BHARTI AIRTEL IS LIKELY TO GO DOWNSIDE SEE YOURSELF ?Hi Traders,
1. A few weeks ago I shared my first post for Bharti Airtel where I shared a buying zone. You can see below how price moved around this zone taking support several times. First changing its sentiments to travel in five-wave structures to a corrective pattern (ABC). The journey in these weeks you can better understand the first fig. I shared a few weeks ago. Compare all moves, you will see the transformation of sentiments change with time. Where you also need to change. If you are not adept to switch with price, you can not be a profitable trader. Compare a clear vision on June 6 post is quoting for your consideration " I showed a red buy zone in fig. where I shared investors and traders can entry if not taken out. You can see a pink circle candle took to support and in the later move, this zone was tested and traveled to the red dotted zone. If this hurdle is taken out then you can see the prize visiting white box very soon. On the contrary, If the dotted red line does not fulfill the condition of taken out then the price will be range-bound between the red zone and this dotted line. If in the next trading session price open gap up and sustains here at least one hr then longs will become comfortable. The investor should have bought 50 % of his/her capacity at zone. I will be bearish on this stock if the buy zone is taken out. " . Just imagine three weeks ago I mentioned the whole trade which you can compare with then mentioned conditions. This is the power of education and in-depth visualization. Price neither fulfilled up side condition nor downside the result consolidation.
2. Now, what next In current fig I made three circles showing different patterns and same sentiments. let us interpret them. See the white circle at that resistance where I mentioned the upper condition of trade on June 6th forming two Doji one long-legged and second small spinning top this shows missing buyers' efforts. And the price dropped to the buying zone. Then green circle at that resistance with two small spinning top same information buyers missing. Come to the third circle in pink a small Doji at microzone showing lack of buying. See In three circles the same sentiments.
3. If the green trend line is breached and pink lower support is taken out in 4 hrs time frame then long positional trades should be surrendered. Till price does not take lower red zone out in 4 hrs time frame I will not short. If satisfy this condition then Sort with the target of the lower blue zone. Those new for them to understand taken out 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.
4. Both arrows indicate direction not exact level around this area sentiments will change. The rest price will decide.
YOGESH VATS
DISCLAIMER:- All positions should be taken by consulting your financial planner. This work is purely for educational purposes only.
Stockideas
BAJAJ FINANCE ACHIEVED MY TARGET NOW WHAT NEXT ?Hi Traders,
1. In the last post on this stock, I mentioned in point no. 2 is quoting for your consideration " now the target is a white zone." . you can see exactly the white zone acted as resistance and target achieved. There you can see a pink circle showing a variation of dark cloud pattern of a candlestick. This is activated now as the last trading candle has closed below the pattern's second candle low. If the next day trading candle is closed below the white candle low then the price is expected to go in next week to the blue and red dotted line.
2. Here one more condition applies, which is of a yellow dotted line. This line can act as support for the consolidation of the price for some time. One should keep a stop loss of Friday's candle high and should take short positions. Make sure the position should only be taken when yellow dotted provide some support.
3. On the contrary, if the yellow dotted line is taken out on a 1 hr time frame then the price will travel to the blue and red zone. Those new to my blogs, they must understand taken out condition, only then enter into a trade if that is satisfied. For your understanding quoting my condition " 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. On otherwise If price takes out on 4 hrs time frame the upper pink line then the price will move to a red color upper line. This is how the trade should be going in next week. I always try to make my trades easy-going without stress. The conditions help me to understand moves in the right direction informing me where to enter and exit. So follow conditions strictly. If satisfied then move in that direction if not get out of a trade or do not enter.
5. I have seen many followers who just jump into a trade because conditions satisfied. But that is not the right way to play the market. You need to show patience and find buying or selling set up on a lower time frame then take entry. In this way chances of failing trade get reduced drastically. See my 160+ posts almost in every second post I make you remember to be patient and disciplined. for your understanding chart better, I show you chart below when I suggested going long in this stock. A pink color circle was the time when I recommended and see achieved my white zone target. The rest market will decide.
YOGESH VATS
DISCLAIMER:- All positions should only be taken on the advice of your financial planner. This information is for educational purposes only.
SBI WILL BE IN RANGE FOR COMING DAYS SEE HOW ?Hi Traders & Investors,
In my last post of this stock what I mentioned is quoting for your consideration " " those who want to enter long they should consider a red dotted line as sl and get long side position till that dotted line is breached." you can see in two days bnf gave big volatile moves but the price did not even come closer to the red dotted line. Today it breached green dotted line but not taken out. Now the scenario is little different Those who are long can belong till the pink solid line is taken out on 30 min timeframe. And those who want fresh entry in the long side should wait to go long when green dotted line and pink dotted trendline both are taken out on 30 min timeframe. " . You can see the price fulfilled the condition for long side trades. And the price reached near red upper line. Those who remained long would have earned good profit in this positional long trade. Investors this stock is in the accumulation stage If you get near blue and pink zone on lower side can add in the portfolio for at least one year how will get 300 level till that time.
