MARUTI IS NOT MOVING UP NIFTY IS MOVING FAST WHY?Hi Traders/investors.
In last post week back I gave you detail of this stock , which phase is going on . You can check that also attaching in this post. I made blue zone and told that it would be tough for this stock to take this out. You can see five sessions spend but maruti could not take this out. I trade on conditions because stock is language of probability which works on conditions. If this zone is taken out only next resistance zone will come into play and most probably lower end of the white zone will act as resistance and that zone has potential to change long trend to down . On other side 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 red support zone. Investors have two option to invest either invest 50% when price takes out blue zone or at red zone . Rest 50% can be invested at white support . Conditions are important to follow. Rest price will decide.
YOGESH VATS
Stockideas
NIFTY IN FINAL LEG OF IMPULSE WAVE VERY SOON CORRECTION START ! COMPARING MY STATEMENTS OF THURSDAY WITH REAL PRICE MOVE NEXT DAY.
1. In my previous post point no.2 quoting for your consideration " why i did not advice to go positional short just because of this move manifested yesterday. In bnf I gave advised to go short but here did not." See for last two post on nifty I have been saying continuously til the red dotted trendline with red solid support is not taken out there is no change in trend. nifty moved up respecting that solid red support.This condition saved all traders who wanted to go short or in short trade if followed religiously. In bnf also two days back I shared to go short that also gave good points One of my followers earned 455 points per lot , He shared on same day with his plan in form of fig . how he took this trade. Bnf was in sell mode so advised to sell but in nifty no advice of shorting. There was divergence in structure in both indexes. I thanks @gautam5126 to show his personal trades for seekers selflessly . He wrote the reason of taking that trade and I am impressed. All readers should visit comment box for new aspect of learning by others. Even I also give educational replies to seekers.
2. In point no.3 I wrote " If last two hours are strong buyers then tomorrow can give gap up opening to break this structure otherwise gap down." ' Those who took positional short today as per my condition which I shared yesterday is not fully filled. so can be risky." . See when this sort of advice and conditions are shared I feel definitely it gives you great help in taking right decision at right time. In every post I emphasize to strictly follow all conditions. That can reduce your fear to going wrong. whether in case of entry and exit.
3. I am happy that my conditions are getting popular among traders that is why nos. of trollers increasing day by day. They themselves have no potential to publish correct ideas and trying to stop me. Am I taking your earning ,market is open any body having potential can earn. The best part in trading is no competition with co-traders . The more participate , the more liquidity will be in system. Still you all have problems. Stay with your problem I will guide genuine seekers. Til they are present in society.
4. Now see two candles I circled in pink when ever you get this sort of setup near resistance or support I every time see price action carefully . This will move maximum time upside. Both candles showing buying pressure ,selling pressure creating confusion among traders. Take long with sl of buying pressure wick. In case it gets failed then opposite side sentiments gets activated. Every day market make new pattern That my bit is to clear you same.
5. Green resistance is the area from where this move will be completed and nifty can start correction of this prolonged impulse. One more thing dow is at tough resistance as nifty is so this up move may come to an end soon. til then buy on dips. Rest market will decide.
YOGESH VATS
AXIS BANK CHANGED ITS STRUCTURE IS IT READY TO FLY!! Hi traders/investor,
In my last post of axis bank , it was in sell mode til upper end of red channel gets taken out it remained in sell mode. But crossing it fulfilled the taken out condition of channel By giving close above the clear break out candle. This gives me clue that chances to go down is negligible now. Well with one condition If green support is not taken out on lower time frame and later on same day in daily time frame. It means If price breach lower green support and in coming days. The one hr candle should remains out of this green support plus next any of two hours candles close below breached candle.If lower time frame condition gets fulfilled . Then If any body long on stock should cover his/her position. And confirmation will be seen when same day daily candle gives close below support green line. Then only shorts can be initiated for target of white upper band of lower zone. Similarly Buy condition will be activated when same details work in upper green resistance. Price between two green line is no trading zone. If any body long or short in trade should cover their positions in this zone. Right now biased is for long side can change opp side when lower taken out is fulfilled. In every analysis I make you remember that be flexible with your analysis change with conditions . These provide you clear direction of trend , entry and exit if in wrong side of trade.
