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Monday, June 27, 2016
Market Trading Education - Smart Trading Ideas - Share Market Training in Chennai
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What is Kicking pattern: Bullish Reversal, Bearish Reversal pattern?
What is Kicking pattern: Bullish Reversal, Bearish Reversal pattern?
Kicking pattern is a two-candle reversal pattern. On the chart, it seems as if price is kicking away the current trend, hence the name, Kicking.
Bullish kicking pattern is comprised of a black marubozu followed by a white marubozu. This pattern is seen when
a) a marubozu of white follows a marubozu of black, and
b) a gap between these marubozu
Strategy: In bullish kicking pattern, long positions can be entered into once high of the white marubozu is exceeded
Bearish kicking pattern is comprised of a white marubozu followed by a black marubozu. This pattern is seen when
a) a marubozu of black follows a marubozu of white, and
b) a gap between these marubozu
Strategy: In bearish kicking pattern, short positions can be entered into once low of black marubozu is exceeded.
Kicking pattern is a two-candle reversal pattern. On the chart, it seems as if price is kicking away the current trend, hence the name, Kicking.
Bullish kicking pattern is comprised of a black marubozu followed by a white marubozu. This pattern is seen when
a) a marubozu of white follows a marubozu of black, and
b) a gap between these marubozu
Strategy: In bullish kicking pattern, long positions can be entered into once high of the white marubozu is exceeded
Bearish kicking pattern is comprised of a white marubozu followed by a black marubozu. This pattern is seen when
a) a marubozu of black follows a marubozu of white, and
b) a gap between these marubozu
Strategy: In bearish kicking pattern, short positions can be entered into once low of black marubozu is exceeded.
What is Inverted Hammer: Bullish Reversal Pattern?
What is Inverted Hammer: Bullish Reversal Pattern?
Inverted Hammer is a bullish reversal pattern. This pattern is characterized by a long upper shadow and a small real body, appearing after a long black real body. It resembles with Bearish Shooting Star.
This pattern appears in a downtrend. In this pattern, a long black candle appears on first day. On second day, a small real body appears, which forms at the lower end of range. Second day's candle has upper shadow, which is at least twice as long as the real body and does not have lower shadow. Colour of the real body is not of much importance.
Strategy: A confirmation can be seen in the form of next day opening above hammer's body of a white candle with higher prices. Long positions can be initiated post confirmation.
This pattern appears in a downtrend. In this pattern, a long black candle appears on first day. On second day, a small real body appears, which forms at the lower end of range. Second day's candle has upper shadow, which is at least twice as long as the real body and does not have lower shadow. Colour of the real body is not of much importance.
Strategy: A confirmation can be seen in the form of next day opening above hammer's body of a white candle with higher prices. Long positions can be initiated post confirmation.
What is Homing Pigeon: Bullish Reversal Pattern?
What is Homing Pigeon: Bullish Reversal Pattern?
Homing Pigeon is a bullish reversal pattern. It comprises of two black candles. The pattern appears after a clear downtrend. First candle is a long black candle. Second candle is an inside bar, which is also a black candle. Second candle closes inside the body of the first candle.
This pattern is a sign that current trend may be losing steam.
Long positions can be entered into after the high of the first candle is exceeded. Stop loss can be placed below the low of the first candle.
Homing Pigeon is a bullish reversal pattern. It comprises of two black candles. The pattern appears after a clear downtrend. First candle is a long black candle. Second candle is an inside bar, which is also a black candle. Second candle closes inside the body of the first candle.
This pattern is a sign that current trend may be losing steam.
Long positions can be entered into after the high of the first candle is exceeded. Stop loss can be placed below the low of the first candle.
