Exide Ind: sure shot long for short term

Jul 9 2018

Bank of India 3 years weekly chart 4th time closing below 80 with volume last week. Doors opened
for 70-65-60

Sep 29, 2018

Look at the down volume candle and up volume candle. Volume was low on up move. Up move was
just to trap buyers. 25600/500/400 PE OI unwinding was the indication of down move.

Oct 17. 2018

Sharing few charts. For positional use 1 hr with 5 and 20 period ema. Black line 5 period ema. Intra
day 10 min with 5 & 20 min ema.

Nov 7 2018

Saturday learning session. Icici bank one month 60 min chart.

Nov 17 2018
Bharti Airtel 1 hr chart. Weak hands removed today in first hr. I am still holding from yesterday.

Nov 19 2018
I am not convinced with 81 points up move in Nifty. Be careful now with longs. Yesterday’s volume
saying too much.

Nov 19 2018
After 11:00 hrs Bank nifty followed perfectly 10 min chart.

Dec 11 2018
Be careful. On Friday (Dec 28 2018) Nifty was up with low volume.

Dec 30 2018
Last 5 days Nifty movement.

First 3 days up with low volume.

Last 2 days down with high volume.

Looks bearish.

Jan 3 2019
Daily chart Nifty 6250 to 4500 Time frame 16/01/2008 to 22/01/2008

Jan 16 2019
Ye Market Mai naya chart aaya hai.. Anda chart.. Anda futa to 8500 Nahi futa to 12000

Jan 30 2019
I will short bank nifty call naked if spot will trades below 27220 tomorrow. 27500/600/700 CE. will
divide 50% capital on all three strikes. Will collect same amount on all strike.

Feb 10 2019
This chart and view is for education purpose only.

Feb 15 2019
Spider has given sell signal on Auropharma on daily chart. SL 755

Feb 17 2019

Balkrishna Ind sell given by software at 1250 level. It's now 823. Low 760. Swing. This is how
software is calculating ATR and giving sell signal. Note: this is not for promoting spider.

Feb 17 2019
SRT Finance in last support 1000

Feb 17 2019
Going up with volume. Today's high volume absorbed at high level. Rally likely to continue.

Mar 6 2019
It was buy above 2743 future level and it works.

Mar 8 2019
Rally will continue. A hidden message in chart. Find yourself. I will update after market hrs

Mar 13 2019

Message :- High volume absorbed at high level also yesterday. Bears try to bring down but bulls took
the control. This is just third day. Bulls will kick out bears completely.
Again bulls shows power. Above 11480 spot bears be careful. This is a high level fight between bulls
and bears going on. One has to die..

Mar 15 2019
Trend will continue on upside. No theory. My experience. Bulls will kick out bears completely. High
volume absorbed at higher level. Not able to bring down Nifty.

Mar 31 2019
SBI Monthly chart. 4th attempt to close above 320. Consolidation between 290-320 will take it to
new high.

Mar 31 2019
Hanging man, Gravestone Doji, Shooting star..na jane kya kya bol rahe the log.. Sab marenge..thokna
(do not short)mat...

Apr 2 2019

Thought this comment was important hence putting it here:

Leading India
Sir, aap toh exit gate kee pass khade rahte ho ... sabse phele bhag logo ..
Mitesh Patel
One should know when to exit quickly
Leading India
Apr 3, 2019
hope your were able to exit quick enough ... i trust you ... Sir ...
Mitesh Patel
Apr 3, 2019
Yes. Exited with no profit no loss. This week.
A glimpse of my technical knowledge for others. And it's not decided after EOD. 13:19 hrs message
given to my workshop participants. Trade also taken by selling only calls.

Apr 4 2019
This time Nifty up with low volume. Looks like in consolidation phase.

Apr 6 2019
Consolidation going on.

Apr 9 2019
Uptrend likely to resume in May series.

Apr 26 2019
Yesterday High volume absorption indicating that "Aayega to Modi & 12000 hi"

May 1 2019
Bank nifty support zone

May 7 2019
Yesterday rally was not a fake one. It was up with heavy buying.

