@srinivasgupta
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Srinivas gupta replied to the topic What do we interpret using GAP ANALYSIS? in the forum GAP Analysis and its interpretations 7 years, 11 months ago
- The strength of the pattern is used to know by using it.Does it is the beggining of newtrend or exit of trend is know by this.
- Does the trend is stagnant is also known by this.
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Srinivas gupta replied to the topic What are HAMMER / hanging man? Why it is very popular when to buy and Sell? in the forum The Simple Candlestick Analysis 7 years, 11 months ago
- Hammer:After the recent fall in prices we expect the hammer to be formed.The lower tail is two times the body size.
- The upper tail does not exists at all.With this its appear as a hammer.After this the prices increases.The long position to be created at the the highesr point and stoploss upto the lowest point.
- After the raise in prices the…
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Srinivas gupta replied to the topic What is DOJI? How to make use of DOJI? in the forum The Simple Candlestick Analysis 7 years, 11 months ago
- Thin body star shaped candle is the representation of doji.
- Appear after a significant fall and volume is also high.
- Opening and closing is also at same point so it is thin.
- Long position to be created at highest of doji and stoploss is the lowest of doji.Target can be expected at two times of risk.
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Srinivas gupta replied to the topic What is Engulfing pattern? What are its conditions to qualify? When to buy and Sell? in the forum The Simple Candlestick Analysis 7 years, 11 months ago
- Reversal pattern to be identified first. For bullish engulfing recent fall in prices are to be identified.
- Today green body shall cover previous day red body.
- Long position to be created at highest of green candle and stoploss at the least point of the candle.
- Some volume is expected at this point but not compulsory.
- Target is expected…
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Srinivas gupta replied to the topic What is piercing pattern? What are its conditions to qualify? When to buy and Sell? in the forum The Simple Candlestick Analysis 7 years, 11 months ago
- First of all reversal pattern to be identified.That is recent fall in prices qualify bullish piercing.
- Today’s green body shall cover the previous day low.The body shall cover yesterday 50%body.The uper tail should not be long.
- Long position to be created at the highest of these two days.Stop loss can be taken as the lowest point of…
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Srinivas gupta replied to the topic Who should use candle stick analysis? What is the role of volume in candlestick analysis? in the forum The Simple Candlestick Analysis 7 years, 11 months ago
- Candlestic stick analysis is use by weekly traders.
- In price patterns volume is given importance.While in candlestic volume is not goven importance .But in some patterns while breakout volume is to be expected.
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Srinivas gupta replied to the topic What is the general forecasting duration using candlestick analysis? in the forum The Simple Candlestick Analysis 7 years, 11 months ago
- The duration to identify the trend is weekly.By using three to four days prices we can make decision to buy or sell.
- The reversal trend is used in cadlestic patterns i.e three to four days price falls and rise in price is expected to make bullish pattern in cadlestic.
- So all decision is taken on weekly basis.And also useful for weekly traders.
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Srinivas gupta replied to the topic What is Candle stick analysis? Its evaluation and it real time application? in the forum The Simple Candlestick Analysis 7 years, 11 months ago
- It is mainly useful for weekly traders. Individual day prices are given importance and decision making is taken by considering it.
- While price patterns are useful for monthly traders, cadelistic is useful for weekly purpose.
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Srinivas gupta replied to the topic What are Price Patterns? in the forum Price Patterns and its characteristics 7 years, 11 months ago
- Price patterns helps use to determine when to enter into the market,when to exit it.
- It also tells about the stoploss and target to be taken.The share behaviour of bullish or bearish can also be identified.
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Srinivas gupta replied to the topic What is Double TOP? What are their conditions to determine the bearish trend? in the forum Price Patterns and its characteristics 7 years, 11 months ago
- Open line charts and identify the two equal top in the graph.If the gap between the these top are minimum 1 month it is to be considered good.
- The volume should be more in second top starting of falling pattern or at the time of breakout.
- When breakout takes places below the previous buying area,short position to be created.
- The stoploss…
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Srinivas gupta replied to the topic What is rounding bottom / Cup pattern? What are their conditions to determine the bullish trend? in the forum Price Patterns and its characteristics 7 years, 11 months ago
- A longer time is required to form the cup pattern.The will be no correlation of the share to the market.
- A cup pattern should be clearly visible in it.long term holding is required to gain the profit.It is know as accumulation by the stronger hands.
