Navin

Dear Balaji,

Noted on your comments, moving forward will use as per yur suggestion.

and thanks for your valuable feedback.

Cheers,

Navin

Dear Balaji,

Hoping 🙂

Cheers! 🙂

Dear Balaji,

Thank you so much for your time and valuable feedback, really appreciate it.

Cheers! 🙂

Dear Balaji,

The idea is that, there are buyers who has bought the stock at 1618 after it falls from 1650.

So if the price falls from the previous buyers, the probability of it going down is greater and hence the stop-loss if fixed as 1618 to be more cautious for the profit, i have set to that limit not wanting my stock to go below t…[Read more]

Dear Murugan,

Sorry, I just forgot to attach.

Dear Sir/Madam,

Correct me if i am wrong, as long as Engulfing pattern is concerned, the green body should cover the previous days Red.

So, the above mentioned stock satisfies as per that condition.

Please revert, in case of any concern.

Cheers!

Dear Kanakaraj,

That was the previous top, but after that the sellers came down to around 880 mark. so once the stock crosses the 880 mark it is good to be bought as we could see the seller is not powerful there anymore. so i will suggest to buy the stock at 880 rs.

This is just a simple logic, if your buying the stock at 880 (which was…[Read more]

Golden mean:

Golden mean is the ratio of two consecutive numbers, which is same for all other ratio in the series

GAP:

GAP is the space between the previous day’s closing and the next day’s opening.

It can be identified by using candlesticks chart.

It is used to determine the trend and the way in which market will be taken forward.

Area GAP:

This area GAP is basically found between the demand and supply zone with low volume.

The GAP will likely be filled really soon and therefore representing that it does not depend on the buyer and the seller.

Breakout GAP:

This GAP is found in the breakout area with humongous volume.

This volume indicates the strength of the B…[Read more]