Tuesday, October 28, 2014

will tristar work this time ?

will tristar work this time ?


DEFINITION OF ‘TRI-STAR’


A type of candlestick pattern that signals a reversal in the current trend. This pattern is formed when three consecutive doji candlesticks appear at the end of a prolonged trend.


The chart below illustrates a bearish tri-star pattern at the top of the uptrend and is used to mark the beginning of a shift in momentum.


Tri-Star


INVESTOPEDIA EXPLAINS ‘TRI-STAR’


A single Doji candlestick is an infrequent occurrence that is used by traders to suggest market indecision. Having a series of three consecutive doji candles is extremely rare, but when it is discovered, the severe market indecision generally leads to a sharp reversal of the given trend. The “three stars” pattern can also be used to signal the reversal of downward momentum when the pattern is formed at the end of a prolonged downtrend.


source  http://www.investopedia.com/terms/t/tri-star.asp


Relcapital short gained 10000/- per lot


traded at 454.40 call was 27 Oct 14, 09:42 AM [×] [o] admin: sell rcap f at 462.90 and above sl sl 469.60 tgt 457 452 gain 10000/- per lot http://prntscr.com/50c9o0 


pe 8000 taded at 39 calls were


1. kailash123p@yahoo.co.in (10/27/2014 9:17:55 AM): buy 8000 pe at 25 26 sl 20.45 tgt 29 33


2.. kailash123p@yahoo.co.in (10/27/2014 10:28:04 AM): buy 8000 pe at 25 26 sl 20.30 tgt 27 29 and above


3. kailash123p@yahoo.co.in (10/27/2014 11:33:00 AM): nifty 8000 pe tgt 33 39 49 sl 23 http://prntscr.com/50byo7 


nat gas traded at 221 bang on tgt 1 gained 2000/- per lot call was 27 Oct 14, 08:13 PM [×] [o] admin: BUY nat gas at and above 219.20 sl 218.20 target 221 223 trading at 218.50 http://prntscr.com/50auka 


4975 traded crude traded above 4500/- rs gain call was 27 Oct 14, 07:40 PM [×] [o] admin: BUY crude at and above 4932 sl 4909 tgt 4958 4998 trading at 4918 http://prntscr.com/50a2em 


mai bhi bade tgt rakh deta hoon jo aate hi nahin see call 27 Oct 14, 10:22 AM [×] [o] admin: sell icici bank f at 1584 and above sl 1602 tgt 1564 >>>1452 trading at 1584 gained 3000/- per lot traded below 1573 and above 1588 after sell call http://prntscr.com/507yxd 


bata traded at 1232 gained 28 points call was 27 Oct 14, 10:24 AM [×] [o] admin: we are seeing weakness in bata below 1260 so SELL on rise in bata till it is trading below 1260 keep sl at 1267 http://prntscr.com/507mji 


auro ph f traded below 940 well below tgt 1 call was 27 Oct 14, 09:46 AM [×] [o] admin: sell auro ph f at 955 sl 966 tgt 945 >>> 921 gained 6500/- to 10000/- per lot http://prntscr.com/507d60 


Sell on rise at 8020 35 keeping sl above 8042 ( max above 0.2 % ) ….30 min sgx nf chart ema 10 green ema 30 red

uptrending channel broken yesterday bears won’t allow re entry in upper channel it seems

got support at 23.6 % fib retracement lavel yesterday … today it may break either at open or during market hours and NF may trade at 7950 60 level below that 38.2 % retracement passing thru 7930 40 so we can expect today’s range between 7930 to 8020 expect expiry around 7900 or below ..

3 sessions aur hain …http://prntscr.com/50hkq8 have a gr8 day


27 Oct 14, 08:08 PM

[×] [o] admin: ng sl triggered loss max 2000 rs per lot


27 Oct 14, 06:24 PM

[×] [o] admin: crude sl triggered 2000/- per lot or more loss booked ..pls update ur losses


expect target of nf at or below 7200 in a month or 2 as we are seeing tristar  which is not proper but if we consider only closing prices it is perfect tristar reversal pattern and and it can give 50 to 100 % retracement or more   http://prntscr.com/50hzfc


NIFTY_Daily_27-10-2014




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will tristar work this time ?

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