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Niftyfutures

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
AGGRESIVE BULLS ARE BEING TRAPPED IN NITY FOR LAST 8 SESSIONS!!COMPARE MY YESTERDAY STATEMENTS WITH REAL MOVE IN NITY. 1. In point no3. yesterday I gave you target of white lower dotted line in down side. See the pefection of this level. Aggresive bulls took entry by confirming this micro zone with red band of upperside. That has been maniested yesterday. In point no.4 I showed you green dotted trendline with the instruction of breach is intact , therefore, nifty ready to move down on monday. Point no.5 momentum can be seen on breaking of this line . That is why you did not see momentum in movement of price. Point no6 due to corrective structure opposite side move be frequent. see the entry of aggresive bulls making tail to this candle.This is how one day prior sketch was filled with exact price moves. 2. Now come to monday trading session I expect gap down open that i will confrim in my sgx nifty analysis. With the target of pink support line. If you see on lower white dotted line the entry of aggresive bulls two times. why I say this . Had they been strong , they would have taken price up to upper micro zone. That could not happen , therefore , are aggresive bulls. But this time novice aggresive bulls plus those who shorted at top some week bears booked their profit. That gives me impression this time price will break down without any more try upside. Let us see will this happen on monday or not. 3. Condition for breaching of green trendline will be valid as shared in last post. Rest market will decide. YOGESH VATS
NSE:NIFTYShort
by yvatsji
9
Nifty - it is a falling window indicating further downside.Nifty is in a clear downtrend, the positive news of economic stimulus and resuming commercial activity could not help it retain higher levels. Daily RSI is at 47, which is the lowest levels in past 14 days, MACD though above the signal level, but receding histograms are indicating weakness, crossover can be expected in comming days. On 9EMA on 21RSI system, it is in sell on daily as well as two hour charts. Day's candlestick pattern is a "falling window" after a gap down opening, it indicates continued weakness. Look for the levels mentioned on chart and trade accordingly. As always, I would advise trade using spreads or strategies only, trading in financial markets can be risky, consult your financial adviser before taking any positions.
NSE:NIFTYShort
by ipuneet
SGX NIFTY IS AT SUPPORT ZONE HOW WILL IT EFFECT NIFTY !!COMPARING MY LAST STATEMENTS IN SGX WITH TODAY ACTUAL MOVE. 1. Yesterday in point no. 3. I mentioned that untill and unless a green trendline is breached nifty can go down with the target of red zone . But it breached in morning that is why nifty did not show big fall. 2. yesterday in sane point no.3 I also mentioned that when price will reach at red zone a trend revesal will be seen see same is happening . i circled that reversal in pink color. Price breached lower end of zone and came back in same zone. This is called breach not taken out. I made this diffrence clear in detail in bnf post see example. Since one and half months I posted 73 post that was my starting to share with public. Can you take out any post where i missed my target. i want you all to do hard work burn night oil to learn this skill. 3. See hammer candle with buying pressure is at zone and gives revesal imformation of previous trend. I showed one dotted yellow line with price and second dotted line with decreasing voulme. This gives me imformation of divergence. It means this up move can test the lower band of zone in morning. If test become sucessful then revesal will confrim, then long position can be initiated. If low of hammer candle is breached then down trend will continue. 4. Effect on nifty is that if test is confrimed then nifty wiil not fall in morning, otherwise it will fall. As per my feeling at least in morning chances are less to fall. Mr. X when you asked me in afternoon to short bnf and carry I refused because this reversal was expected This was one of the reasons. Hope you all would be learning daily new things in market. Those who follow me on twitter, I sahre psychology of market so that, with analysis this concept would also be cleared . Rest market will dcecide. I can be wrong any time any day. But like to maintain my strike rate. Yogesh Vats
NSEIX:NIFTY1!Long
by yvatsji
2
Wait For A Trade Come to You. Don't Rush, Don't Chase The PriceWe should not buy the 1st dip in the morning today, Nifty trading around 9390 which is the previous swing high. Nifty still has room to go towards 9260-9175. There is a Gap to be filled at that level. Trading requires a clear trading plan and trade management. So here is a clear trading plan. Entry Between 9200-9250 Stop-loss 100-125 Points away from Entry Price. Target 9700 Risk/Reward 1:5 So it's wise to wait for 9260-9175 levels and go for a long position. Remember, this long position will again be in the counter-trend. The primary and intermediate trends are still down. And on the daily chart, we are having a counter-rally. Also, don't forget it's May 2020. I know you may have heard many times SELL IN MAY AND GO AWAY. It is very much likely that nifty may resume the primary downtrend and continue to fall. But that must not restrict us to take the calculated risk even in counter-trend. We already achieved 1:6 Risk/Reward or 588 points in the previous trade. That was also a calculated risk in counter-trend. Wait For A Trade Comes to You. Don't Rush, Don't Chase The Price No trade is also a good trade. Thanx.
