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...
Hi Investors/traders. In my previous post on bharti airtel , 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 support and in later move, this zone was tested and traveled to red dotted zone. If this hurdle is taken out then you can see prize...
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...
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...
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...
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...
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...
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....
COMPARING 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...
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...
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...
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 ....
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...
COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE IN TODAY'S TRADING. 1. In last statement point no. 3 of trading plan column quoting for your consideration " bnf has to continue down trend then red upper zone should be intact. on other side if market takes support between two blue area then chances of structure change to up side will prevail." N ow see today's...
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...
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 ...
Price action Picture going in Reliance . 1. Reliance has started the process of Re-accumulation by making An evening star pattern circled in green . This is perfect and activated also. Made on strong zone , there fore , got activated. Since it is process of re-accumulation so It should spend time in this process . When this process is activated by smart money...
PRICE ACTION BACK ROUND OF BHARAT FORGE 1. On request of one of my followers who is very curious to know price action of bharat forge. This is dedicated to you and all those traders and investors who are trading in this stock or wanted to trade and invest . 2. See bharat froge has made its bottom now no more low . This stock has not started its accumulation...