Niftylong
NIFTY COMMENTARY by Kiran WEEK 21, WAITING FOR CRASH? 🤣🤣🤣Hi Friends
Last week I mentioned NIFTY will give the chance for both buying and selling. It has exactly happened like that.
Now lot of traders thinking of crash in the market like last march. But this is what exactly needed for rally. But on the safe side, look at 14k number on nifty, ONCE IT BRAKES 14000 THERE WILL BE BLOOD BATH.
So, at this point of time I will consider this is as buying opportunity, to ride the rally.
This week I will go for option 1, BUYING OPPORTUNITY.
Your humble trader
KIRAN
If you liked my analysis, just give me thumbs up or comment, it will boost me to analyze more stocks.
follow my profile for new trading ideas (kiransunku2016)
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The five conditions I watch regularly are.
1. BUYing opportunity
2. BUY hold
3.Wait for trend confirmation
4. SELLing opportunity
5. SELL hold.
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SEE THE WEEKLY PLAN OF NIFTY 18-23-01-2021 EARN MONEY !!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
Nifty weekly commentary by Kiran * Bubble rally* WEEK 20Hi friends,
2 months back itself I called this rally as bubble rally when nifty is still hovering around 12500. We are now in midst of it.
I also called JERK for one day four weeks back. Exactly on December 21st there is crash of 3 percent.
WHAT IS LEFT ON PLATE TO EAT in this rally.
We will get one more Jerk in coming two weeks because of new strain of corona virus from USA.
Grab that opportunity
I will go with option 2 which is BUY AND HOLD.
YOUR HUMBLE TRADER
Kiran
Nifty Gapup Trading StrategyOm Namah Shivay
It is a safe gap up trading strategy. Levels are provided on chart.
Only for education purpose and learning. No trading suggestion provided.
How to set the target ? Experience, this is for educational purpose.
How to trade in lower timeframe if market is moving faster ? Experience, this is for educational purpose.
Om Namah Shivay
End Game 😣😭Why Market will 60% crash Till Dec 2021 ?! 😯
1. Overvalued ,High PE ratio🙄
2. Real Economy is down to toilet but Financial Economy is booming 🤔
3. Unsustainable Debt to GDP😫
4. Covid is spreading faster with mutated Virus 😨
What to do??!
1. Hold Cash ( that's what warren buffet is doing right now)🤔
2. Buy Gold and Silver ( Buffet hate Gold but first time in history he is buying the Gold 🧐 )
3. Buy Bitcoin (not more than 10 %) 😌
NIFTY COMMENTARY by Kiran WEEK 19, ABOVE 13,000-bubble rally?Hi friends,
The market is in full josh. So I will go with option 2nd buy and hold.
see you next week.
Your humble trader
KIRAN
If you liked my analysis, just give me thumbs up or comment, it will boost me to analyze more stocks.
follow my profile for new trading ideas (kiransunku2016)
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The five conditions I watch regularly are.
1. BUYing opportunity
2. BUY hold
3.Wait for trend confirmation
4. SELLing opportunity
5. SELL hold.
--------------------------------------------------------------------
WILL NIFTY CONTINUE ITS MOVE UPSIDE OR MOMENTUM IS LOST ?Hi Traders,
I am setting the snap short of the current analysis for those who need to see proper levels of m marking. And Writing the Taken out condition to understand about it. 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 the taken-out condition, the 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. in.tradingview.com
____Yogesh Vats
Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.
CHART TELLS EVERYTHING IF YOU HAVE THAT INSIGHT SEE YOURSELF!!Hi Traders,
1, On the 21st of November 2020, I wrote in my weekly blog on nifty about two lines with the same condition for each line in trading plan section point no.1 is quoting for your consideration as proof of my statement. ". See in fig I made a black line as resistance if it is taken out in both time frames of 15 Min & 1hrs then you would see price moving upside and crossing the white line, you would see momentum in the move."
