-
Mahesh G Mehta and Darshan Arvindbhai Shah are now friends 6 years, 7 months ago
-
Darshan Arvindbhai Shah changed their profile picture 6 years, 8 months ago
-
Suhas Desai and Darshan Arvindbhai Shah are now friends 6 years, 11 months ago
-
Darshan Arvindbhai Shah replied to the topic What Should be Entry price, Exit Price and Stop loss for Head & Shoulders in the forum Price Patterns and its characteristics 7 years ago
In Head & Shoulder pattern ..
when the price goes below neck line we can create Short Position ..
once the position is been taken we we need to keep the stop loss
which can be the top of the right shoulder and hold the position
by using trailing stop loss which can be 8 to 10%
-
Darshan Arvindbhai Shah replied to the topic What is inverted Head and Shoulder? What are their conditions to determine the bullish trend? in the forum Price Patterns and its characteristics 7 years ago
Inverted Head and Shoulder an Accumulation pattern which indicates bullish trend
there should be Shoulder Head Shoulder but in inverted format
it also needs to be at least 3 month to confirm this patten
volume should be very less or very low at the left shoulder and significant increase in volume at the right shoulder
when the price c…[Read more]
-
Darshan Arvindbhai Shah replied to the topic What is Head and Shoulder? What are their conditions to determine the bearish trend? in the forum Price Patterns and its characteristics 7 years ago
Head and Shoulder is Distribution / Accumulation pattern
There should be Shoulder Head Shoulder where head should be the tallest
Head and Shoulder pattern Should have at least 3 months of time span
and there should be high Volume at the left shoulder and lack of volume or very low volume at the right shoulder
When the price goes below the…[Read more]
-
Darshan Arvindbhai Shah replied to the topic What is rounding bottom / Cup pattern? What are their conditions to determine the bullish trend? in the forum Price Patterns and its characteristics 7 years ago
Rounding Bottom / Cup pattern is Basically an Accumulation pattern
When Stronger hands wants to buy the stock and they buy the stock very gradually in a very longer time span
they start sucking the stock from the market
to ensure a cup pattern we need to make sure that it is forming a Rounding Bottom in a cup shape in longer time span
It…[Read more]
-
Darshan Arvindbhai Shah replied to the topic What is Double BOTTOM? What are their conditions to determine the bullish trend? in the forum Price Patterns and its characteristics 7 years ago
Double Bottom is nothing but the exactly Opposite to Double Tops
It is a Price patten which identifies the Bullish Trend
There are following conditions which qualifies as Double Bottom
1. There should be two equivalent Bottoms
2. The duration should be at least 1 month between Both the Bottoms
3. Volume Should be Higher at the very next…[Read more]
-
Darshan Arvindbhai Shah replied to the topic What is Double TOP? What are their conditions to determine the bearish trend? in the forum Price Patterns and its characteristics 7 years ago
Double Top is the Price Pattern by which we can identify the Strong Supply Zone
To confirm we need following conditions
1. Two Equivalent Top
2. Volume Should be Higher at Second Top or else at least Volume should be Higher
When prices moving Down Side and comes near the previous Bottom to the Second Higher Top
3. The Duration Should be…[Read more]
-
Darshan Arvindbhai Shah replied to the topic How price pattern are different from Dow Theory? in the forum Price Patterns and its characteristics 7 years ago
The Basic difference between price pattern and Dow Theory is the Time Frame
Because when we apply Dow Theory we need to open Daily Chart for at least 2 years in context with volume
and while considering price pattens we need Shorter Time frame some few months in context with volume
Though price pattern is also based on Dow Theory it can…[Read more]
-
Darshan Arvindbhai Shah replied to the topic What are Price Patterns? in the forum Price Patterns and its characteristics 7 years ago
Basically
Price Pattens are an indication of the recent behavior of the price
It is based on Dow Theory only , no one can contradict that fact.
