tag:blogger.com,1999:blog-5805343907780290813.post3254897839726313454..comments2023-04-01T19:16:35.159+05:30Comments on VFMDirect.in: Market outlookKamalesh P Langotehttp://www.blogger.com/profile/17624960461969779015noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5805343907780290813.post-20816362891349976062016-11-03T18:06:18.436+05:302016-11-03T18:06:18.436+05:30Thanks sir.I agree with you.Ultimately what pricin...Thanks sir.I agree with you.Ultimately what pricing structure wants to tell you is most important.My concept is getting clearer.Arvind.Z.https://www.blogger.com/profile/00459517894497264618noreply@blogger.comtag:blogger.com,1999:blog-5805343907780290813.post-42827923599456879382016-11-02T17:10:32.643+05:302016-11-02T17:10:32.643+05:30Not necessary.
I prefer to go by price action an...Not necessary. <br /><br />I prefer to go by price action and see what the market is trying to tell. <br /><br />We have a support at neckline but the buying which happens fizzles out soon.Kamalesh P Langotehttps://www.blogger.com/profile/17624960461969779015noreply@blogger.comtag:blogger.com,1999:blog-5805343907780290813.post-69526004677928381272016-11-02T12:06:32.410+05:302016-11-02T12:06:32.410+05:30Sir .Thanks.Probably I could not explain you prope...Sir .Thanks.Probably I could not explain you properly.Pl forget about INVERTED.I wanted say that each shoulder will have only one peak .But here there are series of shoulders at both ends.Is that ok for a standard H&S pattern?Hope you understood me what I want to convey.Arvind.Z.https://www.blogger.com/profile/00459517894497264618noreply@blogger.comtag:blogger.com,1999:blog-5805343907780290813.post-64960558140967201872016-11-02T08:17:19.461+05:302016-11-02T08:17:19.461+05:30There is this normal H&S which happens at the ...There is this normal H&S which happens at the end of an uptrend. The inverted H&S happens towards the end of a downtrend.<br /><br />Refer http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:head_and_shoulders_top_reversal<br />and <br />http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:head_and_shoulders_bottom_reversalKamalesh P Langotehttps://www.blogger.com/profile/17624960461969779015noreply@blogger.comtag:blogger.com,1999:blog-5805343907780290813.post-17182955138358942332016-11-02T07:58:17.852+05:302016-11-02T07:58:17.852+05:30Sir.Happy new year to you.
Regarding H&s patte...Sir.Happy new year to you.<br />Regarding H&s pattern,I need you to clear my confusion.Normally I was believing that the the shoulders are nomaly in Inverted V shape.But here it is not so.I mean its series of inverted vvAvv(PL take v as inverted)if we see 8500 as neck line.What is is your opinion about this type of H&S pattern is in line with the H&S concept?<br />Arvind.Z.https://www.blogger.com/profile/00459517894497264618noreply@blogger.com