again guys simple yet effective pure price action analysis is here. check this out.
ya it's true that the stock market is not predictable and we are not predicting it at all. all we are doing is helping ourselves to make decisions on how/when to react. we don't have control over markets but yes we do have control over ourselves and we are leveraging it. the stock market is all about timing folks.
just relaxed traders if the market stays in the prior day's range just chill and sell otm money options and wait for them to become 0 at the end, remember folks you don't have to trade daily to make money in the stock market. best of luck to the expiry traders.
I always try to keep my chart clean and use fewer indicators. I 99% trade on price action. after trading a decade in the stock market one thing I realize is that only your mindset will make you money, not your huge qty or big money etc2. if you have the right mindset and have control over your mind then you are in good business and if not think again my friend.
as we can witness the price action levels all we need to do is just wait for the market to approach these levels then only we gonna take a trade.
VOLATILITY IS HIGH, we really need to manage our RRR in ongoing market conditions. iv is high so option buying is making more sense. but one has to keep an eye on these major levels as the market is showing bullishness but it could be a pullback. so for buying side don't take the trade with huge qty because we are having 43000 and 43500 resistance on top and these...
let's add something into the price action and see if it works or not. many of you must have heard about fib levels today we gonna have a live look at this. let's see traders how accurate this thing works.
didn't post any new levels because I was waiting for these levels to get tested. guess what patience wins and price action too. keep your trading simple and manage your RRR the only holy grail of the stock market. Don't oversize for tomorrow's session ya. Best of luck traders.
all you all know I only marked levels based on pure price action. we are here not to fight the market but to be with the market and move in the same direction. i will keep my bias neutral and will initiate the trade accordingly.
we all can see we are in a bull trend, especially in bank nifty. all we need to do is just follow the price and initiate the trade. just manage your RRR traders and your good to go. Best of luck with the expiry. Traders.
Hmm, having a avereage cpr indicates that we may can witness a bullish move in banknifty today. there no such bad news in the market which can fall markets towards the downside. till now atlest. so all we need to do is wait for an bullish pattern in banknifty and then we may can go for some big qty to trade. measnwhile dont forget to maintain your RRR traders.
after such a boring day today, we now have hope that the market may break its tight range and provide us with an opportunity tomorrow. we have to be careful in this kind of tricky session in the market and the only way to do this is to manage your RRR traders. Best of luck. Traders
pure price action levels marked on the chart. we all just have to keep ourselves neutral and take decisions based on our chart levels. remember folks trading is all about maintaining your RRR. You will get the chance to make money in the market only if you stay in the market. Best of luck for Monday.
the chart speaks for itself. keep maintaining your 1/2RRR. we are in a bullish market but I still remember markets when ALL IS WELL TIME TO SELL. my bias I will keep neutral we may can see some consolidation since we already witness a trending day today.
the only thing which makes me think is 20 ema on a daily time frame. otherwise, all is well till now. another tight range of bank nifty today could lead to a trending day ahead. just remember to maintain RRR. Best of luck traders.
markets are in an all-time high zone. there is no price action above there. so as I mentioned yesterday all we need to do is just follow the price and make the trend your friend. even i will keep my bias neutral let the price choose his direction.do remember to maintain your RRR traders. Best of luck for expiry.
we may can see an uptrend or downtrend tomorrow since it's a tight-range breakout. let's keep it simple folks if the market open a gap up then tries to find a way to sell. if the market opens a gap down try to find an opportunity to buy. in a hope of trending market just dont forget to maintain your RRR. the only holy grail of the market.
we can see that banknifty is preparing itself for a bigger move. so all we gonna do is just follow the price wherever it goes. dont forget to manage your RRR traders. best of luck.