Trade for next week.
1. See I circle a bearish engulfing pattern in green. This is a bearish pattern which gives signal who are positional long should cover their positions.
Since it is not activated till yet so one should wait to go short once activated. In fact, if the price close below the big bearish candle low on a closing basis then the pattern will get activated.
2. Green dotted support zone can provide support so that pattern becomes invalid. If that happens then one should take long with the stop loss of lower band of the green dotted zone with the target of the upper red zone.
3. On the contrary short side, trade is very tricky I will not suggest shorting this stock because the risk-reward ratio will not be matched. The blue lower end will be the target in the coming days if yellow trend line is taken out on 4hr time frame. As the stock is going in range-bound trade by satisfying lower conditions . so trapping will be seen both sides. No chances of good reward until you book quickly.
4. last but not least upper red zone is taken out in 4 hr time frame then uptrend will resume. So trading in this stock will be difficult in the short side except for one two days. For your better understanding see fig below of the last update and compare it with the current one.
The rest market will decide. YOGESH VATS
Disclaimer:- All positions should be taken with consultation from your financial adviser. This work is for educational purposes.
AXIS BANK SHOWING WEAKNESS WILL IT CONTINUE OR TRAP SEE YRSELF!Hi Traders,
In the last week's post, I mentioned in my statement point no . 2 is quoting for your consideration " Next leg of the move will start only when green dotted line and the solid zone is taken out in 2 hrs time frame. Otherwise, the price will move into range-bound trade between upper green and lower green support." . You can see taken out condition is partially fulfilled in 2 hr but next day but not the next day. 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. please see the fig of last week and compare it with recent this week's move in the above fig. You will realize how the level of trade was manifested last week.
Trade plan for next week.
1. In fig, see the bearish engulfing pattern it has got activated the next day too just below the green arrow. Therefore positional long be care full about your positions. If price takes out in 4 hr time frame the taken-out condition then exit immediately. Because will travel to lower red and gene zone in the coming days.
2. On the contrary, if price invalidates the taken-out condition then you can see price travel to zone 1. The rest price will decide.
YOGESH VATS
Disclaimer:- All positions should be taken on the advice of your financial planner. My work is purely for education purposes.
ICICI BANK & HDFC HAVING SAME STRUCTURE BUT THIS LOOK GOOD SEE !Hi Traders / Investor ,
Recently I posted hdfc bank analysis here Icici bank having same pattern that is an evening star and behaved same but in hdfc little confident to go up side target but here this gives me edge over hdfc. Both are in accumulating process . The behavior of price formation is same but effect would be different that is I feel May be I wrong this time will tell. I circled same pattern in white. I will not discuss about this pattern already discussed in hdfc post. For Monday price comes in yellow dotted range and sustains there or take out this yellow dotted band up then one should go long with the sl of lower band of yellow zone with the target of blue zone lower band. This would be positional trade. Entry at right time is important. If risk reward ration do not match then leave it for trading. In any case low of Friday is breached and price do not come back in 30 mins then trend will change to down. investors should wait when price come back from blue zone then think over to invest that i will share in next week. Til then lat price do whatever in upside.
YOGESH VATS
Note. All trading and investing should be done with consulting your financial planner.
WILL FRIDAY BUYING IN HDFC BANKS GOOD ENOUGH TO TAKE UP SEE !!Hi Traders / Investors ,
This is my first analysis on this stock . Since it is quite popular I thought That should also be on my radar. So I analyze it by understanding the structure of smart money is making in it . Actually they are accumulating it on lower levels. All investors listen carefully. If you can invest in this stock for two years that will provide fantastic return. People wanted to buy it on lower prices but it did not gave chances . Thanks to covid crisis It became half . Those who could not board train , they will get chance to board it soon. That would be missed then regrets only. See carefully This is in blue range and upper side I circled an evening star pattern . Those who are reading my recommended books on candle stick they will find the condition which I am going to discuss in advance level with examples. New followers pl do not ask me the name of books , I have fed up giving same reply to many of them. It does not mean I am discouraging you not to ask , not at all. You are welcome to write about these in comment box many of my followers are willingly happy to help you. They all know the value of my time. Now come to point This pattern was made but not activated on next day by giving next candle close down the previous candle. The price went upside breaking the high of pattern . Many of you will think this pattern is not activated so will not work, But that is the beauty of steve nision he taught me in 3rd candle price closed below the high of center candle so chances of activating is still possible. And same happened 4th candle gave close below 3rd candle of circled pattern. And you saw price came to red dotted lower candle. Now to invalidate the effect of this pattern further price have to take blue zone out on 2 hrs time frame . Only then reverse sentiments will apply. Other wise price will visit to lower end of blue range. Intelligent traders will find sell setup if unable to take out upper blue band of range. This buying on Friday may be deceptive. I will be bullish if white dotted line is taken out on 2 hour time frame. That is why Indicated it green arrow. If not taken out blue upper band then red arrow will work. Investors shuold wait price come to blue and green dotted zone. Invest 50 % with sl of low of april . Rest market will decide.
