tag:blogger.com,1999:blog-5805343907780290813.post8540255033213358664..comments2023-04-01T19:16:35.159+05:30Comments on VFMDirect.in: Market outlookKamalesh P Langotehttp://www.blogger.com/profile/17624960461969779015noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-5805343907780290813.post-62743644532882747772016-10-29T17:52:44.395+05:302016-10-29T17:52:44.395+05:30thanks sirthanks sirArvind.Z.https://www.blogger.com/profile/00459517894497264618noreply@blogger.comtag:blogger.com,1999:blog-5805343907780290813.post-23916689999467625602016-10-29T16:48:40.458+05:302016-10-29T16:48:40.458+05:30Buy stocks making new highs, not new lows.Buy stocks making new highs, not new lows.Kamalesh P Langotehttps://www.blogger.com/profile/17624960461969779015noreply@blogger.comtag:blogger.com,1999:blog-5805343907780290813.post-39362706000375508482016-10-29T16:45:42.598+05:302016-10-29T16:45:42.598+05:30Sir, is it good time to buy IDEA as its touching l...Sir, is it good time to buy IDEA as its touching lower bollinger band in weekly chart. but my fear is that, walking the bollinger bands in lower band. Anonymoushttps://www.blogger.com/profile/01460128643993094926noreply@blogger.comtag:blogger.com,1999:blog-5805343907780290813.post-80547944676743642902016-10-29T16:28:08.714+05:302016-10-29T16:28:08.714+05:30There is no rising channel in PNBThere is no rising channel in PNBKamalesh P Langotehttps://www.blogger.com/profile/17624960461969779015noreply@blogger.comtag:blogger.com,1999:blog-5805343907780290813.post-44420061715558986332016-10-29T10:09:48.847+05:302016-10-29T10:09:48.847+05:30Respected Sir,
This is further to rising channel.P...Respected Sir,<br />This is further to rising channel.Please take daily chart of PNB bank as classic example of rising channel.Will you please elaborate.Does it support my above statement,.This is to clear my confusionArvind.Z.https://www.blogger.com/profile/00459517894497264618noreply@blogger.comtag:blogger.com,1999:blog-5805343907780290813.post-60921031874944067072016-10-27T11:53:30.114+05:302016-10-27T11:53:30.114+05:30Thank you sirThank you sirAnonymoushttps://www.blogger.com/profile/01460128643993094926noreply@blogger.comtag:blogger.com,1999:blog-5805343907780290813.post-80675334853931822752016-10-27T10:27:55.704+05:302016-10-27T10:27:55.704+05:30Thank you very much sir.
I was confusing myself wi...Thank you very much sir.<br />I was confusing myself with the rising channel in continuation of preceding up trend.Since this rising channel after an up trend is not corrective one .Or rather it is in continuation of up trend.it should be taken as bullish only /supportive only.<br />Hope I understood properly.<br />Thanks once again sirArvind.Z.https://www.blogger.com/profile/00459517894497264618noreply@blogger.comtag:blogger.com,1999:blog-5805343907780290813.post-18876001354004995382016-10-27T08:29:32.200+05:302016-10-27T08:29:32.200+05:30No. This is in context of previous trend.
Any co...No. This is in context of previous trend. <br /><br />Any corrective move is always slower as compared to current trend.<br /><br />So if trend is up, a corrective move (eg. falling channel) usually ends with more rally.<br /><br />Similarly, if trend is down, a corrective move (eg. rising channel) usually ends with more downsides.<br /><br />Here I am defining a corrective move as any move which is slower/ time consuming.Kamalesh P Langotehttps://www.blogger.com/profile/17624960461969779015noreply@blogger.comtag:blogger.com,1999:blog-5805343907780290813.post-13502481664970532972016-10-27T08:24:14.920+05:302016-10-27T08:24:14.920+05:30Assume short trade considered after 5-10 min of ma...Assume short trade considered after 5-10 min of market open... best entry level will be around 8650 F.<br /><br />Assume covering around 8610 F.<br /><br />Max profit 8650-8610 = 40 points.Kamalesh P Langotehttps://www.blogger.com/profile/17624960461969779015noreply@blogger.comtag:blogger.com,1999:blog-5805343907780290813.post-65988312443578311462016-10-27T08:21:19.634+05:302016-10-27T08:21:19.634+05:30Sir,I would like to know if instead of falling cha...Sir,I would like to know if instead of falling channel ,rising channel then should it be considered bearish?Please clear my confusion<br />ThanksArvind.Z.https://www.blogger.com/profile/00459517894497264618noreply@blogger.comtag:blogger.com,1999:blog-5805343907780290813.post-33655978651966282872016-10-27T08:18:15.933+05:302016-10-27T08:18:15.933+05:30"if considered, max profits would have been 3..."if considered, max profits would have been 35-40 points<br />- only positional traders would have got max profits."<br /> Sir ,will please elaborate this ?how 35 points would be max points as the difference between high N low is hardly 5 points.Arvind.Z.https://www.blogger.com/profile/00459517894497264618noreply@blogger.comtag:blogger.com,1999:blog-5805343907780290813.post-45973943388918242502016-10-27T08:17:58.539+05:302016-10-27T08:17:58.539+05:30No... the prior trend has to be up and a falling c...No... the prior trend has to be up and a falling channel (sloping downwards) shows healthy correction of the previous rally. When correction is over, the prior trend usually resumes.<br /><br />For any trend reversal, look for a fast/ big move in opposite direction.Kamalesh P Langotehttps://www.blogger.com/profile/17624960461969779015noreply@blogger.comtag:blogger.com,1999:blog-5805343907780290813.post-81708725315615250942016-10-27T00:09:20.501+05:302016-10-27T00:09:20.501+05:30Sir, is falling channel bullish irrespective of it...Sir, is falling channel bullish irrespective of it's preceding trend ?Anonymoushttps://www.blogger.com/profile/01460128643993094926noreply@blogger.comtag:blogger.com,1999:blog-5805343907780290813.post-4243277279534375672016-10-26T22:26:13.374+05:302016-10-26T22:26:13.374+05:30Falling channels are usually bullish.
I am bullis...Falling channels are usually bullish.<br /><br />I am bullish as long as 8500 holds.Kamalesh P Langotehttps://www.blogger.com/profile/17624960461969779015noreply@blogger.comtag:blogger.com,1999:blog-5805343907780290813.post-37184737906586760222016-10-26T22:25:36.900+05:302016-10-26T22:25:36.900+05:30Long term investors should follow the technicals o...Long term investors should follow the technicals of the specific stocks.<br /><br />Kamalesh P Langotehttps://www.blogger.com/profile/17624960461969779015noreply@blogger.comtag:blogger.com,1999:blog-5805343907780290813.post-67894974231869165132016-10-26T18:50:26.677+05:302016-10-26T18:50:26.677+05:30hi kpl,
nifty moves down with overlapping legs......hi kpl,<br /><br />nifty moves down with overlapping legs....interpretation bullish....<br /><br />give me your views plz<br /><br />https://www.tradingview.com/x/UMfR9yH3/rajamanihttps://www.facebook.com/Rajamani.goundernoreply@blogger.comtag:blogger.com,1999:blog-5805343907780290813.post-62252874501974380592016-10-26T17:26:36.848+05:302016-10-26T17:26:36.848+05:30so till the time the markets r in the falling chan...so till the time the markets r in the falling channel , it will be tough to trade on up or downside ,so long term traders should better wait for some more time to get clear direction ?Anonymoushttps://www.blogger.com/profile/18152859723102328125noreply@blogger.com