Institutes for share Market Training in Chennai
Sunday, June 19, 2016
What is Bullish Harami Cross: Bullish Reversal Pattern?
What is Bullish Harami Cross: Bullish Reversal Pattern?
Bullish Harami Cross is a bullish reversal pattern. It appears in a downtrend. In this pattern, a long black candle appears, followed by a doji. This pattern is considered to be more significant than Bullish Harami Pattern.
In this pattern, on first day, a long black candle appears in a downtrend. Next day, it is followed by a doji, which is completely engulfed by the previous large black candle.
Strategy: Next day confirmation (though not required) in the form of white candle, large gap up or a higher close confirms the bottom and can be used to initiate long positions or liquidate short positions.
In this pattern, on first day, a long black candle appears in a downtrend. Next day, it is followed by a doji, which is completely engulfed by the previous large black candle.
Strategy: Next day confirmation (though not required) in the form of white candle, large gap up or a higher close confirms the bottom and can be used to initiate long positions or liquidate short positions.
What is Bullish Belt Hold: Bullish Reversal Pattern?
What is Bullish Belt Hold: Bullish Reversal Pattern?
Bullish Belt Hold is a bullish reversal pattern, appearing in a downtrend. In this pattern, the day opens at its lowest level, but then stock begins to move up and closes near its high, but not necessarily at the highest point of the day. The candle is a White Opening Marubozu. It has a very small upper shadow but no lower shadow.
Strategy: A confirmation with either a white candle, large gap up or a higher close on the next day can be used to initiate long positions.
Bullish Belt Hold is a bullish reversal pattern, appearing in a downtrend. In this pattern, the day opens at its lowest level, but then stock begins to move up and closes near its high, but not necessarily at the highest point of the day. The candle is a White Opening Marubozu. It has a very small upper shadow but no lower shadow.
Strategy: A confirmation with either a white candle, large gap up or a higher close on the next day can be used to initiate long positions.
What is Bullish Engulfing: Bullish Reversal Pattern?
What is Bullish Engulfing: Bullish Reversal Pattern?
Bullish Engulfing is an important bottom reversal pattern. It appears after a downtrend. It's a two candlestick pattern. In this, a large white candle completely engulfs the preceding small black candle. Though it is not necessary for the white candle to engulf the shadows of the previous black candle, it should engulf the entire real body. It's an important bullish reversal signal. Heavy volume on second day of the pattern creates higher probability of trend reversal.
Strategy: Confirmation on the third day in the form of a white candle, large gap up or a higher close can be used to initiate long positions.
Bullish Engulfing is an important bottom reversal pattern. It appears after a downtrend. It's a two candlestick pattern. In this, a large white candle completely engulfs the preceding small black candle. Though it is not necessary for the white candle to engulf the shadows of the previous black candle, it should engulf the entire real body. It's an important bullish reversal signal. Heavy volume on second day of the pattern creates higher probability of trend reversal.
Strategy: Confirmation on the third day in the form of a white candle, large gap up or a higher close can be used to initiate long positions.
Hot Currency Calls, 3rd Session: 20.Jun.2016
( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR )
11.08 Am : Buy USDINR (JUN) SA 67.58 SL 67.47 Target 67.68 / 67.76 / 67.84
11.08 Am : Sell USDINR (JUN) SB 67.42 SL 67.53 Target 67.32 / 67.24 / 67.16
USDINR (JUN) : INTRADAY TREND : UP SL : 67.30
11.08 Am : Buy EURINR (JUN) SA 76.82 SL 76.71 Target 76.92 / 77.00 / 77.08
11.08 Am : Sell EURINR (JUN) SB 76.66 SL 76.77 Target 76.56 / 76.48 / 76.40
EURINR (JUN) : INTRADAY TREND : UP SL : 76.00
11.08 Am : Buy GBPINR JUN) SA 98.39 SL 98.28 Target 98.49 / 98.57 / 98.65
11.08 Am : Sell GBPINR JUN) SB 98.23 SL 98.34 Target 98.13 / 98.05 / 97.97
GBPINR JUN) : INTRADAY TREND : UP SL : 97.75
11.08 Am : Buy JPYINR (JUN) SA 64.51 SL 64.40 Target 64.61 / 64.69 / 64.77
11.08 Am : Sell JPYINR (JUN) SB 64.35 SL 64.46 Target 64.25 / 64.17 / 64.09
JPYINR (JUN) : INTRADAY TREND : UP SL : 64.30
Online Free Currency Calls, 2nd Session: 20.Jun.2016
( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR )
10.10 Am : Buy USDINR (JUN) SA 67.54 SL 67.43 Target 67.64 / 67.72 / 67.80
10.10 Am : Sell USDINR (JUN) SB 67.38 SL 67.49 Target 67.28 / 67.20 / 67.12
USDINR (JUN) : INTRADAY TREND : UP SL : 67.30
10.10 Am : Buy EURINR (JUN) SA 76.84 SL 76.73 Target 76.94 / 77.02 / 77.10
10.10 Am : Sell EURINR (JUN) SB 76.68 SL 76.79 Target 76.58 / 76.50 / 76.42
EURINR (JUN) : INTRADAY TREND : UP SL : 76.00
10.10 Am : Buy GBPINR JUN) SA 98.33 SL 98.22 Target 98.43 / 98.51 / 98.59
10.10 Am : Sell GBPINR JUN) SB 98.17 SL 98.28 Target 98.07 / 97.99 / 97.91
GBPINR JUN) : INTRADAY TREND : UP SL : 97.50
10.10 Am : Buy JPYINR (JUN) SA 64.50 SL 64.39 Target 64.60 / 64.68 / 64.76
10.10 Am : Sell JPYINR (JUN) SB 64.34 SL 64.45 Target 64.24 / 64.16 / 64.08
JPYINR (JUN) : INTRADAY TREND : UP SL : 64.30
Free Mcxsx Currency Tips, 1st Session: 20.Jun.2016
REGISTER FOR FREE CURRENCY TIPS - http://rupeedesk.in/rupeedeskfree-calls
( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR )
9.11 Am : Buy USDINR (JUN) SA 67.71 SL 67.60 Target 67.81 / 67.89 / 67.97
9.11 Am : Sell USDINR (JUN) SB 67.55 SL 67.66 Target 67.45 / 67.37 / 67.29
USDINR (JUN) : INTRADAY TREND : UP SL : 67.30
9.11 Am : Buy EURINR (JUN) SA 76.98 SL 76.87 Target 77.08 / 77.16 / 77.24
9.11 Am : Sell EURINR (JUN) SB 76.82 SL 76.93 Target 76.72 / 76.64 / 76.56
EURINR (JUN) : INTRADAY TREND : UP SL : 75.85
9.11 Am : Buy GBPINR JUN) SA 98.73 SL 98.62 Target 98.83 / 98.91 / 98.99
9.11 Am : Sell GBPINR JUN) SB 98.57 SL 98.68 Target 98.47 / 98.39 / 98.31
GBPINR JUN) : INTRADAY TREND : UP SL : 97.00
9.11 Am : Buy JPYINR (JUN) SA 64.74 SL 64.63 Target 64.84 / 64.92 / 65.00
9.11 Am : Sell JPYINR (JUN) SB 64.58 SL 64.69 Target 64.48 / 64.40 / 64.32
JPYINR (JUN) : INTRADAY TREND : UP SL : 64.30
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