A Peek into Today’s ‘Buy low & Sell high’ Trades of Nifty

‘Buy low, sell high’ has a strong connection with the natural cyclic changes of the market. And to take benefit from such market changes, one must understand the natural behavior of markets. 

But how the natural behavior of markets looks on the charts? That’s the question we often get asked by the readers. 

Well, by natural behavior, we generally mean the fluctuations in price and the natural principles we used to read them. And one such precious principle of nature is the ‘TREND SQUARE.’ Because it reads and reveals the market order in a way that one can take advantage of the ‘Buy low & Sell high’ opportunities when they come

So, let’s look at today’s Nifty Intraday 05-minute chart to see how the ‘Buy low & Sell high’ opportunities were easily tradeable using the TREND SQUARE principle.

TREND SQUARE level

First, the Nifty opened gap-down. Then, it took support from the TREND SQUARE level and moved higher, which was a good opportunity to go long on the break of the green oval point. 

Nifty TREND SQUARE level

Then around 11:00 am, it faced the resistance precisely at the TREND SQUARE resistance level and moved down, which was a perfect opportunity to go short on the break of the black oval point.  

And here is how I used that sell signal for the intraday. 

P.S: I was not able to take the BUY trade because I reached late at the office. 

So, that’s how the ‘Buy low, Sell high’ works; we need to track the trend from both sides (up & down) to grab the early opportunities as they arrive. And one of the simplest ways to do that is by understanding the natural behavior of the price movements.

Below are a few more posts to help you understand the process of the TREND SQUARE method.

How Gann’s Square Method Played a Crucial Role in today’s Fall?

Bull-To-Bear Game In The Nifty Index

A Classic example of How fast Trends and Positions change in Day trading

Trend Square Trading Method Commodity Charts

About the author

Divesh Jotwani is a full-time trader in the Indian stock market. He has spent over 20+ years researching and discovering WD Gann's methods and applying them day-in and-out markets.