YOGESH VATS
NOTE- All trading and investing should be done by consulting your financial adviser.
IS ASIAN PAINTS READY TO SHORT FLY OR LONG OR FALL !!Hi Traders ,
Two weeks back I posted the coming move in this stock where I shared some conditions to watch and trade . Let us see where these stand today. In point no. 3 what i wrote is quoting for your consideration " there is one dotted red line if this line is taken out then full satisfaction of down trend will emerge . you can see this is not taken out yet so chances of going down has not emerged. In point no.4 "see up move in green circle showing price increase where as volume decreasing. so this up move can be pullback." Point to be noticed is divergence in volume and price result into decline of price that is circled in white. That is why I said this up move a pull back. But here new question arises if it is so then red dotted line should be taken out to resume down trend. But without reaching to that level buying seen with good volume. Has price ready to move up . see if the yellow dotted trendline is taken out on 2 hrs chart then first clue of going up will be confirmed then one has to plan his/her trade finding buy set up on lower time frame of 1 hr, with the target of red zone. Once your sl hits then do not try again in this scrip. after crossing blue zone the probability of going up will increase . This is weekly trade once completed search other. Rest market will decide.
YOGESH VATS
Note - All trading should be done by consulting your financial advisor.
RELIANCE IS READY TO GO IN UNCHARTED TERRITORY SEE HOW !! HI Traders/Investors,
Two week ago I posted my analysis on this stock giving conditions for trades . Let us see reliance followed which and how ? In point no.3 " A green means white zone is not taken out then price will move to blue zone and red will be crossed easily." See price did not even dare to visit white zone and see red is crossed easily. I did not use taken out for red zone instead use crossed easily. That is the beauty of words I use in my conditions to manifest next move prior it happens. I could use these words because I know where structure can change and respond. All my charts are full of these examples. More than 140 ideas are corroborating this fact. That is why I say many times the words I use should be seen in that context. People miss them and go wrong. Those understand earn a lot. Bad trades and good trades are written regularly in nifty and bank nifty post comment box by traders. Even those who trade in stock they also write both trades, many of them accept their fault to understand the word in right context.
Now I circled a pattern called bullish engulfing which is not activated yet But the beauty of this you will not be able to see in any books . I tell you the characteristic of this . See a big bull candle covered the last three days small candle on good buy zone with good volume Its effect would be seen if red dotted line is taken out on smaller time frame of 1 hr then you will see rally to red line in coming days. If not taken out then and this pattern low is taken out on smaller time frame then good fall . When this sort of pattern are failed then fall becomes worst. I try to provide practical knowledge when i get that sort of setup.In every post first I prove my statements then I write manifested move. Not like others given target missed new target. Basically they don not know stock market is language of probability which they do not use in their analysis. I know this statement of mine will hurt their ego instead of learning new concept some of them to satisfying their ego to troll me taking out silly points that my charts are very cluttered. In my life I appreciated the people who taught me new concept to attain this level. So my dear friends rather than to depend upon machine signals train your eyes and mind to find structure market is performing.
There are many who are good but this is for those who not egoist rather good seekers. Sorry for this offence. You are not my competitors rather co-analyst. Please think over it.Rest market will decide.
YOGESH VATS
NOTE- All trading and investing should be done with the advice of your financial planner.
BAJAJ FINANCE HAS COME OUT FROM SELL MODE TO BUYING SEE HOW ?Hi Traders/Investors,
Two weeks back I posted my first post on this scrip. That time it was in sell mode and in last week came out from this mode to buy. Will it continue further lets find out. What I shared with you all in form of my conditions is quoting for your consideration in point no.3 of that post. " my sentiments for long will switch only when price takes out red dotted line where I showed green small arrow." See carefully took out from red dotted line in last to last week. In fact had I updated this post in last week I would have not waited for red dotted line condition to go long in new update. Since red channel was broken upside I would have given buy signal in last week. One thing is noticeable green arrow sentiments changing line is acting as good support That is why gave big bullish candle on Friday trading session. Two week back I manifested that point which can change the structure of this stock. Every chart is manifested so accurately that all reactions are done on that points why any scrip do not choose to react on so many other points on chart. This is a question of thinking.
