out condition changes with range candle so the pink dotted line is now next taken outline if it is taken out in both time frames then green dotted line is next target. Aggressive traders can take a position on the long side when one condition of 15 min is fulfilled but with the stop-loss of 1 hour breached candle. Always put like this for aggressive traders. I prefer let the position satisfied both times then go on that side. 2. On the contrary, if white line is taken out on both time frames then red dotted line will be the target. If you get brown color Ema above the red dotted line then it will be the target. 3. If green dotted line is taken out in both time frames then white upper line will be the next target. For new readers, I write taken out condition which 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. YOGESH VATS Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.
NSE:NIFTY
by yvatsji
27
PINK TARGET ACHIEVED IN NIFTY WHAT NEXT SEE IN ANALYSIS?Hi Traders, 1. On 14th of JULY 2020, I mentioned in point no.1 of trading plan section is quoting as proof of my statement consider the conviction of this point ."One yellow line is made if this is taken out in 15 mins then the price will move to the white-green zone. Otherwise down move will continue to blue dotted line downside." Here you can see generally I mention two condition for taken out concept but this time I wrote only one condition of 15 min. And priced reached white green zone on July 15 . See the level of perfection could not take out price beyond that zone almost 2 hous after reaching that level. On same level in last hour you saw big bearish candle. Why in every chart the levels I provide you react so accurately react, is matter of your thinking. 2. Next day July 16 , Since starting of session till end this shared zone three days back was not taken out . On July 17 price opened gap open and took rally from same zone. This is the level of manifestation of moves three days back. On 3rd hour of this day price taken out this zone and gave you rally to pink zone. For your consideration setting July 14 fig where pink line was alredy marked and you can see that level was acheived on third dayof trading. All levels shared and complete trade was manifested in well advance of these moves. Experienced analyst can not predict consistently all moves of market but here you get regular performance of this level. That is why I say BASIC KNOWLEDGE + MY ANALYSIS = PROFIT 3. There are good educational replies in every post comment box genuine seekers should see all of them. Setting last fig . to better understand compare with current fig. below. Trading Plan Of Next Session. 1. The pink line condition of 1 hour is not satisfied by price so I will wait to see this condition activated only then I will go long with target of the blue dotted zone. 2. In any case If price open gap up near blue dotted line then see price action price, can come back to pink line. So I will not try to trade near blue dotted line till I get clarity. 3. If the market once completed taken out condition at pink line and reached to the blue dotted line and comes back to pink line and takes it out on 15 min time frame then I will leave my longs. The red arrow shows that condition. Green arrow shows the condition of taking out for pink line and target. 4. In any case, price takes out blue dotted line in both time frames then white line is my target. For new readers I write taken out condition so that they can understand what is meant by it 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. The rest market will decide. But like to maintain my strike rate every time with great great confidence. YOGESH VATS Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.
NSE:NIFTY
by yvatsji
34
NIFTY CONSOLIDATION WILL BREAK WHICH SIDE UP OR DOWN ?Hi Traders, 1. On the 8th of July 2020, I stated in that post is quoting for your consideration in point no.4 of the trading plan " See I made a white circle showing a morning star pattern that took the price to the upside is breached today. Means nor taken out condition was fulfilled in two days trading nor a morning star is valid. So hight probability prices will move down to the red and green zone." . Here the two given conditions are not fulfilled at any side price moved sideways two days. But quoting purpose is tow show how I switch my sentiments with price behavior in statement I said that it would be highly possible to move price in the red and green zone. Since price remained range-bound not fulfilling any condition but now that probability is changed. That I will discuss in the trading plan column. Trade plan for the next session. 1. In the previous post, the price was expected to come down to the red-green zone the red line is replaced with a blue dotted line. To better understand I set the previous fig below. Now it is less probability to move the price to the green line. If the price takes out a white red zone in a 15 and 1-hour time frame then it can move to a lower blue dotted line. If this condition is not satisfied then the price will resume its uptrend. 2. Now uptrend will have to take out the pink line in both time frames. Then the next target will be the upper dotted line. 3. chances to see whipsaw move at the white dotted and red zone. That will be a clear signal for longs. 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:NIFTY
