Niftylong
I TOOK BREAK BUT MY ANALYSIS EARNED 960 POINTS SEE HOW?Hi Traders,
1. On the 10th of October 2020, I wrote in the weekly Blog of nifty in clear and crystal words about the movements of nifty for the coming days. As I had to take a break, therefore, I manifested the complete move for 15 days. That I prove you step by step see my first statement in point no. 1 of the trading section is quoting fas proof " See in the current fig I made a pink line as resistance If the price has to move up then it has to take this line up in both times frames of 1h and 15 min. It has to fulfill my condition taken out. there is one possibility in the next session it fulfills that condition without fall then this will be a trap for bulls. so trade cautiously." . Here in clear words, I mentioned if the price has to go upside that has to fulfill my taken out condition first. See carefully on current chart circled the first attempt in a white circle Made dragonfly and could not fulfill taken out condition. In the second attempt circled in pink made bearish belt hold and gave you 360 points straight to a given box in red color as support 15 days back. From that support gave straight 360 points again to pink resistance 15 days back. Here this time fulfilled taken out condition but with a twist made hanging man so obviously, that is false fulfillment of a taken out condition. The very clear price will fall and gave 255 points a total of 960 points approximately. shown in green arrows. I was not here to guide you straight forward but my analysis who followed my wordings earned this many points in 15 days. Have been proving consistently since my first blog on this platform without fail, what I manifest you see price following it.
2. The volatility by news could not go beyond my analysis that is in mind of traders not in my analysis. This is simply covered in two lines and one box. When you have depth in your analysis result will be in simple lines with such accuracy. I talked of the trap in my statement above in the first attempt that you saw in the third attempt. Price followed my statement but with a little twist. could not ignore trap as manifested so meticulously 15 days advance. In the second point of the trading plan section how clearly I mentioned for use of the box for buying is quoting for your consideration. " On the other side If the price does not fulfill taken out the condition and falls that would be healthy for the next upside move. use that fall for buying. A red zone is seen as a support zone this should be used for buying . Had anybody used my words for trading earned a lot of money from the market? This depth can e created only when one devotes his life to the stock market. IIf you have that potential you all can do it in your analysis. See why I made a red dotted line of the previous chart and put an arrow exactly below it, circled in pink price took support. Ask yourself why price bow on my levels? It nade morning star pattern there. Setting the previous fig. to compare with the current so that you could feel the real depth of my wordings.
Trade Plan For Next Week
1. As price made an evening star pattern on the red dotted line if the price has to change its trend to upside then the black dotted line has to take out in both time frames of 1 hr and 15 min. Aggressive traders can go long on 15 min but with stop loss. The target would be a pink line.
2. On the contrary if the price takes in both time frames downside then more fall can be seen. The metrological department can not deliver its forecast consistently correct but I try to give consistency in my analysis proving since the first blog.
3. For new readers how taken out condition works is writing for your learning. 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 in 15minsNIfty50 is bullish only above the Fibonacci level 0.786 at 12056, since the market witnessed a decent retracement today (21/10/2020) and pulled back till Fibonacci level 0.50 at 11954 it has formed a RISING WEDGE pattern the current point can act as a trend reversal and pull the INDEX down till 11800 to 11775
Key points :
1) Nifty has formed a triple Top
2) Rising Wedge (a potential reversal can take place)
3) psychological level at 12000
Nifty50NIfty50 is bullish only above the Fibonacci level 0.786 at 12056, since the market witnessed a decent retracement today (21/10/2020) and pulled back till Fibonacci level 0.50 at 11954 it has formed a RISING WEDGE pattern the current point can act as a trend reversal and pull the INDEX down till 11800 to 11775
Key points : 1) Nifty has formed a triple Top
2) Rising Wedge (a potential reversal can take place)
3) psychological level at 12000
NIFTY Double top formation- Falling towards support levelNIFTY is trading in a rising channel at around 12000.00 key psychological level and formed a double
top formation which is a clear sign of bearish trend. We can expect short term retracement towards 11625.00
which is a previous high turned support level and the next primary target would be 12400.00. If the 11625.00
level was broken then the immediate downside target would be 11405.00 which is a .50 Fibonacci level. From this
level we can expect bullish re bounce. For the past 05 trading days NIFTY was in clear bullish trend.
Give us a like if you found useful.
CAN YOU SEE THE DEPTH OF ANALYSING CHARTS IN SIMPLE WAY ?Hi Traders,
1. On 3rd of October 2020, I wrote in my weekly blog of nifty about the boom you saw in nifty in point no.2 of the trading plan section is quoting as proof of depth in precision marking with just two support and resistance in a very simple way without any indicator, not even volume. " On the contrary, if the hanging man is not activated then the pink zone will be taken out in both time frames only then initiate longs. This is how the direction will be decided." Here you can see in a crystal clear manner I wrote if a hanging man not activated then the pink zone will be taken out with such confidence that price will have to move upside. you can see the whole week it remained up. When I write my conditions, they are always with utter confidence because I manifest the whole movement in such a wave price has to react on my levels with conditions. Proving in every post. In every post, I prove my statement first then I give you the next plan. When this sort of depth, I try to provide you with your trading decision one week ago. With this sort of information, you can not earn then you need to think over it. where are you lacking? This is not in one post consistently I have been proving in all my posts on record for your consideration.