Investors should follow upper green resistance condition in this way you will be part of confirmed bottom. That assurance is need by every investor to put their money for long term investment. if this stock confirm upper taken out condition then you will get good return in 18 months. Traders upper target is upper zone upper band. Early deduction of trend change is always needed in stock market rather to trade in hope. Rest market will decide.
YOGESH VATS
SBI HAS MADE ITS BOTTOM RIGHT TIME FOR INVESTING SEE HOW? 1.In my last post on sbi , I shared about bottom fishing in this stock. Where I made a green box to be area for would be bottom. But today"s candle confirmed The upper band of white zone sbi selected to be right area of bottom . You can see I circled that in green sbi took support in last week and crossed red channel . Til yesterday two candles above red channel were not providing enough information of true break out . But today candle fulfilled my taken out condition . Therefore, when price switched its sentiment then investor and trader should also switch his /her sentiments with price . stock market is game of sentiments one should know at early level the psychology of trend is being changed. today it confirmed I am sharing same day.
2. For investors this is the right time to invest in this scrip. Traders I made one red dotted line til price do not take this out , no shorts buy on dip is good strategy for this stock . In coming days second target will be achieved. Since sbi took support on upper end of zone so chances to reach green box is negligible ,consider only when red dotted line is taken out. Attaching last post for your consideration. Rest market will decide.
IS LAST TWO HOURS BUYING FAKE OR REALLY NIFTY GOING UP SEE !!COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE TODAY IN NIFTY.
1. In my previous statements point no. 4 I quoted that t " to show shooting star power if strong bears entered at this stage then they should break red dotted trend line as well as red solid horizontal line with taken out condition. only then trend will reverse to down side. " You can see nifty opened flat and in first candle tried to move up by breaking blue line but price got rejected and came back under line. Same with second candle. This is same pattern in bnf . I showed you in my bnf post. Then price traveled to red solid support by breaking red dotted trendline fulfilling half condition. Then see bulls took entry . circled in green.
2. Why I did not advice to go positional short Just because of this move manifested yesterday. In bnf I advised to go short but here did not.That was the reason.Every day I show you the perfection of all moves manifested and levels given few days back working so perfectly that anybody can trade by following given conditions.
3. If last two hours are strong buyers then tomorrow can give gap up opening out of green resistance , otherwise good gap down opening to break this structure. Next target of down side is white dotted line. Those who took positional short today as per my condition which I shared yesterday is not fully filled. So can be risky. Where as shorting in bnf was advised yesterday. Conditions for long and short are same written in yesterday post. Rest market will decide.
YOGESH VATS
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
WHAT DOES LAST HOUR SELLING INDICATE IN NIFTY SEE YOURSELF!!COMPARING MY YESTERDAY STATEMENTS WITH ACTUAL MOVE TODAY.
1. In previous post on nifty I mentioned very clearly in trading plan point no. 1 is quoting for your consideration. " blue line resistance is your target. but take it seriously it can change whole trend ". You can see in fig when price reached there till 4th candle first candle high was not breached. 5th candle breached first candle high but came back with great force.This is the power of zones,resistance and support I try to provide every day. You can see in statement I it is written crystal clear about reversal. Why every day I manifest same happens next day. Ask yourself.
2. In point no.2 of trading plan. I talked about one condition " if blue line is taken out then can go more long side. otherwise need to be caution at blue line." See carefully First candle breached blue line but in whole day taken out condition was not fulfilled. And nifty fell down in last hour of trading.This is the power of education . Every day I insist you all to get this power by putting lot of hard work And start with my recommended book first. Many more will read in later stages. Practice with charts giving lots of hours. I maintain my consistency that has been proved since I wrote my first blog on this platform.
