R.Durga Prasad

SIR,actually  the time period for forming the H&S is is 3 months ,but here the time taken for forming the HEAD itself took two months which totally takes 4 months for the formation.

Entry at 375,Target-325,sl-355.

Entry at 375,Target-395,Stop Loss-355.

The sequence you marked is LB-LT.

Price patterns are the easiest tool to identify the shares we have to buy and sell.

Bullish trend(Buy):

Double bottom

Flag pattern

Cup pattern

Inverted Head and Shoulder, we have to buy at he end of all these patterns.

Bearish trend(Sell):

Double top

Head and Shoulder,we have to sell the shares at the end of these patterns.

TRIANGLE…[Read more]

Price patterns are the easiest tool to identify the shares we have to buy and sell.

Bullish trend(Buy):

Double bottom

Flag pattern

Cup pattern

Inverted Head and Shoulder, we have to buy at he end of all these patterns,if they have good volume of trade.

Bearish trend(Sell):

Double top

Head and Shoulder,we have to sell the shares at the…[Read more]

The simple ways to identify the momentum of stock market are here:

Market direction :Market direction is the sentiment of the day,we have to check market advance/decline and then select the companies whose prices are up.

Sector contribution:Find the sectors who got good growth and select the top 5 sectors having good price and analyse their…[Read more]

The simple ways to identify the momentum of stock market are here:

Market direction :Market direction is the sentiment of the day,we have to check market advance/decline and then select the companies whose prices are up.

Sector contribution:Find the sectors who got good growth and select the top 5 sectors having good price and analyse their…[Read more]

RSI full form is Relative Strength Index.It is a technical Non trending indicator.Here price movement will be shown on a scale having 70 and 30 points.

If the price move above 70 zone with high volume then keep Long position,where as if the price reaches the neck line of 30 ,it denotes the  sellers are selling in huge manner then we have to make…[Read more]

Moving average is an technical indicator which shows the Trend movement as a line in a line chart.Generally 21 days line charts are taken for the calculation of Moving average.It works like a Magnet.If the price is above the Moving average then it is said to be Bullish and vice-versa.

It is a Trending Indicator.

Moving average is an technical indicator which shows the Trend movement as a line in a line chart.It is the line showing average price movement.Generally 21 days line charts are taken for the calculation of Moving average.It works like a Magnet.If the price is above the Moving average then it is said to be Bullish and vice-versa.

It is a Trending…[Read more]