COMPARING MY PREVOUS STATEMENT TO REAL MOVE IN SGX TODAY.
1. In previous post point no.3 I clearly told you about the condition of green doted line quoting my words " morning star parttern is seen that has been tested in next candle. If it really works then green dotted line will breach and price will go to in 1st micro zone." You can see price breached the green dotted line and went to lower end of micro zone circled in green.In next candle you can see crash . This move was manifested two days back and you see same happened . One more thing to notice sgx took support after such fall to blue support line converting into zone. Why I every time in every chart analysis give you so precise levels from where trend gets changed. All sketching has been done for you . Only follow imformations on chart, time your trade in direction disclosed by me every day. you just have to react with the conditions I share in post. I every day try to make trading simple for you all.
2. Yellow color is no trading zone. Means no information about trend if price take out green dotted line this time. Had sgx not taken out green dotted line till opening of nifty then there are chances of nifty slightly opening up to flat. Above green arrow is shown in fig. If price takes out arrow means change in structure, down trend change to up side. Rest market will decide.
YOGESH VATS
ความคิดเห็น
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Hi followers, see in last update i told you if green dotted line this time takes out then price will reach in no information territory where direction can not be decided. so price is in same area. now if same green dotted line is breached to down side then nifty can open gap up but would not be able to sustain. price will be range bound there after in nifty for whole day. on other hand if sgx sustain to hold green dotted line then structure will get changed. that i will update in nifty post.
@yvatsji I missed reading your post this morning and did a call @8997 again with large qty (2775). Do you feel there will be a chance to exit before end of this week ?
yvatsji
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@vishalpan, I do not think so. If your luck work s as last time worked then good. Otherwise see all my analysis on dow, sgx and bnf are of same nature shorts.
vishalpan
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@yvatsji, Ok thanks for your feedback. I hope it works out this time too. Fingers crossed !!!
@yvatsji , Sir right now SGZ graph is 1 hour, so we need to wait for hourly candle to breach the green dotted line and then plan the trade accordingly...
Sir, your analysis is so precise and market is moving in the same direction as perdicted by you.. I would like to learn when to do the trade, this is missing.. bcoz, if we wait for 1 hour candle to breach the green dotted line then by the end of the hour, market would have fall from that point....
Please guide when to do the trade..it is clear from your post on what level to do it ..
wadhwaamit4
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@yvatsji , Sir.. I did a mistake today... I monitored 15 min candle of SGX and did the short@8900 as it breached green dotted line in early 30 min of trade...Then it bounced back from 8860 to 8950 in firt hour of trading and i booked the loss as 1 hour candle of SGX didn't breach the green dotted line..
So please advise when to monitor 15 min/30min/1 hour candle in order to do the trade.. Aplogies if i hurt you yesterday with a bad question...
yvatsji
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@wadhwaamit4, do not see sgx nifty watch only that chart of 1 hr and 15 min in whiich you want to trade. THat is enough .other charts will make you confuse. I give sgx for opening only.