When it comes to determine the trend the Dow Theory is the best guide
as it can help us to identify the DEMAND & SUPPLY
Though it gives a direction of the trend it lacks to recognize the…[Read more]
-
Darshan Arvindbhai Shah replied to the topic What are the major critics against Dow Theory? How come it remains on top of any analysis? in the forum Dow Theory in Practice 7 years, 1 month ago
The Dow Theory is one of the oldest and yet very effective also,
It is the basic concept to understand the Demand & Supply
The Major Critics regarding the Dow Theory is that, It becomes very difficult to understand the very next or
immediate movement of the price, As it not very much recommended to determine immediate Buy Or Sell l…[Read more]
-
Darshan Arvindbhai Shah replied to the topic What are Support and Resistance? in the forum Dow Theory in Practice 7 years, 1 month ago
As per Dow Theory ..
When we can see clear trend by identifying the sequence of Higher Bottom & Higher Top it is considered as An Up Trend
And whenever we are in Up Trend ..Previous Higher Top is called Resistance, We can buy if the price crosses that level and
Once the price crosses that price Previous Higher Bottom becomes our Support
-
Darshan Arvindbhai Shah replied to the topic When to buy and Sell using Dow Theory? in the forum Dow Theory in Practice 7 years, 1 month ago
First of all we need to open a Line chart with at least Two years of time frame
then we have to identify the Major Tops & Major Bottoms
After Identifying the Major Tops & Major Bottoms We have to name them as Higher Bottoms & Higher Tops in Sequence
to identify an Up Trend as well as Lower Bottoms & Lower Tops Sequence to identify the Down T…[Read more]
-
Darshan Arvindbhai Shah replied to the topic How to determine the market trend using Dow Theory? in the forum Dow Theory in Practice 7 years, 1 month ago
At Eqsis
We have learned very Simple but very effective method of determining the market trend by using Dow Theory
First of all ..
We have to open the Line chart for the period of at least Two Years
Now Find out the Major Top & Major Bottoms
then Name them as
Higher Bottoms & Higher Tops
And Lower Tops & Lower Bottoms
Where Higher B…[Read more]
-
Darshan Arvindbhai Shah replied to the topic What type of Charts Used, Minimum look up period, Duration of Trend forecasting for Dow Theory? in the forum Dow Theory in Practice 7 years, 1 month ago
To Determine the direction for the Trend through Dow Theory
We need to use the LINE CHART and Minimum Duration has to be Two Years
-
Darshan Arvindbhai Shah replied to the topic What is Dow Theory? in the forum Dow Theory in Practice 7 years, 1 month ago
In 19th century the Dow Theory was invented by Charles H Dow who was editor in Wall street journal news paper
In USA there is a DOW JONES Industrial Average and that index is named after the inventor of the DOW Theory, Charles H Dow
Dow Theory is one of the oldest but very effective and golden concept of identify the trend of the…[Read more]
-
Darshan Arvindbhai Shah replied to the topic what are the Pro and cons of fundamental analysis? in the forum Understanding the Price Movement 7 years, 1 month ago
When it Comes to Fundamental Analysis ..
We must admit that it is the most powerful Analysis ever available to any one
in fact major financial investment company relies on it, It can be used for insider trading also
when big hands wants to execute their own positions. It can probably determine the price action
even before any price m…[Read more]
-
Darshan Arvindbhai Shah replied to the topic What is the average turnover in NSE only daily basis? Can any one manipulate the stock price? in the forum Understanding the Price Movement 7 years, 1 month ago
There are TWO Different Segments in NSE
1st CASH MARKET AND 2nd FUTURE & OPTION MARKET
Daily average turnover in CASH MARKET is Approximately 20,000 Crores
Where else
In Future & Option Market an average turnover is approximately 2,00,000 Crores
It is not possible to Manipulate the stock price
but in some cases where the stock is i…[Read more]
-
Darshan Arvindbhai Shah replied to the topic What are different types of charts? in the forum Understanding the Price Movement 7 years, 1 month ago
There are so many types of charts but following few types of charts are very useful in terms of understanding the price action
1. Line charts
2. Bar Charts
3. Candle Stick Charts
4. Renko Charts
5. Heikin ashi Candle stick charts
- Load More