-
Anjan Prasad S wrote a new post, Relative Strength Indicator 5 years, 12 months ago
RSI indicates when a particular stock is over bought or over sold. It is an oscillator indicator and it oscilates between 30-70, if it crosses below 30 it means Over sold and if crosses 70 it means over bought purchase.
-
Anjan Prasad S wrote a new post, Moving Average 5 years, 12 months ago
Whenever a stocks traders above the moving average the chances of it going up is more and whenever the stocks is trading below MA, it may go down.
-
Anjan Prasad S wrote a new post, Break-out Gap – Bullish Unfilled 5 years, 12 months ago
We have witnessed break-out gap in tata motors during May 2015, which was bullish break-out.
-
Anjan Prasad S wrote a new post, Bearish Flag – Ambuja Cement 5 years, 12 months ago
We have witnessed bearish flag pattern in Ambuja Cement during March & April 2016. After the breaking the break out level at around Rs. 225 it has gone down to 205 in 15 trading sessions.
-
Anjan Prasad S wrote a new post, Bullish Flag Pattern 5 years, 12 months ago
We have seen recently a flag pattern is formed in tata elxsi. If it breaks above 1250 the stock can go up in next few trading sessions. The volume is also good during the flag formation.
-
Anjan Prasad S wrote a new post, Bullish Engulfing – ACC 5 years, 12 months ago
We have witnessed bullish engulfing pattern in ACC on 12th March 2018 at low levels. Whenever we see bullish engulfing at the lower level, it means the trend has reversed and it is time to take buy positions. I
-
Anjan Prasad S wrote a new post, Bearish Engulfing – Nifty 5 years, 12 months ago
We have witnessed Bearish Engulfing pattern during Aug 2017 at the peak when nifty was trading at 10,100. We had an opportunity to sell at around 10050 and target for about 100 points from there, which was
-
Anjan Prasad S wrote a new post, Head & Shoulder 6 years ago
Gail Ltd., has given an head and shoulder pattern during Jan 2018, after breaking the low of the head and shoulder pattern it has gone down drastically in matter of 10 days and achieved the set target.
-
Anjan Prasad S wrote a new post, Double Bottom – SBIN 6 years ago
We have witnessed double bottom in SBIN during Oct 2014. The trade volume is very average during double bottom, entry and target. But has acheived the target within 2 weeks of time.
-
Anjan Prasad S wrote a new post, Break-out Gap – Bearish Unfilled 6 years ago
We have witnessed break out bearish gap in wipro during June 2017 which is not filled up. The volume was lacking during the gap day.
-
Anjan Prasad S wrote a new post, Area Gap – With Huge Volume 6 years ago
Area gap was formed in SBI during Oct 2017, with heavy volumes, It got filled up during Feb 2018 and March 2018.
-
Anjan Prasad S wrote a new post, Hammer Pattetr – Bullish 6 years ago
In case of Asian Paints stock, we can see the hammer pattern in green at the low, however, volume is lacking, but RSI is at 45 which means has potential for upward trend. Next day it has given the entry above
-
Anjan Prasad S wrote a new post, Hanging Man 6 years ago
We have witnessed hanging man pattern in TCS. Also the stock is at overbought area continuously for 10 days, whenever this stock crosses overbought or over sold area it tend to reverse the position from there. I
-
Anjan Prasad S wrote a new post, Double Top – ACC Ltd 6 years ago
Double top has been formed in ACC Ltd., one on 09th Dec 2017 and another on 16th Jan 2018, with good and above average volumes. It has given entry to sell at Rs.1588/- the target is between 1300-1322 and stop loss
-
Anjan Prasad S wrote a new post, Bullish Trend – Dow Theory 6 years ago
BPCL since March 2016 witnessed low and from there it start picking up with above average volumes. It gave entries at 4 entries and achieved 4 targets and once hit SL at 4th entry as evident from the chart
-
Anjan Prasad S wrote a new post, Bearish Trend – Dow theory 6 years ago
Glenn mark since May 2017 witnessing bearish trend, and from there it is closing with Lower bottoms and Lower tops i.e. 890 during 2nd week of may to 605 at the end of May 2017, 716 in july 2017 to 576 in Sept
-
Anjan Prasad S and Krishna mani are now friends 6 years ago
-
Anjan Prasad S wrote a new post, Technical Indicators 6 years ago
Technical indicators is alogo indicators, it is only a indicators and just supports what ever we have analysed in Dow theory, price pattern or gap analysis. The bottom line is Technical indicators are supporting
-
Anjan Prasad S wrote a new post, Intraday analysis 6 years ago
Intraday analysis means doing analysis for buying or selling the stock within a day. In intraday we approach top down approach instead of analyzing various tectonics such as Dow theory, price pattern or even gap
-
Anjan Prasad S wrote a new post, Gap Analysis 6 years ago
GAP in technical analysis is identification of strength of the price movement that we have recognized when we adopted Dow theory or any price pattern movement. It is not a directional indicator but it only
- Load More