Intraday & Positional Trading Strategy - Inside Bar - 90% Accuracy | Vibhor Varshney
Hi everyone, very warm welcome to another video very warm welcome to another analysis many viewer insisted to make video on inside bar showed there intention to learn going to make video on it Hi every one, my name is Vibhor Varshney i am SEBI registered research analyst today will teach inside bar in detail entry, exit points, valid invalid patterns along with this will give automated screener how can you find inside bar in daily chart What is Inside bar? its just like mother baby pattern when lady become pregnant, she carry baby in stomach baby head never go above head of mother and similarly for legs dont go below mother leg it is more like in mother candle, baby candle is merged properly we call it as mother baby pattern some say it inside bar today will learn it in detail Lets move directly to our video, let see what all we going to cover Inside bar, as i already told you what is inside bar now will learn what is valid and invalid pattern when to trade and most imp. when not to trade entry and exit levels, highly imp. how to be safe from fake breakout along with this i will give you automated screener which i will post in description, it will be with you for life time you can save it, it is free, dont have to pay anything neither have to install any app will cover all these topic by topic possible that video will be bit longer if want to learn, stay tuned till end if not want to lear, can close it now and leave Inside bar work with very good pattern lets start with Valid and invalid and see how pattern works Inside bar is mother and baby pattern first showing how it works suppose this candle formed, first looking at valid patterns suppose one candle formed, for example - green candle formed first candle marking it as green color 2nd candle should be like a baby that should be summarized under 1st candle something like this, high low should be protective till time High low is sustained and not breached even by 1pt that will be a valid pattern will try that 2nd candle is in bearish form of other color then it is add on, something like this this is perfect valid pattern will move towards invalid pattern as well but will move slowly, as get to learn more otherwise what will happen, i gave screener you see patterns, but dont know on which pattern to take trade and on which pattern not to take trade all will be in vain, all will be ruined as you dont know where to jump in in short, for those making notes, if not please make this high low of 1st candle should remain protective 2nd candle close under this, but high low also should not breach for examp, if someone have doubt that 2nd candle made high but close below in short, this is candle formed something like this candle real body is under, but pattern form outside like this high low breached, pattern is invalid i dont count it as valid, it is invalid because protective high low is breached now this pattern is of no use, Invalid this is valid and another is invalid pattern there is another invalid pattern where if 1st or mother candle is Doji note this, or watch video again another part in invalid pattern, for examp. 1st candle is doji & 2nd candle is inside this pattern is inside bar but not confident so will count as invalid this is one of pattern what not to trade will cover rest of part slowly, 1st understand pattern where 2nd candle is under high low of 1st candle that patter will be valid rest of pattern is invalid now coming at real time frame ques. is in which time frame we can trade in intraday, i pick 15min chart
then daily, weekly chart and if have more paitence then can use monthly as well as pattern will form in 2months Breakout will come in 3rd or 4th month have this much paitence? do trade then pick this time frame for postitional 15min for intraday, daily & weekly for positional i will show nifty, banknifty or any stock you mention in video, will show that as well but now starting with index, with 15min and positional and here will get to know how entry exit works let me first teach entry exit..or first show you pattern 1st showing some pattern to see how this works before moving ahead, if you are new viewer watching video for first time and channel not yet subscribed please subscribe the channel and press bell icon more video to come, trying to start series where every sunday or in 10-15days do these type of videos with screeners without wasting time, 1st see patterns valid and invalid both then will see how entry come starting with nifty, its weekly chart now showing pattern then will teach about entry this is inside bar, why? zooming in this is inside bar, becasue high low is protective 2nd candle high is 18012, clearly visible that didnot crossed, 2nd candle low is 17697 clearly visible that its protective see more examples, where we see opposite candles means, 1st candle red, 2nd is green then those pattern will count as more confidence for example see another pattern check if high low crossed or not but here we dont have opposite color pattern is valid but not much confident as high is 914 and 1st candle high is 915 2nd candle breach low by 3pts, invalid pattern lets see more valid and invalid patterns this is nifty weekly chart, i am doing live screening so as you understand easily see this pattern, looking very great 1st candle red, 2nd green, opposite colors 2nd candle is summarised in 1st candle high low is sustained and this we call as inside bar now see daily chart in banknifty you can see inside bar here, 2nd candle is doji 1st candle is red, opposite color and summarised also this is inside bar, these are valid patterns will show you more valid and invalid patterns then will move to our screening, zooming in this is live pattern already formed this is live pattern, people who commented i mentioned that it is formed in banknifty this is live inside bar 1st candle high is 36709 and other is 684 low can see not breached, this is inside bar let me show you 1,2 invalid pattern so that you identify those patterns as well for example see this, high crossed 1st candle high 39,380 2nd candle high is 424 this is invalid pattern, because high crossed we have to identify pattern where high low of 1st candle is protective that will good for us as its valid pattern lets see recent case, see this 1st candle high cross,but closed below you will think its inside bar but its not inside bar because high crossed as high crossed, mother candle high is 35050 2nd candle high is 112 due to which it went up later it hit our SL reason is invalid pattern i hope after these example you have clearity of valid and invalid patterns where high low cross, not have to trade in it showing one more example, see this 1st candle high breach, low breach