Stockpicks
ALL TARGETS ACHIEVED GIVEN MAY 30 NOT SINGLE FAILED IN RELAINCE Hi Traders/Investors,
1. On may 30,2020 I posted my first analysis on this stock till now even a single week missed my targets. Providing all statements chronologically as proof of precision with figures and dates for your consideration. In point no.1 of the same date, I clearly mentioned " Upper range in the form of an evening star pattern has already made. Now the price will make a lower range." . You can see in that day figure setting below an evening star pattern was made, circled in green was the upper range and lower range condition was also discussed in same post point no.2 " See I made red zone If this is taken out upside then the lower range will be formed and the price will move to upper range in the blue zone." . Here you can see the red zone is taken out forming a lower range. How confident was I about this manifestation?
2. For investors I wrote in the same post in point no.5 is quoting as proof " Investors wait to form a lower range of price either white zone or yellow. Then can board the bus to long sides." You can see at that red zone price never see back and gave you a good rally just in 40 days.
I did not stop at the first week of my post see in the second update on June 14, 2020, I wrote in the second para of blog clearly is quoting as proof " 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 a rally to redline in coming days" . You can see a decent rally till last day trading of this stock. Setting that day figure as proof.
3. Even I did not stop there in my 3rd update on 20 June 2020 wherein trading plan point no.1 what I sai is quoting as proof " You can see the white circle the blue zone is taken out on daily basis with good volume also circled in white. So the price is expected to move up with certain conditions." Please see in below fig about these circles, not in the current figure. In the same post point no.2, I gave the target achieved in the current fig.' I made a microzone this can act as resistance for time being and target is the upper red line " you can see red line target was also achieved in current fig. every week step by step I gave precise support, resistance, zones and contain to trade this stock. In fact not this every stock I cover in my blogs. All are available in my profile ideas.
Trading plan for next week.
1. As you can see the red resistance line is breached on the upside with a bullish candle. If the next session close is above this candle high then you will see price moving to power red line as a target.
2. In case the next day is unable two fulfill the condition of point no. 1 then price will consolidate one two two days.
3. If the red dotted line with a yellow trendline in 1 hr and 1-day time frame then the price will come to a lower white line. I will cover my longs on fulfilling 1 hr taken out condition. If the white lower line is not taken out in both time frames then it would be the best place to re-enter longs.
4. For new traders taken out condition 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. The rest price will decide.
YOGESH VATS
Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.
HDFC BANK ACHIEVED TARGET GIVEN 24 DAYS AGO NOW WHAT NEXT ?Hi Traders,
1. On the 16th of June 2020, I mentioned about harami pattern and shared blue dotted line almost 24 days ago that target was achieved on the 9th of July 2020. That post statement is quoting for your consideration and fig also to authenticate my claim. " When this movement started I informed by highlighting the white circle pattern that is bullish harami. What a move Hdfc gave to traders in the last ten days. Every bit of movement was covered in two analyses in a week." This statement I wrote in the last post referring to the 16th June post. Setting 16th June fig for your consideration compare it with current fig you will realize how perfectly every move I shared with my support, resistance, and zones with the help of conditions.
2. On the 26th of June 2020, point no.1 of the trading plan what I mentioned is quoting as proof of the present move " I made one red dotted zone till this is not taken out in 4 hr time frame positional long will validate with the target of red channel upper band." You can see the price satisfied with this condition and reached to the red channel. I did not manifest this move up to this level in point no .3 of the same-day post (26th June) how clearly I mentioned blue target and aftermath down move is quoting as a proof " Upside if the price breaks the red channel band then the blue dotted line will act as tough resistance. So try to see a short set up. Positional long shorts use red and yellow dotted lines as a stop-loss point. . Here I did not mention taken out condition generally I always this condition. But here I used" breaks "word. How meticulously I try to manifest every move in advance has been proving since I posted my first idea on this platform. I never talk in the air always prove my statements. Setting 26th June fig for authentication.
Trading Plan for next week
1. In the current fig, I made an upside red dotted line if price takes out in 1 hour and 1-day condition then the white upper line is the target.
2. On the contrary, If the red trend line down with the yellow dotted line is taken out in 1 hr and 1-day time frame then the lower white line is the target. In any case, the white lower line is taken out in 1 hour and 1-day time frame then the lower blue line is the target. Red arrow showing a change of sentiments from that area.
