Get started

Niftylong

NIFTY flag pattern observed!| Bounced from 11400Nifty - Technical Analysis: -Nifty gapped up today but closed at 11421 below the opening price at 0.2% -Nifty saw resistance around 11450 but took support at 11400 and bounced back Market - Driving Factors: -Zee Entertainment, GAIL, Bharti Airtel, Tech Mahindra and Maruti Suzuki were among major gainers on the Nifty, while losers included Bajaj Auto, Nestle, ONGC, Coal India and Wipro. -Among sectors, IT, pharma and FMCG ended with in the red, while buying witnessed in the banking & financial, energy and infra sectors -Indian rupee opened higher at 74.69 per dollar on Wednesday versus previous close of 74.76, amid buying seen in the domestic equity market. Nifty - Outlook for Thursday, 20th August: Nifty saw a good gap-up in the morning but erased gains during the final hour. Flag pattern is being observed where NIFTY took support twice around 11400. We could see a good up-move when it breaks out of the flag to 11500.
NSE:NIFTYLong
by Algokart
1
NIFTY LONG ANALYSIS WITH REASONINGAnyone predicting the market would be lying at this point, we can all speculate but things are pretty uncertain with Nifty at the moment. But considering we're in uptrend, either it should touch 11300 and break the new high or touch 11300 and then fall. also, on 1 hour TF there was a triangle pattern which broke in positive end to support this hypothesis. In both the case our target should be achieved. I am not as confident with this trade as I am with most of my trades. ( you can check all the other Ideas most of them went exactly as we planned )
NSE:NIFTYLong
by AakashKale
Nifty buy on dips :)I hope you can now see how Nifty represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:NIFTYLong
by EntryandExit
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
BLUE TARGET ACHIEVED NOW WHAT NEXT IN NIFTY SEE YOURSELF ?Hi Traders, 1. On 10th July 2020, I mentioned in my blog of nifty in point no. 1, of a trading plan, is quoting as proof of what you saw in two days has already manifested two days back in form of support, resistance, zone, and conditions for trades. " 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." . Can you pay attention to the wordings of my July 10 statement how clearly I said less probability to visit green line and gave a clear target of the blue dotted line? How many analysts provide such clear manifestation on a regular basis. Please take out one published idea in 190+ posts where My given lines did not behave magically. All targets are achieved. In their calls, check yourself the strike rates of their calls and my calls. Here What I posses need not glorify, just to motivate you all for devoting your time and hard work to learn this art is my motive. I have seen many followers who took two months three months to follow me because they wanted to check my strike rate. Ultimately they came and followed me. This is the depth of manifestation of moves. There are many traders who write their good & bad trades in the comment box of every post. Where the ratio of good is more than bad. So invest your time in education that will make money in the future. 2. Setting the previous posts to make you understand the complete move in comparison with the current. Trading Plan For Next Session. 1. 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. 2. In any case, price takes out white and green zone upside in both time frames then the pink line is the target. If the pink line is taken out in both time frames 15 and 1 hour then the upper blue dotted line is the target. 3. If the blue dotted down line is not taken out in both time frames then the price will remain range-bound from this line to the pink line. 4. If price takes out the lower green line then both time frames then I will be bearish on nifty. Right now neutral. For new readers, it is important to understand taken out conditions properly because that is the base of analysis. Writing the same for you. 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. 5. Old followers if you still feel the condition is not clear in your mind, please see the 8th July post of nifty where explained in detail when price becomes range-bound. It is easy to implement when the price is trending but in rangebound really difficult that needs practice. attaching the same post. 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
51