Analysis of charts - discussion share ur views

[vishalalluri]

@Prasadam
Will it be ok with you if i add you in email? Mine is jdude41 at gmail.

i added u mangafreakz

 

[prasadam]

Hi Vishal.

Are you employed?

you want to become a full time trader or part time trader?

 

[prasadam]

Hi Manga.

what is your tradng style?

indicator based, chart patterns based or pure price action ?

@Prasadam
Will it be ok with you if i add you in email? Mine is jdude41 at gmail.

 

[saivenkat]

hi bunny i am posting the chart and what i had asked is encircled

should i take it as a fact tht its just upper bb piercing and the red candles shows that prices closed below the open and the trend is still bullish

Vishal ji,

What you have encircled ( the red candles) i decode it as, a HANGING MAN,A SHOOTING STAR,AND AGAIN A HANGING MAN PATTERN, that which signifies the downtrend that is to begin with.

Apart from this the price increase , with decrease in volume. Can it take it as negative divergence?

I must thank you whole-heartedly Vishal sir, for making me so inquisitive enough to start learning TA. Before joining this forum sir, i thought learning TA, is so very tough and is literally not possible for persons like me. But then after i started to read the posts here, especially made by you, i gained huge confidence and encouragement in me, and i downloaded chartnexus, and i am trying to make some charts and decipher the same.

P.S: The confidence level in me have made me share my view about the chart, but excuse me sir, if my level of interpretation is wrong.

Regards
Saivenkat.

 

[columbus]

Vishal ji,

What you have encircled ( the red candles) i decode it as, a HANGING MAN,A SHOOTING STAR,AND AGAIN A HANGING MAN PATTERN, that which signifies the downtrend that is to begin with.

Apart from this the price increase , with decrease in volume. Can it take it as negative divergence?

I must thank you whole-heartedly Vishal sir, for making me so inquisitive enough to start learning TA. Before joining this forum sir, i thought learning TA, is so very tough and is literally not possible for persons like me. But then after i started to read the posts here, especially made by you, i gained huge confidence and encouragement in me, and i downloaded chartnexus, and i am trying to make some charts and decipher the same.

P.S: The confidence level in me have made me share my view about the chart, but excuse me sir, if my level of interpretation is wrong.

Regards
Saivenkat.

SundaramClayton is not a liquid counter .Less than 25000 shares in
last one month.

 

[Mangafreakz]

Hi Manga.

what is your tradng style?

indicator based, chart patterns based or pure price action ?

No trading as of now Replied your mail. Thanks for adding me.

 

[vishalalluri]

Hi Vishal.

Are you employed?

you want to become a full time trader or part time trader?

hi prasad

i just finished my mba in finance
i got an offer from ubs in the credit risk control anlalyst and one other firm

bit busy last 2 days with with my documetns work

confused if to choose trading as a full time profession

i am so attched to markets now that i cant stop myself frm knowing the status of markets wherever i am

trading is not so socially acceptable i dont kno y this world has a wrong perception abot stock markets i guess u understand what iam tryin to say

actually i m planning to work for some time and then later get into trading as full time markets dont go anywhere they always there for us

u working i guess i guessed it from ur mail id

guide me if i shud sick to trading as it attracts me the most

 

[vishalalluri]

Vishal ji,

What you have encircled ( the red candles) i decode it as, a HANGING MAN,A SHOOTING STAR,AND AGAIN A HANGING MAN PATTERN, that which signifies the downtrend that is to begin with.

Apart from this the price increase , with decrease in volume. Can it take it as negative divergence?

I must thank you whole-heartedly Vishal sir, for making me so inquisitive enough to start learning TA. Before joining this forum sir, i thought learning TA, is so very tough and is literally not possible for persons like me. But then after i started to read the posts here, especially made by you, i gained huge confidence and encouragement in me, and i downloaded chartnexus, and i am trying to make some charts and decipher the same.

P.S: The confidence level in me have made me share my view about the chart, but excuse me sir, if my level of interpretation is wrong.

Regards
Saivenkat.

sai ji

please remove the ji and sir .

i myself have got into technical analysis during my final semester thesis on the topic and after that i try doing nothin else then keeping on learning and sharing .

threads started by me are purely sharing of what i know to all who always thought what TA was all about

if my posts are injecting the urge in people to learn more , then its the best thing i can hear of

I believe A collaborative effort from all newbies and seniors can make learning of TA in depth for all of us

 

[columbus]

hi prasad

i just finished my mba in finance
i got an offer from ubs in the credit risk control anlalyst and one other firm

bit busy last 2 days with with my documetns work

confused if to choose trading as a full time profession

i am so attched to markets now that i cant stop myself frm knowing the status of markets wherever i am

trading is not so socially acceptable i dont kno y this world has a wrong perception abot stock markets i guess u understand what iam tryin to say

actually i m planning to work for some time and then later get into trading as full time markets dont go anywhere they always there for us

u working i guess i guessed it from ur mail id

guide me if i shud sick to trading as it attracts me the most

Hi Vishal,
Right now ,do not take this as a full time profession.
Let your profession contains trading.

 

[prasadam]

u working i guess i guessed it from ur mail id

No. that's not my mail id.:lol: its my client's id. and of a different profession. not at all related to stocks.

actually i m planning to work for some time and then later get into trading as full time markets dont go anywhere they always there for us

well said. :thumb:

so, the way ahead for you is investments / positional trades.

so that you can accumulate wealth of finance and knowledge.

concentrate on chart patterns & trend lines.