3. Now see first hour candle this is shooting star candle not activated till 6th candle. Even other side did not lose its significance as no candle closed beyond its wick. That you have been reading in steve nision book which I recommended to start with.So with 6th candle close it is activated now for down side. But here is one thing to notice that My condition of red dotted line for last so many days is still valid.
4. To show shooting star power if strong bears entered at this stage then they should break red dotted trendline as well as red solid horizontal line with taken out condition. Only then trend will reverse to down side. Otherwise on trading outside red dotted trendline it can go into range bound trade.
5. Long can be initiated when price take out blue resistance and short condition is already mentioned. In between no trade. Rest market will decide.
YOGESH VATS
REVERSAL SEEN IN BN WILL IT WORK OR AGAIN TRAP BEARS SEE YOURSEFCOMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE TOADY.
1. In previous post point no 1.( Trading plan ) Today's whole trade I depicted in my first sentence quoting for your consideration " zone 4 end will be my sl for for long side trade." If you see more than half day bnf spend long side. Since market opened exactly up of zone 4 upper end ,therefore, that would obviously become stop loss for long side trade . In comment box around 10 am one of my experienced followers wrote all trade of the day. Those followed his trade would have earned good profit. You can see the upper end of zones was sl of the trade. Yesterday I scolded every body for not taking my words seriously today was the result in profit. He took correct trade. That is the sign of genuine seekers of this art. when traders earn profit and write in comment box That gives me immense pleasure . So do write in comment box your failure and success. Both will inspire struggling traders. when I am doing everything selflessly you all should write for others. I wrote one more thing in previous post in same point no.1 "if price takes out upper end of zone 4 then next target i will update in trading session." . See I did not update as I knew today is the reversal day of this long move that i mentioned in nifty post yesterday. You can see last hour candle bears took entry.
2. I made three circles Two pink color are showing exhaustion where one very small doji and then selling. It worked but next candle is shooting star at exact my zone no .4 upper end level . This time price did not come down it came down heavily after 4 candles.This candle also worked by providing early warning that price is near to topple down. This knowledge you will not get in steve nision book That I recommended for learners. This is pure my work of experience sharing with you all free. In lieu of this every follower who make profit should write in comment box. That is his/her moral duty to support my cause to spread this art in pan India.
3. Now see green circle this second trap And first move down blue line to up side is first trap by bulls. I have already mentioned in one of my previous post that sellers want good price to short ,therefore, they let bulls drive this move. And when reached that level where they want to short ,they entered and you saw fall today in last hour. That is how market works. Now bulls will let price to travel at that level where they are interested to buy. So you will see down move in market. This is a cycle which keeps market running in form of greed and fear.
Trade plan for next day.
1. The high of today is sl for coming days for positional shorts. All zones will provide support by converting into micro zones as already showed you all in one of my posts. I do not find move swiftly, rather momentum would every time decreases soon.
2. Earlier I used to say bnf has to travel downside more than nifty but structure is changed now both will not travel much down side . Mostly range bound trade you will see in coming days. Follow already made zones on chart and see price action near them that will suggest the trade for coming days. Today taken out condition fulfilled all criteria that is why you saw up side move till last 1 hr of trade. So never ever forget conditions which I share every day to you. Any trader if follow them will be able to earn profit daily. Rest market will decide.
YOGESH VATS
NIFTY BUYING IS BECAUSE OF ITS LIMITED DOWN SIDE SEE HOW?COMPARING MY YESTERDAY STATEMENTS WITH REAL PRICE MOVE TODAY.
1. In point no 1 of trade plan see first line " at red resistance line you can see nifty made an evening star pattern . It is activated as next candle is below previous candle close is below previous candle. so watch whether it breached red dotted line to change trend of upward side. if it is done then find selling setup with the target of green dotted line" . When this condition is not breached in morning then no chances of short trade. Though my view was of short side. Very clearly mentioned when to go short. So follow all conditions religiously.
