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Oliver Anotny Alex and PrabuShankar are now friends 4 years, 1 month ago
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PrabuShankar wrote a new post, tatamotors-bullish-flag. 4 years, 5 months ago
Tata motors seems to express bullish flag. The volume during breakout is high, There is previous rally and the flag is bringing hope. so long positions can be
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PrabuShankar wrote a new post, Break out gap-unfilled 4 years, 5 months ago
Break out gap observed reason is the gap appeared below the trending zone with high volume.
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PrabuShankar wrote a new post, Bullish triangle 4 years, 5 months ago
Reasons for identification: 1) The five wave pattern is identifiable.2)Duration to form is above 1.5. months.3) High volume during breakout is observed.4) Break out observed at 70%.Since the triangle is bullish
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PrabuShankar wrote a new post, Flag-bullish 4 years, 5 months ago
Witnessed a bullish flag and set stoploss: at 1911,entry point at 1971,and target at: 2031.
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PrabuShankar wrote a new post, Double top observed in 2019 4 years, 5 months ago
Observed double top , reasons for identifying double top:1) Two equivalent tops,2) volume found on the point b or c.3) Time duration to form is above 1 month.Entry point is previous bottom, and short position is
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PrabuShankar wrote a new post, Dow theory-Bullish witnessed between 2017 and 2019 4 years, 5 months ago
Observed a bullish pattern with high volume indicating high trade. Therefore long positions can be taken from the previous top which is 1250, and stop loss is 857, target is 1650.
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PrabuShankar wrote a new post, Bullish engulfing observed in ACC India. on february. 4 years, 5 months ago
Identification: Bullish Engulfing observed in ACC India.Ltd. on february.Reasons for confirmation:1) Duration took to form is within one week,2) A bullish engulfing pattern is visible,3) A strong uprise of the
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PrabuShankar wrote a new post, Bearish engulfing observed in Adaniports during jan 2018. 4 years, 5 months ago
Description: Bearish pattern is observed in Adani ports, reasons for conclusion are:Duration to form: less than a week.Volume: High volume observed during engulfing indicating heavy trading.Engulfing: engulfing
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PrabuShankar and Naresh are now friends 4 years, 6 months ago
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PrabuShankar wrote a new post, Triangle with bullish breakout is witnessed in ultratech cem in june 2014. 4 years, 6 months ago
Reasons for stating bullish triangle:1) Five top/bottom appeared and combinedly looks like a triangle.2) break-out appeared the 70% limit, with high volume.3) Time taken to form exeeds 45 day minimum time limit.4)
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Gunasekaran Ramasamy and PrabuShankar are now friends 4 years, 6 months ago
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PrabuShankar wrote a new post, Asian paints witnessed a bearish flag on september 2018 4 years, 6 months ago
Observed a bearish flag pattern in the charts of Asian paints, Steps taken to confirm the pattern to be a bearish flag are given below.1) Visible pattern resembling a flag,2)The pole is steep, and the body is
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PrabuShankar wrote a new post, Witnessed a bullish flag pattern in Indusind on 2017 january. 4 years, 6 months ago
Observed a bullish flag pattern emerging in Indusind company chart. during the year 2017 January. Conditions checked to confirm bullish flag pattern:1) Observed a steep pole in the chart,2) The steep pole is
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PrabuShankar commented on the post, SAIL.INDIA-CUP PATTERN OBSERVED, BETWEEN 2015-2018 4 years, 6 months ago
I think I got this one right. And am I correct in assuming that cup patterns are observable only in well-established companies????
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PrabuShankar wrote a new post, SAIL.INDIA-CUP PATTERN OBSERVED, BETWEEN 2015-2018 4 years, 6 months ago
The cup pattern of accumulation is observed in SAIL INDIA ltd. during a span of three years, from 2015-2018. The pattern is identified as it satisfies the following conditions. 1)The cup shaped pattern is
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PrabuShankar wrote a new post, Unichem lab-Head & Shoulder-observed at november 2017 to march 2018. 4 years, 6 months ago
A head and shoulders pattern has been observed in the charts of Unichem lab during the period of nov 2017 to march 2018. To confirm this Three conditions has been tested 1) The duration of the formation is greater
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PrabuShankar and Suresh Surulimuthu are now friends 4 years, 6 months ago
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PrabuShankar wrote a new post, Eidelweiss-Double top-observed 2019 march-june 4 years, 6 months ago
Observed a double top in the chart of Eidelweiss during the time period of 2019 march-june.Conditions Satisfied: 1) The period between point A and point B is more than 20 days.
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PrabuShankar commented on the post, Double-bottom-TATAMOTORS. 4 years, 6 months ago
Thank you!!! Looking forward to see new posts from you too!!!
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