Price Action Trading Sunil Gurjar -
While he respects basic patterns like Pin Bars and Engulfing candles, Gurjar has a unique take on Inside Bars:
What separates Sunil Gurjar from typical "gurus" is his focus on trader psychology. He argues that most traders fail at price action not because they can't read candles, but because they lack discipline.
One of Sunil Gurjar’s most famous teachings is the "Naked Chart" approach.
Why remove indicators?
By removing indicators, you focus on price, volume, and time – the only three things that move your P&L.
Let’s apply this to a real-world scenario in the Bank Nifty Index (15-minute timeframe).
Scenario: The market has been in a downtrend. Price hits a historical support level at 44,000. price action trading sunil gurjar
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.
Step 3 (Execution): Price breaks the Inside Bar high. You enter Long. While he respects basic patterns like Pin Bars
Step 4 (Management): Once price moves 50% of your target, Gurjar advises moving the stop loss to breakeven to "let the winner run."
Sunil Gurjar is a technical analyst, educator, and the founder of Chartistic. He has carved a niche for himself in the Indian financial education space by focusing on "Pure Price Action." Unlike many educators who rely on lagging indicators like the RSI, MACD, or Moving Averages, Sunil teaches traders to read the raw price candles.
His philosophy is grounded in simplicity: Don't predict the market; react to it. His teaching style breaks down complex market psychology into easy-to-understand patterns, making technical analysis accessible to everyone from students to working professionals. By removing indicators, you focus on price, volume,