Free Dollar Indian Rupee Tips, 3rd Session: 28.Jun.2016
( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR )
11.00 Am : Buy USDINR (JUL) SA 68.26 SL 68.15 Target 68.36 / 68.44 / 68.52
11.00 Am : Sell USDINR (JUL) SB 68.10 SL 68.21 Target 68.00 / 67.92 / 67.84
USDINR (JUL) : INTRADAY TREND : DOWN SL : 68.30
11.00 Am : Buy EURINR (JUL) SA 75.48 SL 75.37 Target 75.58 / 75.66 / 75.74
11.00 Am : Sell EURINR (JUL) SB 75.32 SL 75.43 Target 75.22 / 75.14 / 75.06
EURINR (JUL) : INTRADAY TREND : DOWN SL : 75.50
11.00 Am : Buy GBPINR JUL) SA 91.08 SL 90.97 Target 91.18 / 91.26 / 91.34
11.00 Am : Sell GBPINR JUL) SB 90.92 SL 91.03 Target 90.82 / 90.74 / 90.66
GBPINR JUL) : INTRADAY TREND : DOWN SL : 91.10
11.00 Am : Buy JPYINR (JUL) SA 66.88 SL 66.77 Target 66.98 / 67.06 / 67.14
11.00 Am : Sell JPYINR (JUL) SB 66.72 SL 66.83 Target 66.62 / 66.54 / 66.46
JPYINR (JUL) : INTRADAY TREND : DOWN SL : 66.95
Currency Coin Tips , 2nd Session: 28.Jun.2016
( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR )
10.11 Am : Buy USDINR (JUL) SA 68.26 SL 68.15 Target 68.36 / 68.44 / 68.52
10.11 Am : Sell USDINR (JUL) SB 68.10 SL 68.21 Target 68.00 / 67.92 / 67.84
USDINR (JUL) : INTRADAY TREND : DOWN SL : 68.40
10.11 Am : Buy EURINR (JUL) SA 75.50 SL 75.39 Target 75.60 / 75.68 / 75.76
10.11 Am : Sell EURINR (JUL) SB 75.34 SL 75.45 Target 75.24 / 75.16 / 75.08
EURINR (JUL) : INTRADAY TREND : DOWN SL : 75.50
10.11 Am : Buy GBPINR JUL) SA 90.91 SL 90.80 Target 91.01 / 91.09 / 91.17
10.11 Am : Sell GBPINR JUL) SB 90.75 SL 90.86 Target 90.65 / 90.57 / 90.49
GBPINR JUL) : INTRADAY TREND : DOWN SL : 91.20
10.11 Am : Buy JPYINR (JUL) SA 66.92 SL 66.81 Target 67.02 / 67.10 / 67.18
10.11 Am : Sell JPYINR (JUL) SB 66.76 SL 66.87 Target 66.66 / 66.58 / 66.50
JPYINR (JUL) : INTRADAY TREND : DOWN SL : 67.00
Free Gbpinr Intraday Calls, 1st Session: 28.Jun.2016
( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR )
9.09 Am : Buy USDINR (JUL) SA 68.21 SL 68.10 Target 68.31 / 68.39 / 68.47
9.09 Am : Sell USDINR (JUL) SB 68.05 SL 68.16 Target 67.95 / 67.87 / 67.79
USDINR (JUL) : INTRADAY TREND : DOWN SL : 68.45
9.09 Am : Buy EURINR (JUL) SA 75.43 SL 75.32 Target 75.53 / 75.61 / 75.69
9.09 Am : Sell EURINR (JUL) SB 75.27 SL 75.38 Target 75.17 / 75.09 / 75.01
EURINR (JUL) : INTRADAY TREND : DOWN SL : 75.50
9.09 Am : Buy GBPINR JUL) SA 90.98 SL 90.87 Target 91.08 / 91.16 / 91.24
9.09 Am : Sell GBPINR JUL) SB 90.82 SL 90.93 Target 90.72 / 90.64 / 90.56
GBPINR JUL) : INTRADAY TREND : DOWN SL : 91.50
9.09 Am : Buy JPYINR (JUL) SA 66.80 SL 66.69 Target 66.90 / 66.98 / 67.06
9.09 Am : Sell JPYINR (JUL) SB 66.64 SL 66.75 Target 66.54 / 66.46 / 66.38
JPYINR (JUL) : INTRADAY TREND : DOWN SL : 67.10
28.Jun.2016 - NSE CURRENCY INTRADAY PIVOT LEVELS
EURINR ( 27-Jul-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 75.11 / 74.95 / 74.68 . And the upperside, it has Strong Resistance @ 75.38 upperside, it may test Resistance Levels such as 75.54 / 75.81 / 75.97 . Currently EURINR is Trading @ 75.28
GBPINR ( 27-Jul-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 89.81 / 89.20 / 88.08 . And the upperside, it has Strong Resistance @ 90.92 upperside, it may test Resistance Levels such as 91.53 / 92.65 / 93.25 . Currently GBPINR is Trading @ 90.41
JPYINR ( 27-Jul-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 67.71 / 68.23 / 68.71 . And the lower side , it has Strong Support @ 67.23 downside, it may tank to near support Levels such as 66.71 / 66.23 / 65.71 . Currently JPYINR is Trading @ 67.19
28.Jun.2016 - NSE BOND FUTURES TIPS
( Paper Trading Practice for Currency Segment Interest Rate Futures (IRF) Bond Futures)
REGISTER FOR FREE INTEREST RATE FUTURES - WHATSAPP NO : +91- 9841986753
8:00 AM : Buy 772GS2025 (JUN) SA 100.69 SL 100.58 Target 100.79 / 100.87 / 100.95
8:00 AM : Sell 772GS2025 (JUN) SB 100.53 SL 100.64 Target 100.43 / 100.35 / 100.27
8:00 AM : Buy 759GS2026 (JUN) SA 100.93 SL 100.82 Target 101.03 / 101.11 / 101.19
8:00 AM : Sell 759GS2026 (JUN) SB 100.77 SL 100.88 Target 100.67 / 100.59 / 100.51
8:00 AM : Buy 759GS2029 (JUN) SA 99.28 SL 99.17 Target 99.38 / 99.46 / 99.54
8:00 AM : Sell 759GS2029 (JUN) SB 99.12 SL 99.23 Target 99.02 / 98.94 / 98.86
8:00 AM : Buy 788GS2030 (JUN) SA 101.54 SL 101.43 Target 101.64 / 101.72 / 101.80
8:00 AM : Sell 788GS2030 (JUN) SB 101.38 SL 101.49 Target 101.28 / 101.20 / 101.12
