Abirami Duraisamy

As per the indication marked in chart, Piercing is seen after bearish trend with small upper tail to indicate the strength of buyers. The same is evident in RSI, where the value crossed below 30% and comes up again, indicating to create long position.

Trade Plan: Direction Bullish, Position Long, Entry at 416, SL 387, Target 445

As per the indication marked in the chart, Piercing is seen after bullish trend with small lower tail, which indicate the strength of the sellers on that day. The same is supported by RSI where the values crossed above 70% and coming back below 70% at this point(indicate to create short position).

Trade Plan: Direction Bearish, Position Short,…[Read more]

As per the indication shown in the chart, hammer is seen after bearish trend with high volume, the same is supported by the RSI where in the value crosses below 30% and come above 30%(over sold) indicating the bullish trend. Trade Plan: Direction Bullish, Position Long, Ebtry at 146, AL 136, Target 159.

As per the chart shown, double bottom is seen with the duration of 30 days and high volume.hence long position can be created after breakout Point. Trade Plan: Direction Bullish, Position Long, Entry above 365, SL 342, Target 390.

The same analysis is supported by moving average as shown in the chart. The bullish trend is indicated as the trend…[Read more]

The analysis is based Dow Theory and Moving average for the indications marked in the chart.

Seq1: HB-HT Sequence formed with significant volume, long position can be created above 377. Trade Plan: Direction bullish, Position Long, Entry above 377, SL 355, Target 400. The Moving average also indicate the bullish scenario as the trend is above the…[Read more]

As per the Dow Theory, LT-LB sequence seen(as indicated in the chart) with high volume on 16th Apr, short position can be created with below trade plan. Direction Bearish, Position Short, Entry below 2513, SL 2664, Target 2362.

The same trend is confirmed by the moving average(21days) where the trend goes below the moving average line,indicating…[Read more]

As shown in the chart, during the bearish trend, GAP is seen while start of the day and the GAP got filled due to aggressive buying(sellers exit their positions) with high volume. This indicate the trend reversal.

As shown in the chart, during the bearish trend, GAP is seen while start of the day and the GAP got filled due to aggressive buying(sellers exit their positions) with high volume. This indicate the trend reversal.

As shown in the attached chart, the GAP is seen during bearish trend after the breakout with significant volume.

As shown in the chart, the GAP is seen during trending zone after the breakout with significant volume. Since this GAP is not filled, it shows the strength of bearish trend.

As shown in the chart,the GAPS are seen with significant volume during trending zone, after the breakout.

As per the attached chart, GAP is seen at the breakout with high volume, this indicates the strength of bullish trend.

As shown in the attached chart, GAP is seen at the breakout with high volume. This indicates the strength of bullish trend.

As shown in the attache chart, GAP is seen at the breakout in bearish trend with high volume. This indicates the strength of bearish movement.