- When cup is to be filled long position to be created and hold it on for good returns.It is…
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Srinivas gupta replied to the topic What is FLAG pattern? What are the conditions to qualify as perfect FLAG? in the forum Price Patterns and its characteristics 7 years, 11 months ago
- A steep slope to be identified first to form a triangle pattern.
- Then at the top end of steep the rectangle sideways pattern to be formed in 3 to 7 days.
- A breakout to be formed upwards,if steep is formed towards upwards.The breakout to be formed without any drift.
- When the breakout is to be upward then create long position and when it is…
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Srinivas gupta replied to the topic What is FLAG pattern? What are the conditions to qualify as perfect FLAG? in the forum Price Patterns and its characteristics 7 years, 11 months ago
- A steep slope to be identified first to form a triangle pattern.
- Then at the top end of steep the rectangle sideways pattern to be formed in 3 to 7 days.
- A breakout to be formed upwards,if steep is formed towards upwards.The breakout to be formed without any drift.
- <span style=”line-height: 1.5;”>When the breakout is to be upward then…
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Srinivas gupta replied to the topic What is FLAG pattern? What are the conditions to qualify as perfect FLAG? in the forum Price Patterns and its characteristics 7 years, 11 months ago
- A steep slope to be identified first to form a triangle pattern.
Then at the top end of steep the rectangle sideways pattern to be formed in 3 to 7 days.<span style=”line-height: 1.5;”>A breakout to be formed upwards,if steep is formed towards upwards.The breakout to be formed without any drift.</span>
When the breakout is to be upward then…[Read more]
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Srinivas gupta replied to the topic What is FLAG pattern? What are the conditions to qualify as perfect FLAG? in the forum Price Patterns and its characteristics 7 years, 11 months ago
- A steep slope to be identified first to form a triangle pattern.
Then at the top end of steep the rectangle sideways pattern to be formed in 3 to 7 days.<span style=”line-height: 1.5;”>A breakout to be formed upwards,if steep is formed towards upwards.The breakout to be formed without any drift.</span>
When the breakout is to be upward then…[Read more]
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Srinivas gupta replied to the topic What is FLAG pattern? What are the conditions to qualify as perfect FLAG? in the forum Price Patterns and its characteristics 7 years, 11 months ago
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<li style=”text-align: left;”>A steep slope to be identified first tp form a flag pattern.
<li style=”text-align: left;”>Then at the top end of steep the rectangle sideways pattern to be formed in 3 to 7 days.
<li style=”text-align: left;”>A breakout to be formed upwards,if steep is formed towards upwards.The breakout to be formed without… -
Srinivas gupta replied to the topic What is triangle pattern? What are the conditions to qualify as perfect triangle? in the forum Price Patterns and its characteristics 7 years, 11 months ago
- Candelistic charts are best to detect the triangle pattern.
- Plot 5points on the chart such a way that triangle pattern can be identified on it.
- Pattern is formed in such a way that buyers and sellers come to one point.when breakout is upside it is to create long position.when breakout is downside short position to be created.
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Srinivas gupta replied to the topic How price pattern are different from Dow Theory? in the forum Price Patterns and its characteristics 7 years, 11 months ago
- Price patterns tells us only about the bearish or bullish.we couldn’t come to know when to buy and sell.
- But using price patterns we can know when to enter and when to exit the stock price.
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Srinivas gupta replied to the topic What is Head and Shoulder? What are their conditions to determine the bearish trend? in the forum Price Patterns and its characteristics 7 years, 11 months ago
- First observe bottom,top,bottom in a chart.That is right shoulder,head,and left shoulder.
- The duration of every one should be minimum 1 month.All together should be 3months.The volume at left shoulder should be more and volume at right shoulder should be less as much as poosible.
- It is to be reffered as distribution pattern.If th right…
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Srinivas gupta replied to the topic What is inverted Head and Shoulder? What are their conditions to determine the bullish trend? in the forum Price Patterns and its characteristics 7 years, 11 months ago
- If you observe left soulder,head and right shoulder in a chart in an inverted shape it is inverted head and shoulder.
- Every part should be minimum 1month to form.All together is 3months, and huge volume should takes place at left shoulder and volume should be as low as possible at right shoulder.
- The breakout of right shoulder shoulder if…
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