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Meyyappan Palaniappan commented on the post, Nifty – Bearish Engulfing 6 years, 4 months ago
Thank You Mr.Vignesh.
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Meyyappan Palaniappan commented on the post, Ambujam Cement – Bullish Engulfing 6 years, 4 months ago
Thank for your comment. I expect more comments from you.
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Meyyappan Palaniappan wrote a new post, Nifty – Piercing Pattern (Bullish) 6 years, 4 months ago
In this Nifty chart, a red candle stick appeared in and followed by a green candlestick which opens with gap up. And the green candle engulfed half of the body of the red candle. So it is called as the p
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Meyyappan Palaniappan wrote a new post, Nifty – Bearish Engulfing 6 years, 4 months ago
In this Nifty chart the uptrend rally end and a red long candle stick appears. And the red candle stick engulf the green candlestick. It is a signal that downtrend rally begins. The target achieved with in four days.
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Meyyappan Palaniappan wrote a new post, Ambujam Cement – Bullish Engulfing 6 years, 4 months ago
In this Ambujam Cement chart a price rally comes downwards to end as shown in red candlestick. And a green candlestick fully engulfed the red candle. So, the prices will go uptrend. The target achieved within 7 days.
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Meyyappan Palaniappan wrote a new post, Adani Enterprises – Triangle (Bearish) 6 years, 4 months ago
In this Adani Enterprises chart the prices are comes down and form a triangle pattern. The Stop Loss is the centre of the angle i.e. 80 and the entry price or sell price is 75 and the target is 70 and it takes
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Meyyappan Palaniappan wrote a new post, Triangle Pattern (Bullish) – Nifty 6 years, 4 months ago
A bullish triangle pattern is confirmed in this chart. The point breakout at 7928 and reached the target of 8278 within 10 days.
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Meyyappan Palaniappan wrote a new post, Idea Cellular – Flag Pattern (Bearish) 6 years, 4 months ago
This Idea Cellular Chart, shows a sideways trend for four days. In this chart the upward trend ends and the sideways trend starts. This trend continues for four days. After the end of the upward trend, the
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Meyyappan Palaniappan wrote a new post, Gail India – Flag Pattern (Bullish) 6 years, 4 months ago
Flag Pattern should move in sideways and duration for that is 4 to 7 days. In this Gail India chart the price movements are in sideways for 6 days. And the prices are moves in upward trend. So this is c
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Meyyappan Palaniappan commented on the post, Gail India – Flag Pattern (Bullish) 6 years, 4 months ago
O.K Sir I will do another one. Thank you.
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Meyyappan Palaniappan wrote a new post, Gail India – Flag Pattern (Bullish) 6 years, 4 months ago
To form a Flag pattern the duration should be 3 to 7 days. The volume should be high. In this Gail India chart, the flag pattern formed in three days. And the volume is high.
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Meyyappan Palaniappan wrote a new post, Federal Bank – Cup Pattern 6 years, 4 months ago
In this Federal Bank chart, prices comes down slowly, from July 2015 to April 2016. And the prices raises slowly from April 2016 to October 2016. So this pattern is identified as the Cup Pattern.
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Meyyappan Palaniappan wrote a new post, Dabur – Head and Shoulder Pattern 6 years, 4 months ago
In this Dabur line chart, it has been seen that a Head & Shoulder pattern is observed with the Head (middle top) is the highest price at this time. The volume is high in the left shoulder which implies the s
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Meyyappan Palaniappan commented on the post, Dow Theory – Bullish Trend 6 years, 4 months ago
Thank for your comment. In further practice i will take more data.
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Meyyappan Palaniappan commented on the post, Apollo Hospital – Double Bottom 6 years, 4 months ago
Thank your for your kind letter.
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Meyyappan Palaniappan wrote a new post, Bharat Forge – Double Top 6 years, 4 months ago
To identify the double top, there should be two equivalent tops. The two tops should be marked as A & B and the bottom between A & B marked as C. Duration should be more than 45 days and the volume should be
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Meyyappan Palaniappan wrote a new post, Apollo Hospital – Double Bottom 6 years, 4 months ago
Double bottom is two equivalent bottom which is identified and marked as A & B and the top between A & B is marked as C. The qualities of double bottom is, the duration between the two bottoms should be 45 days or
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Meyyappan Palaniappan and Avudaiappan are now friends 6 years, 4 months ago
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Meyyappan Palaniappan wrote a new post, Dow Theory – Bearish Trend in Ambuja Cement 6 years, 4 months ago
In this Ambuja Cement chart the rally of bullish ends and the bearish rally starts. The sell price of the share is 260. Stop loss is 278. And the exit price or Target is 242. And the target achieved in one month.
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Meyyappan Palaniappan wrote a new post, Dow Theory – Bullish Trend 6 years, 4 months ago
In the Line chart Nifty marked for two years. Then the qualified Higher tops and Higher bottoms and Lower tops and Lower bottoms are marked. If we conclude, there is higher top and higher bottom or lower top a
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