Dilil Suresh

Area gap up at non trending area. Entry above the previous candle 307.4. Stop loss is lowest low at 295. Risk said to be 12.4. Targeted price 319.8

Area gap can be found in a non trending area. The area gap down can be used to trade for short entry at 23.6 the high of the previous candle. Stop loss at the low of the previous candle 24. Target can be 22 taking

Hanging man forms at the top of a trend and gives a reversal effect. Small body, long lower tail, small upper. Short position at low of the hanging man 147.5. Stop loss at high of the candle 151. Target can be 1.5

Hammer forms at the base of a down trend for a reversal. The lower tail is long and smaller upper wick. Entry for long at high of hammer, 144.3 with stop loss 140.3 the low of hammer. Target can be 1.5 of the risk

Doji formation at a gap after a bullish candle on a bullish trend, the formation is an evening star. Short at low of Doji 183.9 with the stop loss at high of Doji 190.8. Risk 6.9 and target can be twice the risk

When a Doji occurred in a gap down in a down trend after a bearish candle, it’s called Morning Star and the volume should be high on the Doji day. The trend will reverse and long can be placed at 207.4 which is a

Bearish piercing, the latest bull should cover the previous day candle all the above and cross down more than 50% of the previous along with a good volume. Entry for short position 116.6 with a stop loss at 121.

The bullish engulfing, red candle is covered by the next bull candle with a good volume. Entry above the high of the bull candle at 50.2. Stop loss at the lowest of the bull candle at 44.4.

The bearish engulfing when the green candle is engulfed by the next bearish candle with a good volume. The short position at the low of the engulfing at 131.5. Stop loss at the high which is 135.9.

The bullish engulfing, red candle is covered by the next bull candle with a good volume. Entry above the high of the bull candle at 50.2. Stop loss at the lowest of the bull candle at 44.4.

The triangle took 4.5 months to from with a low volume. At the break out along with a good volume of the pattern long position can be placed with stop loss at the base of the triangle. The target can the same

The distribution happens on the bearish triangle pattern.  The low of the triangle is about 139 and the highest corner of the triangle is 152. It took 4 months to from the pattern and once the break out occurred

The flag is a strong signal. The pole took 28 days to from and the cloth took 15 days. The volume at the break out is good and long position can be created at the break out. Stop loss at the cloth bottom of 80.

The steeper pole is formed with a good volume and the sideways forming the flag. As the breakout happens entry for short position can be placed.

The CUP is a powerful bullish pattern. Here the volume is less making the U shape and took 57 days to take the formation. The handle took 6 days showing a retraction from the trend. The entry can be placed at the

The head and shoulders, a distribution pattern. The left shoulder shows a good volume whereas the right lacks volume. The head also shows good volume. The duration of left to head took 18 days and 24 for the head

The bottom duration is of 35 days, the volume is high at both the bottoms and at the entry spot also. The stop loss at 151 gives a risk of 13, the target can be positioned for 177 from an entry at 164.

The double top is formed at a duration of 45 days. The first top is formed at a good volume. The high volume can be seen at the point C. Short position can be placed below 582. The target will be 498. Risk of 84,