May 17 2019
Either support or fall. Almost game over as it has visited today result day high volume body. Jain
irrigation.

May 31 2019
This is today's price action for reliance capital.

Jun 10 2019
Below 650 band bajaunga iski..

It has to sustain below that level for atleast 30 min. SL as per your max risk capacity. 660 max

Jun 10 2019
Yes bank and Indiabulls which I traded. Indiabulls already breaks it support 650. That gave me
conviction. Yes bank opened below its previous low with gap down with volume gave me conviction
to sell it today. If stock is near to its multi months low or high then it should be in your watchlist

Jun 13 2019
Conclusion: If full day narrow range broken with high volume after 2:00 pm one can trade in the
direction with min SL.

Jun 15 2019
Here is the DLF trade details which I took on Friday. I exited my position at 180. Shorted at 179.

Jun 16 2019
What will you do at 3:15 on last green candle?

Hint : Last green candle is closing above last 9 days close.

Jul 13 2019

As per the previous candle it was buy. Next day open little higher but close in red with very very low
volume to remove weak hands. Will you hold your buy position as per price action? Jul 13 2019
Ok. Now check next day movement. All buyers trapped who bought based on price action. Gap down
and stock closed 8.24% down. Don't think that by understanding price action you are master in
market. Big boys know how to make money. All are knowing technical now a days. Good luck.

Technical analysis better for short term investment.

Jul 13 2019
Update on today’s bank nifty fall. It’s not after market analysis. I traded too and made decent.

Jul 19 2019
When the 1st range broken after long time Nifty has given immediate result with 800 points down
move When 2nd range broken immediately in short time period it is trying to take support. Below
2nd zone both bulls and bears will loose as there is no clear direction.

Atleast wait for 1 month for fresh direction.

Aug 13 2019
Trade reason NMDC. After falling it was not moving above 93.5. That's all.

Aug 20 2019
My NIFTY weekly chart view.

Aug 25 2019
Was remembering my old days. Hubtown ( earlier it was Akriti city) It was in F&O Look at daily chart.
800 to 2400 to 700 March 2009

Aug 26 2019
How do you read this chart? My reading style is different. Will update later.

Aug 30 2019
Even with higher volume more than yesterday volume Nifty is not able to move more than 120
points up. 10800 is important level now. If breaks we are in down trend. Overall range 10750.05-
11099.95

Sep 4 2019
I believe Bank Nifty and Nifty will consolidate next week. I will prefer to sell 28500 call and 27000 put
weekly option.

Sep 12 2019
Rectangle box and two horizontal line enough to scare long players.

Sep 19 2019
Bank nifty almost visited 50% body of Sita Tai candle . I will not be surprised if it will go below that
low.

Oct 1 2019
If Infy will form such chart tomorrow, I will sell below 9 with SL 9.1 or will buy above 9.4 with SL 9.25
In between 9 and 9.4 I will do nothing. - Oct 21 2019

Now at this stage I will place trigger sell at 9.2 with SL 9.28 This is practice for tomorrow for my
followers. - Oct 21 2019
Now it is 9.16 I will move my SL 9.2 Hope you all have some good knowledge with live ADR example.
Good night. - Oct 21 2019
Sometimes Bullish Engulfing with RSI is also working fine to go long.

Oct 23 2019
UPL Close below 550 may leads to further fall. 3 months up move was in slow motion and 50 % up
move was washed out in just 2 days.

Nov 9 2019
Reason behind short trade in just dial. Weekly support broken at 560 May & June month recent high
volume up move failed to sustain within 4 months. When index was making high this stock was going
down. Done and dusted. No sentence in my dictionary "Maine bola tha"

Nov 15 2019
Bharti Airtel If in next week it trades above 400 then huge short covering will leads to further up
move. Reason : Last 1 month price action.

Nov 17 2019
Done and dusted as mentioned in Moneycontrol article. All has knowledge but only few has
execution plan and guts. That's makes a difference in traders.