3. For new readers taken out condition 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. The rest price will decide.
YOGESH VATS
Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.
IS ITC READY TO MOVE DOWN OR RANGE BOUND SEE YOURSELF !!Hi Traders,
1. On the 4th of July 2020, I gave the title " IS ITC READY TO MOVE UP OR GOING RANGE BOUND SEE YOURSELF !! and today it is "IS ITC READY TO MOVE DOWN OR RANGE BOUND SEE YOURSELF !!". There is only one thing common that is rangebound in both titles. Why it is so? See in last post point no.4 I wrote is quoting for your consideration " If the price takes out a lower yellow line in a 4-hour time frame and the next day closing is below the previous close then the trend will change to the downside."
. you can see neither price fulfilled the taken-out condition in 4 hr time frame nor in a 1-hour time frame. One thing is quite interesting to know that week the first candle took resistance at redline after a gap down an open second rest of the days' price could not dare to fulfill my taken out condition in both time frames. Can you imagine the accuracy of my levels shown in fig last week post behaved so precisely that five days reacted on these? When we trade, we live in fear of braking levels at any time downside. But here spend five days in a small range. Almost in all my posts, I write why shared levels are so reactive in my all posts and conditions give you a real sight to trade in which direction. When to quit from your trade.
2. In point no.1 I mentioned is quoting for your consideration " The white one evening star and red one dark cloud on the same white resistance. Since I wrote dark]]k cloud is not activated till yet. If the activated price will move down. You can see this pattern not activated and the yellow support line provides the good support and price moved up." You can see the red circle pattern is still not activated after one whole week. Therefore, the price did not fall. What happened has already manifested one week ago. Many support and resistance and zone are available on the chart but I always use only those which suit the structure of waves. This is the power of education. I try to motivate you all to make charts and this unique language your friend both will elevate the level of understanding charts and earning too.
3. I have seen ideas of many analysts on this stock but missed that sort of consistent accuracy in their analysis and deliverance. Though all are good in their analysis the edge is missing. So Dear followers lift yourself to a consistent level.
Trade Plan For Next Week
1. I market two yellow arrows one at the price section and second at volume. If you see carefully a message is given that down move is with decreasing volume. Had it gone for fall the volume should be in increasing sides. That is the reason the price got a range-bound.
2. Now if this information is correct means what smart money is showing not fake then next session closing should be above the red dotted line. To move up this line is important. That is why I showed a green arrow upside from this area. In this case, the upside target will be the red dotted line.
3. On the contrary, if the price moves down to the lower band that is the last level of which has the potential to resume the uptrend.
4. If the lower band of blue zone is taken out in a 1hour time frame I will be switching my sentiments to the downside with the target of the white line. Setting the last post figure to compare with the current fig so that you could understand my statements better. The rest price will decide.
YOGESH VATS
Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.
SEE HOW I INFORMED ABOUT EARLY BOTTOM OF SBI ON 5TH JUNE 2020 Hi traders/ Investors,
1, On the 5th June 2020 my post title was " SBI HAS MADE ITS BOTTOM RIGHT TIME FOR INVESTING SEE HOW?"
In point 2 I mentioned is quoting as the proof on my wording shared on the same day "Traders I made one red dotted line til price do not take this out, no shorts buy on the dip is a good strategy for this stock. In the coming days, the second target will be achieved."
. You can see I marked two dips In the green circle proving my manifestation almost one month ago. In between every week, I updated how to trade this stock with the perfect marking of support and resistance and excellent conditions. Those who are my regular followers, they all know my accuracy of manifestations of move before real movement of the stock price. Authentication of my statements with proof are for new readers and for egoist trollers. In every post, I write this rather than writing baseless and illogical words. better to take my advice you will also start earning.
2. Traders I made a pink line if this is taken out on both time frames then the price could drift to the green dotted line. I will cover my longs when 15 min condition is satisfied. In case 1 hour is not satisfied then I will find buying setup on a 1-hour time frame for again longs.
3. Below the green dotted line, there is no direction zone. so I will not trade in this area. For new readers, I write taken out conditions so that you could understand it well. In my all post and analysis this is the topmost condition to comprehend. "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. To better understands my previous statement setting the 5th June chart below. Compare it with the current above you will see the real picture of my analysis.
