Viewing 3 posts - 1 through 3 (of 3 total)
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  • #43160
    Thiyagharajan
    Participant
    Rank: Level 4

    on 29/02/2016:-
    we see -Higher Bottom-Higher Top sequence along with high volume ==> Bullish trend confirmed.

    TRADE PLAN:-
    SYMBOL       – AXISBANK
    DIRECTION – LONG
    ENTRY     – 459.8
    SL        – 372.8
    TARGET    – 546.8

    #43167
    EQSIS
    Keymaster

    Sir, here the marking are incorrect… Kinldy Follow the below steps to get the marking correct..

     

    First Identify the Top and Bottom ( Note Top should always followed by bottom and vice versa)

    Ensure the sequences are distributed evenly

    Then Qualify them as Higher or Lower

    Thereafter we can check for sequence (HB-BT or LT-LB), if volume is good, then indicates as Trade Signal…

     

     

    #43212
    Thiyagharajan
    Participant
    Rank: Level 4

    Revised:-

     

    on 27/04/2016:-
    we see -Higher Bottom-Higher Top sequence along with high volume ==> Bullish trend confirmed.

    TRADE PLAN:-
    SYMBOL       – AXISBANK
    DIRECTION – LONG
    ENTRY     – 484.8
    SL        – 376.8
    TARGET    – 592.8

Viewing 3 posts - 1 through 3 (of 3 total)
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