@sharewasi
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Dr. Bhushan commented on the post, JUBLFOOD Bearish Engulfing 6 years ago
Dilil Suresh ,
Good observation.
RSI is showing negative divergence and RSI has fallen below the 70 level.Thanks and regards,
Dr. Bhushan -
Dr. Bhushan wrote a new post, ICICI Bank Break out gap with volume 6 years ago
ICICI Bank formed a break out gap with tremendous volume rise today on 08/05/2018.Such Break out gap are not easily filled , as they indicate the start of new trending phase.So look for the buying opportunity
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Dr. Bhushan commented on the post, PC Jewellers RSI study 6 years ago
PC Jewelers has reached the first target of 242 on 07/05/2018.
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Dr. Bhushan commented on the post, BEML_Bullish_Piercing 6 years ago
Dilil Suresh,
Congrats, BEML is up more than 6% today. It has made a high of 1141 till 11.30 of 08/05/2018.
Keep it up.
Thanks and regards,
Dr. Bhushan -
Dr. Bhushan commented on the post, IGL_Hammer 6 years ago
Dilil Suresh,
IGL Stop loss of Rs. 261 is hit. The script has made a low of 260.30, today on 08/05/2018.
You win some trade , you loose some trade. As long as you stick to the rules, it is OK.
Thanks and -
Dr. Bhushan commented on the post, Double bottom – high volume – bulish engulfing 6 years ago
Dinesh Kumar,
Can you specify which two bottoms you are taking into account to call it double bottom. Also candle of 07/05/2018 is not a bullish engulfing candle. Open of the candle of 07/05/2018 is Rs.88.50, -
Dr. Bhushan wrote a new post, Kajaria Ceramics, bullish Engulfing candlestick Pattern 6 years ago
Kajaria Ceramics is in the down trend.On 07/05/2018 it formed a bullish engulfing candlestick pattern with higher volume.Entry above the high of the engulfing candle at Rs. 533.65Stop low of the engulfing candle
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Dr. Bhushan wrote a new post, TATA Elxsi RSI below 70 6 years ago
Tata Elxsi an IT company was having a bull run, since last 5 months.RSI went above 70 for the first time on 19/04/2018, indicating strong bullishness.Stock has formed a top at Rs. 1259.90 on 26/04/2018. Since then
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Dr. Bhushan wrote a new post, PC Jewellers RSI study 6 years ago
PC Jewellers is in down trend since late January 2018.RSI of the stock went below 30 on 25/04/2018 , making it oversold and made a low of 8.41 on 02/05/2018. On 03/05/2018, stock started moving up and it went
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Dr. Bhushan commented on the post, IGL_Hammer 6 years ago
IGL has a significant upper wick and also stop loss is too big at below 261 and entry above 275.75 , ie 15 Rupees, which is more than 5%. for script under Rs. 300.
Your finding are correct, but I would not take -
Dr. Bhushan commented on the post, BEML_Bullish_Piercing 6 years ago
Very Good observation ,Dilil Suresh .
Only concern is it has a good upper wick, but the volume has sky rocketed , so this should give a strength to the bullish piercing signal.
Entry should be above the high of -
Dr. Bhushan wrote a new post, Coal India Exhaustion Gap [ practice] 6 years ago
Coal India was in the recent down trend and formed a Exhaustion Gap in a downtrend on 23/03/2018.Stock opened as a gap down mimicking as a runway gap at the open, but at the end of the day filled the gap
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Dr. Bhushan wrote a new post, Hindustan Unilever Exhaustion Gap 6 years ago
Hindustan Unilerver is on the bull run since last few days.Break out gap was formed on 05/04/2018 with low volume.It formed two run away gap on 17/04/2018 and 18/04/2018.On 02/05/2018 it opened as a runway gap.
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Dr. Bhushan wrote a new post, Bajaj Finance Runaway Gap 6 years ago
Bajaj Finance ha d formed a break out gap on 27/03/2018, with higher volume.Bajaj finance formed the runaway gap on 04/05/2018, with more than average volume.It again formed another Runaway gap on 05/04/2018, w
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Dr. Bhushan wrote a new post, DHFL Runaway Gaps 6 years ago
DHFL Formed a break out gap on 26/04/2018 with higher volume.Next trading day on 27/04/2018, it formed a Runaway gap , with higher average volume of 30 MA, but lower than break out gap .volume.Again on next
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Dr. Bhushan wrote a new post, MFSL [ Max Financial Services Limited ] Flag formation. 6 years ago
MFSl has formed a flag pattern.Steep pole with higher volumes formed from 18/04/2018 to 24/04/2018.After that stock is moving in the horizontal range with low volume since last 7
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Dr. Bhushan wrote a new post, Petronet bullish Hammer formation 6 years ago
Petronet is in the down trend since last 6 months.On 04/05/2018 . it formed a bullish hammer candle stick pattern, with lower tail is more than double the body of the hammer. It has a small upper shadow also. T
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Dr. Bhushan commented on the post, Head n shoulder 6 years ago
You are chosen monthly chart for analysis, then you should mention it in your analysis.
You have also not mentioned the labels, like left shoulder, head and right shoulder. You should mention the findings on the -
Dr. Bhushan wrote a new post, Reliance failed break out gap on 27/04/2018 6 years ago
Reliance formed a break out gap on 27/04/2018 after moving from the trading range with gap up.Open of 27/04/2018 was Rs. 989.80Close of the 26/04/2018 was Rs.975.40.Volume on the break out gap was high. As the
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Dr. Bhushan wrote a new post, Indigo break out Gap on 03/05/2018 6 years ago
Indigo break down gap .Close on 02/05/2018 is Rs. 1342.90Open on 03/05/2018 is Rs. 1285.Note the volume spurt many times over the average volume, indicating strong bearishness.As it is break down gap it is not
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