The rest market will decide.
YOGESH VATS
Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.
BAJAJ FINANCE ACHIEVED MY ALL TARGETS FOR LAST 3 WEEKS WHAT NEXTHi Traders,
1. I have been providing regularly the update on bajaj finance whatever the targets , I gave all were met continuously. Last week post In point no.1 I wrote is quoting for your authentication how word to word stock reacted as shared " 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.". See the previous figure at the lower band of white zone three is one small candle Doji type candle which gave closing above the low of the previous white candle. That I explained in point no.1 of the previous post and quoted above. See how price takes my words to move the next day. The purpose is to authenticate my statements is to motivate you all to learn this unique language and Grow in your life. In my 14 years of the journey when I learned you all can learn if that sort of hard work anybody can put.
2. In point no 4 of the previous post I clearly mentioned is quoting for as proof of my statement " If price takes out on 4 hrs time frame the upper pink line then the price will move to a red color upper line." You can see priced reached red upper line. This is how I manifest my trades before any moves. Proving in every post in the form of my conditions. The trading view is full of my record of 185+ posts in a short span of three months.
Trade Plan For Next Week
1. I made a yellow zone If the next session price sustains this then get chances of going up will remain intact otherwise price can go to pink zone.
Here one condition is to be followed carefully is of the sustainability of price in a yellow zone does not mean that price is ready to cross the red upper zone. if sustains then the price will move to the upper red zone. But until it takes out in both time frames It will not achieve next target of the white upper line.
2. Those new to read my blogs for them I write taken out condition it is essential to get cleared all concept of this condition. otherwise, you will not able to take the correct decision for your trade." 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. "
3. In any case, If the pink zone is taken out in both time frames then the trend will reverse to the downside. Those holding long should clear their position when you find the price has breached the upper band of the pink zone in 30 min and do not come back in that time frame. That would be a safe approach. You can enter longs again if the pink color zone taken out condition get failed. The rest price will decide.
YOGESH VATS
Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.
BHARAT FORGE SHOWING UP MOVE WILL IT CONTINUE SEE !!Hi Traders,
1. On 30th May 2020, I published my analysis on this stock where I mentioned in Point No. 3 is quoting for your consideration. " Otherwise the current market price is the right place to go down. If it moves down only then the accumulation process will start. If upper red channel band and the red dotted line are not taken out then see fall to the green zone." You can see I mentioned that point is right for done fall and stock price consolidated the next three days and went up. The price took resistance at the same white upper band and support at the lower band of the zone in the next whole month. Marked in the green circle. See the accuracy of the zone which shared you almost one month ago. That is why I say when I make support and resistance only one not many like others, only that will work. Has been proving consistently in my all posts. To make you better understand this setting last fig, compare it with the current .
2. Now current status is price made a morning star pattern which I circled in yellow. That is activated now. If price takes out red channel upper band with the upper band of the white zone in 4 hr time frame, then you will see the price going to the green line as an upside target.
3. On the contrary, I made sky blue support if it gets breached and does not cover in 1 hr candle, then positional long should be covered. But It does not mean will be bearish. Wait for the day close of the candle if closes below this line and next day 1hr closing is below previous day low then I will be bearish for this stock. Otherwise positional long will work well. This is how the price should be moved in next week.
YOGESH VATS
Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.
IS ITC READY TO MOVE UP OR GOING RANGE BOUND SEE YOURSELF !!Hi Traders,
1. In last week's post, I mentioned in the trade plan next week is quoting for your consideration. " if the price takes out a yellow line with the above-mentioned condition then the trend will change to upside." See in the last post I showed you two patterns circled in white and red. The white one evening star and red one dark cloud on the same white resistance. Since I wrote dark]]k cloud is not activated till yet. If the activated price will move down. You can see this pattern not activated and the yellow support line provides the good support and price moved up. My followers Have you ever thought about why I provide perfect support and conditions? Why price reacts to these markings. Why I do not make these support resistance up and down? More than 175 + post authenticate the above-mentioned questions. Since new readers can not think about this but you all have been watching since I started two publish my ideas.