Now I discuss the next move see upper dotted and solid red zone. on taken out at lower time frame of 1 hr you can go long with the sl of lower end of this zone to the target of white lower end zone. If momentum is good then can go to upper end. This is the trade of next week.Rest market will decide.
YOGESH VATS
Note - All trading or investing positions can be taken on advice from your consultant . I can be wrong any time.
IS MARUTI READY TO SURPRISE IN NEXT WEEK SEE YOURSELF !!Hi Traders/Investors,
last week one of my condition was so helpful for aggressive traders that it saved for going short on this scrip . Let us understand it. "if blue zone is not taken out then price will move to red zone. where price can consolidate or momentum is strong then can breach it . but short after red zone can only be initiated when the condition of taken out is completed at res support zone."
can you see the price took support took support from that red zone by making candle close near day. Has any body taken short on gap down open , he would have been trapped by bulls. I circled the the candle stick pattern called piercing . The psychology behind it is very much clear that bulls found that price lucrative as on support zone .so they came and bought aggressively closing price days high. Novice traders seeing this pattern will jump into long side buy positions. But intelligent will wait for next day trade to find out whether the entry is of weak bulls or really strong . In fact this pattern is Warning for short traders to cover their shorts. Those who do not later part can be painful to them. Every candle speaks else you know its psychology behind it. I am not saying you just go and take long next day. with this candle the price to reward is not comfortable. So let price make it comfortable by coming to red dotted line Then buy with the sl of bull candle low. I do not recommend this trade but aggressive nature can take this. I will like to trade when price gets activated on next day by closing above bull candle. Here is also problem If next day is also good momentum day to upside and take price away from upper end of blue zone then also risk reward will not match. so in that case you will have to buy when blue zone lower end is breached upside and price stay above this level for 30 mins then can go long with sl of red dotted line.Once price will stable upside then in next week lower end of white zone is my target. On good momentum can go to higher end also. In every post you all have been watching my conditions and level works magically why they are so reactive all times with almost 100% accuracy. While all on air advisers give numerical nos but have you ever seen me given nos. Nope , I believe in structural points , level where a scrip performs. Investors should wait this stock will come down then you can join. Rest market will decide.
YOGESH VATS
Note. All trading and investing decision should be take with consulting your financial planner. My idea can be wrong any time .
APPOLO HOSPITAL IS READY TO SHORT FLY SEE YOURSELF !!Hi Traders /Investors,
One of my followers , requested to put some light on the movement of this stock. So here is for you and most traders , investors who are the part of this stock or interested to trade and invest. See first what is going on in this stock for long term structure basically this is now making range lower side has already been made now it is finding its upper side. From where when it will give break then boom in next phase. Range means accumulation of long term move . It will take few months to complete this process . So for investors it is not right time to invest in this stock .Therefore, investor should wait . Now come to traders , I made red color channel In last trade it took support of lower end of support zone and crossed small upper zone It means it is ready to go up to white upper band of zone. But with condition since in last session made big candle which disturb risk reward ratio better wait price to come in small red zone then take buy position with the sl of big candle low. This would be good strategy. On breaching lower channel lower line is ok if price gets back to channel in next 30 mins if not then long should be covered. Lower red zone is taken out then trend will change to down. No long till price come in small zone. In any case next session price move up without coming to small zone then let it go no long please. Many followers are writings how inspite of given conditions , they get trapped into emotional trades . I appreciate their sharing because other co-traders will learn from their mistakes. That how trading can be adopted.
YOGESH VATS
Note. All trading and investing should be done with the consultation of your financial planner. Not on my sharing . I can be wrong.
AURO PHARMA IS CONTINUOUSLY TRAPPING BEARS SEE HOW? Hi Traders / Investors.
In my last statements for this chart What i shared is mentioning for your consideration. " if strong bears entered at red channel top then price should move out of green trendline if weak then this area will provide support at green line." You can see inspite of activated shooting star circled in pink last week price should breach red and green dotted trendline which did not happen because of weak bears entry. And again touched upper end of channel. But one thing is good that activated shooting star is now converted into exhaustion sign of move. since the inception of this move the volume are in declining side . It means this move is just trapping game by weak bulls not by smart money. you can see I showed the trap move of bears in yellow arrows. So sooner or later It has to come down . For this stock has to break first red dotted line and then green . A very strong zone will be the ultimate target of this down fall. After that what will happen that i will discuss in next week. Till then let market play his game. We know know almost what will happen.
