Breakaway Gap Trading || Nifty Analysis || Bear Market || Anish Singh Thakur || Booming Bulls - YouTube

Hello everyone.

My name is Anish Singh Thakur.

Welcome to our very special, knowledgeable video where we will go to the advanced level of technical analysis.

Plus, that advanced level is absolutely fit for our current situation.

So, by this it will increase our knowledge and we can make money as well in the coming week.

Alright. Let’s start it.

Today, you must have seen the thumbnail, you must have read the title.

I have written it for the 4 days of Nifty. For what are these 4 days? What has happened?

Here, there has been a formation of breakaway gap. What is a breakaway gap?

Let us read it. A Breakaway gap is a term used in technical analysis which identifies a strong price movement through support or resistance.

A gap is the difference between open price. Let me show you an example of a breakaway gap.

So, best, can you see an example here? The price is either in pattern

or double top, triple top or to some consolidation to break the gap.

Here, from this point. See, here, there was some resistance here which the market was not able to break.

Again and again it was not able to break this wedge.

Now it is broken.

Assume it was forex, if it would have been crypto then this gap would not have been there.

So, in place of that what would it have been? A strong green candle.

If a strong bullish engulfing green candles breaks it, then you will go long right?

When the breakaway gap if I write it here for you.

BREAKAWAY GAP,

ok. I’ll keep it like this then,

are you able to understand?

If I? You would not be able to understand. If I write OUT here,

then do you see Breakout word resembling a bit. If you see, if I remove the ‘away’ word after ‘break’

and if I write breakout.

It is a breakout gap, okay?

Come on, I’ll show you,

if the market is breaking like this then it is called breakout, ‘breakaway gap’.

So, in the breakaway gap, I’ll take you back a little in Nifty only.

And I’ll bring you here.

Ok Let me show you some breakaway gap in nifty. Just one minute.

There is so many breakaway gaps in nifty, I’ll show you the good one. Which will be better understandable to you. Alright?

Ok, look at this one.

Look here,

here you can see the market has made a high.

After that, it fell down continuously. Ok, Fell down.

After that, the market tried again, first it tried on 20th September and it didn't go.

Again tried on 22nd September, didn't go.

Tried twice on 22nd, didn't go. It tried a third time on 22nd and didn't go,

and was closed. Buddy, it opened on the 23rd like this!

When it opened like this,

so this, can you see it?

Instead of this, if the market would have not been closed then what would have been here? There would be a strong green candle.

So, when the breakout is gapped then,

it is called the breakaway gap. What is the breakaway gap?

Breakaway gap is strong. If I check volume in it, it won’t be visible but you do check the volume in some stock or in nifty futures.

You will see heavy volumes. And then, if this breakaway gap has failed?

If this breakaway gap fails with closing of the market, Intraday should get in as soon as possible. The swing ones should go in a bit later.

Here, it is not useful for the swing. It is useful for Intraday. But, here if you can see,

if the market tests this level again and holds then, it would be beneficial for the swing as well.

So, this is one example of the breakaway gap, where you see a strong bullish momentum like this.

Now, I will show you some more examples of a good breakaway gap.

Let’s say over here, ok? This is a great example over here.

Here, you can see again in the market there is a strong resistance.

On 17th August, the market is not able to break here. It is not able to break on 17th August, 18th August.

Again it tries on 25th August, it is not able to break.

Again it tries on 27th August, it is unable to do. When the market breaks such a pattern,

double top, triple top, or a resistance.

The breakout is done. If there would be a candle,

if there would have not been a gap? If it would have been crypto or forex?

Green candle would would break it. This is a multilevel breakout. It broke a great level of resistance.

So, this is called the breakaway gap.

What the word is guys, this video is special because,

for the first time it has been found in bearish market. From so many days I have been watching, a lot of students ask me,

“What to do in downtrend?” I say, “Do not focus on the downtrend.

So, when the down trend comes at that time we will talk about it.”

The time has come now.

I had a discussion today with my team and thought I should put this video on YouTube. It is a very important topic.

It will help a lot of you.

So, just as the breakout is done, intraday should go in. It has to go in.

Swing has to go in somewhere here,

when the market closes.

In this I’ll tell you about the rules. There are three rules.

Let me quickly tell you all the three rules here.

If I say all the three rules then it would be very great for you to use the breakaway gap. First, the market says,

when the breakaway gap is formed, then some price pattern, double top, triple top, chart pattern should break.

So, it is breaking up, double top, triple top.

There is ‘V’ pattern as well like head and shoulder,

like inverted head and shoulder.

This is point number one. Point number two, there should be heavy volumes

You see it guys

Look at 27 August date Observe 30 August date

Open Nifty futures on 30th august

What's open it Let me open it in front of you, What's there in that

It will be better for you

Will open Nifty Futures on 30 august

Nifty sectors Nifty futures

We will come Over and 30th August

Ok this is the time 30th August Here will start volume indicator

Look at the indicator Look at the volumes over here

Do you see a spike in volume?