Nov 18 2019
Simple reason to buy Tata global. Few days ago Up more than 10% in a single day. Retracement done
in last few days and today it crossed that high volume. No any other logic or any trend lines or any
band or any bla bla... Go with operators and give them support to lift the stock

Nov 29 2019
Rectangle border is my SL whenever buy or sell trigger. This is enough for beginners to start with
favourite stock. Stick to only single pattern.

Nov 30 2019
It’s Bharti Airtel Let it sustain above 480+

Dec 3 2019
One more simple pattern based on 60 min. No any extra indicators Only attack when pattern is
validated.

Dec 6 2019

Important comment:

Mahesh

One query sir if u answer, Breakout from resistance or support should be look at after closing of
Candle right?? I mean after candle completed Right?

Mitesh Patel

In running candle you can also decide. Practice will makes you perfect
Same set up. Trading looks easy if you will follow your rules strictly.

Dec 10 2019
Infibeam last year chart. Can anyone dare to sell even after 55% down move in a first he. After first
he I waited for set up to short. Started selling after 12:30 hrs from 88 level. Squared off bow 70 Hope
you all can learn something from this

Dec 10 2019
4 days ago I gave buy call on Nifty option. Reason : Look at the Red candle with low volume bar.
Actually that was shakeout to remove weak hand with low volume before upmove. Whenever u can
see such shakeout with low volume, your conviction will get double. Experience matters.

Dec 20 2019
For investment purpose. Stock has given decent breakout with decent volume. Any pull back upto
310 is good for buy with SL 290. Disclaimer : Consult your financial advisor before taking this call.

Jan 3 2020
What’s the conclusion after today’s move and closing?

Jan 7 2020
High volumes during uptrend. Selling is absorbed by buyers. We may see uptrend in coming days.
But before uptrend I want consolidation to get more conviction for new high

Jan 10 2020
IGL and Bharti Airtel Simple learning

Jan 18 2020
Need one big green candle to trap all short sellers in next 1-3 trading days only.

Jan 23 2020
Bajaj finance after result. Down move then up move in next candle then two back to back r d candle
but still not able to go below previous green candle. Next green candle rejected down candles.
Rejection of down move.

Jan 29 2020
Who is trapped in this counter? RSI study ka satyanash kar diya..

Jan 29 2020
Try your luck. Mothersonsumi is now sell at 134.85 ( future rate) with SL 135.85 Lot big so trade as
per your risk taking capacity or trade with less qty in cash.

Jan 31 2020
Last 3 days volume higher than down volume. It’s not a fake up move. Nifty may consolidate here
before next up move. My view based on experience

Feb 5 2020
Observer it for learning supply and demand theory with min SL.

When to sell in such zone? Once the stock is pausing rally and starting reversal. Sl should be day high
when it starts reversal.

Feb 8 2020
8 years monthly chart. Game over

To learn select few very good 25-30 stocks and observe daily to learn. Then go for trading

Feb 16 2020
What happened when few days ago high volume red candle rejected?

Feb 16 2020
Looks good for investment with SL 730. I don’t have any position.

I don’t know target. I only know SL

Feb 16 2020
4th time in 3 months

Weakness will continue unless nifty will close above 12000

Feb 25 2020
Indigo Price action

Mar 2 2020
I can say only serious sell off. Bulls will have upper hand only above 11400 now. Note - I have 11400
weekly call sell position as per my risk.

Mar 2 2020
12000 to 11050 and with last 3 days high at 11400. Today bulls had great chance to lift and further
upmove by short covering above 11400. But a failed case. Weakness will continue. Short SL 11400 I
will prefer to sell 11500/600 call weekly as per my risk for next week.

Mar 5 2020
RBL Bank

Mar 6 2020
Will you go for short at this level. My answer is no. Reason ?

Mar 8 2020
Are you ready with me to sell if trades below 250 and sustain for at least 30 min in coming days? SL I
will decide during intraday candle formation. It will be just 2 points SL.