2. In every post, I mention conditions and how accurately all work. This is a matter of deep thinking. for new readers, I write taken out conditions. And set last week's posted chart for your comparison of my statements for better understanding. 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.
3. In the current fig, I made two red dotted lines you need to understand these conditions for further trades. To move up price has to take out upper red dotted line in 4-hour time frame and next day closing has to be above last day closing. If this is not satisfied then chances of price to be range-bound in these two dotted lines.
4. On the contrary, If the price takes out a lower yellow line in a 4-hour time frame and the next day closing is below the previous close then the trend will change to the downside.
5. On the upside, the white dotted line will be the target. since the candlestick formation is negated by price so It should achieve the white dotted line as a target. The rest price will decide.
YOGESH VATS
Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.
IS BHARTI AIRTEL SWITCHED ITS SENTIMENTS TO UPSIDE SEE YOURSELF?Hi Traders & Investors,
1. Four weeks ago I mentioned in my blog that how this stock will move with some conditions and every week It seemed to follow exactly manifested moves. The lines I am quoting that I mentioned last week too as it is behaving the same. " " 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. " . . You can see the same happen till the fourth week below see the red dotted line of three weeks back fig and compare with above the latest fig after the fourth week.
2. Now I quote what I mentioned last week in point no. 3 for your consideration "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." .Here you can see green trendline breached that I adjusted in the latest fig as my main condition was pink lower support which is intact. And price moved stored dotted line. Can you imagine for the last 4 weeks' price structure is behaving the same word to word as mentioned with previous quotes and fig. Where can you get this sort of accuracy with consistent performance not only in this stock take any stock which I posted since I started. More than 170+ as proof. People maintain one, two, three strikes but with my record, you get almost 99% strike rates. The main reason is that I know how to switch my sentiments.
3. last week In my title of this stock I gave "BHARTI AIRTEL IS LIKELY TO GO DOWNSIDE SEE YOURSELF ?" I was cautious with structure but when the above-quoted condition was not satisfied sentiments changed and I am now bullish with also one condition that has already mention 4 weeks ago of a red dotted line. In act buy zone I gave 5 weeks ago till it is intact I am bullish in the stock but this week I showed you how to switch your sentiments with the price structure. When It entered into consolidation I informed you well in time. The moral of writing is to get all genuine seekers motivated to learn this unique language of stocks.
Trade plan for this week.
1. This is quite simple Till red dotted zone is not taken out on 4 hrs time frame one should not take fresh longs. But those who are positional long can continue with the target of the white box.
2. On the contrary, If the price breach green color trendline and do not come back the same day then I would be cautious in a long trade and cover my longs if next opening of the breached day is a gap down and do not cover in first one hour.
3. Both arrows are showing The area from where my sentiments will change on either side. The rest price will decide.
YOGESH VATS
Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.
AURO PHARMA COMPLETED ITS TRAPPING AND READY TO MOVE DOWN !!Hi Traders,
1. On May 25th, 2020, I mentioned in the analysis is quoting for your consideration " 2. Now come to the technical part. I showed you a volume area that it is decreasing with increasing price. Therefore, the volume relationship with the price should come down. But what I feel is this is classic trapping of sellers. Hope has been creating by buyers showing weakness so that sellers start taking the good loss in the hope trade. As you know the psychology of human beings, They stay in losses and left in profit. This is what creating in this scrip." You can see trapping continued till last week. Almost one month ago I told you the psychology of this type of trade and the same happened. I gave you a target of this move in point no.3 of that post is quoting for your consideration" 3. A red channel is created at the top of a strong zone showing weakness. By confusing sellers that price will break the red dotted channel lower end and will not take the support of strong zone. But here reality is different by trapping more sellers and keeping the rest of sellers in the hope trade. At a certain point boom to the upper zone of white color in fig. This is how I Manifested the move of this stock. An illusion is being created of different factors that sellers so that sellers find their positions for entry." . You can see On decreasing volume price were trapping sellers. And exactly achieved my target. Had somebody known How to time your trade would have made good money. Because all trade had already given to one month ago. Even update also supported you in timing also. compare that post with the current you will feel the reality and get a deep insight.
2. A red dotted line channel as shown in the previous post is ready to be breached. If the yellow dotted line is taken out on the next trading session on 4 hours time frame then uptrend will change to the downside with the target of the red zone. After fulfilling the condition of the taken out price may give pull back to the yellow line which should act as resistance that line is not taken out to upside then the trend will be changed to the downside.