When it is breaking out

Breakout is arriving here

Look when it seems future You see this

You see

Look

See the spike and breakout with the higher breakout

When it breaks the market with higher breakout Then it's confirmed its high volume

Third point

There is one retest that takes place for swing traders

Because for many times what market does is This moves straight up comes down

and confirm this level that makes this level a new high

It gets confirmed According to book knowledge these 3 points should be confirmed

Now I don't want to go with book knowledge I want to tell you according to me practically

You see this over here Here we have to buy this where there will be a break in resistance

When the resistance breaks market gives a closure A swing trader enters

Again a movement

Again a big movement

Again a big movement and then arrives a very good movement Till it does not form a exsaution gap

Its formed here where it breaks the low of a day

Don't complicate it Now will bring to present

Now i am saying what do you mean by a bullish market and what do you mean by a bearish market?

If you ask me on a higher time frame

If you ask me on a higher time frame When market on daily time frame

Means am talking of a long term In the short term

if it moves on hourly timeframe beneath 200 moving average then that I will consider Bearish

Lower high lower high lower high

Is seen from a long time Its making lower highs from a longtime

From long time- from long time it is making

But rather than performing that open daily time frames 200 moving averages did you see?

This daily time frame input I have made it daily

Daily time frames 200 moving average This is a line

What is this

If we say under this line market is bearish

Above this line is bullish

underneath its bearish Now let's one thing

Since we got to know that this belongs to 200 moving average Am here

Let me draw a line here And removing this

For making it easy Now dude look

Is it visible to you? This line is also not required

Can you see there's a important support level

Market did not go below this

Can you see it Definitely it is visible

It was a very important support level

Market broke this via gap This big

What is formed This is called a break away gap

This is the first breakaway gap of this situation

Which forms and now One breakout is given

Means a zone is formed

Which is visible here in front of you

A zone formed here

Actually that zone will be formed here

Breakout came from here And second nearly from here

Let's consider from here Considering this,

If we considering this, what did the market perform? I said

It tried to fill this gap

Couldn't do it

And came back Let me tell you one thing

Gaps also We also call gaps

What is gap What do you mean by a gap?

A gap is always called an emotional point

Emotional point Because those who bought here

All those who bought here They would face a bad trap

They would have teaser Leave their situations

And those who shorted here They are too happy

Want to sell the market more

So the fights in bears and bulls That's why, gap is a very emotional point

Here bears showed their powers Bulls couldn't

This is also called an emotional point Now coming back to the

Remove Technical point

So first break away gap is done I already told you that a retest is there

Market now has retested twice

After giving retest twice Very interestingly, I will take you again

Again there was a pattern over here Do you see this pattern?

If you look at the pattern very If you watch carefully, then you will see

Its unable to break

It broke but couldn't sustain It can't break

It is a kind of a not a pure textbook head and shoulder But this is a head and shoulder pattern over here

Market couldn't break and if broken then couldn't sustain And again couldn't break

And we get a short term support here This one

And what happens is during Fridays, it's in front of you

On Sunday market is closed and directly And again gives a break away gap

So guys This is the second time a breakaway gap is formed over here and

And this is the thing

That market if till After breaking doesn't give a closing here in daily time frame

I don't consider that gap is filled

But the market gave a closing here

Now one thing I want to tell you Now I will bring it to you in daily time frame

So you see this is the strong level over here This is the very important level over here

Let me drag a line straight for you It will be easier for you Look at the numbers dude

This is the market analysis for Nifty I made Rest stocks will be shares tomorrow

16337 is the first number And then

16496 this one

The gap here

It's very important This what the textbook says

Who Not me

The book says that the breakaway gave If the gap isn't filled within 1-4 days

Alright let me share an important thing This whole story

Where is it happening Beneath 200 moving average

The best part is the market gave a gap down Took a retest from 200 moving average

And again showed a bearishness It's a straight thing that market That market here

Now listen to me carefully Many of you partially listen with attention

And like previously I said that market will open gap up

But opened gap down

Some are saying That bro

You don't know anything

Bro listen If you want astrology

Then google astrology in trading Write like this

Astrology in trading

And these famous people you get

Go to them

Go Go to them don't come to me

Then open YouTube and type

Astrology in trading and go to them

Was I mocking Why am I saying like this?

