NSE:NIFTY Trap is created in nity for bears to enter in current phase of nifty. See a pink color upper zone where price has reached to lower end of this zone. A reentry point has been created by bulls in white support line where they will test the demand to take price up from pink upper zone in coming days. A white structure move shown in fig is the pattren that...
LEARN HOW TRAPING IS DONE BY INSTITUTIONS BY OPENING GAP UP AND DOWN WITH YESTERDAY PLANING TO TRADE. 1. IN THE FIRST POINT OF YESTERDAY PLANING SECTION , I SHARED THAT TILL PRICE DO NOT BREACH GREEN TRENDLINE BNF IS IN IMPULSE WAVE. SO IT OPENED GAP UP. SEE IN PINK CIRCLE COMPLETE MOVE IS TRAPING OF BULLS. WHY I AM SAYING THIS TRY TO UNDERSTAND THE LOGIC. IN MY...
HOW I TRADED IN BNF TODAY WITH YESTERDAY PLANING \ 1. AS YESTERDAY I TOLD YOU DID NOT CARRY ANY POSITION IN EITHER SIDES . THE OPENING OF MARKET GIVES THIS ANSWER WHY? YOU ALL KNOW IN MORNING SGX NITY WAS ALMOST 65 PTS UP INSPITE OF THAT BNF OPENED 331PTS DOWN FROM PREVOIUS DAY HIGH .I WAS EXPECTING SUCH THING IN PRICE STRUCTURE THAT IS WHY DID NOT CARRY. TO...
HOW I TRADED WITH YESTERDAY PLAN SHARED ONE DAY ADVANCE. 1. AS I DISCLOSED YESTERDAY CARRIED LONGS. SO HOW MARKET REACTED TOADY ? INFACT IT OPENED WITH GAP ABOVE DOTTED GREEN LINE ALMOST 450 PTS UP. SINCE THE PRICE WAS UP FROM DOTTED GREEN LINE I WAITED TO SEE WHETHER THIS WOULD ACT AS SUPPORT OR NOT. FEW MINUTES LATER I FOUND PRICE BREACHED IT WITHOUT DELAY...
HOW I FACED MARKET TODAY ON PREVIOUS DAY MANIFESTATION OF MARKET MOVE BEFORE IT HAPPENED. 1. ON FRIDAY EVENING I DISCLOSED IN MY POST THAT I CARRIED MY POSITIONS IN LONG SIDE. YOU ALL KNOW I CARRY ANY POSITIONS, I OPEN IN FRONT OF YOU . SOTHAT YOU CAN AUTHENTICATE MY STATEMENTS WITH THE REACTION OF MARKET NEXT DAY. 2. WHEN BNF OPENED GAP UP NEAR THE END OF LOWER...
I SHARE MY TRADING PLAN PRIOR ONE DAY OF TRADING SESSION WITH HIGH PROBABLITIES OF MANIFESTATION IN SAME DIRECTION. TODAY ALSO TRIED TO SEE THE MOVE OF BANK NITY IN ADVANCE FOR COMING DAYS WITH NEAR SUPPORT AND RESISTANCE . GENERALLY I DO NOT SHARE THIS BECAUSE IT IS TOO SUBTLE TO UNDERSTAND . PEOPLE ARE MORE INTRESTED ONLY IN DIRECTION AND TARGET RATHER THEN TO...
LAST WEEK I SHARED THE SAME SETUP OF DAILY CHART , PRICE IS HOVERING IN YELLOW CIRCLE.ONE WHITE COLOR SUPPRT LINE IS INTACT. A UPWARD SLOPING CHANNEL IN GRREN COLOR IS INTACT. TILL PRICE REMAIN IN THIS CHANNEL NIFTY IS SUPPOSED TO MOVE UP SIDE. IN ANY CASE I F GREEN CHANNEL IS BREACHED THEN LONG POSITIONS FOR THIME BEING SHULD BE SURRENDERED. ON THE CONTARY ONE...
HOW I TRADED WITH YESTERDAY PLAN 1. IN YESTERDAY POST I SHARED YOU THAT I AM BULLISH AND CARRIED LONG POSITIONS .IN MORNING FRANKLIN TEMPLETON NEWS TRAPED MY LONGS BY GAP DOWN OPENING. SINCE TRAPING THROUGH NEWS IS PART OF MARKET. SEE A BIG GAP OF ALMOST 575 PTS APPROX MADE BY BNF. FOR ANY TRADER THIS SITUATION IS PATHETIC. ONE NEEDS TO DECIDE THE NEXT STEP IN...
HOW I WORKED WITH YESTERDAY PLAN 1. IN PREVIOUS POST I SHARED TWO STRUCTURES OF TRDING , MARKET CHOSE RED ONE FOR ITS MOVEMENT. THE EXTENDED SUPPORT RED LINE WAS MISSED IN MORNING TRADE ONE HR ,I DID NOT EXTEND IN MORNING SO THE FIRST TRADE WHICH TOOK SUPPORT WAS MISSED CIRCLED IN WHITE COLOR. SEE THE ACCURACY OF THIS CANDLE SUPPORT AND RESISTANCE OF LOWER END...
