Used to refine entries, observe immediate chart patterns, and place tight stop losses.
: While applicable to intraday trading, his core strategies often leverage larger daily and weekly timeframes, especially for swing trading, to filter out "market noise". Amazon.com Key Trading Components Based on his published works like Price Action Trading: Technical Analysis Simplified , his strategy involves specific technical building blocks:
The Ultimate Guide to Price Action Trading by Sunil Gurjar Price action trading is the art of reading raw market data without lagging indicators. Sunil Gurjar, the founder of Chart Mojo, has popularized this approach for retail traders in India. This article breaks down his core principles, chart patterns, and risk management strategies. Who is Sunil Gurjar?
Used to identify the major trend and locate major support and resistance zones. If the daily chart is firmly bearish, taking a bullish intraday trade carries a lower probability of success. price action trading sunil gurjar
: He teaches both Initial Stop Loss placement (to protect capital) and Trailing Stop Loss techniques (to lock in profits).
: Traders aim to make decisions without the "noise" of complex technical indicators.
Many price action books are written with US or European markets in mind. Gurjar's work is deliberately grounded in the , addressing regulatory intricacies and market sentiment specific to the region. His case studies use Indian stocks, and his strategies account for the unique characteristics of NSE and BSE trading. For retail investors in India, this regional focus provides immediate relevance that imported trading books often lack. Used to refine entries, observe immediate chart patterns,
In the fast-paced world of stock market trading, where complex algorithms and endless technical indicators fight for dominance, a simpler approach often wins: . Among the proponents of this philosophy, Sunil Gurjar has emerged as a voice focused on the raw, unfiltered movement of price, advocating for a strategy that strips away market noise.
Beyond psychology, Gurjar's teachings on practical risk management are equally rigorous. His courses cover , stop‑loss placement , and risk‑to‑reward analysis —all of which are essential for long‑term survival in the markets. The philosophy is simple but often ignored by retail traders: protect your capital first. Profits will follow naturally when risk is properly managed.
Unlike traditional traders who draw horizontal lines at every swing high/low, Gurjar uses a specific method called Sunil Gurjar, the founder of Chart Mojo, has
If you want to master this style, avoid generic YouTube "trading gurus." Instead, look for specific content:
: Pinpointing horizontal levels where price tends to reverse or consolidate due to historical supply and demand.
To understand the depth of Sunil Gurjar's teaching, it's essential to first appreciate the breadth of his practical experience. He is not merely a theoretical educator but a full-time stock market trader whose daily routine involves researching macroeconomic events and analyzing stocks for positional and swing trading. This hands-on immersion forms the bedrock of his credibility.
