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- Stop Loss (SL): Placed strictly below the demand zone (for buys) or above the supply zone (for sells). There is no "wiggle room"—if the level breaks, the thesis is invalid.
- Targets: Targets are set at previous market structure points (previous highs/lows). Gurjar often advises booking partial profits at 1:1.5 or 1:2 ratios and letting the remaining position run with a trailing stop loss.
- Risk Management: Protecting capital over chasing profits.
- Discipline: Following rules, not emotions.
- Simplicity: Using naked charts (without indicators) to identify high-probability trades.
The foundational principle of Sunil Gurjar’s approach is the rejection of lagging indicators. Many novice traders clutter their charts with Moving Averages, RSI, or MACD, often receiving signals only after the move has already happened. Gurjar’s philosophy posits that price is the only leading indicator. By studying the relationship between open, high, low, and close prices, a trader can anticipate future movements. The "Price Action" method is essentially the study of human psychology displayed on a chart; it assumes that all known information about an asset is already reflected in its current price.
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- Support and resistance levels: Gurjar emphasizes the importance of identifying support and resistance levels on charts, as these levels can provide valuable insights into market trends and potential trading opportunities.
- Trends: Gurjar's approach to price action trading involves identifying trends and using them to inform trading decisions.
- Patterns: Gurjar also emphasizes the importance of identifying patterns on charts, such as head and shoulders, triangles, and wedges.