WHY PRICE FIND MY LEVELS TO REACT SEE YOURSELF !!
COMPARING MY YESTERDAY STATEMENTS WITH TODAYS REAL MOVE IN BNF.
1. The title of yesterday post "initial long trend started in bnf will it be moved further see." Why i gave this title is proved by today's move in bnf . In point no.1 {trade plan} "if price breach the lower solid pink line and do not come back in 30 mins then one should cover c/f long." Can you see the first sentence of first point {trade plan} was written about long c/f means I was confident that price is going to breach upside but nobody can write 100% sure .AS stock market is language of probability. Therefore, I always share conditions for trade.
2. Circled in green a hammer candle making micro zone , after that price gave good rally. I want to ask you all why in every chart which I publish price find my levels for reactions so precisely. Why I select those level in my analysis . Although many resistance, support ,zones are created by market. why only that levels which market like to react is selected by me. My profile is full of that posts more than 140 , proving every day consistently. Four days by technical fault I could not publish my ideas . How many of you were feeling uncomfortable doing trading. Ask yourself ? If any newbie has good basic knowledge of trades he/she can earn daily by understanding my conditions. And formulae is BASIC KNOWLEDGE + MY ANALYSIS = PROFIT. Many of you are earning, newbies can see comment box. There are many who do not write because of superstition. Condition are like light on track which save you to take right decision. I myself follow all my conditions . And by the grace of God rejected many offers in my life to sell my knowledge. Because nobody can provide me what stock market can with this sort of depth . Therefore, I tell regularly in my post to burn night oil If you want to make this your career. In nifty post I showed my protest not to even observe the move came two days back manifested last week. The effect I saw today when two of my followers , observed pink solid line in bnf .That is what I want every trader to observe the given levels in trading.
Trade plan for next day.
1. As you can see the pink dotted line is taken out on both time frames. (1hr and 15 min ) so long biased should go on. But It doesn't mean bnf can not come down tomorrow If it come back for pullback trade by gap down opening or while trading. Then pink solid line should act as support.
2. If in any case price breach it and do not come back in same candle then possibility of range bound trade will emerge . And red resistance will act as range high .
3. If price open gap up in pink zone and do not show momentum to move up in first 15 min then c/f long should be booked here.
4. If momentum is high then price can go to green zone. while trading in day pink zone is taken out then green zone is target. In any case If price trade below solid pink Then long c/f should be surrendered . Always remember you can take re entry in same direction if you are right and volatility of price insist you to cover your position. Its okay. Re enter when price start to move in you direction. But never convert your trade into hope. Rest market will decide.
YOGESH VATS
Note. Trollers to satisfy your ego I accept that I can be wrong any day any time . And my suggestion is better to learn from my charts rather to make ego issue.
1. The title of yesterday post "initial long trend started in bnf will it be moved further see." Why i gave this title is proved by today's move in bnf . In point no.1 {trade plan} "if price breach the lower solid pink line and do not come back in 30 mins then one should cover c/f long." Can you see the first sentence of first point {trade plan} was written about long c/f means I was confident that price is going to breach upside but nobody can write 100% sure .AS stock market is language of probability. Therefore, I always share conditions for trade.
2. Circled in green a hammer candle making micro zone , after that price gave good rally. I want to ask you all why in every chart which I publish price find my levels for reactions so precisely. Why I select those level in my analysis . Although many resistance, support ,zones are created by market. why only that levels which market like to react is selected by me. My profile is full of that posts more than 140 , proving every day consistently. Four days by technical fault I could not publish my ideas . How many of you were feeling uncomfortable doing trading. Ask yourself ? If any newbie has good basic knowledge of trades he/she can earn daily by understanding my conditions. And formulae is BASIC KNOWLEDGE + MY ANALYSIS = PROFIT. Many of you are earning, newbies can see comment box. There are many who do not write because of superstition. Condition are like light on track which save you to take right decision. I myself follow all my conditions . And by the grace of God rejected many offers in my life to sell my knowledge. Because nobody can provide me what stock market can with this sort of depth . Therefore, I tell regularly in my post to burn night oil If you want to make this your career. In nifty post I showed my protest not to even observe the move came two days back manifested last week. The effect I saw today when two of my followers , observed pink solid line in bnf .That is what I want every trader to observe the given levels in trading.
Trade plan for next day.
1. As you can see the pink dotted line is taken out on both time frames. (1hr and 15 min ) so long biased should go on. But It doesn't mean bnf can not come down tomorrow If it come back for pullback trade by gap down opening or while trading. Then pink solid line should act as support.
2. If in any case price breach it and do not come back in same candle then possibility of range bound trade will emerge . And red resistance will act as range high .
3. If price open gap up in pink zone and do not show momentum to move up in first 15 min then c/f long should be booked here.
4. If momentum is high then price can go to green zone. while trading in day pink zone is taken out then green zone is target. In any case If price trade below solid pink Then long c/f should be surrendered . Always remember you can take re entry in same direction if you are right and volatility of price insist you to cover your position. Its okay. Re enter when price start to move in you direction. But never convert your trade into hope. Rest market will decide.
YOGESH VATS
Note. Trollers to satisfy your ego I accept that I can be wrong any day any time . And my suggestion is better to learn from my charts rather to make ego issue.
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