Niftyshort
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.
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.
Nifty Bearish CrabI hope you can now see how the NIFTY represents an excellent Bearish Crab low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour.
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.
Nifty next crash and Opportunity to buy back As the central banks are pumping money in the economy but due to pandemic most of business are going bankruptcy, many people lost jobs, people have fear so they are spending money and their first priority is saving.
So after researching so many criteria, I am predicting crashes into global stock market.
and next bull run may lead us to 25000 INR might be the top.
SHORTED NIFTY Hii this is trader Kanishk
This is the analysis of NIFTY
I have shorted nifty, do you ? and waiting for a new gap down open on tomorrow morning.
Here the phase is very volatile and we don't have to took long position in nifty .
this is a bear market phase and this is not the recovery this is the bullish trap .
so please avoid yourself to put the long positional trade at this time without any confirmation.
Guys let me know you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio more than this . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
Guys you can also follow me on twitter for any queries.
Science backed by Data[Nifty]: 10167 is the near term targetGood Evening Friends,
Nifty is showing negative divergence on Charts on closing basis. For this little uptrend to be intact we should test 10167 in coming session. If we break below this level we may test 10048.
But should we break below 9929, this will nullify this little uptrend completely and we will head towards 9954.
Tomorrow Gap down is expected and 1st target on immediate basis should be bought into with SL of 25 points i.e. 10150.
Pls support with likes on the idea.
NIFTY SEEMS TO BE WEAK THAN BNF SEE YOURSELF !!COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE TODAY.
1. In point no. 1 of trading plan column I mentioned is quoting for your consideration " if price take out 30 min then trend will change to down side". You can see price could not take out red line on 30 min time frame therefore, did not move to given green and blue support zone. It was also clear trade as discussed in bnf post with sl of first candle to yellow trend line. See how conditions give you clue to trade in which direction daily .
2. In point no.4 clearly mentioned " like bnf next day can be range bound giving chances to trade both sides ". . You can see the structure of today move in this time frame is completely range bound. Yesterday dow was down at night but I was pretty confident of this move and wrote before dow was down. People on social media were taking on big fall for this day but I wrote range bound trade in both indexes result is in front of you. This is the power of technical analysis if done with depth.
3. Today even a single trader did not write about their trade . Was it proved painful day for them. Even if that so , please write your bad trade so that others can learn from your experience.
Trading plan for next day.
1. If price take 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 .
2. See yellow trendline and green upper line is taken out in 15 min time frame then this down trend can change to upside .
3. Price between no trading area is shown by yellow arrow where I would not like not to trade till trend clarity is achieved. By taking price out of red dotted line.
4. If price takes out green blue zone down side in 15 min time frame then red support line is your target. All conditions are important in my analysis so follow them strictly. Rest market will decide.
YOGESH VATS
Disclaimer :- All position should be taken with consulting your financial planner . I can be wrong any day any time.
Nifty at range boundTill the pattern break at either side of the parallel channel or symmetrical triangle line it is expected to trade in a range bound
currently trading at
1) monthly trendline (yellow line)
2) weekly close and high low (purple line)
3) parallel channel
4) symmetrical triangle (white line)
5) Fibonacci level
Nifty 50 Analysis- INTRADAY (17 th june)I would prefer to be bearish until this correction corrects up.
These are the major resistance and support levels.
I hope to see nifty 9500 around the end of week or start of next week.
Avoid buying calls or long side. Views according to my studies and analysis.