2. In point no.2 of trade plan. "chances of going down will be high on breaking red dotted trendline." Even hare i clearly mention what to do. Even a novice trader follow all my instructions can earn daily. In bnf comment box traders did not follow my conditions so could not make money except one or two.
Trade plan for next day
1. It is same till red dotted trend line is breached you are not supposed to be short . Blue line Resistance is your target. But take this line seriously.It can change whole trend.
2. If blue line is taken out then can go more Long side. Other wise need to be caution at blue line. Nifty buying is because In last many post I told nifty has made its bottom so down ward journey is limited . Because structure is proving going into extension. Making lower side structure shorter. Rest market will decide.
YOGESH VATS
HOW CONDITIONS HELP IN SWITCHING PSYCHOLOGY OF A TRADER SEE !!COMPARING THE YESTERDAY STATEMENTS WITH REAL PRICE MOVE TODAY.
1. In yesterday statement point no. 1, in first line (Trade plan ) I stated that quoting for your consideration. " you see zone 3. at upper end I made green circle if any case by gap up opening or while trading this is even breached then it will be confirmation of trend changed to upside only. " I started my plan with this condition. Can you see in yesterday I gave bearish view. But shared the opposite sentiments first that is how I plan my trades. All posts are packed with this sort of conditions and planing. You all know I generally use two terms in my analysis one breached and second taken out. But this time I used may be first time in history of my posts I said If upper end is" even breached "then sentiments will be changed to longs. Though My view was bearish. When bnf open slightly gap up and touched my blue line and gave recovery I got cautioned that Today my bearish view will not work. That was 10.45 am . When 1 hr candle breached that upper red line that confirmed me about today move to long side. I carried shorts yesterday but when I saw bnf taking support on blue line I cleared my shorts and immediately entered in longs with sl of blue line. See blue line acted as entry point with sl. That is why I always say my zones, support and resistance act as sl points in trading I learned how to make this in eight years of struggle. At that time first condition was not validated but some where my experience worked. After validating first condition I was pretty sure for long trade. Around 11 I updated see My wording Care fully " this point of time bnf standing on critical point. if today's high is broken then 20500 on other side if low is breached then fall." . Can you see the given target achieved or not. I saw followers did not take my words seriously that is why talking of condition of taken out . My dear Followers did I mentioned taken out for upper red resistance and you were not sure of this break out many were thinking of false and could not time their trade .Followers when I manifest trade I know where to caution you with beach and taken out. Though first candle showed you false break out reading your comments all were waiting for taken out condition. In stock analysis my words need to be taken seriously with right perspective. In this way a short build psychology changed into bullish with the help of following condition which I manifest for trading one day prior.
2. Always follow conditions of my zones, support and resistance seriously. To again prove this statement I made many green circle where moves were either stalled or changed to help forming structures of long side. Can any other platform show you things in such detail and consistency of trades. I always say stock market language is probability that works with conditions when I have that skill to manifest moves with the help of conditions then follow. Those who do not follow conditions ,They short at 18400 and wait for their trade to come to 20500. Accept that you are wrong. As soon as you accept it you will be able to protect your capital. One thing for Mr.troller Having 20 years of experience you planned for one side trade not another side already mentioned in your conversation with my one of followers will be waiting for market to help trade you in shorts. Though I am also bearish on market since last week but I manifest other side too. Though you have 20 years of experience I just possessed 14 years. So my request do not ever try to troll me I manifest both sides with my condition so never ever give you that privilege .
Trade plan for next session.
1. Zone 4 end will be my sl for long side trade . Right now watching next day move in zone only with the target of upper end.Where all long should be booked. if price takes out upper end of zone 4 then next target I will update in trading session.
2. On the contrary If bnf takes out lower end of red zone no 4. Then my view will be changed to bearish side.
3. All zones will act as support if down move start tomorrow. Rest market will decide.
YOGESH VATS
BNF IS DIRECTIONLESS SAME IS PROVED TODAY SEE HOW ?COMPARING MY FRIDAYS STATEMENTS WITH REAL PRICE MOVE IN BNF TODAY.