by yvatsji
28
NIFTY WAS WEAK THAN BNF FOR LAST TWO DAYS READY FOR DOWN NOW !!Hi Traders, 1. On the 5th of July 2020, I posted my analysis on nifty wherein point no. 1 of the trading plan I mentioned is quoting for your consideration " If the market opens little up near the blue line upside then see price action whether in the next 30 mins is it coming down or not. If the price is coming down then can be the first sign of changing trend to down and later on range-bound." . You can see the price opened the next day up and fulfilled the condition of upside without moving down. You will not see some line in the current figure as not needed now. To prove my statement setting below that day figure so that you can compare it with current and my statements. In point no.3 of trade plan I mentioned is quoting for your consideration " If price takes out upper blue line in 15 min time frame then aggressive traders can open long with an entry on a small time frame. The target would be the white upper line. Always remember to see a 1 hr time frame also as you know long can only move up when this time frame condition will also get fulfilled. " . You can see that the mentioned condition was fulfilled and the price moved to the white upper line. This is a dot to dot manifestation which I provide you in every post all record is available in my all post 180+ in my profile ideas. Not in a few posts all post whether in stocks or indexes. 2. Many people who seem to be suffering from schizophrenia and live in their egos could not digest the sort of accuracy and my work to make every struggling trader stand his own in this market without charging a penny from them. Since they are suffering from the above-mentioned ailments live in their own world. As their mind is chemically imbalanced. They are such blind fools who never see I write the move first, one day prior to the actual move with all support, resistance, and zones with accurate conditions. And the next day my first job is to compare my statements with the previous day. Even Highlight my quotes with proof still because of chemical imbalances of their mind write in comment box illogical and abusive words. To them Did I open your buffalos from your house? If not then do not show your standard of writing and thinking to us. I do not call you to read my blogs. But I know the chemical imbalance insists you read every word of my blog because without that you people can not sleep. This the achievement of my work which forces you to track every line of it without following me. You do not have the potential to write your own blogs and show consistent results. That makes you in-comfortable. So please go and get checked yourself at the psyco doctor. Trading Plan for the next session. 1. Today I will provide some light on the concept of taken out conditions with examples because I still feel many traders do not understand it properly. This is the base of my analysis If you want to understand my work and want to earn daily then understand it properly. This is the first time in the last three months where the market had different structures in nifty today. And gave me the opportunity today to discuss with you. See in the current figure above as I told you my target is a white color line in the upside. Price reached there and in two days of trading could not fulfill taken out condition in a 1-hour chart. But in the 15 min chart, it fulfilled. As you all know taken out condition is activated when both time frames validate it. See in fig I marked 1 on the bullish candle which breached the white line but that day price could not give any close above candle 1 high. So that day not activated. For aggressive traders, I showed stop loss to go long in the green line. This is the low of the previous candle. There is no hard and fast rule to put stop loss at previous candle it could be the same breached candle depending upon the size of the candle. If the breached candle is big then stop loss will be the same candle if it is the small than then previous candle. 2. In 2 marked candle price also breached white line the next day but after that one bearish candle made high but closed below the high of breached candle 2. In this way taken out condition was also not fulfilled the second day. But here the ref candle was changed in next attempt the price has to take this bearish candle high to fulfill breached candle. This happens in the case when prices make a range around the given level. In the case of a trending market as you have been witnessing for the last three months only breached candle high is sufficient. 2 nd candle long stop loss for aggressive traders are shown in green. For 3 rd candle stop loss is also shown in green. This is how taken out condition works when price become range-bound near any given level. 3. For new readers mentioning taken out the condition for your reference. 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. 4. See I made a white circle showing a morning star pattern that took the price to the upside is breached today. Means nor taken out condition was fulfilled in two days trading nor a morning star is valid. So hight probability prices will move down to the red and green zone. 5. In any case, the upper pink line is taken out upside in a 1-hour time frame then the trend will change to upside. Right now it is deep retracement till red and green zone is not taken out. Red arrow showing downtrend and green showing uptrend from these areas. 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:NIFTY