by doji due to which SL hit both side if someone short, here SL hit if someone long, then here SL hit as there was no valid pattern formed i hope this was clear now will see where to take entry sir you told which are valid invalid pattern ques is where to take entry and where not or fake breakout lets do one thing, draw again this is 1st candle, this is 2nd candle high low still protective coloring 1st as red, 2nd as green ques is where to take entry this is one of most imp part, dont miss it i am saying from beginnning that high low should not cross means which line is imp to me? this is high this is low, this is one of most imp part this become range indirectly entry will come for long/ short wherever it give breakout listen carefully, entry point, revise multiple times and make note of it if you on bullish side then stock give breakout close above high and form bullish or green candle writing here, reverse for bearish 1st condition, close above high 2nd condition, bullish candle who use white black, then its white those use green red, then its green some use blue, then blue if both condition satisfied, then entry is upside close above high, not that went above but close below means 1st condition not satisfied close above high 2nd candle should be bullish, should be green some times, due to fake breakout trapping happens for exm. candle formed like this, but formed as red think from where force coming? upside down or downside up? if red then upside down, we need downside up momentum should reflect as picking up if both condition satified, then my buy side entry will come otherwise will not take entry same goes with bearish, it will be reverse of bearish for bearish, breakdown should come close below low, taking high low of 1st candle 2nd condition, candle should be bearish candle means selling pressure shoule be there from upside to down first showed you valid and invalid patterns now taking to entry exit and fake breakouts first removing all these will take example of nifty banknifty only so that you see clear patterns and how they work we found pattern, this was invalid pattern why i rubbed drawing, neverless this was also invalid, because levels breached no problem, there are lots of pattern see this, its double inside bar this is 1st and this another one inside its high and low should be protective this is 1st candle high, this is low breakdown come, 1st condition should close below low low of 1st candle is 40508, closing clearly visible at 39000 something 2nd condition was bearish post that nothing, only fall, sell on rise continued how to be safe from fake breakout, showing that also 1st and 2nd candle formed inside bar pattern see carefully, high is 38929 3rd candle went upside but did it closed? no i used word CLOSE, if you watching 15min then 15min candle should close if daily candle, then daily candle should close same goes for weekly this move above, people who didnt have paitence to see close got trapped here, post that good fall got trapped and good selling then same goes with this, showing another pattern then will take nifty example, then see screener both candle formed inside bar, high protective no this patter is not valid as low breached by 9pts lets see another pattern, see in nifty this chart we prepared in nifty 1st candle red, 2nd candle summarise perfectly fine high cross, sustained, what i said? should close above high, which it did should be bullish, yes post that only momentun rally got to see this is weekly chart if remember, when nifty bottom out around 7511 you know what pattern formed that time? same which i showed you know same pattern formed nothing different simple, 2nd candle red of opposite color higher low protective, yes 3rd candle cross high, yes bullish? yes, both condition satisfied nifty bottom out then and good momentum came in did i use volume? no, RSI, moving average? no..nothing, simple crisp and clear price action analysis
usually people are in hurry, see this example how fake trapping happen in nifty 1st candle green, high is protective but low crossed here people short, after 2-3 week will get trap because this pattern was invalid this pattern in valid, see carefully high protective, low protective doji give closing, high crossed bullish cross and momentum is continue simple examples with nifty, banknifty showing one example of 15min showing you live example in nifty banknifty 15min 1st candle high protective, low also protective 3rd candle breach low at 2.15pm, closed also and red candle it is, entry came after entry market fall 250pts same day because you read pattern completely lets see another good example this is morning 1st candle, 15min chart for intraday purpose, 17222 high next candle high 215, high protective 2nd candle low is 160, here low is 162 low also protective by 2pt here entry came see carefully for full day my low was protective if someone shorted at candle closing around 148 low made at 40 30-40 pts in intraday, much enough in intraday chart of 15min, time frame will be around 4 5 candle along with this showing screener will post this for you in description you can click through mobile or laptop no software download, login, app install require no payment, no coding required it will show you live patterns see this, technologies mavana sugar showing this is for daily chart, showing same here is pattern or screener working last live pattern showing high low not breached high is 138, high is 137.95 saved by 5paise 2nd stock was mavana sugar, here also high low protective 5days before as well inside bar formed which gave enty here and fall further before that here inside bar formed which gave entry here and stock went from 102 to 128, before that inside bar formed here before that it formed here and so on lets see more stocks which looking good zuari agro, live inside bar formed and 4days before here inside bar formed 2 times short entry active an SL protective someone know he has to sell his stake same goes for this, inside bar formed, entry came from 117 to 132 in 3days what a massive return simple technical analysis what all i covered here in video inside bar valid and invalid patterns entry, fake breakouts and automated screener which will be there in description if want to lear crisp clear price action analysis please share video with friends like and subscribe if liked video and share with your friends, they also get chance to learn if you continue support us, will keep posting more patterns and teaching I hope you liked video, and if want to learn similar patterns hammer, shooting star, morning star, bearish harami, engulfing, support resistance and trend lines, please share video with your friends, like and subscribe if any stock, comment in comment section Thank you for watching video, Lots of love!