HOW I AM GOING TO TRADE TOMMOROW. 1. WHITE DOTTED CHANNEL AND WHITE BOX IS NOT TAKEN OUT TILL THEN I AM BEARISH ON MARKET BUT AS SOON AS THESE TWO ARE TAKEN OUT MY SENTIMENTS WILL CHANGE TO LONG. 2. TWO STRUCTURES SHOWN IN FIG ONE RED AND WHITE. IF WHITE IS FOLLOWED THEN SLIGHTLY GAP UP AND THEN DOWN MOVE. BUT I WILL SHORT ONLY WHEN LOWER END OF WHITE DOTTED...
HOW I TRADED TODAY & SWITCHED MY SENTIMENTS WITH MARKET IN BNF FOUR TIMES. 1. IN YESTERDAY POST I TOLD YOU THAT MY BIASED IS SHORT SIDE AND CAN BE CHANGED ANY TIME IN INTRADAY. SAME HAPPENED FOUR TIMES. TO CHANGE ONES SENTIMENTS AT ONE TIME SEEMS TO IMPOSSIBLE , HERE I HAD TO CHANGE FOUR TIMES WHILE TRADING. IN MY STRUGGLING TIMES ,IT WAS REALLY PAINFULL TO GET...
COMPARING TODAY TRADE WITH YESTERDAY MANIESTATION IN YESTERDAY POST I SHOWED YOU TWO STRUCTURES OF MARKET . TOADAY BNF FOLLOWED WHITE STRUCTURE IN GREEN DOTTED CHANNEL. AS YOU KNOW I CARRIED SHORTS ALREADY DISCLOSED IN LAST POST THAT I BOOKED IN OPENING WITH 850 PTS DOWN. THERE IS NOTHING TO DISCUSS IN MY TRADING TO DAY. MY TARGET WAS COMPLETED SO JUST WATCHED...
SEE HOW I TOOK DECISION WITH THE PLAN SHARED ON 18-4-20 1. I SHARED IN PREVIOUS POST THAT MY BIASED IS ON LONG SIDE AND WILL CHANGE TO SHORTS ONLY WHEN LOWER LINE OF GREEN DOTTED CHANNEL IS BREACHED. SEE HOW I TOOK MY DECISIONS IN MORNING.WHEN SGX NITY WAS ALMOST 50 POINT DOWN IT WAS SUPPOSED TO BE OPEN DOWN BUT TILL 9 AM IT RECOVERED COMPLETLY.MEANS GAP UP...
SEE HOW I TOOK DECISION WITH THE PLAN SHARED ON 18-4-20 1. I SHARED IN PREVIOUS POST THAT MY BIASED IS ON LONG SIDE AND WILL CHANGE TO SHORTS ONLY WHEN LOWER LINE OF GREEN DOTTED CHANNEL IS BREACHED. SEE HOW I TOOK MY DECISIONS IN MORNING.WHEN SGX NITY WAS ALMOST 50 POINT DOWN IT WAS SUPPOSED TO BE OPEN DOWN BUT TILL 9 AM IT RECOVERED COMPLETLY.MEANS GAP UP...
THOSE WHO HAVE BEEN FOLLOWING ME , THEY ALL KNOW THE CONSISTENCY TO MANIESTATION OF MOVE PRIOR THE TRADING DAY. DIRECTION OF TRADE WHICH I SHARE CAN BEE SEEN NEXT DAY. ATER CRASH MOVES ARE BIGGER IN NATURE THAT IS WHY SOMETIMES AFTER GIVING GOOD PTS IN SHARED DIRECTION CHANGES TO OPPOSITE. WHEN IT CHANGES I SHARE NEXT DAY WITH LOGICS. JUST YOU ALL GET ACQUAINTED...
HOW I TRADED WITH TRADING PLAN SHARED YESTERDAY FOR 17-4-20. 1. AS PER PLAN TO TRADE IN LONG SIDE , SAME HAPPENED WITH A GAP UP OPENING OF ALMOST 800 PTS. BEORE MARKET CRASH SUCH MOVE USED TO TAKE ALMOST WHOLE DAY TO COVER OR TWO DAYS. BUT NOW A DAYS JUST BY GAP OR 1 TO 2 HRS TRADING IS SUFFICIENT TO SEE THIS SORT OF MOVE. SO LONG OR SHORT PROSPEVTIVE GETS...
FEW DAYS BACK I SHARED THIS CHART WITH YOU ALL. SEE THE ACCURACY OF MOVE WHAT EVER I SHARED SAME IS HAPPENING IN THIS INDEX TOO. A WHITE COLOR SUPPORT WAS GIVEN IN FIG . IT IS WRITTEN I IF BREACHED AND RECOVER IN 15 MIN THEN MY SENTIMENTS OR LONG WILL INTACT ,OTHER WISE SHORTS. BUT SEE THIS SUPPORT NOT EVEN BREACHED.I YOU MANIFEST THE MOVE OF ANY SCRIP ONE DAY...
TODAY TRADING PSYCHOLOGY IN MY TRADES AS FOLLOWS:- 1. IN YESTERDAY POST MY BIASED WAS SHORT SAME HAPPENED WITH GAP DOWN OPENINNG . MARKET REMAINED 2 HRS IN DOWN SLOPING CHANNEL SHOWN IN DOTTED WHITE COLOR. AROUND 11 AM PRICE BROKE THIS CHANNEL. MEANS DOWNWARD MOVE FINISHED. ALWAYS REMEMBER IN DAY TRADING SENTIMENTS CHANGES FREQUENTLY. SO I CHANGED MY BIASED TO...