by yvatsji
37
IS NIFTY EXHAUSTED AND READY FOR CORRECTION SEE YOURSELF !!Hi Traders, 1. On 1st July 2020, I mentioned in point no.1 of the trading plan is quoting for your consideration. " when triangle candle high is taken out by any candle in the next session on a closing basis then taken out the condition will qualify. the stop loss will be low of red color triangle candle on a closing basis." You can see that high is taken out and price rallied to blue zone upper band. That target I mentioned in point no.3 is quoting for your consideration. "Upside red dotted line is a target if takes out in 15 min time frame then the blue line is the target." .You can see this target was mentioned two days back and it achieved on 3rd July 2020. This is how I manifest my trades. Proving in every post. I am setting below the previous post fig to understand manifested move easily with current. 2. All targets, all moves, all conditions are manifested so precisely that if anybody follow strictly with small use of logic, ca earn on a daily basis. Many traders write their good and bad trades in the comment box of all posts. Some of them help giving instant advice and hide many new traders to learn this language of stocks. I am highly grateful to them for being part of this Nobel cause. Trade plan for the next session. 1. In fig, I change some lines, time to time you all should also set the same in your charts. If the market opens little up near the blue line upside then see price action whether in the next 30 mins is it coming down or not. If the price is coming down then can be the first sign of changing trend to down and later on range-bound. 2. The red dotted line is breached and the price does not recover in 15 mins the position along should be covered. Any small pullback from white Ema used is to short bnf getting entry on a small time frame of 5 min. 3. If price takes out upper blue line in 15 min time frame then aggressive traders can open long with an entry on a small time frame. The target would be the white upper line. Always remember to see 1 hr time frame also as you know long can only move up when this time frame condition will also get fulfilled. 4. The pink and green zone will as a support zone. Nifty might be range-bound If the upper condition is not satisfied. 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:NIFTY
by yvatsji
19
Nifty 10480-10680 cab be the range for near term.Nifty - 10630-680 zone looks important to cross for further upside. I feel market will consolidate within the range of 10480-10680, before making a decisive move in either direction. Looking the chart will give you an idea of how these levels are reached at. Holding 10562 is important for short term uptrend, it is PDL as well as low of hanging man pattern that nifty has made on daily charts on Friday (July 3). RSI divergence can be seen easily, on daily charts. I advise extra caution as long as it is not nullified or materialise. Below 10480, 10444, 10372, 10304 and 10260 can be seen. TRADE WITH CAUTION, preferably utilising some low risk strategy i.e. combination of futures and options. It is important to carry due diligence and consult some expert consultant before taking a position in financial markets.
NSE:NIFTY
by ipuneet
NIFTY IS RANGE BOUND WHICH SIDE ARE CHANCES TO BREAK OUT SEE ?Hi traders, 1. Let's compare my previous statements on 25th June 2020, with today's real move. I mentioned in point no. 1 of trade plan is quoting for your consideration "If price takes out red support line with white trend line in 30 min time frame then short can be initiated with the target of green-blue lower end of this zone. Tomorrow can be trending down day if next condition in point no. 2 gets failed .'" You can see white trendline was taken out but red support was not. This how is how conditions are manifested with the formations os structures keeping in mind with choosing perfect support and resistance. Sice price could not take out red support. so obviously it has to move up. Same happened. To make you better understand the statement with real move I set the previous post fig. You should compare both figs with the highlighted statement. 2. Trading is simple and full of logic else you know the unique language. People make it complex by adding indicators and many more automatic setups still can not earn consistently. Because they themselves do not believe in hard work and not ready to burn night oil. But they want money from market. How ridiculous approach for the market. I try my level best to make trading easy for new traders and struggling traders who can not earn profit consistently. If you follow my charts with conditions and read the books I recommended with lots of hrs practice, You can stand in this market your own. Previous losses can be recovered. Just put your sincere efforts. I suggest every trader to share good and bad trades. Why so that I can correct their flaws in trading and others can learn reading questions and replies to correct their trading style. Hard work is yours and the results will be yours. Trading Plan for Next Session. 