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Hariesh replied to the topic What is triangle pattern? What are the conditions to qualify as perfect triangle? in the forum Price Patterns and its characteristics 7 years, 1 month ago
The triangle pattern forms when buyer and seller meet at certain level
this should take a minimum of 45 days
breakout should happen after 70% of the triangle with larger volume
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Hariesh 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, 1 month ago
Double top is witnessed when there are two equivalent tops
volume at the 2nd top should be high
Duration of two tops should me minimum of 30 days
Short position should be created when it gone passes previous bottom
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Hariesh replied to the topic What is FLAG pattern? What are the conditions to qualify as perfect FLAG? in the forum Price Patterns and its characteristics 7 years, 1 month ago
Flag pattern is the sudden rise in price like 70-80 degree and then it moves side ways and long position should be created when it breaks out. volume should be low during the side way movement. The side way movement should occur for a minimum of 3-4 days.
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Hariesh 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, 1 month ago
When it has two equivalent tops with one month duration then it is considered as double bottom.Long position should be created when it passes the previous top.
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Hariesh 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, 1 month ago
Entry -Right shoulder when it crosses the neck.
Exit- when the shift in price happens
Stop loss-The top of the right shoulder
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Hariesh replied to the topic What are Price Patterns? in the forum Price Patterns and its characteristics 7 years, 1 month ago
price patterns is a kind of analysis.Price patterns are based on dow theory.
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Hariesh replied to the topic How price pattern are different from Dow Theory? in the forum Price Patterns and its characteristics 7 years, 1 month ago
Dow theory is well suited for long term buying like holding it for years.
Price patterns are well suited for medium buying ad selling , holding period is months.
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Hariesh replied to the topic When to buy and Sell using Dow Theory? in the forum Dow Theory in Practice 7 years, 1 month ago
Buy:
#Higher top-Higher bottom
Sell:
#Lower top-Lower bottom
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Hariesh replied to the topic What is Dow Theory? in the forum Dow Theory in Practice 7 years, 1 month ago
Dow theory is an analysis of market to find demand and supply of a stock.With this demand and supply one can create long or short position.It is more effective for long term perspective.
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Hariesh 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
Line charts
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Hariesh replied to the topic What are Support and Resistance? in the forum Dow Theory in Practice 7 years, 1 month ago
Support is the maximum loss that one can get at this point or one should exit the position at support point
Resistance is the maximum profit that can get at this point or one should exit the position at resistance point
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Hariesh 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
With years of data identify higher tops ,higher bottom, Lower top, lower bottom
With this we can identify the market is bullish or bearish
the sequence for bullish market is higher top-higher bottom with high volume at the exit
the sequence for bearish market is lower top-lower bottom with higher volume at the exit
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Hariesh 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
Dow theory is used for only long term perspective not for shot term perspective.It is the strongest of all Long term analysis .It clearly derives demand and supply.
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Hariesh 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
Pro:
#They are stronger than technical analysis
#It gives clear idea about the company
Cons:
#It takes lots of money to do analysis
#Information is not easily available
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Hariesh replied to the topic Why do people avoid penny stocks? in the forum Understanding the Price Movement 7 years, 1 month ago
People avoid penny stocks because it has low volume and low liquidity.
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Hariesh replied to the topic What drives the stock price? Why to price changes so often? in the forum Understanding the Price Movement 7 years, 1 month ago
The Buyers and sellers drives the stock price.
The price changes as per the prices quoted by the buyers and sellers (i.e) demand and supply.
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Hariesh replied to the topic Why do we need to do an analysis? in the forum Understanding the Price Movement 7 years, 1 month ago
We don’t know whether the stocks are going up or going down.With proper analysis one can actually predict the stocks whether it is going to move up or move down but not 100% .With analysis one can derive whether demand is high or supply is high.We Can derive Risk and reward from that with that one can limit the loss.
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Hariesh replied to the topic What are different types of charts? in the forum Understanding the Price Movement 7 years, 1 month ago
#Line Charts
#Bar Charts
#Candle sticks
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Hariesh replied to the topic What is the input (Data required) to do fundamental / technical analysis? in the forum Understanding the Price Movement 7 years, 1 month ago
Fundamental analysis requires all forms of data like import/export,Production cost,overseas strength (i.e) person has to look in all aspects of the company like when he is going to buy that company on his own.Fundamental analysis is more stronger than technical analysis but it requires more data.
Technical analysis requires Charts with Price and Volume
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Hariesh replied to the topic What is Spot / Cash market? in the forum Essentials of Trading Instruments 7 years, 1 month ago
Spot market is a market in which stock can be bought or sold .In spot market full amount should be paid when the option is executed.Money
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