Chart patterns

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vishalalluri

Well-Known Member
#44
hi prasad
checked ur mail :D not so strong in wolfe waves to use it now

firstly im not good in wolfewaves i was thinking of starting to learn it , all my learning is through this thread:) whatever im learning i post it in threads

i am looking forward a lot for your helping hand in me having a grip on patterns can u post a simple wolfe wave basic setup then i ll start reading on it and posting more charts :)

thenk u for the mail

hope i can use it once im done wih understanding wolfewavves
 
#45
Re: where to find margin amount for nifty

Thank you sir and for ur information
i have am account in india bulls bangalore
i am new to this market and i lost around 35k in this market in 3months so if any is there to give me free tip till i recover my money.

thank you




hi kamath

will post the link tommorow :)

generally its 12-15% of the contract value

say for eg for mininifty (lot20)

5000*20=100000

margin required 12% =12/100*100000=12000 rs
 

vishalalluri

Well-Known Member
#47
Re: where to find margin amount for nifty

Thank you sir and for ur information
i have am account in india bulls bangalore
i am new to this market and i lost around 35k in this market in 3months so if any is there to give me free tip till i recover my money.

thank you
hi kamath if you are new to the market ill suggest u not to waste more money in markets till u understand how it works

stocks to keep a close eye on chapter 2 thread can atleast let u make a portfolio which is safe
have patience and enjoy the benefits till u cover ur losses
 

vishalalluri

Well-Known Member
#48
i just found something on the intraday chart a inverted
head and shoulder pattern on nifty

prasad let me know if i m right :)


i think fibonacci retracements can also have been added
 

Capricorn

Well-Known Member
#49
Ascending triangles are generally considered bullish and are most reliable when found in an uptrend.

The top part of the triangle appears flat, while the bottom part of the triangle has an upward slant.

Volumes are important factors of confirmation in chart patterns

In ascending triangles, the market becomes overbought and prices are turned back. Buying then re-enters the market and prices soon reach their old highs, where they are once again turned back. Buying then resurfaces, although at a higher level than before. Prices eventually break through the old highs and are propelled even higher as new buying comes in.


wrong chart so deleted
Live example here http://www.traderji.com/equities/27372-nifty-trend-12.html#post369389

Hope u don't mind vishal
 

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