1. I made three green circles to show you the red color support reacting so perfectly that it helps to understand the price movements correctly. trading in upside will be easy. For this side, the condition is of the upper green line. If taken out in 15 min time frame then the price will move to the red dotted line . in case this line is taken out in 15 min then blue upper line is the target. Green arrow showing this condition from the green upper line. 2. Those who are new and not aware of taken out condition please follow below para:- 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. 3. Downside condition will implement when price takes out blue support line on 15 min chart and then 1 hr. Then downtrend will resume. Red arrow showing from where the condition has to be applied. 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:NIFTY
by yvatsji
13
Nifty - RSI divergence seen - Look for 10095 - 9980 There is something worthy of noticing w.r.t. the rising channel Nifty is moving in and RSI divergence, this time. 1. While the Nifty has made a higher top, RSI has failed to do so. This RSI divergence is seen after a long time, as RSI is considered as a leading indicator, this can't be ignored. 2. Nifty has not touched to resistance line of this channel this time too and the gap between recent top and resistance line is visibly higher than the last time it made an high (8th June). Important levels can be seen on chart, 9840 is important to hold for a medium term prospective. Keep an eye on this rising channel, sustaining above the support line is of significant importance. It is still a bear market rally, (if and) once this support is gone, we may see a steep fall. Today is a derivative settlement day, markets tend to move in bigger ranges on such days, in my opinion it will be better to square off or hedge long position today and initiate short side trades on rallies. I always discourage trading using naked future or option positions, risk defined or low risk strategies are much better alternatives available to all traders. You can write to me over private chat on tradingview or other popular social media mediums using for such strategies. Please remember to carry due diligence and consult your financial advisor / consultant before taking any position in the markets, utilising leveraged products.
NSE:NIFTYShort
by ipuneet
1
WILL NIFTY CONTINUE ITS RALLY OR READY TO MOVE IN CORRECTION !!COMPARING MY YESTERDAY STATEMENTS WITH TODAY REAL MOVE IN NIFTY. 1. In point no.4 I mentioned is quoting for your consideration " if upper blue is taken out by gap up then pink zone upper end is my target." .You can see price opened slightly gap up and took support of same blue line where it took resistance for two candles shown in green circle. This process is called resistance converting into support. And you can see pink color zone upper band target achieved. I visualize the move in my mind and eyes then manifest conditions . Its on price which condition its selects to perform. Everyday one thing is to be noticed that when condition is validated by price you see that side move on contrary if it gets failed you see other side move . There is no if and but after validation or gets failed. Means no fake breakout no confusion . That is the characteristics of magical conditions. 2. Today trade was simple in nifty as compare to bnf once resistance turned support trade was quite visible with the help of selected condition Everyday many traders write their good and bad trades in all post whether of indexes or stocks . The ratio of profitable trade is far ahead than non profitable. Bad trades are due to non understanding of condition or bad timing of risk to reward. Even I also learned many things form traders when they explain their trades. My advice is for genuine seekers who rally want to learn this art ,they should visit all posts comment box to see educational questions and replies that will help you understand more in terms of trading. Traders reasons of entry exit are also good part of learning . This way you can create edge helping each other . Those who follow me on twitter , They should see all back psychological clips on trading by scrolling my profile . If you have seen all once go to read next after 15 days so that the psychology explained in form of clip make you remind are you using it in your trading or forgotten just by once reading. See these are trading psychology where I shared my own experience not copied by anyone. When you attain that level when things get feel ,only then can be shared in form of experience. when you have depth of that feel only you can describe with correct words otherwise not. So read them twice in month. slowly -2 all will be part of your subconscious mind and you will be able to take edge in trading. Time to time I add new trading psychology. TRADING PLAN FOR NEXT SESSION. 1. See I made a white and blue lower zone If price stays in this zone then chances to move up to blue colour zone lower band . In case price breach and do not recover in 15mins inside this zone then chances of take out this zone will increase . 