Here you can see once the price took out in both time frames and crossed it gave you the app 250 points in one day a yellow color line showing you that momentum. even after a gap up the whole day. Earlier I used to ask why all levels I mark so reactive that price needs to give reaction from them in my previous post. Since I stopped giving them. Now I ask you why I put only two lines very near with current price action and when taken out condition gets activated you see the momentum on that side. This is what every trader should achieve her/his analysis.
2. Now I talk about the technical insight to see charts as your lesson, see a pink color circle showing a bearish belt hold in the opening of price in the next session. clear to show you the power of the black line marked in fig and one-hour kept price downside, once opened could not dare to make another high and second hour too down. But the second-hour candle is Dragonfly Doji which took the support of 27 Ema means to absorb selling and the third candle was bullish did not touch Doji candle low proving any sellers pending and took the price again to black line whole day.
But until now taken-out condition did not activate. Point to be noted had belt hold to work then instead of dragonfly any bearish candle should support there but that was not case so odd is to upside. And same happened price reached the black line and the next day was a gap up the opening with the bullish candle of one hour is conformation to initiate long without hesitation to the next level of imminent resistance. See I marked a bearish candle with a red circle and the next candle was a big bearish candle had this candle appeared after the bearish belt the trend would have changed. If you extract information about price behavior like this then your insight will develop to see the hindsight.
3. I make a white rectangle showing a cluster of the bearish candle showing weakness. Setting the previous fig to compare with the current to check my statement proved above.
Trading Plan For Next Week.
1. In fig I marked a green line if it is taken out in both time frames of 15 min and 1 hour then you will see the upside.
2. On the contrary, If the red line is taken out in both time frames then the downside. If it happens then I would suggest surrendering any long side positional trades because the whole week price will remain low from the high made this week.
3. For new readers writing taken out condition how it is being implemented. 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 the taken-out condition, the 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.
NIFTY CHANGED ITS MOVE LAST WEEK SEE HOW ? WILL IT CONTINUE ?Hi Traders,
1. O 7th of Nov 2020, I wrote In my weekly blog on nifty is quoting to understand the move of last week. " A blue line is seen in fig. if this is taken out in both a time frame of 1-hour and 15 min then you will see further move but I would not be convincing from that It might travel 150 to 200 points ultimately trapping bulls will come down." Here I was expecting an up move of 150 to 200 points more, the black color line showing the almost 200 points, the sentimental change point. This blackline had to start its downtrend if you see carefully exact after a gap up opening a perfect upside candle was made taking the support of that point circled in red. This is the time where one has to change her/his biased to the upside. Had I been the daily blogger of yestertime, I would have been updated that change of sentiments. This is the classic example to show you how and when I change my sentiments to the opposite side. As I was expecting a trapping move and then 300 to 400 points fall. I have said many times that Whatever the levels I mark on the chart are so reactive and indicative that anybody can get the right direction if seen carefully. This time it did not change the trend rather gave you a big upside pressure candle. you just need to see it carefully. Ask yourself why all marked levels work so fantastically? Why I choose only those points for my analysis where information is always crystal clear. Else you have that insight.
2. Setting the previous chart for comparison with the current chart so that you can compare my previous statement with the real move.
Trade Plan For Next Week.
1. A green line is made upside which if taken out in both times frames 15min and 1 hour will give you more upside move. On the contrary, it could not take out then get ready to see range-bound trade to redline, if the price does not take out red line downside in both time frames.
2. In case the red line is taken out downside then you will see a fall.
3. For new readers writing about taken-out conditions how it is being implemented. 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.
Nifty50 is forming LOWER LOWSNifty is forming a lower lows and there can be a pull back as per the pattern and the Fibonacci level which is mentioned in the chart.
the pull back can sustain only on intraday time frame and not for the swing for upside.
therefore 11770 to 11800 will act as a crucial zone to decide the market movement since 3rd November 2020 is the US election.
post election market can be very volatile and move on either side