3, In any case, yellow line condition gets failed then will get resistance from the white zone. Chances are very less to take the upper end of the zone out. But this is game of probability so that condition can not be ruled out. The rest price will decide.
YOGESH VATS
Disclaimer:- All trading positions should be taken from consulting your financial advisor. This study is for educational purposes only.
ICICI BANK SHOWING WEEKNESS IS IT TRUE OR TRAP ? SEE YOURSELF !Hi Traders,
1. A few weeks ago I mentioned in this stock showing variation of harami pattern which took its price to the upside but not at the blue zone as a target. What I wrote is quoting for your consideration " In the last post of this scrip I mentioned is quoting "in hdfc little confident to go upside but here this gives me an edge over hdfc ." See how price moves changes sentiments in two days. In part -1 post I shared perfect harami pattern activated but in this scrip, it is a variation of harami which is not activated . last Saturday I was bullish on Icici but in two days scenario gets changed. But it does not mean that this stock fulfilled my condition of going down. Till red solid line is not taken out on 2hrs time frame chances price can move up. I will be a little more confident when the upper yellow line is taken out in 1 hr time frame with the first target of upper red solid line and that is also taken out on 1 hr time frame then blue zone lower band." . You can see every word of June 16 post was seen manifested in this stock. As soon as a yellow dotted line in upside crossed it gave good rally to the recent upswing. In the condition I wrote, I am not bearish the same seen last week. There are more than 168+ post Go and search in any post I dropped my consistency of catching sentiments with the market.
2. As soon as the condition fulfills any side price complete its target. On the other side, conditions fail then save you from a big loss. This is how trading can be done. To understand my conditions base I write for new readers and followers. " 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. "
3. To understand the current fig . with the previous update compare below fig. with the above current one.
4. In the current fig. I circled two patterns in different colors showing two same sentiments but from different perspectives. The green circle shows an evening star pattern that was tested the same red resistance and gave a good short move to the lower red band of this range. Where the harami pattern was made with a variation discussed in the last post. And gave upside move to swing high. There it formed a bearish engulfing pattern but with a long bearish candle which I feel is not a perfect pattern even not activated till yet. So I feel not work effectively till price breaks the lower red solid line.
5. It may possible that the price will show jerk to the downside and may recover in 1 to 2 hours. On the contrary, If the price takes out a lower sold line in 4 hr time frame then the trend will reverse to the downside with the target of the white upper end to the lower zone. Three arrows showing different conditions upper green means upper condition gets activated, median green means red zone condition not activated and a red arrow means lower zone gets activated. The rest price will decide.
YOGESH VATS
Disclaimer:- All positions should be taken from consulting your financial planner. This is pure educational proposes only.
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.
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.
WILL HDFC CHANGE ITS BUY MODE TO SELL SEE YOURSELF !Hi traders,
last week I mentioned in this stock is quoting for your consideration " As soon as trend progress, my analysis moves with sentiments.
2. A dotted red color zone if not taken out in 2 hr time frame then this will become buy zone. on the contrary, if taken out then the trend will change to down.
3. If next session trading takes out last candle high in 2 hrs time frame then price can move to the white dotted line." . You can see price moved to the white dotted line target achieved. The red dotted zone remained intact and priced moved up. When this movement started I informed by highlighting the white circle pattern that is bullish harami. What a move Hdfc gave to traders in the last ten days. Every bit of movement was covered in two analyses in a week. you can see fig below of the previous update and compare it with today's figure.
Trading plan of next week
1. I made one red dotted zone till this is not taken out in 4 hr time frame positional long will validate with the target of red channel upper band.
2. On the contrary if red dotted zone is taken out then short with the target of the yellow dotted zone. This zone might act as a halt for consolidation and the trend might resume to a red solid line down.
3. Upside if the price breaks the red channel band then the blue dotted line will act as tough resistance. So try to see a short set up. Positional long shorts use red and yellow dotted lines as a stop-loss point.
4. Taken out condition 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.
The rest market will decide.
YOGESH VATS
Disclaimer:- All positions should be taken with the consultation with your adviser. This all 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.