1. In my point 4 ,I clearly mentioned "If red dotted line is crossed upside then zone two will be target." You can see bnf opened gap up and in first hour it achieved my quoted target. In point No5. I mentioned " structure is direction less depends upon next trading session opening . Extension in trend convert many traders into hope trade. " Why I wrote this I know three cases where shorts converted into hope trades. One my personal know. Second one of my followers who shorted around 18400 and did not clear when bnf opened gap up though at 7.30 am I updated this is going to happen. Third my case As market closed At structural switching point. So I also carried my short positions. But there is difference in trading style of first two cases and my case. As soon as market opened I waited for first 5 min to see price action. When I found 5 min candle taken support above zone 1 solid red line. I immediately booked loss in that position accepting trap by bulls. At same time I traded in option to long side. And booked my position slightly above zone 2 upper end. I could do this because When i provide levels they work either support or resistance. Now you see I minimized my loss by square off my future long positions. On other side that loss is covered by options trading position. Other two cases are still in loss. To give my example is to show you that accept your position in loss. when circumstances are opp. This is how an experienced trader manage his trades. Trapping is part of price movement you can not escape from this whether how much you are learner ed . Basic victory is how you apply your brain to manage your loss.
2. Now see my first update at 7.30 am where I mentioned " And see price action zone first and second where this extension is expected to finish.so basically long positional can not be open .only intraday can be opened. if risk reward is suitable. otherwise positional short will be good strategy only when this extension gets over ." . Can you see in this statement I was aware where this extension is going to get over. AT 7.30 I manifested the next move of bnf and same updated to all my followers. I myself acted accordingly. and mitigated my trap loss. If i wanted then i could have easily converted my trade into hope trade like other two example. But I know the result of this foolishness. Now you can see zone 2 upper banned was not taken out in 15 min and 1 hrs time frame. That is my condition for taken out any zone or support resistance. Those who are old followers know this condition of trading in my trading style. I Have been mentioned several times in posts, attaching My condition detail post on 14 may when I shared it in detail. You can see price made only First Hr candle out side my zone 2 but could not take it out in next three hours of trading . Later bnf fell down from high. I showed you how trading is done with crystal clear way with proof of advice given to one of my followers who is stuck with shorts In Friday comment box. I always talk with proof never flaunt . What is truth that i share with you so that you all can understand how trading is done. One of the troll ers who said in my comment box on Friday that he himself has spend 20 years in this field. Sir , I spend only 14 years and wrote in my post that bnf is directionless though I was bearish and took my positional shorts. As you told you have planed everything for short trade but bnf did not give you chance to go short rather trapped. You had no plan for long side because you did not plan both sides . As you mentioned in your comment , if price go long then you will see. But I Manifested everything on Friday and mitigate my loss from 1hr trade in long side. Though I have only 14 years of experience as compared you.
3. In 2pm update I mentioned "for now the trend which i was expecting to change on Friday structural point is changed to down. pl clear all your long." See at right time I informed you all. Result is awaited tomorrow.
Trade plan For next session on.
1. In fig. You see zone 3. At upper end I made green circle If any case by gap up opening or while trading this is even breached then it will be confirmation of trend changed to upside only sell on rise. A small doji is seen in circle that shows that bulls have exhausted that is why next candle is selling one. That is power of candle stick which provides quick change of sentiments else you know the psychology behind it in right prospect. Always find candle stick pattern at zones ,support and resistance when I provide . Because my zones and support resistance work magically. You all have been witnessing it for quite sometimes in all my posts.
2. On the contrary If zone 3 is intact then good chances to move down and confirmation will be seen when zone 1 is even breached to down side.
3. As per today move this was final trap by bulls. But bears let them do this because they want ed to get good price for shorting .So now bulls will be ultimately trapped when all conditions I shared gets fulfilled.
