One of his most replicated strategies involves a Breakout & Retest:
He calls this "letting the market prove its intent."
After a loss, Gurjar recommends walking away from the screen for exactly 5 minutes. You must reset your amygdala (the brain's fear center). Losses cloud judgment; revenge trading is the fastest path to ruin.
Let’s apply this to a real-world scenario in the Bank Nifty Index (15-minute timeframe). price action trading sunil gurjar
Scenario: The market has been in a downtrend. Price hits a historical support level at 44,000.
Step 1 (Observation): You see a long-legged Pin Bar form right at 44,000. The wick pokes slightly below 44,000 (trapping breakout sellers) and closes back above 44,000.
Step 2 (Confirmation): The next candle is an Inside Bar. You set a "Buy Stop" order above the high of the Inside Bar. One of his most replicated strategies involves a
Step 3 (Execution): Price breaks the Inside Bar high. You enter Long.
Step 4 (Management): Once price moves 50% of your target, Gurjar advises moving the stop loss to breakeven to "let the winner run."
Price action without risk management is gambling. Sunil Gurjar is strict about two things: He calls this "letting the market prove its intent
He famously states: “Your trade setup might have a 90% accuracy, but if you don’t manage risk, a single losing streak will wipe you out.”
Price Action Trading is the discipline of making trading decisions based purely on the movement of price (candlesticks, bars, and volume) over time.
Sunil Gurjar’s Core Belief:
"The price knows everything. All the news, fundamentals, and emotions of millions of traders are already reflected in the candlestick. Learn to read the candlestick, and you won't need anything else."
Unlike lagging indicators, price action is real-time. It tells you what is happening right now.