IS ITC READY TO CHANGE ITS UP DIRECTION TO DOWN SEE YOURSELF !!Hi Traders & Investors,
ITC ANALYSIS
Almost a few weeks ago, I posted my analysis on ITC where I mentioned two conditions is quoting for your consideration " If this is taken out on a 2hr time frame then the structure will change and the price will move down further. On the contrary, If the price consolidates or not taken out then uptrend will resume." You can see price did not break blue color line ( in previous fig it was slightly down but here I moved a little bit up.). Basically I was expecting the uptrend that is why I wrote trend will resume. Though I showed an evening star pattern in a white circle that got activated at that time. so that effect was assumed to take price near the blue zone. Had I got time last week to update then you would have got upward information too? Showing the last chart to understand the better view of the picture with the latest one.
Trade plan for next week.
1. See a white color circle showing an evening star pattern on the blue and white upper zone. Today trading the price made a dark cloud circled in red on the same tested zone. This shows that it is tough for the price to break this upper zone upside. Though this pattern is not activated till yet. But hope to get activated soon.
2. A red color zone is in fig to go further down this is the second condition to take it out on 2 hr time frame.
3. If price takes support at the blue down line Then a pullback can be seen to the yellow upper line. So be careful at this point. Yellow resistance line should be used to sell the stock only when this line is not taken out on 2 hr time frame. keeping a stop loss at the high of the breached candle of the yellow line.
4. On the contrary, if the price takes out a yellow line with the above-mentioned condition then the trend will change to upside.
5. On taking the blue line out on a 2hrs time frame you will see the price moving to the white red lower zone.
To understand the taken-out condition I provide the detail in one of my posts. Attaching with this blog.
YOGESH VATS
Disclaimer:- I do not suggest any buying or selling in the real market better to consult your financial advisor. This work is purely for educational purposes.
REPORT OF VARIOUS SCRIPS ANALYSED LAST WEEK PART-3HDFC BANK
1. In last update regarding this stock I mentioned is quoting for your consideration " two days trading after my post the effect of an evening star is neutralize by the bullish harami which i circled in white. and today candle activated it for long side. now long can be initiated with the sl of red dotted line down side." . You can see what a fantastic rally to blue line . See how sentiments are calculated with the formation of candle to candle analysis. That what you have to learn when analysis is done. In every post I corroborate my statements first then I provide next move. Is any post more than 155+ without proving my statements. This is called consistency and strike rate. You all can reach that level by putting hard work with passion. Many people are not able to digest this perfection in my post so they become egoist and start writing without proof illogical. I understand this effect I reply them with my work. As soon as trend progress my analysis move with sentiments.
2. A dotted red color zone if not taken out in 2 hr time frame then this will become buy zone. on the contrary if taken out then trend will change to down.
3. If next session trading takes out last candle high in 2 hrs time frame then price can move to white dotted line. That is right place to book positional long.
BAJAJ FINANCE
1. On june 14th the title of this scrip was " bajaj finance has come out from sell mode to buying see how? " . You can see when sentiments changed you were imformed on bottom fishing time. I mentioned is quoting for your consideration " see upper dotted and solid red zone. on taken out at lower time of 1 hr you can go long with with the sl of lower end of this zone." . You can see price rallied. see the level of confidence written with small condition. See price rises and volume rising . That how manifestation are done with conviction. You will find many analyst providing some calls correct but not all . Even single call is missed in !55 + post are on record.
2. Now the target is white color zone. price can consolidate one to two days depending if nifty go in correction .
Rest market will decide.
YOGESH VATS
REPORT OF VARIOUS SCRIPS ANALYSED LAST WEEK PART -2BHARTI AIRTEL
1. In last updated post of this scrip I mentioned that "if pink dotted line in upside is taken out on 2 hrs time frame , then i would like to initiate long position ." y you can check in two hrs time frame it is taken out but with some glitch . See volume of 2nd 2 hr candle is low. This does not satisfy me for long. Here price has to fulfil new condition to go long.
2. The red color dotted line should take out on 1 hr time frame Then with the sl of low of ref candle which cross red dotted line . I will initiate my positional long for the target of white box.
3. On the contrary If price takes out yellow support line on 1 hr time frame , then I will cover my previous week long positions. And will wait for price action near green trend line . If that line is also taken out in 2 hr time frame then I will be bearish on this scrip.