2. If price consolidated near( both sides)of this zone for sometime then chances to break down will increase. on the contrary if price consolidate by breaching it only one time and rest of time remains up the chances of going up will increase. 3. If price break it and go down to white ema and come to red line above then chances to be range bound will increase if red zone is slightly breached . And price come down in same candle . On the contrary if price move from ema to this resistance and cross it with momentum then price will move upside then no if and but. 4. If price open gap up at blue zone lower end and do not sustains in 15 min then trend will change to down side but that will later on become range bound. 5. I will surrender my longs If price get rejected from red line and start trading down. After breaching white trend line Pl do not take short It might be false break out wait price fulfil taken out condition. Hope all conditions are clear . Rest market will decide. YOGESH VATS
NSE:NIFTY
by yvatsji
26
EVEN TODAYS MOVE CAN BE RANGE BOUND MOVE SEE HOW?Since I did not explain in my yesterday post so nothing is available to compare with statements. 1. As price did not go in long covering area so those who are positional long need not to cover their positions. In this fig I deleted that area. A trendline in white and a support in same color is visible in fig. Let us discuss the importance of these two lines. 2. Since price did not take out blue line , Infact nifty took resistance here for two hrs circled in green. Showing every level is so perfect to give trading idea. Either exit or entry , every trader should use for this purpose with sl. 3. If white support is taken out with condition of 15 min then long should be covered for intraday trader. On the contrary If trend line is taken out in 15 min then positional long should be covered. Red arrow shows down move as range bound leg not trend reversal . 4.If Upper blue is taken out by gap up then pink zone upper end is target if momentum is good then can go to green line. Follow conditions if you will relax them then get ready to pay in bad trades. New followers understand difference between breach and taken out. that is must to understand any condition. so visit 14 may post in my profile and read carefully that is written in detail. "Market has friendship with my analysis". Rest price will decide. YOGESH VATS
NSE:NIFTY
by yvatsji
26
NIFTY IS DIRECTION LESS TAPPING BOTH SIDES COMPARING MY LAST WEEK STATEMENTS WITH THIS WEEK MOVE. 1. In last week point no .2 what a perfection of manifestation of move is quoting for your consideration. " lower blue zone can change whole game by supporting price and rally from this zone takes out green dotted trend line." Can you see price after gap down open took support from same lower end of blue zone zone and changes all game by touching green trendline not shown in this fig but in previous one. The word I used will provide support and can change whole game. You can see a big rally. Not even a single follower pointed out this perfection in comment box next day. Either they were busy in making money or do not read chart carefully. Even thanks is big to write where I am providing all this without any expectation from your side. Perhaps when things are available so easily then people take everything granted. 2. Can you again observing all three days move took support and resistance where I marked my lines. 3. Now tomorrow trade is on chart marked everything which I tried to manifest. I will not explain since you all have been watching my charts for last three months are in position to understand what I want to say. 4. For new followers excuse me for this today, tomorrow onwards I will explain . Rest is market will deide. YOGESH VATS
NSE:NIFTY
by yvatsji
28
IS NIFTY GOING TO CHANGE ITS TREND TO DOWN SEE YOURSELF !!COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE TODAY IN NIFTY. 1. In point no. 2 What I said is quoiting for you " a red dotted line is breached today have been waiting for last many days. but now it has to complete new conditions. first it should take out red support line where I put red arrow for down side if do not fulfill til i am bullish." You can see that condition is still valid. Nifty could not take it out . 2. For tomorrow trade If red support is taken out then I will be bearish on nifty. On the other side green arrow pink color band upper side is taken out then pink line will become my sl for long but I will initiate long when green line is breached. 3, The area between red line and white dotted line is no direction zone. so if red support is taken out then will take short trade with sl of pink band lower side with the target of white dotted line. But wont go long if white dotted line is not taken out till price again cross pink band lower side. 4. Trade in red to white dotted line range can be tricky as said directionless area. follow conditions strictly . Rest market will decide. YOGESH VATS
NSE:NIFTY
by yvatsji
11