Mar 9 2020
Crude 1 year and 1 month chart In 1 year chart crude turn to bearish within a month and wiped out
full year gain. Gave small pull back and again closed below pull back low That gave a solid conviction
to go short on Friday as it was closed near day low with more than 5% down move

Mar 10 2020
Conviction to carry short

Mar 16 2020
High volume selling. I may be wrong also in my prediction. When trend is down and volume
increased then it’s a serious selling. Downtrend May continue

Mar 22 2020
Let’s see next week. Volume should be more when start new low journey. If you don’t know how to
judge volume during live market then avoid. Find such stocks which are trading at low and those are
your watchlist for next week to trade. Make your trading easy.

Apr 5 2020
Yesterday we have witnessed very high volume. Now 8500-9000 range will decide the trend. I am
following only high volume candle and it’s previous candle. Rest useless for me.

Apr 8 2020
Bajaj finserv. Same for Bajaj Finance. SL 4550 future rate.

Apr 25 2020
No need of free webinar. Learn here only. Lupin trade

Apr 27 2020 (please zoom in and read the comments its one of the most important chart)
Likely to trap sellers tomorrow. 15 min candle low should be SL to go long. For immediate entry SL
553

May 12 2020
I am following breakout or support and resistance. Today took the chance with resistance theory.
Once after crossing 19800 and back to 19770 sold bank nifty future with 19800 as trigger SL and got
the result within 20 min. This is example of trade based on supply and demand theory with small SL.
What is important here ? Execution. If you will not act then forget about trading.

May 13 2020
Bharti has given breakout on upside today with high volume. How many has traded on long side
today. I did it. SL 585

May 19 2020
Nifty range now 8940-9150 For this expiry. Break with volume will leads to one side movement.

May 26 2020
1.If you want to learn and earn from stock market then think only following. There is a daily fight
between buyers and sellers. (here operators and retailers) In first 1-3 hrs position will be created.
After that observe it through trend. Who is going to win (obviously operators)

2 Observe chart and find where are operators. (on buy side or sell side?) Just look at avg price ( ATP
). If trades below ATP then high chance for down move If above ATP then high chance for up move
Mark the big candle ( Red or green) That high or low should be SL as per position

3.Now I’m today’s nifty and bank nifty chart find big red or green candle and see the little magic.
90% it will work.

In today’s. Check with 10 or 15 min. chart

Jun 8 2020
4th attempt and I did my job. You have to act only with little
stop. Rest market will take care. 10800 PE 2 times entry. 2
times exit. 155 to 172 180 to 240 Normally I am getting
conviction after 3rd attempt
If ICICI bank above 390 and SBI above 200 will not trade in next week then forget 23000
level for bank nifty. - Conviction to trade Banknifty
Only relaince as it was in clear uptrend on previous day without giving any correction and
next day also it was holding morning upmove. TCS was down on previous day but next day
chart was zigzag. Avoid candidate. Rest zigzag movement. Avoid
Main reason for losing in stock market. Traders are jumping from one pattern to another
pattern. Always stick to single pattern as all patterns have their own advantages. I am
following only breakout pattern.

July 24, 2020

In my F2F video with elearn market I clearly told that if stock is going up with volume then it
is not going for you to sell at up level and to make money on anticipation that it will come
down in 1-2 days. Example: Relaince, Infy, Wipro, HCL tech, Muthoot fin. Experience matters

July,21 2020

Resistance level Kotak bank 1380 ICICI bank 380 SBI 200
Axis bank 450 IndusInd bank 540 PNB & IDFC first bank :
Who cares Hdfc bank all ready in uptrend now. Above all
banks are near resistance level. If all will cross with volume
then bank nifty will move non stop.
July17,2020
Who has experienced? Call increased put only less decreased.

Experience matters.
4th attempt and I did my job. You have to act only with little stop. Rest market will take
care. 10800 PE 2 times entry. 2 times exit. 155 to 172 180 to 240 Normally I am getting
conviction after 3rd attempt.