4. All conditions to trade in this scrip are important any relaxation will convert into big ......
ICICI BANK I. In my last update for this scrip I mentioned is quoting for your consideration "but it does not mean that stock fulfilled my condition of going down. till red solid line is not taken out on 2hrs time frame chances price can move up." You can see lower taken out condition not fulfilled and price moved up. All my charts speak themselves with conditions . Because this is the game of conditions . Now further move of this stock is dependent on upper red line if it is taken out in 1hr time frame then blur color zone lower band is my target. That i mentioned in first post of this scrip. otherwise price will consolidate here .
AXIS BANK
1. In this scrip I mentioned is quoting for your consideration " In my last update of this scrip I mentioned is quoting for your consideration " that change of sentiments made my biased now down side. but i will not short till red support is not taken out in 2hrs time frame. till then stock is in no direction range neither long nor short can be initiated without clear break out either sides." You can see the clarity of visualization of move when sentiments changed to down I clearly mentioned red support line condition and confidently wrote I will not short though sentiments are down side . See your self breaching upside gave a fantastic move to upper end of my green line. That is accuracy Of an amateur and non professional person See MR.troller ( gann-elloit-trader). If you can come out of your ego then you can see. This is classic example of my conditions which never put me into jeopardize.
2. Next leg of move will start only when green dotted line and solid zone is taken out in 2 hrs time frame. Other wise price will move into range bound trade between upper green and lower green support. Rest market will decide.
YOGESH VATS
RESULT OF LAST WEEK ANALYSIS OF VARIOUS SCRIPS PART -1Hi traders/Investors ,
Last week I shared few scrips movements and now compare them with this week move . Whether this amateur and non professional analyst can make people earn money or not . This is the statement of only one of my respected trollers who himself is not able to publish a single idea on platform but very eager to satisfy his ego writing these words. So being a "amateurs and non -professional" analyst I try to compare the accuracy with so called highly professionals. Though at one point he accepts my analysis make money but with above mentioned words.
Reliance Industries
In my first post and second I mentioned is quoting for your consideration" 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.( first post statement). you can see lower yellow dotted line is intact and price breached upper red dotted line but not taken out on either 1 hr and daily time frame. if tomorrow it fulfill this taken out condition the see rally.(in second post ) ". You can see price gave rally and touched my red line then came down little. This is the accuracy of amateur analyst.
Next week trade plan
1, You can see the white circle the blue zone is taken out on daily basis with good volume also circled in white . So price is expected to move up with certain conditions.
2. I made a micro zone this can act as resistance for time being and target is the upper red line . Those who want to take longs ,they will have to wait till price move down to blue zone. But it does not mean price reached near it and you jump into trade. wait to see whether price stays at this zone or going to break it.
3.If yellow trend line is breached then it can be signal of weakness so do not take long til you get buy setup. In any case prices takes out blue zone on lower time frame then no trading either long or short. Wait for next day if price continue to move down then short with sl of upper band of blue zone.
4. Chances if not taken out micro zone then range bound can happen for day or two. Both arrow showing the direction after these levels.
Maruti
Compare my last statements for this scrip with this week move.
1. In my last post what is said quoting for your consideration " you can see in two days trading price did not close above bull candle in green still not activated so no long can be initiated. see beauty of analysis i made red dotted line price in two days did not dare to breach this." You can see when price activated this pattern a rally is seen which is not completed yet. The dotted line of lower side could not breach that see what is accuracy Mr.troller ( gann elloit trader) of amateur .By writing that name you can not be gann or eilliot just learn etiquette to write and search the real meaning of criticism. If you want to satisfy your ego go somewhere else . My analysis will not give you that privilege to satisfy your ego. The people like you can not even understand that language. Because mind set is in denial mode not in acceptable mode.
2. yellow dotted line is first target of longs from there price can go into consolidation for time being. Rest market will decide.
Yogesh vats.