2. Why price does not go beyond my ranges which I provide yo consistently, is a matter of thinking? Analysts provide the levels and they are right sometimes but every post shows the price following your levels so consistently, you have not seen regularly. But here in my blog, you will see consistently without fail. That is why even trollers can not dare to write anything wrong as I manifest every move 7 days before it happens. They all get speechless when they see consistently this sort of performance. When I used to write my initial blogs, they tried but with consistent performance, they understood no flaw in my studies. Rather than criticizing, they became silent followers. This is how one should do his/her work with the perfection that the opponent gets speechless. When I write all these things not to glorify myself my depth will remain with me forever. But I want to motivate newbies that you also can achieve this depth in your analysis by regular hard work. just start moving in that direction. Setting the previous week fig for comparing with my current fig and my statement.
Trading Plan For Next Week.
1. See in the current fig I made a pink line as resistance If the price has to move up then it has to take this line up in both times frames of 1h and 15 min. It has to fulfill my condition taken out. there is one possibility in the next session it fulfills that condition without fall then this will be a trap for bulls. so trade cautiously.
2. On the other side If the price does not fulfill taken out the condition and falls that would be healthy for the next upside move. use that fall for buying. A red zone is seen as a support zone this should be used for buying. But if price takes out the red dotted line then this uptrend will convert into the downtrend. But it does not mean jump into the sell-side, wait for a bounce to come then sell.
3. For new readers writing the implementation of 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.
NIFTY ANALYSIS AS PER THE WAVE THEORY
This is the 12 Months chart we see 5 Wave Upward Impulse is complete;
We have gone in the Lower degree further into the Monthly chart;
The Lower Degree for the Monthly charts is The Daily chart hence we are verifying the Wave A (Monthly) in The Daily chart;
Here we see Wave A of Monthly chart is a Flat structure ( For reference please find out what is a Flat Structure as per Elliott Wave Theory)
Now Wave B (Monthly)
Generally Wave B, Wave 2 or 4 are complex wave where there are more than one correction structures formed;
This is a Type 2 Zigzag where Wave A or C atleast one of them has to be a Proper Simple Impulse (Where Wave 4 doesn't overlap Wave 1 area)
Here the Wave 4 was a Complex Correction which confused me the last time for a start of a Downtrend; but Leading DIagonals are also formed in Zigzags;
So we have the Wave 5 which is a 5 Wave Impulse Upward which will complete the Correction forming in Wave B;
So this is the Logical reasoning verified and explained Wave by Wave.
So we have two Conclusions here:
1). For Now this is a Long till Wave 5 is complete;
2). With the Completion of the 5th Wave the Wave B of the Monthly chart completes;
So we have a Flat structure formed in the Monthly chart which is 3 Waves for Wave A ( refer to Wave A of Monthly verified in The Daily ).
This 5th Wave confirms the Completion of the Wave B which is again a 3 Wave structure;
According to the rules of the Flat structure when Wave A and B are 3 Waves each and Wave B has retraced Wave A by more than 80%
So now there are two possibilities after the completion of this correction there can be an X Wave downward and one more correction;
There can be a downward 5 Wave Impulse giving us the biggest fall till date;
Will post when I have a confirmation ;
FOR NOW
I appreciate responses; both good and bad;
Happy Trading PPL
:)
Nifty Re-Crashall the market along nifty will crash upto 50%.
Hold on to cash.
and also considering buying 10 to 30 %
bitcoin.
After considering the debt level, the balance sheet of the most of bank,
and activities about the fed and RBI, and the insider information from central bank as well as some hedge funds.
I am coming to the conclusion tat not only nifty but most of the market around the world about to have re-crash.
Jay Hind 🙏
lets make India a superpower.
Nifty target 11360 and 11600 - Bullish Price took the previous support level and moves up strongly. First target achieved in a day's trade which shows how bullish the price is, so the second target of 11360 will be reached shortly and the ultimate target of 11600 will be reached within this week if this bullishness continues.
WHY I SET ARROWS IN FIG AT RIGHT PLACE FROM WHERE TREND CHANGES?Hi Traders,
1. On the 26th of Sep 2020, I wrote only one condition in the trade plan section in my nifty blog. That is quoting for your consideration as proof of price 99% changes its intermediate trend from these arrows. "If the price takes out the red zone in both the frames then the trend will change to the upside. On the contrary, If the blue dotted line is taken out then will see more fall." Here you can see price fulfilled the upside condition of taken out by gap up means earlier intermediate trend which was downside now converted to upside. Check my all posts all intermediate trends change from my arrows. This sort of perfection I share in my blogs to retailers. See the confidence in the previous fig, I put a red arrow just below the price traded in the last session. And price never came back to even test this level. How can I know this arrow is the point where the scene can change This is the level of confidence where I know from which psychological point intermediate trend will change. Earlier When I used to provide a daily view on indexes then I used to provide short tern psychological points from where short-term trend used to change,. The market moves in two trends intermediate trend and short-term trend both cases are perfectly pointed out consistently not some time but every time. With this concrete information of direction If you put little know-how to time, your trade can earn consistently. Many followers are earning and covering their losses, they write time to time for boosting the morale of others.