4.My first target is zone 1 lower end. Rest market will decide.
YOGESH VATS
NIFTY IS NOT READY TO FALL IS THAT SO SEE YOURSELF!!COMPARING MY PREVIOUS STATEMENTS WITH REAL MOVE TODAY.
1. Two sessions back what I have already quoted in previous post need not to highlight again. I clearly said that structure of nifty is of long side and will achieve its white dotted line in day or two. This is the second session and that target of long is achieved. you can see in fig.
2. In last post on nifty point no.2 (trade plan ) i clearly mentioned that "what i feel if next trading session opening negative then price will break red trendline and will move to red zone e." This condition did not apply as price opened gap up and did not beach red dotted trendline so obviously price would move up . same it moved to white dotted line mentioned last week.
3. See I have written many times stock market language is probability. Nothing is sure in stock market . But it works on some logic of conditions. If you understand and follow all conditioned mentioned with little logic . You will get to know the right direction of trade and sl. If went wrong then condition will let you force to quit wrong side trade. What is manifested with the help of support, resistance ,zones and structure of moves with different possibilities can show you the right track of trading . Just you have to follow the instruction with applying some logic before entry and exit. Every day I prove my statements with real move next day. all go in same manner which I share on day before move. Conditions have power to switch you sentiments without making you confused with price action. The visibility of trade can be seen with help of conditions . You need little practice. One can not switch one's sentiments but condition can. Probability can never be predicted it use if . Learn to see move of stock in if.
Trade Plan for next session.
1. At red resistance line you can see nifty made an evening star pattern . It is activated as next candle close is below previous candle. So watch whether it breach red dotted line to change trend of up ward side . If it is done then Find selling setup with the target of green dotted trendline.
2. In any case nifty open gap up then that might be last leg of upside in coming days . On other side if price crosses upper red resistance while trading then same condition will apply.
3. Chances of going down will be high on breaking red dotted trendline with white dotted support line. Rest market will decide. I never claim that can not be wrong any day any time.. But maintained my strike rate on record available in form of my previous post.
YOGESH VATS
IS SUN PHARMA READY FOR RALLY SEE YOURSELF !!SUN PHARMA PRICE ACTION FOR COMING DAYS & MONTHS.
1. I made a green color circle showing a n evening star pattern. Since it is activated now , will it has potential to move price down or it has lost its effect. See when a pattern appears on chart and if gets activated then no body can predict how far its effect travel to . Same is here, I made a green dotted line as soon as it breached on daily basis and close above green dotted line those who are shorts should logically leave their shorts .
2. On the other hand if price take out white solid trend line to down side then one should leave longs. Then next target would be red dotted line. It means the effect of an evening star is still going on. Always read candle sticks in this way.
3. As far as white solid line is not taken out I am bullish on this stock. Those who are long in this scrip can hold but follow the exit condition strictly. New entrant should wait for red upper zone to breach only then long can be initiated by keeping sl of this zone. A good move can be seen in this scrip if red zone is breached upside to first halt in form of white dotted line.
4 . There price can pause sometimes and will resume it journey to blue zone.This way I manifested the whole trade of sun pharma for traders . Now come to investors . They should invest 30% capital here and if any circumstances price come to red dotted line and this line is not taken out down side then can invest 50% here. The chart speaks like this. Rest market will decide.
Note. All trading positions and investing should be taken on advice of your financial consultant.
YOGESH VATS
IS BAJAJ FINANCE TRYING OUT TO COME FROM SELL MODE SEE !!OUTLOOK , TRADE AND INVESTMENT PLAN FOR BAJAJ FINANCE.
1. See when structure changes from impulse wave to corrective then once trader and investor favourite is now creating fear among invested people. That is what I say time to time that stock market is language of switching sentiments on spur of moment. I made a red channel whose lower band is not confirmed till yet Though I treat as a channel. Because of this structure. Right now price is taking resistance of white line. This can go to red upper zone where you will find channel upper band as resistance.