YOGESH VATS
Note :- All decisions of trading and investing should be taken with the consultation of your financial planner.
IS BHARTI AIRTEL GOING TO FLY SEE YOURSELF !!Hi Traders/ Investors,
In my last week post of this stock , I mentioned is quoting for your consideration " if dotted red line does not fulfill the condition of taken out then price will be range bound between red zone and this dotted line." You can see the price remained range bound between two given limits. why price did not break this zone whole week it has sufficient time to break because the move manifested in such a way that it itself prove to be worthy almost one month back. Now see i circled in green that is piercing pattern on good tested support not activated yet but if next trading session close is above the high of last candle then it will be activated. Green arrow is direction not the entry point as assumed by one of my followers and gets himself in panic situation in one of the indexes . So red carefully till you understand the conditions. If find difficulty then write in comment box there are many experienced traders who are always ready to help. As they have good habit to visit comment box and see all conversation for the point of view of learning new concept of market by my replies and your fantastic educational questions.
I see if price takes out red dotted line then white box is my target. Rest market will decide.
YOGESH VATS
Note. All investing and trading should be done with the consultation of your financial planner.
IS AXIS BANK READY TO GIVE GOOD MOVE UPSIDE SEE YOURSELF!Hi Traders/Investors,
In my last post on this scrip ,I mentioned clearly that is quoting for your consideration " if green support is not taken out on lower time and later on same day in daily time frame." then only by breaching this condition cover long other wise remain in long. now you can see the whole week axis bank remained up and in last trading session gave good recovery from green support. In this week even breached it . So condition is valid of last week long should be carried forward with the target of zone one. For Investors I gave one condition of green upper line taken out now with this sort of structure I share this is right time to buy 50% at this stage and rest when price will come back from upper zone . Follow condition strictly because I use psychological and structural points to make these . All are very reactive when conditions get failed. So trade accordingly. Rest market will decide.
Yogesh Vats
Note. All decisions of investing and trading should be taken on advice of your financial consultant.
SHOULD PULLBACK IN SBI BE USED TO BUY SEE & DECIDE !!Hi Traders/Investors,
Last week I mentioned in my post point no. 2 for your consideration " for investor this is right time to invest in this scrip. traders I made red dotted line til price do not take it out , no short buy on dips is good strategy for this stock. in coming days 2 nd target will be achieved." This is what I shared crystal clear. Though some traders bought on resistance out of aggression and then kept me posting that what should they do now position in loss. Dear traders when you can not control your emotions being shared trade when to enter i.e buy on dip . Did you get dip to enter . No you yourself put in this situation and wanting relief. Think over it can you get. This way you convert your losses into hope trades waiting red dotted line as a rescue level. If in any case is taken out then.... There is nothing sure in stock market. This language of trading is probability. Where a trader search a best probable trade. Not confirmed trade . This is highly ridiculous to think in this way. Even best probability trades need stop loss. No body in this universe expect taking entry is 100% sure about positive outcome. So change your perception about stock market.
Since Those who want to enter long they should consider red dotted line as sl and get long side positions til that red dotted line is breached with the 1st target of red solid line and if it is taken out then second target of blue zone. For new followers and readers there is difference between breached and taken out , That I have explained many time in my various post. Attaching post where you can understand in detail. But in daily case you have to see in daily candle with 4hrs candle. See I talked about breach of red dotted line means exit from long but trend will only change to down down side when taken out condition will be met.In case taken out is not met and price return into red dotted line again buy can be initiated generally this is the sign of rejection and maximum time we see rally in this situation. I think I have made all conditions crystal clear. If you again go wrong then My suggestion is to make your base for trading then come into this field. Investor can invest at this stage with 60% capacity. Rest market will decide.
YOGESH VATS
Note. All decision should be taken for investment and trading by consulting your consultant. I can be wrong any day any time.
THREE DAYS FALL HAVE NIFTY CHANGED TO DOWN TREND SEE YOURSELF!COMPARING MY TWO DAYS BACK STATEMENTS WITH REAL MOVE TODAY IN NIFTY
1. In point no. 2 I clearly mentioned that "if red color support is taken out then I will be bearish on nifty". You can see yesterday nifty remained up but in range did not take out red support line. In fact no condition was violated by nifty so I did not publish new idea, In fact both days i undated the trade . Today 6,30 am I updated is quoting for your consideration " I talked about sell set up then same lower pink red zone is target. As there was no change in structure. if in any case dow future is at critical trendline break it then you can see more fall. " .Can you see what is happened today manifested two days back and updated same in morning when sgx even was not started trading. In day dow future broke trendline and you see such good fall. Had any body given weightage to my words would have earned good profit today. See many times I have explained my words related to market language are full of depth. So never ignore them. These words I put in form of conditions strictly follow them. This language medium is conditions.
