Category Trading Technique

VOLTAS LTD. – WEEKLY I do not how many of us will trade this type of pattern on WEEKLY BASIS because in this case we have to wait month & month to reach our target. But if we talk about…

CUP & HANDLE – VIP INDUSTTIES – DAILY VIP formed a long CUP & HANDLE pattern and breaks the neckline of cup. It has been acknowledge longer the cup base higher the chance of return. Since this is a long…

AMBUJA CEMENT – HEAD & SHOULDER PATTERN – DAILY Chart is showing head & shoulder pattern in Ambuja cement. Neckline is formed around 173 level and height of head from neckline is 22 points. It gave us signal that once…

TATACHEMICALS – CUP & HANDLE A long accumulation can be seen in tata chemicals from Aug’13 to Oct’13 and it was making a rounding bottom formation which is also a bullish signal. The cup neckline is around 285-286 level and…

SYNDICATE BANK – CUP & HANDLE PATTERN – DAILY Even though this stock formed a cup & handle formation but I am not convinced with the target. Height of CUP is around 18 points and it gave a 12-13 point…

AMBUJA CEMENT – DOUBLE BOTTOM – DAILY CHART It is a pretty good example of double bottom formation. Double bottom formed around 170 level and neckline formed at 181 level i.e. 11 point height. So there is high probability that…

SSLT – DOUBLE TOP ON DAILY CHART A case of double top formed in SSLT. It gave 10-12 point in this pattern after breaking the neckline. Even though, I am not convinced in this case because it has not achieved…

BPCL – DAILY CHART (DOUBLE BOTTOM PATTERN) In this case double bottom formed at 256 level and neckline is formed at 312 level. But breakout happened on circled candle (see the volume which is more than 5-6 times then normal…