Explanation required on chart pattern

#1
Sir i have came to know some amazing kind of trading according chart pattern but unable to understand some basic and example in live.

1.Pivot chart
2.LOWER HIGH
3.HIGHER LOW
4.HIGHER HIGH
5.LOWER LOW

6.Reversal Patterns
7.Continuation patterns
8.Double Top
9.Double Bottom
10.Head and Shoulders Pattern
11.INVERSE H&S PATTERN
12.CUP WITH HANDLE FORMATION
13.REVERSE CUP N HANDLE
14.BROADENING FORMATION

I AM TRYING TO UNDERSTAND THIS BUT WITHOUT SEEING THE CHART I AM NOT ABLE TO CATCH THE FIGURE CAN ANYONE HELP ME BY PROVIDING THE CHART FROM CURRENT NSE.
PS: IT WILL BE BETTER FOR ME IF YOU PROVIDE ME ALL THE EXAMPLE FROM S&P CNX NIFTY CHART.
 

anayash

Well-Known Member
#2
If you take some pains & search the forum threads, you will find multiple examples of all the chart patterns listed by you with Nifty as well as individual stock charts!


Check out babukraman's thread to start with!
 
#4
Reversal patterns include
* Head and shoulders
* inverse head and shoulders
* double top
* double bottom
* cup and handle etc.

which simply means when anyone of these pattern occurs, it indicates a potential reversal in price movement:

For example:
In an up-trending stock, the double top formation signals that the up move could be over and the stock price might fall.

Continuation patterns, on the other hand simply means that the stock is going to continue in the same trend/direction after a temporary setback.

For more details, you can check
http://www.onlinetradingconcepts.com/
 

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