2, Now next session I made a trend line of green dot. See if in morning session it is taken out then all position of short should be covered. and if price take out green blue up zone then go long.This condition is for morning session if nifty gets trapped in range not breaking today's low. Or break and come back in 30 mins then ok condition is valid.
3. On the contrary If market breach low of today either gap down or while trading in morning session Then my first target for booking pr on c/f trades at 111 bar moving average in yellow. If this average is taken out that will be first signal of bearishness lower blue zone can change whole game by supporting price and rally from this zone takes out green dotted trendline then i will be bullish without validating my blue and green zone condition . So I put pink color arrow for this condition. Green color arrow for above mentioned condition when price do not break today's low. So do not get confused read every condition carefully. As compare to bnf nifty is weak. Rest market will decide.
YOGESH VATS
DOW DOWN WILL BNF GOING TO FALL SEE ANALYSIS !!COMPARING MY YESTERDAY STATEMENTS WITH TODAY'S REAL MOVE IN BNF
1. In point no.1 of trading plan what i mentioned quoting for your consideration ."last half hour buying may be deceptive.' Can you see now whole day was trending bear day. That is why I called it deceptive. In same point no1. I mentioned one more thing" red (arrow) is below pink if price do not break this condition of pink in gap up mode then you can see fall." Every day I shift green and red arrow to give clear view of trend . can you imagine yesterday I set red arrow just below the pink color dotted line and how confidently wrote If gap up opening is not seen then from red arrow you will see fall. On air panelist give direction sl, target in numbers but I provide only colored lines with conditions . There is no false breakout when my conditions are fulfilled. I gave you target of pink and red zone to book profit three days back. See price is near that zone. I slightly shifted pink line up ward for tomorrow move. yesterday day bnf took money from traders by trapping both sides for last two days. But today gave all back with bonus if you traded after first hr candle which i circled in pink with sl of slightly above pink dotted line. I traded same and ate all move. Yesterday did not trade watching drama today completed yesterday Profit too. This is how market works.
2. Traders please write your trade whether good or bad . Good trades will inspire co-fellow to work hard and bad trades with complete details will also help them by my replies how to take that trade. Yesterday two followers wrote about bad trades with detail how they took , I gave replies that will enhance your education towards market. When you write about bad that trades only then will be able to show the right path of this language. So write both trades in this way you all learn new things . Today circled candle show buying pressure and closed just below pink color that gave me information that buying is from weak bulls otherwise nest candle should be taken out from pink line but that did not happen .So with confidence I took that trade.every day I share practical things of chart with you always keep in your mind and practice on charts otherwise you will forget all.
Trading Plan for next day.
1. See i made big green circle that is down trend If bnf clear this first condition which I am going to write then you can see price going to lower blue line. The pink and red zone is to be taken out then second condition blue line on down side in fig should also be taken out. Where I put red arrow. Then I will be bearish for bnf. After that treat all up move as pullback of down trend and use for selling.
2. On the contrary If price break green dotted trendline and full fill the taken out condition for this trend line with pink dotted line then I will be bullish. All short should be covered on satisfying this condition. Same for long when pink red zone is taken out then cover your long.pink red zone to blue line is no direction zone.so trade accordingly. for new followers attaching post of taken out and breach condition .Learn it otherwise you can not trade without understanding these.
Note.Trollers I can be wrong any day any time I accept it I have no ego in it So your ego is now satisfied. Rest bnf will decide.
Bank NiftySupport of the day - 20750
Resistance of the day - 21310
Trading always has to be handled with realistic Analytics and based on our research we are providing levels.
Other details will be soon sent out.
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TWO DAYS BACK I INFORMED OF TRAPPING BOTH SIDES SAME HAPPENED ! COMPARING MY YESTERDAY STATEMENT WITH REAL MOVE TODAY.
1. In yesterday post point no.2 of trading plan I mentioned is quoting for your consideration " now a green arrow position is shifted to pink dotted line if market have to resume its upside then price should take out pink dotted line condition. Til it do not gets fulfilled bnf will remain down to range bound." You can see market finished today trading at pink dotted line. Every day I put some lines on chart all work so magically that moves react from these. I write this accuracy for new followers old are quite familiar with this. Two days back The title of bnf was "bnf will trap many traders both sides see how?" Can you imagine the move manifested two days back ,you are watching now. In market where direction prediction is tough job you are seeing every manifested move on the rocks! If you see one hour chart starting from down move bears were trapped by bulls and then bulls were trapped by bears and now beers again today trapped by bulls. This is both side trapping shown in two days back title. Even showed you exact points in form of resistance and support where this trapping have been done.Every day I say follow my conditions religiously you will get profit . Today candle from starting to last half an hr were completely range bound so difficult to earn either sides. I watched whole drama sitting Idle. Some days are like this in trading.