REPORT OF STOCKS ANALYSED ON LAST WEEKEND PART -2ICICI BANK
In last post of this scrip I mentioned is quoting "in hdfc little confident to go upside but here this gives me edge over hdfc." See how price moves changes sentiments in two days. In part -1 post I shared perfect harami pattern activated but in this scrip it is variation of harami which is not activated . last Saturday I was bullish on Icici but in two days scenario gets changed . But it does not mean that this stock fulfilled my condition of going down. Till red solid line is not taken out on 2hrs time frame chances price can move up. I will be little more confident when upperr yellow line is taken out in 1 hr time frame with first target of upper red solid line and that is also taken out on 1 hr time frame then blue zone lower band.
MARUTI
In my last post of this stock I mentioned is quoting " i will like to trade when price gets activated on next day by closing above bull candle." You can see in two days trading price did not close above bull candle means the piercing pattern circled in green still not activated so no long can be initiated . See the beauty of analysis I made red dotted line price in two days did not dare to breach this . Can you imagine how precision the moves are manifested with clear conditions no confusion in any condition. This is why I every time emphasize on education of this unique language. As in last post already mentioned the clear conditions of long and shorts so I would not discuss here interested traders can see last post on this scrip.
AXIS BANK
In this stock my biased was for long side Till Saturday but on Monday trading changed to down side why I tell you by comparing my statement " if green support is not taken out on lower time frame and later on next day in daily time frame." You can see on monday it did not even try to touch high of bullish candle and whole day traded down. This shows weakness and breached green support so long positions should have been surrendered on same day. The next day means today close is below bullish candle low means taken out condition is also fulfilled. That change of sentiments made my biased now down side. But I will not initiate short Till red support is not taken out in 2 hrs tine frame. Till then stock is in no direction range neither long nor short can be initiated without clear break out either sides.
BHARTI AIRTEL
In last post of this scrip I mentioned is quoting " piercing pattern on good tested support not activated yet." You can see two days trading candle could not give any candle close above this pattern bull candle for its activation being on good support. This changes my biased to down side if this pattern low is taken out in next trading session on 2hrs chart then I will be completely bearish for this . I made pink color solid line on bull candle . On the other side If pink dotted line in upside is taken out on 2 hrs chart then I would like to initiate long with sl of pink solid line. If you have depth in your analysis and skill to change you sentiments with price market will reward you . In these two parts I tried to show you two days back my sentiments with stocks and how I switch with price formation. In some stocks I changed and in some did not. Rest market will decide.
YOGESH VATS
Note. All trading positions should be initiated by the advice from your financial planner.
REPORT OF STOCKS ANALYSED ON LAST WEEKEND PART-1RELAINCE INDUSTRIES
In last post I gave two dotted lines one red and second yellow. What i mentioned quoting '" IF red dotted line is taken out on smaller time frame of 1 hr then then you will see rally to red line in coming days." you can see lower yellow dotted line is intact and price breached upper red dotted line but not taken out on either 1 hr and daily time frame. If tomorrow it fulfill this taken out condition then see rally . on the contrary yellow dotted line is taken out the this scrip can be range bound. bullish engulfing pattern is activated now.
SBIN
In last post I mentioned is quoting " those who want to enter long they should consider red dotted line as sl and get get long side position till that dotted line is breached." you can see in two days bnf gave big volatile moves but price did not even come closer to red dotted line. Today it breached green dotted line but not taken out. Now scenario is little different Those who are long can be long till pink sloid line is taken out on 30 min timeframe. And those who want fresh entry in long side should wait to go long when green dotted line and pink dotted trendline both are taken out on 30 min timeframe. Those who are not aware of taken out condition they can see attachment where I discussed in detail.
HDFC BANK
In last post I mentioned is quoting " now to invalidate the effect of this pattern further price have to take blue zone out on 2 hrs tome frame.only then reverse sentiments will apply."
You can see I was taking of week structure of hdfc as compare to Icici bank because of an evening star pattern and told you the condition for discontinue the effect seeing to down side for last couple of days by fulfilling the condition of blue line. But two days trading after my post the effect of an evening star is neutralize by the bullish harami which I circled in white. And today candle activated it for long side. Now long can be initiated with the sl of red dotted down side line slightly below it. Because blue upper line condition I mentioned in last post is not fulfilled. So I suggested this sort of sl with the target of red channel upper band. Rest market will decide.
YOGESH VATS
Note. To better understand compare with my previous post of these scrip. All trading positions should be initiated by consulting your financial planner.
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.