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Support and resistance are the fundamental building blocks of price action.
: A price level where selling pressure halts a markup.
A hallmark of the Chart Mojo style is the "naked chart." Gurjar advocates for removing unnecessary indicators that cause analysis paralysis. Instead of watching overlapping lines, a trader's focus is directed toward swing highs, swing lows, and the interactions between buyers and sellers at key structural boundaries. 3. Horizontal Support and Resistance price action trading sunil gurjar
This method removes emotion. You aren't guessing; you are following a checklist.
Always start your analysis on a higher timeframe (e.g., Daily or 4-Hour charts) to establish the primary trend and identify major support and resistance zones. Then, drop down to a lower timeframe (e.g., 15-Minute or 5-Minute charts) to time your exact entries. Support and resistance are the fundamental building blocks
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For anyone looking to demystify the stock market, Sunil Gurjar's approach to price action trading offers a refreshing and highly effective path forward. His philosophy—that the best tool is a clean chart, an understanding of market psychology, and a disciplined risk management strategy—has resonated with thousands of traders. Instead of watching overlapping lines, a trader's focus
Before executing an order, a trader must define the structural environment of the market asset. Gurjar adapts classical Dow Theory into highly practical rules:
Sunil Gurjar has broken down his price action philosophy into several core components that serve as building blocks for both beginners and advanced traders. He emphasizes that technical analysis is not just about knowing the tools but about developing a structured, repeatable process. Below is a comparison of his foundational and advanced techniques.
Price action reveals the battle between buyers (bulls) and sellers (bears).
Price action without risk management is gambling. Sunil Gurjar is strict about two things:
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