Stock Market Trading Tricks and Techniques

Today, was also sideways day, and no level was triggered for us, so no trades , same levels should be kept on radar for tomorrow 1/07/2020 also.

Today also was sideways day for bank nifty. Opened gap down and remained sideways throughout the day. In morning 15 mins got 1 trade. If a day has more small candles in 1st few minutes in comparison with previous few days, one can keep target of 1:1 to 1:1.25 also. And one more trade,  For tomorrow 30/06/2020, keep below levels on radar.

On 26/06/2020, any of our levels didn't activated, as price traded in very tight range. Bank nifty opened gap up, and then traded in 24/06/2020 's last hourly candle range only. On lower time frame also, made many neutral candles. So sometimes it's good to not trade also, as our levels didn't come, as whoever traded intraday yesterday, chances of stop loss hitting was very high, so Capital preserved is as good as profit only! For, 29/06/2020, keep below levels on radar, and trade can be done according to method described in previous blogs.

Today market opened gap down, below our lower level given yesterday. Below is lower time frame. Gave 3 trades today, method of which was discussed in previous blogs, all 3 achieved target according to rule of 1:1.5 R:R. Below is trade 1: Long (Buy) trade. Below is trade 2 : Short (Sell) Trade. Below Trade 3 was again Long Trade. Keep below levels for tomorrow 26/06/2020 on radar. If you like this very simple way of day trading, then follow this blog and give valuable feedback or suggestions!!

In morning only our upper level gave short entry today. So let's go to lower time frame. 1st short entry sl hit as shown above.  2nd entry also sl hit as above. After that 2 short entries given, both target achieved.  Again came to our exact same short entry level, and again target achieved. Overall move was of 1:20 R:R.   Our yesterday's lower level also achieved at the end of the day. On 1 hour time frame also gave trade. For tomorrow 25/06/2020, keep following levels on radar with our method. If anyone wants to know how to get benefitted from full move (like shown above 1:20 R:R), follow this blog and put comment below.

Today got 4 trades at our upper level marked in yesterday's blog, as Bank nifty increased in price today. Below was levels given in yesterday's blog. Today's chart shown below. Let's go to lower time frame as our upper level reached. Breakout trades didn't triggered for 3 times as high didn't break; of the candle which broke the level. Fourth time high broke and gave very good move. But before that we got 3 reversal trades also, from which 2 stop loss hit and 1 target hit. (According to our rule of 1:1.5 R:R; 1+1=2 points sl hit and 1.5 points target hit total, so overall 0.5 points loss in 3 reversal trades) At last got breakout trade which gave good move. And went upside to give till 1:5.9 R:R. (Means for every 1 point risk; 5.9 points profit!!!) Overall day from lower timeframe view. So overall, 4 trades activated today, 3 reversal and 1 bre...

Today morning, in 1st candle itself price broke the upper level. So go to lower timeframe for possible entry. As shown in image, 1:1.5 R:R easily achieved for breakout traders. Price didn't came to our level, so retracement traders or reversal traders didn't get any trade. And price continued higher for the rest of the day. For tomorrow 23/06/2020 below levels should be considered, for taking trades with methods explained in previous blogs.

As we talked in previous post, about 19/06/2020 levels, BN (Bank Nifty) gave 4 good R:R trades at our upper levels. As shown below, let's go to lower time frame as our upper level touched in hourly time frame. Above trade was for breakout traders, as we talked in previous blog and 1:1.5 & 1:2 both targets achieved. Retracemnt traders should wait for our price to come to our level again after breakout, which price did in below picture. Price again came to our level and made hammer; activating retracement trade after price close above our level, which happened after 1 candle and 1:1.5 achieved.   When again price came to our level and broke it, so breakout traders could short below candle and 1:2 achieved again. Retravement traders also got entry after 2 upside candles failed to break their previous candles' highs. 1:1.5 achieved for retracement short seller traders. So overall 4 trades were generated and...

Today price opened below yesterday's close and immediately went higher. As seen in picture, yesterday price crossed below trend line with big down candle, but immediately small hammer formed. High of which was crossed in today's first candle only. Suggesting bulls are powerful. After that on trend line was real fight between bulls and bears. Below doji our sell trade would activate and above it buy trade. Ultimately bulls won and price went above doji, activating buy trade. Target would be day before yesterday's resistance zone, which would provide good Risk:Reward ratio. In this case it was 2.7, which was very good for intraday point of view. And target easily achieved. Price also went more higher, breaking day before yesterday's zone, and gave 6.14 R:R, which would have been achieved if someone would play breakout of zone or used trailing stoploss. But 2.7 R:R is also very ...