Price action with Candlestick Analysis(No indicators)

[avny]

CIPLA WEEKLY

CIPLA DAILY

 

[avny]

BANK NIFTY SPOT DAILY

 

[avny]

godrejind daily

 

[timepass]

BANK NIFTY SPOT DAILY

Avny, the BNF has made a sort of tweezer top, whereas NF had an engulfing bear on 12th Sep. I would not assume an upside as yet, unless the previous is broken on a closing basis.

 

[avny]

Avny, the BNF has made a sort of tweezer top, whereas NF had an engulfing bear on 12th Sep. I would not assume an upside as yet, unless the previous is broken on a closing basis.

if it breaks yesterday's high tomorrow,good chances of going up

and if breaks 9980,then it will be a case of B/O fail,and we may see more lower side

though nothing is sure in trading

regarding NIFTY,in most cases it follows bank nifty

thanks

 

[hik]

Next few days are important lots of companies are pulling back for a retest.

image hosting

dlf got us an opportunity

how do i print screen

 

[timepass]

Banknifty.. This is not exactly an evening star, is it ??

 

[bapu4]

hi Hik,
Your charts are most lovely to look at , how do you locate the scrips that are promising?Any parameters for scan?Beacause seeing all the charts every day is a horandus task...
god bless you

 

[VJAY]

hi Hik,
Your charts are most lovely to look at , how do you locate the scrips that are promising?Any parameters for scan?Beacause seeing all the charts every day is a horandus task...
god bless you

Successfull trading is not easy task IMO one who trades successively making consistent profits are know it well...its most hard job ....lacs/crores of chart he gone through ....how hard to overcome emotions and keep decipline in trading ..many think trading is easy job

 

[prst]

Banknifty.. This is not exactly an evening star, is it ??

hi timepass,
this looks like a doji evening star, but for 2 concerns.
the candle of day 1 is not big enough (white).
the candle on day 3 is also not big enough (black)

i feel its bearish enough to exit your current position, but yet to wait for some other confirmation/indicator to enter short positions.
just my 2 cents.