2. I showed two circles one green showing a shooting star candle with lot of pressure from channel upper band. Then you can see price drifted to down side . This candle is activated when next day closing is below shooting star. You can see white circle where an evening star pattern is made but not activated as next candle close is not above previous candle so it failed. And price moved down. The logic behind this explanation is to pull your attention towards shooting star message of down move which is still valid till price take out red zone . Price taken out and breach conditions are different my old followers know it very well . For new I attach the post so that this concept will be cleared. Since it is daily chart so lower time frame will be 4 hrs.
3. If red zone woks as resistance which i feel should work then you will see price coming to yellow support zone. If this is taken out then you will see price coming to lower band of red channel and white zone of upper end.This would be trade for this scrip in coming days. My sentiments for long will switch only when price takes out red dotted line where I showed green arrow.
4. For traders they have to follow lower time frames charts and positional traders follow 4 hrs and daily . For investors they should wait to come to yellow zone half should be invested here rest in white support zone.
5. Follow all conditions is must .This is no request one of my followers and dedicated to all traders and investors of this stock. Rest market will decide.
note. All trading and investment positions should be taken from the consultant of financial advisor .
YOGESH VATS
MOTHERSUMI technical analysis. Possible down move.Hello Trader, Here is the full analysis of MOTHERSUMI:
1) On the Daily chart we can see it as formed butterfly pattern and is inside raising wedge ( Bearish pattern ).
2) Price is testing a strong resistance zone and can test this zone for up move and if it fails then on the basis of butterfly and strong resistance one can look for short.
How can you support me:
1) Like my idea.
2) Follow me for more analysis
Feedback:
Please share your feedback in comments and this will help me to improve my drawing and analysis
TATA STEEL multi time frame analysis. Possible down move.Hello Trader, Here is the full analysis of TATASTEEL:
1) On daily chart we can see the stock is trading at strong resistance.
2) On 15 min chart, It is trading between the short term trend line. One can look for shorting opportunity if it falls below 288.
How can you support me:
1) Like my idea.
2) Follow me for more analysis
Feedback:
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GBPAUD is in a downtrend, looking for a sell opportunityGBPAUD is in a downtrend on daily & 1 Hr, as you can see there are two sell zones and one of them holds a golden zone of Fibonacci 50%. So I would expect the price to come to the 50% and wait for bearish price action signal to confirm my sell call. Profit target will be the next support level. Keep an eye on this one. Lets see what happens.
I am not a financial advisor and my analysis are just for entertainment or educational purposes, I don't recommend any of my trades. Please use a stop loss and do a favour on yourself by not blowing up your trading account & your hard earned money for which you have grinded your ass off!! Lol
GBP/NOK is in a downtrend, looking for sell opportunityGBP/NOK was ranging earlier, then went up and shot down creating a lower low & lower high, is in a downtrend right now on both daily & 1 hr chart. As you can see there are three sell zones marked. Price can test any zone, I can't say which one. If I see a bearish price action signal on the third zone from top, then I might take a sell call.
This is just for educational purposes, I am not a financial advisor, Control your risk and save your account from blowing up
Took a sell on GBP/NZD on 1HrPrice looked like shit when it was in a choppy structure, then finally created a new zone (The big green candle), then price reached the daily sell zone, created a bearish price action pattern and I took a sell call till the next buy zone, lets see what happens.
I'm not a financial advisor, this content is for only educational purposes, always use a stop loss (it will help you to not blow your entire trading account lol). Good Luck to me
EUR/NZD broke the ranging level on 1HR!!EUR/NZD was ranging & now has broke the range level creating a big green candle & a new zone. Keep an eye on this zone, its fresh and if the price comes again to this zone to test, there is a probability it would shoot up!
This is only for educational purposes & I aint any financial advisor. Control your risk, its very important, always use a stop loss.
Tata Global Buy?Multiple patterns forming indicating compression
Stock may move upside to 245
A break of this would open up gates for 265
If 265 is broken 300 should come eventually