2. I do not put so much support and resistance to confuse traders because that shows my level of confidence. The more you use to support and resistance means you are less confident of these. In my analysis, you will find two to three support and resistance. The chart will be visible neat and clean and the price movement will respect my levels that have been proving in every post for the last six months. This sort of perfection can only be created by hard work so burn night oil. Setting the previous fig to compare with the current fig. so that you yourself could see the confidence of moves shared. Hoe they are manifested in reality.
Trade Plan for Next week.
1. See I made a pink zone where a hanging man is seen which is not activated yet, I hope soon it will activate by giving closing below the low of this candle. If that happens then the brown dotted line is expected to follow as the trendline. Means price would follow it, can beak but would come bach in the next candle till support of the red dotted line. In case the red dotted line will be taken out in both time frames 15m/1h then the intermediate trend will change to the downside.
2, On the contrary, if the hanging man is not activated then the pink zone will be taken out in both time frames only then initiate longs. This is how the direction will be decided. I hope you may see the gap down open in the next trading session. Stick to my wordings that will create discipline in your trading and would be benefitted.
3. 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.
CONSISTENTLY PROVING WHAT I MANIFEST YOU SEE LATER ON !!Hi Traders,
1. On 12th of Sep 2020, I wrote in my blog of nifty about this fall those who follow my words would be in great profit whether they would write or not but I prove in my statements quoting point no.1 of the trade plan section as proof of my wordings " I made one white support If a total no of two candles gives close to below this level I will surrender my long. I will not wait until the red support zone to be taken out" . See I circled in green the Doji candle took support on that white line and gave rally to upper pink & yellow zone. The point to be noted why I gave a white line as to make & breakpoint. Whereas the pink zone was already present there and you can see the first time took to support and gave rally. on the other hand, when broke this support free fall seen. Nobody can create this sort of perfection in any platform available in the stock market. Everybody will provide only a pink zone not the white line just below it. This proves the depth of knowledge you get in my analysis consistently without fail. The main thing is I manifest moves many days ago before they appear in reality. People are not able to manifest correctly daily but I provide you many days ago with confident marking. check my 215 + post when I put green and red arrows price never ditch my analysis rather obey my sketch. The words I use in my blog are full of confidence because I prove the move of the market way beyond one expectation.
2. I did not stop here even in point no.1 of the same section Is quoting as proof " See I made a red zone till this zone is not taken out on both time frames of 1 hour and 15 min my biased is for the long side. But when it is taken out I will like to trade in a downside with the target of white support. The red arrow is showing that support." In the above-highlighted condition, I told where I will surrender my longs and in this statement, I mentioned the target of the white support line. You would have read many blogs in your life, can show a single one where the move is manifested 15 days back and marked in simple lines and price following the outline consistently. I provide you with an authentic way. Many people are earning from my analysis some of then write with courtesy but some only interested in taking not giving back to society by raising the morale of newbies. Setting the previous fig to compare with the current one.
3. See taken out condition works 100% in trending moves but when it is sideways then the success ratio is 60/40. I marked a blue square where It got satisfied but triggered the sl of the breached candle. You can see after that price was sideways. But in green square price was trending so did not trigger sl and gave a good fall. So when you trade with a taken out condition always put sl it is an art that you have to learn with your own experience there I can not help.
Trading Plan for next week.
1. If the price takes out the red zone in both the frames then the trend will change to the upside. On the contrary, If the blue dotted line is taken out then will see more fall.
Yogesh Vats
Disclaimer:- This is an educational blog. Do not guarantee any move for trading.
Nifty Buy in Correction.
We have had Leading Diagonal as a WAVE 1; hence WAVE 3 will be an extended wave;
Now Wave 1 of WAVE 3 is complete and this is as per the Daily chart;
Now we are here to understand the Upward Correction forming in Wave 2 of WAVE 3;
Wave 2 will have a 3 Waves where Wave A is complete and is a 3 Wave structure so we are expecting the Wave B also to be a 3 Wave downward structure and then we get the upward Impulse; which we will encash;
So today 11400 CE for 1st Oct Expiry would be the opportunity;
It takes approximately 4 to 5 hours for one wave to complete according to the current market volatility; hence 1st Oct expiry is good for 11400 CE;
From 11400 CE starts the Wave 3 of WAVE 3; hence accurate exit is mandate;
Nifty - Hammer at lower band of channelNote: This is for educational purpose only.
There is a hammer at lower level of the channel which acts as as support. Moreover, as power of confluence, the lower band of channel is also coincides with the 21 EMA and there is a hammer at this level. However, RSI is 56 which is in neutral zone. Expecting a bullish move post 11700 level.