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kalidasan wrote a new post, BHARATFORG 7 years, 2 months ago
BHARATFORG a hammer is seen in down trend . with high volume . bullish trend begins.
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kalidasan wrote a new post, AURO PHARMA DOJI 7 years, 2 months ago
A doji candle is in down trend , reversal takes place.bullish trend begins .
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kalidasan wrote a new post, HDFC BEARISH PIERCING PATTERN 7 years, 2 months ago
HDFC is seen with bearish pattern . Previous trend is bullish. The green candle covers 50% of the previous candle,.And it covers the low of the previous candle. the trend begins to fall. short position is he
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kalidasan wrote a new post, AXIS BANK — BULLISH ENGULFING 7 years, 2 months ago
AXIS BANK is found for Bullish Engulfing Pattern . The previous trend is bearish .The next candle of bullish candle confirms the bullish. Increased volume is with bullish candle.
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kalidasan wrote a new post, GODREJ –TRIANGLE PATTERN -BULLISH-LONG 7 years, 2 months ago
Godrej is taken — a triangle pattern is found –at the end the rally begins —
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kalidasan wrote a new post, GRASSIM -FLAG PATTERN – BULLISH- LONG 7 years, 2 months ago
Grassim is selected for . A flag pattern is found after a rally , a sideways movement is seen forming a rectangular shape which denotes flag pattern. it took 10 days . again started break out with volume.–so, l
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kalidasan wrote a new post, BOSCHLTD CUP PATTERN 7 years, 2 months ago
BOSCHLTD is taken for practice – cup pattern- a down trend begins at resistance – correlation between the stock and is seen. again it reaches resistace .then the handle is formed.
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kalidasan wrote a new post, AMBUJACEM Ltd HEAD AND SHOULDER 7 years, 2 months ago
AMBUJA CEM Ltd –HEAD AND SHOULDER –Breakdown below the neck line – The rally begins at 244 , -Neck line at 256 , resistance at 284 . the right shoulder breaksdown below the neck line . -going short at 256 , a
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kalidasan wrote a new post, BHARTHI ARTL Ltd 7 years, 2 months ago
Bharthi airtel —a double bottom is seen with a period of 25 days , and with volume at the first bottom is likely to move bullish .
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kalidasan wrote a new post, BEL DOUBLE TOP 7 years, 2 months ago
BEL Ltd — Double top — is seen in the chart with a minimum period of 20 days , and the second top supported by VOLUME.
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kalidasan wrote a new post, Bajaj Auto Ltd DOW THEORY 7 years, 2 months ago
Bajaj Auto is selected for dow theory. It fulfills the minimum period of three months._ Both bullish and bearish trends are available .
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kalidasan replied to the topic What is intraday analysis? How it is different from positional analysis in the forum Intraday Analysis for Day Traders 7 years, 2 months ago
In intraday we analysis with a view to enact both buy and sell in the same day according to current activities of the market. In positional trading we postpone sell according to our expected price . So we can not follow the same analysis for both the cases.
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kalidasan replied to the topic Why the positional analytical methods are not followed in intraday analysis? in the forum Intraday Analysis for Day Traders 7 years, 2 months ago
The intraday trading decisions are taken on the basis of current market price . In future , we can not predict the price fluctuations .
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kalidasan replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 7 years, 2 months ago
Yes the global market impacts intraday price movements. FIIS and the strong hands,inside traders activities affect .
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kalidasan replied to the topic Why do we need to close the intraday position on the same day? Is it mandate? in the forum Intraday Analysis for Day Traders 7 years, 2 months ago
In the case of ” long” we can go for positional trading , but in the case of “short ” we must close on that day itself, otherwise ,T+2 will affect us. it is mandatory.
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kalidasan replied to the topic How do we use Fibonacci retracement to identify support and resistance zone? in the forum Technical Indicators to understand market trend 7 years, 2 months ago
Draw a line from the latest swing low to latest swing high.,it touches the 61.8 % line and bounce back after retracement. Most of the time when you draw a fib grid on a chart you will notice that the grid line up with support and resistance areas that you would see any way without drawing lines. it is how we can identify spport and resistance.
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kalidasan replied to the topic What is the logic behind golden Mean – Fibonacci Series? in the forum Technical Indicators to understand market trend 7 years, 2 months ago
Among the five fibonacci lines , 61.8 % is called golden line. whenever price goes up in an up trend , it retraces by usually touching the FIB line and then starting moving up , the same thing is applicable to down trend . The rally will lost only after touching FIB lines measured retracement . The fib lines are :- 38.2% , 50% , 61.8% .
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kalidasan replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 7 years, 2 months ago
The relative strength indicator is seemed with a lot of ups and downs. Two paralel lines with one 70 mark and the other with 30 mark. The line is to move along two lines. If the line move towards upward and cut 70 from downward reveals the strength of buyers ,and when the line move downwards ,it exposes the overbought condition, . where we can g…[Read more]
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kalidasan replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 7 years, 2 months ago
The moving average is formed to identify the trend , for the convenience of the traders, but not a decision maker . In order to reduce the human job this type of indicator is made by mingling dove theory,price patterns , candles together . The trend is possitive ,when it is above the trend line. If it is below the trend line it is said to be b…[Read more]
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kalidasan replied to the topic What is called technical indicators? How it is different from other analysis? in the forum Technical Indicators to understand market trend 7 years, 2 months ago
The technical indicators are used to read the trends. They are tools help us in trading decisions.Not decision makers. A clear knowledge of demand and supply is very much important. Technical indicators are ready made analysis , they are made to reduce human job . They are like reports. They are algorithmic. Moving averages , and Relative…[Read more]
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