Trade plan for next day.
1. See neither the green dotted line condition nor pink dotted line was taken out either sides. So my biased for tend will remain neutral. last half hour buying may be deceptive. So My view will change with conditions with little change in position of both arrows. Red is below pink If price do not break this condition of pink in gap up mode then you can see fall.
2. Now Range between pink line and green line is no direction area for me. Means if price travel in this area then it can resume down trend or can resume up trend. Depending upon the condition satisfying on either sides. I will take my position when I get clarity then that line will become my sl and trade will start.
3. In any case of down trend resumes then my target will be pink red zone. On the other side blue zone will be in upward direction.
4. You can see toady also 27 bar ema worked fantastic by becoming resistance held price almost 6 hrs today. You can use this combination of 27.111 till 1 hr chart and 27/63 in 15 to 5 mins chart. Rest market will decide.
Notes -Trollers I can be wrong any day any time with this statement you can satisfy your ego issues.
cheers ...
YOGESH VATS
IS NIFTY GOING TO CHANGE ITS TREND TO DOWN SEE YOURSELF !!COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE TODAY IN NIFTY.
1. In point no. 2 What I said is quoiting for you " a red dotted line is breached today have been waiting for last many days. but now it has to complete new conditions. first it should take out red support line where I put red arrow for down side if do not fulfill til i am bullish." You can see that condition is still valid. Nifty could not take it out .
2. For tomorrow trade If red support is taken out then I will be bearish on nifty. On the other side green arrow pink color band upper side is taken out then pink line will become my sl for long but I will initiate long when green line is breached.
3, The area between red line and white dotted line is no direction zone. so if red support is taken out then will take short trade with sl of pink band lower side with the target of white dotted line. But wont go long if white dotted line is not taken out till price again cross pink band lower side.
4. Trade in red to white dotted line range can be tricky as said directionless area. follow conditions strictly . Rest market will decide.
YOGESH VATS
CREATING DEPTH BY HARD WORK IS KEY TO SUCCESS IN TRADING SEE !! COMPARING MY YESTERDAY STATEMENT WITH REAL MOVE IN BNF TODAY.
1. In point no. 2 quoting my words for better correlate with real move today "see bnf has not changed its structure to bearish mode .although it changed to corrective structure where it will trap both sellers and buyers till it do not take out green upper zone or green dotted line to down side." . You can see first candle opened slightly gap up but could not sustain and price came down to test red support where I circled yesterday hammer in pink. Trapping all bears price started to move up . One of my followers took trade of this bear trap move in upside his explanation is available in comment box. But my sight is for you all, is that as you all know my given level woks magically in market so I took that trade on long side by two logic's first yesterday trend reversal candle hammer on support and in morning it tested this support and started recovering by trapping . second risk to reward was good sl was low of hammer candle and target was green zone. Third the highlighted quote that market will trap both side. This recovery was the part of that statement. These three reasons gave me confidence to go for this trade. And you can see target achieved.
2. Now see short trade which I took with this logic. First three candles I circled in pink near resistance zone all had wicks that showing selling pressure gave me indication that soon sellers at zone are going to take control so I covered my long. And waited to go short with same logic that bnf is going to trap this time bulls. That already disclosed yesterday , you can see trapping both sides. I booked my positions at green dotted line. Can you imagine the accuracy of moves with levels . Even green dotted line provided support and market could not go beyond this level. That is why I gave tittle, if any one of you can put this sort of dedication and hard work , you also can match this level. So I always try to make you all motivate to put that much of hard work which is required to achieve this art. I can earn many more rupees to start subscription service by spoon feed to clienteles. But for struggling traders providing this free. Learn this art by putting their own hard work is my mission. I can guide you the path but can not teach neither I have time nor its my profession. Time to time I try to wake you up. Rest on you.
3. Take out any of my post all are full of these sorts of perfection even on scrip or indexes. For trollers I accept I can be wrong any day any time. So that your egos can be satisfied. I would request you(trollers) rather than to satisfying your ego, try to earn from market consistently by learning this art.
4. Many new traders are writing in their respective post that they earn today this much of point. I really appreciate their efforts of writing to motivate co-traders.
Trading plan for next day.