NSE:NIFTYLong
by Equity-Earningz
NIFTY SEEMS TO BE STONG BUT BNF IS WEEK WILL IT DRAG NITY DOWN!!COMPARING OF YESTERDAY STATEMENTS WITH NIFTY TODAYS MOVE. 1.I SHARED WHITE SOLID LINE ON FRIDAY , MONDAY PRICE TOOK SUPPORT AND TUESDAY GAVE 160 PTS GAP UP OPENING. BUT COULD NOT TAKE OUT WHITE DOTTED LINE . AS MENTIONED YESTERDAY LONG CAN ONLY BE INITIATED WHEN DOTTED LINE IS TAKEN OUT. RATHER PRICE BREACHED SOLID LINE SUPPORT. SECOND CLUE OF WEEKNESS , FRIST WAS GAP DOWN OPEN ON MONDAY. GREEN CHANNEL LOWER BAND WILL SUPPORT IS HAVING LESS CHANCES . 2. WHITE AND RED ZONE IS HAVING MORE CHANCES TO BREACH , GERNALLY CHANNEL SUPPORT AND ZONE SUPPORT ARE BREACHED BY GAP DOWN OPENING. SO CHANCES ARE QUITE HGH BUT IF MARKET OPEN FLAT ABOVE GREEN CHANNEL THEN SHORTS SHOULD NOT BE INITIATED TILL PRICE MAKE SOME RESISTANCE AREA WHILE TRADING. NOR LONG CAN BE INITATED TILL WHITE DOTTED LINE IS BREACHED. 3. ON BREAKING CHANNEL DOWN , BLUE COLOR LINE IS FIRST SUPPORT . THAT WILL BE ACHEIVED TILL FRIDAY. SEE STRUCTURES ARE CHANGED WHEN SUPPORT OR RESISTANCE BREAK. SO ARE SENTIMENTS CHANGED. A GOOD TRADER NEVER STICK WITH ONE SENTIMENT. IF STRUCTURE OF PRICE IS CHANGING , SENTIMENTS ARE CHANGING. 4. STRUCTURES ARE CHANGED WHILE TRADING. SINCE I TRADE IN BNF SHOW YOU EVERY DAY HOW SENTIMENTS ARE CHANGED . TODAY POST OF BNF IS GOOD EXAMPLE OF THIS. REST MARKET WILL DECIDE. YOGESH VATS
NSE:NIFTYShort
by yvatsji
7
FRIDAY NIFTY ANALYSIS & ITS EFFECT ON MONDAY SEE HOW?COMPARING OF NIFTY SATURDAY ANALYSIS WITH TODAY MOVEMENT 1. IF YOU REMEMBER ON FRIDAY'S POST WHICH WAS WEEKLY ANALYSIS, I SHARED BEARS ARE GOING TO BE TRAPED. IN FIG I SHARED A WHITE SOLID SUPPORT LINE AS ENTRY POINT. SEE TOADAY'S CANDLE ,IT TOUCHED EXACT SAME SUPPORT CIRCLED IN YELLOW . I WAS EXPECTING THIS POINT TO COVER IN 1 TO 2 DAYS. BUT IT COVERED VERY FAST. SINCE THIS IS ENTRY POINT IT DOES NOT MEAN AS SOON AS IT TOUCHES WE JUMP INTO BUYING. HERE TOMMOROW SEE AN ENTRY SETUP ON 60 MIN CHART. I SHOWED YOU 1 HR CHART FOR TRADE SEE AGAIN WHERE I ENDED STRUCTURE MOVE TODAY MOVE ENDED EXACTLY SAME. 2. A DOTTED LINE IS MADE AS FIRST RESISTANCE IF IN ANY CONDITION EITHER GAP UP OR WHILE TRADING THIS LINE IS TAKEN OUT, NOT BREACHED THEN LONG MOVE WILL BE CONFRIMED. I YOU FIND ANY BUYING SETUP IN LOWER TIME FRAME THEN BOOK YOUR LONG AT THIS RESISTANCE. 3. I FEEL NIFTY WILL SPEND 1 TO TWO DAYS BETWEEN SOLID WHITE AND DOTTED WHITE RANGE. 4. IN ANY CASE SOLID SUPPORT WHITE LINE IS BREACHED AND PRICE DO NOT COME BACK IN 15 TO 30 MINS THEN LONG SENTIMENTS WILL CHANGE TO SHORTS. PERHAPS TOMMOROW WILL BE RANGE BOUND TO SLIGHTLY BULLISH DAY. REST MARKET WILL DECIDE. YOGESH VATS
NSE:NIFTYLong
by yvatsji
5
Short Nifty Risk/Reward 1:5 | The Budget Short Squeeze is OverShort Nifty 12025 - Stop-loss 12162 - Target 11340 Risk/Reward 1:5 We have often seen the Market making big moves to the opposite side of an unfavorable event. The Rally after so-called disappointing Budget is such an example. The majority of traders considered the Budget as the trigger for the further downside. But Market rallied taking support at 200 SMA at 11630 to 12160. Those Who shorted on the budget day market didn't give a chance to cover short and rallied more than 500 points. Nifty and Banknifty Weekly option is highly traded instruments. A lot of traders buy puts and write calls in weekly expiry. But The Weekly expiry after the budget was not favorable for put buyers and short sellers. They got squeezed in weekly expiry after the budget. Market Rallied till the weekly expiry and after that giving up gains on Friday and Today, suggesting short squeeze is done.
NSE:NIFTYShort
by Equity-Earningz
19