NIFTY ELLIOT BUDGET DAYnifty view for budget 2022, can short with small stoploss
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inverse head n sholderDisclaimer: No Investment Advice Provided, this is my analysis on which I may trade on.
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GBPUSD lower low lower highAs we see on GBPUSD 1H time its making lower low lower high, it had made lower high now will try to break recent low of 1.37227 & can test 1.36990.
Disclaimer: No Investment Advice Provided, this is my analysis on which I may trade on.
Any opinions, chats, messages, news, research, analyses, prices, or other information contained here are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice. Please do independent market research before making your actual trading decisions.
NIFTY & BANK NIFTY BOTH ARE SYCN NOW SEE HOW ?ON COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE IN NIFTY TODAY.
1. In trade plan I clearly mentioned that is quoting for you. " market is near to change its trend so be careful for long sides trades." . This was the first line of trading plan . you can see how nifty fell from top today. What is going to happen in any index or stock I try to share one day advance . You have authentication of my post 160+ proving same everyday. In point no.3 I mentioned "if yellow tend line is taken out on 15 min time frame only then trend will change to short s." You can see price took exact support on that trendline at the time of closing.
Why all support , resistance , zones and now perfect angle of trendline ( basically today support made it trendline , trader find two points to crate trendline but I make trendline giving second point) react lively in my charts. One of my follower wrote in yesterday nifty comment box " nifty failed to hold the red dotted line, see how it is punished by our sir very severely :-) " This shows the importance of manifestation of all moves one day in advance.
2. I circled in white that is also hanging but variation , in bnf I showed perfect here variation . See after activation what happened reasons I already mentioned in bnf post. There is one more red color circle that shows the testing of pattern . This gives the imformation of confirm down move. Once conditions get activated then nobody can stop price to visit next level that one of my followers is writing daily. Many new traders who are amateur , he /she can earn money by following these perfect conditions, are writing to inspire more to follow strictly these.
3. Always remember trading needs proper education , if you devote your time with chats . They can make you earn from market.
TRADING PLAN FOR NEXT DAY.
1. As shared yesterday If price take out 15 min but now in 30 min then trend will change to down side . The red and green zone is target after fulfilling this 30 min condition.
2. If price takes out from lower zone red and green in 5 min time frame then blue line will be target. And may extend to orange moving average of 111 trading candles.
3. The most important condition of tomorrow trading. If upper green line is taken out in 1 hrs time frame then up trend will resume.
4. Like bnf next day can be range bound giving chances to trade both sides. Rest market will decide.
YOGESH VATS
NOTE. All trading positions should be taken by consulting your financial planner . This view is for educations purpose.
EVERY CANDLE SAY SOMETHING ELSE YOU KNOW THAT LANGUAGE SEE HOW? COMPARING MY YESTERDAY STATEMENTS WITH REAL PRICE MOVE IN BNF TODAY.
1. In point no 1. of trading plan section I mentioned is quoting for your consideration. " the high of today is sl for coming days for positional shorts. All zones will provide support by converting into micro zones." See In fig yesterday high worked as sl price even not dared to go close near that level. Although zone upper end worked magically. see yourself I circled in pink the whole candle psychology. Many traders are reading first book of steve nision but even in this book you will not get this practical knowledge. See 1 st candle open at exactly on upper end of zone price tried to go out but could not sustained and came back closed under zone. 2nd candle also tried to take price out but again rejected this shows selling pressure at this level. two rejection in this scenario make profitable trade probability high. So when trend was changed yesterday with big candle, was supporting grounds with selling pressure to take short on 3rd candle keeping sl of first candle high is logical trade to take. If any body took that , gained good points later two candles reached to zone 4 lower end . That i circled in green , you can see in my statement i mentioned forming micro zone same happened with the help of moving average in white color with red color lower end of zone. Can you image that sort of perfection I manifest one day prior and give all details to you. Even on air panelist if see this will remain shocked.
2. If anybody trade by following all my conditions definitely earning will start . I would like to thank some of my followers who earned today and wrote their experience on just one request. You know when you people write your gain and no gain that gives me immense happiness. Infact it is the moral duty of every trader who follow my conditions and earn just for this noble cause to spread this skill across India. They should write regularly to inspire others to learn this art. In this mundane world who is interested to make you self reliant by creating profit in stock market. So think over it.
3. There is one follower who is really working selflessly , every day he provides all trading positions in live market just to make you all support little in form of learning and earning. He is spoon feeding you . Because He thinks, , whatever support got from my chats , ready to share all , with you in from of daily trade and advice. That is why I used "benevolent" adjective for him in one of previous posts. You all should visit Bnf comment box regularly. Though spoon feeding is out of my principle yet I support his woks. Similarly many others should come forward for this cause. If you earn from my charts, share your positions details and reason of taking trade. This will help others to learn your psychology of that trade.
Trade Plan for Next session.
1. See the plan is simple use upper end and lower end for shorting and profit booking. trend will only change If upper band of zone 4 will be taken out till then trade in down direction. All zones are there for your trading make easy. If momentum is good then some of zones will not work otherwise in range bound trade all will work. If I find any change in trading hrs I always update my idea. That information you all get on your mail. so keep mail box alive to get instant update from trading view. Rest market will decide.
YOGESH VATS
BAJAJ FINANCE LONG BAJAJ FINANCE MAINING TTRIANGLE IN 60 MIN ) YOU CAN LONG FROM HERE
LONG ABOVE 2266
STOP 2160
TARGET 2300-2401-2500-2600
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RAVINDRA
Bank Nifty was supported by 200 DEMA - formed a doji today.Bank Nifty took support at 200 EMA on daily chats, but remained weak on most other parameters.if tomorrow
It made a text book doji where o=c, a strong reversal signal, provided it is supported by tomorrow's candle.
Global markets as as oversold as ours, a short covering bounce may come anytime.