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Brahma Reddy wrote a new post, HEROMOTOCO – Head and Shoulder pattern was observed. 4 years, 3 months ago
Head and Shoulder pattern was observed in Hero motor Corporation. This pattern was witnessed by high volumes during left shoulder. We could take short position at 2473/- with SL 2553/-. The target could be
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Brahma Reddy wrote a new post, FEDERAL BANK – double top pattern observed 4 years, 3 months ago
Double top pattern was observed in Federal Bank and witnessed by increased volumes during breakout. Short position could be taken at around 100/- with SL around 103/-
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Brahma Reddy wrote a new post, Pfizer- unfilled breakout gap 4 years, 3 months ago
An unfilled breakout gap was observed in Pfizer Ltd., witnessed by high volumes during the breakout day.
Hear we could take long position at 4115/- with SL 3810/-. This gap was not filled in 10 days and formed
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Brahma Reddy wrote a new post, VBL triangle bullish breakout pattern 4 years, 3 months ago
There was a triangle break out observed bullish side in Varun Beverages. The break out happened around 70% of triangle size. Heavy volumes traded while break out was witnessed the bullish signal. So we can take
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Brahma Reddy wrote a new post, TATAGLOBAL bullish flag pattern 4 years, 3 months ago
In Tata global beverages, bullish flag pattern was observed. There is a steeper pole and rectangular flag with flag size 7 days. High volumes at breakout point also witnessed the pattern. So we can take long
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Brahma Reddy wrote a new post, ASIANPAINT double bottom 4 years, 3 months ago
Double bottom pattern observed in Asian paints stock. The gap between two bottoms were around 2 months. Heavy volumes at point ‘C’ are witnessed for this pattern. So we could take long position at above 1480/-
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Brahma Reddy wrote a new post, Bharti Airtel down trend by Dow theory 4 years, 3 months ago
Since the down trend was conformed by Dow theory, we can buy at 375/- by keeping SL at 427/-.
Here one fake buy signal was observed (volumes not supported). If we take a buy position there, our position would be
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Brahma Reddy wrote a new post, HDFC uptrend by Dow theory 4 years, 4 months ago
As per Dow theory, HDFC stock is in uptrend. Buy position at 1470 (high vols witnessed) with stop loss 1182 (previous high bottom). Exit position at 1755 as price crossed below the previous bottom with high
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Brahma Reddy wrote a new post, Fibonacci – Technical Indicator 4 years, 4 months ago
Technical indicators, Fibonacci series, Golden mean, support and resistance identification by fibonacci indicators were discussed.
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Brahma Reddy wrote a new post, Gap analysis 4 years, 4 months ago
What is gap and why it will form, Area gap, breakout gap, runaway gap and exhaustion gaps were discussed.
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Brahma Reddy wrote a new post, Price patterns 4 years, 4 months ago
Double top pattern
Double bottom pattern
Cup pattern
Flag pattern
Triangle pattern
Head and Shoulder pattern
Inverted Head and Shoulder patterns were discussed. -
Brahma Reddy wrote a new post, Concept of Dow theory and pros and cons of Dow theory 4 years, 4 months ago
Dow derived a theory for identifying market Trend by using supply and demand levels of stocks based on historical data. This theory is called Dow theory. To forecast the market Trend by using supply and demand,
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Brahma Reddy wrote a new post, About fundamental and technical analysis 4 years, 4 months ago
Technical analysis is very important for traders. Irrespective of company Fundamental, stock price moves up and down to certain levels. These levels could be identified by using technical analysis.
Even for -
Brahma Reddy wrote a new post, Basics of Derivative market, futures and options. 4 years, 4 months ago
If we forecast the stock price will go up or down in coming future (in 1,2 or 3 months of time), then we can buy or sell the stock futures contract. Here we can trade bulk quantity with around 30% of total cost
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Brahma Reddy wrote a new post, Stock trading and trade plan 4 years, 4 months ago
Trade plan is nothing but money management. We should not take risk of more than 2% of our capital in single trade. Then only we can trade on long run, at least 50 trades if we fails all the trades.
Our entry and -
Brahma Reddy wrote a new post, Basics of stock market 4 years, 4 months ago
Stock market is a place where buyers and sellers are available to exchange their shares. We need stock market to get buyers and sellers at one place to buy or sell their shares from one another. Securities and
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Brahma Reddy and Naresh are now friends 4 years, 5 months ago
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EQSIS and Brahma Reddy are now friends 4 years, 5 months ago
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Brahma Reddy became a registered member 4 years, 5 months ago