Why am saying such You know

Because I will only say that What data will say

I am not an astrologer. I am a technical analyst

What Data will say

Whatever data said. I will also say that I don't have a habit of showing cleverness

And talk about that

What does this Data say? At that time,

Data was said that it will open a gap up

Now also I don't want to guess

My guessing sometimes will help and sometimes not

And like this I don't want to flee people Clearly saying

Data says that Singapore Nifty will open by 100 gap down If it opens gap down, then I will still say

According to the present, it will open a gap up That's why I said

That's why I told That is the point I am saying, listen attentively

Or else you will say that you said it will go up and down No

I am telling you As per the situation it’s a strong bearish market

I made a video about war and I told you that the market goes 20-30% down

It's there

One goes 20-30% down One bear market a recent High

If I go below 30% recent high

Look if from my top high

Then also you can see You can observe

That there are important levels over here Here also there are important levels

Here also there are important levels Here also there are important levels

So there are a lot of supports now Which can come

Will it arrive or not Let's talk in that

Sorry I cannot turn and speak

Directly will come to point It arrived at the point

The thing is the price action right now

Breakdown and retests are again going down

There are two breakaway gaps starting from this point to that point Which tried to fill but it did not fully fill

It gave a closing downwards

So if within 4 days market

If this gap is filled and doesn't give a closing here

So remember the market from here will move more down

Alright I have given, what i said

In simple words the market cannot break these simple levels

Cannot claim 200 moving average fast

So you understand that market will have a very bad fall They are going to at least 15-20% time in 6 months

But it starts from here Alright

I will suggest to you how to trade

If it opens gap down wait and watch allow to consolidate then do short

You can short gap down by grabbing pivot points

If it opens sideways this would be your first short point

Where you will get a bearish candle

This would be your second short point, this is your bearish candle

And this would be your third point I told you 3 points

16337

16500 ,

16700 these are the three places where you can short if you have heard it by the dip

you have been listening repeatedly, that was of bullish market, now you get to know about bearish market

that is sell on rise.

now we are not in a buy and dip situations, we are sell on rise situation until we are

below 200 EMA. the moment we grow close above 200 EMA,

sell on rise until below 200 EMA, I have written this technically, ok?

so, this is the technical language I have used,

you have to short in this 3 situations, whenever you found the resistance, I have given you big levels, in the daily frame you have to look carefully.

and when it goes above 200 moving average I will make another video, promise, same like this.

NIFT on above 200 EMA

now what’s the strategy? right now all the traders watching this video like it or not

just you have to short the market. the moment it’s coming nearby 16334,

16500 or that 200 moving average in daily frame time, So there is a strategy for you

In NIFTY, NIFTY has 4 days, in 4 days’

in 4 days, if market will go side wise, if it will not break. guys be ready to short long.

you have to be ready to do short the long.

for doing short properly, will come the first Support level. that I will say,

first support level will come, this area

where market will consolidate around 15700 or 15800. 15800 is far from 400 points.

this is our first support area, where is market will stopin this range from 15900 to 15500

or if it can stop in range of 15600 that is very good,

but if it’s not possible to handle the area then we will see further down side which will damage those who have long term portfolio

to long term portfolio

I will make a video where I will show you in which stocks you have to invest where do I invest,

in which mutual fund,

and NAVs

I will buy I will share this too with you. but you have to keep on investing where you invest in general.

next support will come around 14200. So, this are the future prospects of NIFTY, this was a detailed video on NIFTY.

I hope you liked it.

In last 2 min I will elaborate in Hindi, what you have to do,

you have to keep looking at this level if market will open like sideways, and touch it 330 or 15 minute time frame

or 30 minute time frame you will get a red candle or a long wick, you have to short it, buy a put and short it, short the future.

So look, this is NIFTY this tell the story of over all about market and it will work in stock.

NIFTY influence stock

if it try to fill the gap and will get a rejection around 16500, you have to short it. it will gate short position, you just short it.

if you want to buy, you can wait and look for the retest. but here retest is done,

here is a story of swing trader, this is, here I got mine,

I love this I got this.

if market will go slide down so we will get the target 15900 very easily in upcoming weeks.

So let’s see, for 4 days what NIFTY can reclaim? if NFT will not reclaim or will not capable to fill the gap in 4 days

then we will become bears for

the short term trend. ok so if you like the video do like.

if you like the video on this current situation please do like. I don’t know how much views will come, if i will get likes i feel good.

So please like the video it will makes me happy.

see you soon, I mean see you tomorrow in the market analysis video. Bye Bye.

I have to tell one thing, thank you so much. I have asked for some questions for Q&A, you guys are sending questions properly.

but 11 people send me their video,

people are saying that I have this problem'' I have those problem'. I can see in your face how much serious you are

and how serious the problem is. I will make a video seriously, promise.

now you guys have time, I will give the link in description,

in this link anyone can send the video who wants to send.

after listening I will answer you in detailed. if you want to talk to me.

send me your videos, queries. I will run a video series, every day 5pm

1 video will come,

there will be the solutions for 1 or 2 people queries. I can make series every day at 5pm.

send me the videos, what questions do you have

or put it into google forms I will reply you. Ok

only one thing makes sure you like the video, you post a comment.

and you subscribe If you haven't subscribed yet so that's it we are about to reach 1 million

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good mood to deliver really good contents and to make many series,

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let's go ahead together towards the journey of 1 million.

Thank you so much guys Bubye

and see you soon tomorrow.