Action Trading Sunil Gurjar: Price

Sunil Gurjar is a prominent SEBI-registered research analyst, CMT, and CFTe professional known for his "Price Action Trading" methodology, which emphasizes analyzing raw price and volume over complex technical indicators. As the founder of Alphamojo (and formerly Chartmojo), he has established himself as a leading educator in the Indian stock market through best-selling books and comprehensive mentorship programs. Core Philosophy: Price and Volume

Price action trading, as taught by Sunil Gurjar, is a method of analyzing the "raw" movement of a security's price to make trading decisions, prioritizing market psychology over complex technical indicators. Gurjar, a SEBI-registered research analyst and founder of Alphamojo (formerly Chartmojo), advocates for "naked chart" trading to simplify technical analysis for retail traders. Core Philosophy: Price Over Indicators price action trading sunil gurjar

Naked Chart Analysis: Minimal use of indicators to keep charts clean, often using only price and volume to make decisions. FOMO (Fear of Missing Out): He teaches that

The Famous "Sunil Gurjar" Price Action Setup

One of his most replicated strategies involves a Breakout & Retest: Trend Following : Following the direction of the

Market Structure: Analyzing the evolution of trends using Dow Theory to identify higher highs/lows in uptrends and lower highs/lows in downtrends.

• FOMO (Fear of Missing Out): He teaches that price action offers 5-6 high-probability setups a month. If you miss one, wait. The market will be open tomorrow.
• Revenge Trading: After a loss, he insists you close the charts and walk away.
• Patience: He calls this the "Superpower." Waiting for the exact setup (Swing level + Candlestick confirmation) is harder than executing the trade.

1. Trend Following: Following the direction of the trend, using price action patterns to identify potential entry and exit points.
2. Reversal Trading: Trading reversals, using price action patterns to identify potential turning points in the market.
3. Range Trading: Trading within established ranges, using price action patterns to identify potential support and resistance levels.

Indicator-Free Analysis: Traders aim to make decisions without the "noise" of complex technical indicators.

Sunil Gurjar's Approach