NIFTY AND HER TANTRUM FOR BOTH BEARS & BULLS SEE HOW ?COMPARING MY PREVIOUS STATEMENT WITH TODAY REAL MOVE. 1. In title of post I mentioned "nifty in final leg of impulse wave. soon correcti on." It does not mean final leg was today. What I mean to say very soon in coming one or two days it can complete that leg. Til now no traces of completing it. So some of the traders taking impression of change in trend today's fall can be deceptive.In my point no 5. of previous post I mentioned that green upper line can be last move for nifty . And you see It fell near this level. In every chart I show this magic of support, resistance and zones. My whole study provides such perfection in level where index or scrip reacts.That gives me confidence to manifest whole move one day before happening. Proving in almost 110 posts. It does not mean you start thinking that I wrote in last post reversal is done. Until and unless price fulfill my conditions of reversal pl do not consider it. 2. A red dotted trend line is breached today have been waiting for last many days. But now it has to complete new conditions. First it should take out red support line where I put red arrow. For down side if do not fulfill til i am bullish. 3. On other side green upper zone has to betaken out for upside move. In between two ranges nifty can consolidate for quite some times. So trade with the mentioned conditions in mind. Follow them strictly . Next target of upside is red line. It might be the real point to reverse this move. Remember this this green can also be reversal but fulfill the lower condition.In range bound trades book your profit as soon as possible. Rest market will decide. YOGESH VATS
NSE:NIFTY
by yvatsji
9
WHAT DOES LAST HOUR SELLING INDICATE IN NIFTY SEE YOURSELF!!COMPARING MY YESTERDAY STATEMENTS WITH ACTUAL MOVE TODAY. 1. In previous post on nifty I mentioned very clearly in trading plan point no. 1 is quoting for your consideration. " blue line resistance is your target. but take it seriously it can change whole trend ". You can see in fig when price reached there till 4th candle first candle high was not breached. 5th candle breached first candle high but came back with great force.This is the power of zones,resistance and support I try to provide every day. You can see in statement I it is written crystal clear about reversal. Why every day I manifest same happens next day. Ask yourself. 2. In point no.2 of trading plan. I talked about one condition " if blue line is taken out then can go more long side. otherwise need to be caution at blue line." See carefully First candle breached blue line but in whole day taken out condition was not fulfilled. And nifty fell down in last hour of trading.This is the power of education . Every day I insist you all to get this power by putting lot of hard work And start with my recommended book first. Many more will read in later stages. Practice with charts giving lots of hours. I maintain my consistency that has been proved since I wrote my first blog on this platform. 3. Now see first hour candle this is shooting star candle not activated till 6th candle. Even other side did not lose its significance as no candle closed beyond its wick. That you have been reading in steve nision book which I recommended to start with.So with 6th candle close it is activated now for down side. But here is one thing to notice that My condition of red dotted line for last so many days is still valid. 4. To show shooting star power if strong bears entered at this stage then they should break red dotted trendline as well as red solid horizontal line with taken out condition. Only then trend will reverse to down side. Otherwise on trading outside red dotted trendline it can go into range bound trade. 5. Long can be initiated when price take out blue resistance and short condition is already mentioned. In between no trade. Rest market will decide. YOGESH VATS
NSE:NIFTYShort
by yvatsji
29
AM I CHASING NIFTY OR IT IS CHASING ME SEE YOURSELF THEN DECIDE COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE TODAY. 1. In previous post point no. 1.trade plan " since price is in red box it can down or consolidate for quite sometimes then if crosses red zone next target is pink box. " This is what I shared with you all. you can see in fig price opened gap up from red zone and travelled to pink box . And spend almost four hrs in box. I ask all of you pl send in comment box your view . Am I chasing price or price is chasing me? To attained this accuracy I worked 24/7 14 years . so I say to all genuine seekers please get up and burn night oil. Make chart your friend. Market Respect hard work. He reward with plenty of money. Else you should know how to play in market with smart money. What ever chart I try to publish ,I try to attain this precision . I can be wrong any day any time. But I like to maintain my accuracy. Trade Plan for next day. 1. See in fig I made a red zone I feel nifty can visit here If this is not taken out then nifty can be range bound between pink zone and red zone . On taken out red zone either by gap up or while trading in day yow will see white dotted line next target. 2. One green support is below red zone is taken out then nifty will resume down trend. Right now nifty is in upward structure so chances are to move to white resistance in day or two. 3. If range bound then you can trade both sides keeping strict stop loss. only when it is near support buy on other hand near resistance then short. This can only be done when nifty make some range . Otherwise this will not work. Rest market will decide. YOGESH VATS
NSE:NIFTY
by yvatsji
35