-
Jayaprakash wrote a new post, Breakout Gap filled – Axis Bank 2 years, 10 months ago
Confirmed breakout gap-filled using below conditions:
The breakout happened in the trending zone(breakout from trading range)Volume is high on breakout gap dayExpected start of a new trend, but the gap is getting filled.
-
Jayaprakash wrote a new post, Breakout Gap Unfilled witnessed with ACC LTD 2 years, 10 months ago
Checked for below conditions to confirm breakout gap unfilled:
Breakout happened in the trending zone.
Volume is high during the breakout day
GAP didn’t get filled
Start of the new trend -
Jayaprakash wrote a new post, Area Gap without Volume witnessed with Adani Ports 2 years, 10 months ago
Confirmed area gap without volume using the below conditions:
GAP inside non-trending zone
GAP is getting filled later
Volume is not high -
Jayaprakash wrote a new post, Area Gap with Volume witnessed in ITC 2 years, 10 months ago
Confirmed area gap with below conditions:
Gap inside non-trending zone
Gap is getting filled later
Volume is high during the gap formation -
Jayaprakash wrote a new post, Hanging Man Pattern witnessed with ITC 2 years, 10 months ago
Checked for below conditions to confirm hanging man pattern:
Significant increase in price recently – (i.e) recent uptrend
Red hanging man candle
Tiny head and the tail of the candle is greater than twice the -
Jayaprakash wrote a new post, Hammer candlestick pattern witnessed with ICICI Bank 2 years, 10 months ago
Checked for below conditions to confirm hammer:
Significant price fall and latest green hammer candle
Tiny head and the size of the tail is more than twice the size of body
Volume is high on hammer -
Jayaprakash wrote a new post, Evening Star witnessed with Eicher Motors 2 years, 10 months ago
Checked for below conditions to confirm evening star:
Recent significant rally
High volume on DOJI day
Stock opened and closed almost at the same price – Doji candleDirection: short
Entry: Go short below
-
Jayaprakash wrote a new post, Morning Star witnessed with Reliance 2 years, 10 months ago
Checked for below conditions to confirm Morning star:
Significant price fall recently
High volume on DOJI day
Star shaped candle (ie) Stock opened and closed almost at the same placeDirection: Long
Entry
-
Jayaprakash wrote a new post, Bearish Piercing Pattern witnessed with Power Grid 2 years, 10 months ago
Checked for below condition to confirm the pattern:
Recent uptrendGap up opening – latest red candle covers the head of the previous day green candleBody of latest green candle covers 50% body of previous day’s
-
Jayaprakash wrote a new post, Bullish Piercing pattern witnessed with Power grid 2 years, 10 months ago
Checked for below conditions to confirm Bullish Piercing pattern:
Downtrend is observed
Latest green candle covered the previous day’s low, the latest body covered 50% of the previous day’s body and the head of -
Jayaprakash wrote a new post, Bearish Engulfing Candle witnessed with Adani Power 2 years, 10 months ago
Checked for below conditions to confirm the candle:
Uptrend – Recent increase in pricePrevious day bullish candle covered by the latest bearish candleSlight high volume is observed
Direction: Short
Entry:
-
Jayaprakash wrote a new post, Bullish Engulfing Candle witnessed with Karnataka Bank 2 years, 10 months ago
Checked for below conditions to confirm Bullish Engulfing Candle:
Recent price fall is witnessed
Previous day candle is covered by latest candle
Slight increase in volume is observedDirection: Long
Entry:
-
Jayaprakash wrote a new post, Triangle Bearish Breakout witnessed with Coal India 2 years, 10 months ago
Checked for the below conditions to confirm bearish triangle:
5 wave corrective pattern (A – B – C – D – E)Duration more than 45 daysConsiderable volume during breakout dayBottom D is higher than bottom B, top C
-
Jayaprakash wrote a new post, Triangle Bullish Breakout witnessed with ACC 2 years, 10 months ago
Checked for below conditions to confirm triangle bullish breakout:
Checked for 5 wave corrective pattern
Time to form the triangle is more than 45 days
Volume high on breakout dayTrading Plan:
Go long above
-
Jayaprakash wrote a new post, Bullish Triangle witnessed with ONGC 2 years, 10 months ago
Checked for below conditions to confirm the bullish triangle pattern:
5 wave corrective pattern is observed(A – B – C – D – E)
Duration more than 45 days
Volume is high on breakout day
E is higher than C, C is -
Jayaprakash commented on the post, Bearish trend witnessed in SBI using Dow Theory 2 years, 10 months ago
Hi Naresh,
Please find the trade plan below.
Go short below 287
Target: 248
Stop loss: 326 -
Jayaprakash wrote a new post, Bearish Flag Pattern witnessed with ONGC 2 years, 10 months ago
Checked below conditions to confirm bearish flag pattern:
Steeper downside pollSideways movement with less volume for 7 daysIncrease increase in volume during negative breakout
Trade Plan:
Entry point : go
-
Jayaprakash wrote a new post, Bullish Flag Pattern witnessed with JSW steel 2 years, 10 months ago
Checked for below conditions to confirm bullish flag pattern:
Steeper poleSide ways movement with flag(around 8 days)Considerable less volume during sideways movementVolume increased during breakout
Trade
-
Jayaprakash wrote a new post, Cup Pattern witnessed with JSW Steel 2 years, 10 months ago
Checked for below conditions to confirm cup pattern:
Took more than 3 months to form cup pattern
Lackluster volume is observed
Rounding bottomTrade plan:
Major Support: 134
Resistance : 296
Entry p
-
Jayaprakash wrote a new post, Head and Shoulder witnessed with JSW steel 2 years, 10 months ago
Below are the conditions checked to confirm head and shoulder pattern:
Left shoulder, Head, Right shoulder are seen
Volume in left shoulder is high and the volume at right shoulder is less
Duration to form this - Load More