July10, 2020 SBI

This is what you have to follow system with discipline otherwise be ready to pay penalty.
Look at 1 hr chart today amd 3 min chart today’s chart. It was not sustaining even after
breakout above 200. Do pyramiding only once it is in your favour.
I exited at 201.2 because 201.2 was ATP for SBI. If stock has to go up intra with conviction
then it will not come below ATP.
July8, 2020
2 months ago bank nifty was around 19000. I was selling 17500/18000 PE Now it is around
22500. I am selling 21000 PE. Same premium. Whatever the index value it doesn’t matter for
option seller

July07, 2020
July 01, 2020
Yes. It’s better to wait for confirmation as you are playing with your own money.
My genuine followers are finding reason based on my order book

June 19, 2020

Reason behind long bank nifty position yesterday. Crossed

20500 on 4th attempt within a week. You need only
execution power to go ahead.

June 17, 2020

This is the simple way of trading and making money. Enter only when narrow range box
breakout done with volume. Your job done. SL just little below ( in case buy) / above (in case
sell) breakout candle. Follow only single pattern. Wait for loose ball and hit the six.
Forget index and F&O. Cash stocks are giving decent return with volume breakout. Look at
Alembic today. Earlier it was Vinyl chemical. Find 52 week high stocks and track the stocks
which are about to give breakout. Enter when volume is high.
June 8, 2020

1 If you want to learn and earn from stock market then think
only following. There is a daily fight between buyers and
sellers. (here operators and retailers) In first 1-3 hrs position
will be created. After that observe it through trend. Who is
going to win (obviously operators)
2 Observe chart and find where are operators. (on buy side or sell side?) Just look at avg
price ( ATP ). If trades below ATP then high chance for down move If above ATP then high
chance for up move Mark the big candle ( Red or green) That high or low should be SL as
per position

Now I’m today’s nifty and bank nifty chart find big red or green candle and see the little
magic. 90% it will work.
Fail trade. SL is important. 1 hr low.

Quote Tweet

Mitesh Patel
@Mitesh_Engr
· Jun 8
Bank nifty if sustain above 21500 for 1 hr then I am expecting upside with short covering. SL
should be 1 hr low.
Few are asking to share calls. I already told in advance here. At least take decision by
yourself to learn. Without decision power your knowledge is not useful to you. One side
movement till 9490 from 9150 Bought calls and sold put as per this range. That’s all.

May19, 2020
Bharti has given breakout on upside today with high
volume. How many has traded on long side today. I did it.
I am following breakout or support and resistance. Today
took the chance with resistance theory. Once after crossing
19800 and back to 19770 sold bank nifty future with 19800
as trigger SL and got the result within 20 min.
This is example of trade based on supply and demand theory with small SL. What is
important here ? Execution. If you will not act then forget about.trading.
Likely to trap sellers tomorrow. 15 min candle low should be
SL to go long. For immediate entry SL 553

May 06, 2020

Best time to trade in market when stock index is near resistance or support zone. Two types
of trades one can take 1 based on supply and demand theory & 2 based on range breakout
theory In both cases SL is small amd reward is big. 1st one will require big patience in
trading.

May 02,2020

Simple trading rule. If a stock has to go up full day then it will not give intra correction more
than 1.5% from CMP and will always trade above ATP. Vice versa for down move.
This was my Analysis based on chart. If you know how to read TA then it’s a magic for you.
Otherwise it’s a dugdugi for you only. Journey from 250 to 175 with more 165000 qty.
Yesterday we have witnessed very high volume. Now 8500-
9000 range will decide the trend. I am following only high
volume candle and it’s previous candle. Rest useless for me.

April 05, 2020

I can see pause in sell off. Volume drastically reduced.

Conviction to Carry short

Are you ready with me to sell if trades below 250 and
sustain for at least 30 min in coming days? SL I will decide
during intraday candle formation. It will be just 2 points SL.
#SBI
Will you go for short at this level. My answer is no. Reason ? Almost all had given right
answer. Volumes are very very low while breaking support as compared to previous low. No
short doesn’t mean I will go long. I will wait for few days consolidation te to go short or will
short only whenever there will be heavy volume down move.
12000 to 11050 and with last 3 days high at 11500. Today bulls had great chance to lift and
further upmove by short covering above 11400 (Last 3 days high 11400*. But a failed case.
Weakness will continue. Short SL 11400 I will prefer to sell 11500/600 call weekly as per my
risk for next week.

