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
Stockstowatch
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
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
MARUTI IS SHOWING STRENGTH IS IT REAL SEE YOURSELF !! WHAT IS HAPPENING BEHIND PRICE ACTION IN MARUTI
1. See this stock has made its bottom , the process of accumulation is going on where buyers want to buy at low price by trapping sellers with the impression of maruti making new low. This hope is created by smart money for sellers. Keeping price range bound. See rally in price that is for the attraction of sellers to short the stock so that price can come down . I find this phase very interesting in any scrip .Always buy at lower end of range because when this process will get over then good rally will welcome your positions of buy. Investors should adopt this strategy. This happens in all stocks. Reliance remained me in that process of re -accumulation for may years keeping price range bound. See now what speed of gains. So in this sort of structure one should invest for good returns .
2. I made a blue zone upper side where price is trading. That is real resistance . It not taken out , old followers know that new should visit to see my analysis of Asian paints where I mentioned it. Attaching for your consideration.Then price will move to red support zone. If trader is short then shorts be booked here. To open new shorts when this red support zone is taken out then with the sl of zone go short with the target of white support. This is how one should trade in this scrip in coming days.
3. On other side If blue zone is taken out then long with the sl of blue zone. Investors should wait for price to come near white support. If this upper blue zone remains resistance then this process will take one to three months to come out of accumulation phase. In my style of trading and investments I follow conditions properly. Same expected to all who wants to trade or invest in this stock. I do not use conventional method of sl, entry and target to share with traders. I manifest complete trade with conditions to make people trading easy. Rest market will decide.
Note. All investments and trading should be done with the consultancy of your financial advisor.
YOGESH VATS
double bottom breakout with strong volume.There is double bottom breakout and the uptrend got faced resistance around 295. The stock might see some correction till it's support but technicals suggest a long view in different time frames. Can be bought on corrections for positional gains. Check the levels according to you.
Crucial resistance in HdfcIf resistance is not broken and then the stock can see some correction in few days.
Jet Airways:Weekly chart. Beautiful and clear flag pattern seen.Jet Airways:Weekly chart. Beautiful and clear flag pattern seen. Breakout will take to 240. But real bull trend in Jet airways will not come till it crosses 370