@ekambaram
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EKAMBARAM ME wrote a new post, BEL- Cup and handle – Bullish 3 years, 1 month ago
Bharat Electronics Limited technical chart has formed a cup and and handle pattern. This suggest to go for a long position. Entry price is Rs. 12o. Stop loss is taken at the edge of handle ie Rs. 110. The
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EKAMBARAM ME commented on the post, Bajaj Electricals reverse head and shoulders pattern observed 3 years, 1 month ago
Good analysis. neatly explained
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EKAMBARAM ME wrote a new post, Godrej Consumer products – Head and Shoulder – Bullish to bearish trend reversal 3 years, 1 month ago
In Godrej Consumer, December 2020 to February 2021 we can notice head and shoulder pattern. This is bullish trend reversal to bearings. Entry price is neck level price ie Rs. 734 on 15 February 2021. Stop los
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EKAMBARAM ME commented on the post, double top of Bpcl 3 years, 1 month ago
To my understanding, previous top price shall be the stop loss.
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EKAMBARAM ME wrote a new post, DRREDDYS – DOUBLE TOP- ENTRY FOR SHORT 3 years, 1 month ago
In January 2021, we have noticed double top in Dr. Reddys share price. on 29 June 2021, the price has reached the neckline of double top formation. Therefore, entry price can be below Rs. 4677. Current pric
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EKAMBARAM ME wrote a new post, SUN TV NETWORK- DOUBLE BOTTOM -TREND REVERSAL BULLISH 3 years, 1 month ago
In June to August 2020, I have noted double bottom formation for Sun TV network. The neck of double bottom is at Rs. 430 which should be the entry price. Lowest bottom of second bottom should be the stop lo
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EKAMBARAM ME wrote a new post, BHEL – DOW THEORY – DOWNTREND 3 years, 1 month ago
Two years line chart has been considered for seeing the trend of BHEL share. I have noticed the script is in down trend. However, to analyze the trend by using Dow theory, I have plotted major tops and bot
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EKAMBARAM ME commented on the post, DOW THEORY bearish witnessed at ASOK during 18 July 2019 3 years, 1 month ago
Dear Abijit,
Good analysis.
I thought that we should fix the target price to be same difference between stop loss and entry price ie Rs. 8. But from your chart I understand the target price can be more
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EKAMBARAM ME wrote a new post, ASIAN PAINTS-BULLISH 3 years, 1 month ago
I have considered two year Asian paint line chart for Dow theory analysis. This stock is one of the top company and it is bullish trend from September. When I chose this stock on 1 December 2020, there is trend
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EKAMBARAM ME wrote a new post, Intraday trading s a risky business 3 years, 1 month ago
Intraday trading is very interesting and risky. Unless having sufficient knowledge in the market, trader should be very careful. Trader should form a strategy, has to be very clear in the process of
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EKAMBARAM ME wrote a new post, Moving Average and RSI are supportive indicators. 3 years, 1 month ago
To know the trend, moving average and Related Strength Index are easy and direct. However, these indication should be used only with other techniques like dow theory.
I find 200 day moving average can be used
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EKAMBARAM ME wrote a new post, Identification of gaps bring closer to trade with technicals 3 years, 1 month ago
A Gap is formed when the closing price of previous days and the opening price of next day have different price level.
Four types of gap are: Area gap, break out gap, run away gap and exhaustion gap. Area gap is
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EKAMBARAM ME wrote a new post, Candle stick shows light for short term trader 3 years, 1 month ago
A Candlestick pattern is first used by Japanese and now widely used all over the world. Candle shows open, close, high and low prices. It is used for short term investing usually 5 to 7 days.
Most of the
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EKAMBARAM ME wrote a new post, Trend is friend. Patterns signals the trend. 3 years, 1 month ago
A chart pattern or price pattern is a pattern within a chart when prices are graphed. In stock and commodity markets trading, chart pattern studies play a large role during technical analysis. When data is plotted
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EKAMBARAM ME wrote a new post, Trend is friend. Patterns signals the trend. 3 years, 1 month ago
A chart pattern or price pattern is a pattern within a chart when prices are graphed. In stock and commodity markets trading, chart pattern studies play a large role during technical analysis. When data is plotted
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EKAMBARAM ME wrote a new post, Old is gold applies for Dow theory 3 years, 1 month ago
Stock trading has to be done only if have time every day atleast for an hour. Technical analysis help to find out the trend and invest. Dow Theory prescribes to follow the trend and never go against the trend.
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EKAMBARAM ME wrote a new post, "Trends don't lie" and "History repeats itself" is the basis for trading 3 years, 2 months ago
Knowledge and discipline is required for investing in stocks. Fundamental analysis requires more information that is no available to retail investor. Fundamental analysis is used by long term
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EKAMBARAM ME wrote a new post, Have good experience in trading of stocks before venturing into futures and options 3 years, 2 months ago
Futures and options is alternate to trade in financial instruments including stocks. Futures and options helps to trade in volumes by paying only margin or premium, smaller amount. Future and options are riskier
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EKAMBARAM ME wrote a new post, Know risk Know return for making trading a discipline 3 years, 2 months ago
Like any other trading, stock trading is buying and selling of stocks. It may be positional trading or intra day trading. To trade, we should have knowledge and discipline. Knowledge is ability access risk and
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EKAMBARAM ME wrote a new post, Basics is basement, when built stronger can build building (trading) stronger 3 years, 2 months ago
Basics of stock market is understanding issue of shares by company and subscribing to it., purchasing and selling of shares, platform used for purchase, demat account to be opened, understanding dividend, face
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