1. As you know I work with conditions so I only change my sentiments when conditions are broken by price. So yesterday condition of upper green zone and lower green dotted line is still intact. So my biased is still of corrective phase no change in structure.
2. Now a green arrow position is shifted to pink dotted line If market have to resume its upside then price should take out pink dotted line condition . Til it do not gets fulfilled bnf will remain down to range bound.
3. Lower side red and pink zone if it is taken out then Structure of upside side will start to change down but for that sentiment price have to take blue line out. Then I will be bearish on bnf. New followers for taken out condition attaching post in which I wrote in detail. Please follow it before understanding my work.
4. Last point If market takes out green arrow then My sl for upside would be green upper zone lower band. It means I will initiate long upper end of zone is only breached. This is the whole trade . Rest market is supreme.
YOGESH VATS
NIFTY AND HER TANTRUM FOR BOTH BEARS & BULLS SEE HOW ?COMPARING MY PREVIOUS STATEMENT WITH TODAY REAL MOVE.
1. In title of post I mentioned "nifty in final leg of impulse wave. soon correcti on." It does not mean final leg was today. What I mean to say very soon in coming one or two days it can complete that leg. Til now no traces of completing it. So some of the traders taking impression of change in trend today's fall can be deceptive.In my point no 5. of previous post I mentioned that green upper line can be last move for nifty . And you see It fell near this level. In every chart I show this magic of support, resistance and zones. My whole study provides such perfection in level where index or scrip reacts.That gives me confidence to manifest whole move one day before happening. Proving in almost 110 posts. It does not mean you start thinking that I wrote in last post reversal is done. Until and unless price fulfill my conditions of reversal pl do not consider it.
2. A red dotted trend line is breached today have been waiting for last many days. But now it has to complete new conditions. First it should take out red support line where I put red arrow. For down side if do not fulfill til i am bullish.
3. On other side green upper zone has to betaken out for upside move. In between two ranges nifty can consolidate for quite some times. So trade with the mentioned conditions in mind. Follow them strictly . Next target of upside is red line. It might be the real point to reverse this move. Remember this this green can also be reversal but fulfill the lower condition.In range bound trades book your profit as soon as possible. Rest market will decide.
YOGESH VATS
BNF WILL TRAP MANY TRADERS BOTH SIDES SEE HOW ?Hi Traders,
1. There is nothing to compare with my Friday post trading plan. Except I shared down trend has changed to up trend as red line was taken out on Friday so trend is upside. It is still going on . Bnf opened gap up and breached swing high. For swing high related update I send in morning for those who carried short positions on Friday. That update condition was breached by crossing swing high. Means immediately covered shorts. Always remember when condition is breached you have to take accordingly. See market spend two hours in tight range. In first candle I saw selling pressure that gave me impression that sellers are present at that area. 2nd candle tried to cross first candle high but week bulls could not do it. That was the right clue for me even for those who covered shorts two hours back. To take position in down side .Here sl was clear, risk to reward ratio was pretty good. And market spend two hours in consolidation. All factors were in favor of shorts. I took that position by timing created in lower frame. That position I booked at red support line. Always remember when you are wrong side of trade and get stuck then cover your position when condition gets failed. See every day all support resistance and zones I shared how perfectly all works both side circled hammer candle in pink. One more thing to notice 27 bar moving average works perfectly circled in two areas of exponential moving average. No book depict this moving average even default setting in software are 9,21,50,100.200. But my all average are different from books and software. These are the result of long battle with charts in my long journey. Proving almost every day. So use them You will get more clear view of chart support and resistance.
2. Now tomorrow trade plan. See Bnf has not changed its structure to bearish mood. Although It changed to corrective structure where it will tarp both sellers and buyers till it do not take out green upper zone or green dotted line to down side. Taken out condition is valid for both side range. In this range it will trap both bears and bulls.
3. Green arrow shows if taken out this zone should take long with the sl of green zone. On other side Go short when lower red support line is taken out with sl of green dotted line for positional trades. New followers pl understand taken out condition first attaching that post . I think manifested whole trade for tomorrow. In my style of trading conditions are very important. If any body has basic understanding of charts can go for trading easily. If forget to act with any condition the. result will change into...... Traders are trading in various scrip which I manifested, many of them are writing in same post about their earning. They themselves write how condition help then to understand trade in market. So Trade "n" Grow with education. My final target of this upside move is blue zone. that can be achieved in day or two. One more thing in any case price visit blue zone in upside and i find extension in structure then blue zone will also create new. Rest market will decide. I can be wrong any day any time. So satisfying the ego of trollers by accepting it. My main motto is not to flaunt my wisdom but to help struggling traders in form of earning and education.
YOGESH VATS