March 03,2020

I can say only serious sell off. Bulls will have upper hand only
above 11400 now. Note - I have 11400 weekly call sell
position as per my risk.
4th time in 3 months
Weakness will continue unless nifty will close above 12000
his is How he
@Mitesh_Engr
make excellent decisions !! i learned one best think that if SL
hit just exit .. we can enter again !! Thanks for sharing how
you traded it
Looks good for investment with SL 730. I don’t have any
position.
8 years monthly chart. Game over
ACCUMULATION AND DISTRIBUTION ..THESE HAPPENS IN
ACTION REPLAY MODE BUT OUTCOME IS VERY
AGGRESSIVE..TRY TO FIND THESE. AREAS ..MITESH BHAI KO
PAHLE HI PATA CHAL JATA HAI AUR WO INSTITUTION KE
SAATH AGGRESSIVE HO JATE HAI

@Mitesh_Engr
9:35 AM · Feb 9, 202
Last 3 days volume higher than down volume. It’s not a fake
up move. Nifty may consolidate here before next up move.
My view based on experience
Try your luck. Mothersonsumi is now sell at 134.85 ( future rate) with SL 135.85 Lot big so
trade as per your risk taking capacity or trade with less qty in cash. I am just sharing calls as I
am free today. Consult your financial advisor before trading
Bajaj finance after result. Down move then up move in next
candle then two back to back r d candle but still not able to
go below previous green candle. Next green candle rejected
down candles. Rejection of down move.
Ragh ragh mai price action daud Raha hai. It's a 12 years of exp. I love to trade only
rejection candle with low risk.
Need one big green candle to trap all short sellers in next 1-
3 trading days only.

It’s Bharti Airtel Let it sustain above 480+

High volumes during uptrend. Selling is absorbed by buyers.
We may see uptrend in coming days. But before uptrend I
want consolidation to get more conviction for new high.
Today’s volume higher than yesterday volume. Even after gap up bulls has chance to lift
index higher with less efforts and short covering but they failed to do so. Bears has more
power and push down the index. Need to close above today’s first hr high for more upside.
Aug28, 2020

OI was not going down throughout day. After 3 pm short covering did the job.

Aug27, 2020 Mitesh Sir retweeted PivotTraders tweet

So what did Mitesh do when he refers to "his theory on OI"
Well basically after 12- the price was increasing there was
more and more +tion in 23600 PE so much so that it
surpassed the rate of increase compared to 23600 CE which
clearly signified the fate!
Mitesh Tweet:
Based on my OI theory I sold 23600 put and 23500 put. Can you sold at such at high
premium? Yes if you have strong conviction based on smart money observation. SL taken
out at 10:47 & 13:45 Sold again within 5 min. Power of execution and conviction.

Aug 22, 2020

Now a days I am observing that trading patterns are changing easily. Operators are doing
SL hunting game. Reason : All are becoming technical experts.

Aug 21, 2020

Whenever Stock will go down it will not give chance to exit your long positions. And
whenever stock will go up also it will not give chance to enter. ( Normally investor/traders
are feeling that I have seen X rate just before 5 days then why should I buy at X+10% rate.
Eg. NTPC

Only daredevil traders/Investors will catch the move.

It was traded with high volume 2 days ago. Highest volume
in last 3 months. Stock should be in your radar for next few
days if you will find such volume in any stocks.
Lunch box under formation for Nifty. Inside box
consolidation will continue. Outside box we may get one
side movement.
Look at the explanation for how to read OI. Observe it for
next one month and take decision by yourself. Note : At
present I am not looking at OI data due to high VIX. To learn
this you don’t need to pay your money to someone.
I said single line in my F2F video. Whenever breakout will happen on any side it will not give
chance to retailer to enter or exit. SBI was giving chance to enter at 202-203 to retailer. Now
you got the answer for fake breakout. 5L vale course mai bhi koi aisa nahi sikhayega.

Quote Tweet
Pause in rally with higher volume. Generally it comes during distribution phase. We might see correction
before further up move. Above 11300 rally will continue.