Price Action Trading Sunil Gurjar _verified_ Online
Sunil Gurjar , a SEBI-registered Research Analyst and CMT/CFTe professional
, teaches a price action trading philosophy centered on "clean charts" that prioritize price movements and volume over a heavy reliance on complex technical indicators. Amazon.com Core Trading Principles Price & Volume Focus
: Primary decision-making is based on how price reacts at specific levels combined with volume validation to detect institutional activity. Support & Resistance
: Trading revolves around identifying horizontal levels where price rejection or acceptance occurs. Market Cycles price action trading sunil gurjar
: Understanding whether the market is trending (bullish/bearish) or ranging to choose appropriate strategies. Rejection vs. Acceptance
: Focuses on identifying "rejection wicks" (failed moves) and "acceptance zones" to pinpoint entries. Amazon.com Technical Analysis Toolbox
The "Dead Trades" Concept
If the market is not providing a clear setup (no Inside Bars, no clear S&R), Gurjar declares it a "Dead Trade" day. He advocates sitting on your hands. Forcing trades when price is ranging is the number one cause of account blow-ups. Sunil Gurjar , a SEBI-registered Research Analyst and
2. Support & Resistance (Swing Points)
Unlike traders who draw random horizontal lines, Gurjar focuses on Swing Highs and Swing Lows. He teaches that the strongest levels are where price has reversed sharply in the past. He often says, “Resistance becomes support after a breakout, but wait for the retest.”
A Simple Sunil Gurjar Price Action Setup
Here is a classic setup he teaches for a Bullish Trade:
- Identify the Trend: Zoom out to a 1-hour or 4-hour chart. Ensure the market is making Higher Lows (Uptrend).
- Find a Key Level: Draw a horizontal line at a recent swing high (Resistance).
- Wait for the Breakout: Price breaks above the resistance.
- The Flip (Role Reversal): The broken resistance now becomes new support.
- The Entry: Price returns to test that new support zone. Look for a bullish Pin Bar or Engulfing candle.
- Place your Stop Loss: Just below the Pin Bar low or the support zone.
Result: You are buying a retest of a broken level, aligning with the trend. This is a high-probability trade. The "Dead Trades" Concept If the market is
3.1. Identifying Zones
Gurjar teaches that zones are not single lines but areas where "Smart Money" (institutional traders) has left a footprint.
- Demand Zone: A price area where buying pressure overpowered selling pressure, resulting in a strong move up (an impulse). Traders look to buy when price returns to this zone.
- Supply Zone: A price area where selling pressure overpowered buying pressure, resulting in a strong move down. Traders look to sell when price returns to this zone.
1. Market Structure (The Trend)
Before placing a trade, Gurjar insists on identifying the structure:
- Uptrend: Higher Highs (HH) and Higher Lows (HL).
- Downtrend: Lower Highs (LH) and Lower Lows (LL).
- Sideways (Range): Indecision. He often advises staying away unless you are a range trader.
The Essential Toolkit: Sunil Gurjar’s Price Action Strategies
Let’s break down the specific techniques that Sunil Gurjar uses to consistently extract money from the markets.
The Core Philosophy: "Read the Market, Not the Indicator"
To adopt Sunil Gurjar’s style, you must unlearn what most beginner courses teach you. The core philosophy rests on three pillars:
3. The Concept of Supply and Demand (POI)
Unlike traditional support and resistance lines drawn at specific price levels, Sunil Gurjar utilizes Supply and Demand zones, often referred to as Points of Interest (POI).