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Wednesday, 19 April 2017

Players - Yeshwanth TA and Sakir FA


7 comments:

  1. Yeshwanth19 April 2017 at 07:42

    How to identify if the script is operator played?

    ReplyDelete
  2. Unknown19 April 2017 at 08:57

    Good Question.. According to my view a dramatically upward & downward movements generally happens. We got confused like sometimes when met is on - very side then scrip is upside & vice versa. Second, the price vs performance mismatch. Third, where the largest holders (big bulls) can buy or dump the stock at their will & move prices with no consideration to the fundamentals. Fourth, promoters along with the operators crash stock to fulfill hidden agendas of either offloading their stake in the open market at a higher price or crashing them to purchase more share & benefit in the long run. This is where the lot of unexpected stuffs happens.This action of operators can move stocks like crazy.

    Hope this helps :)

    ReplyDelete
    Replies
    1. Yeshwanth19 April 2017 at 09:22

      Yes bro, that helped

      Delete
    2. balesh19 April 2017 at 17:58

      You may see in certain scripts, price has risen to certain level without any major change in fundamentals such as profit margin, order receiving, sales figure or any kind of positive things.
      It was trading at 30 Rs, suddenly moves to 100.3rs to Rs 30.

      Its nothing but an operators game. He's making money both ways. During the time of rise n during the time of fall. Recent examples is of Kushal Trading. Straight way up n now straight fall.

      Delete
  3. Unknown19 April 2017 at 09:00

    Now my Technical question is :
    What is the difference between Diagonal & Triangle in Elliot wave principle?

    ReplyDelete
  4. Unknown19 April 2017 at 20:46

    Exactly Balesh sir & Good example of Kushal tradelink purely operator based scrip..

    ReplyDelete
  5. Yeshwanth20 April 2017 at 03:12

    Elliot Wave:
    Elliott Wave theory is among the most accepted and widely used forms of technical analysis. It describes the natural rhythm of crowd psychology in the market.
    There is two trends in Elliot wave the impulsive and corrective, the impulsive shows the upside and corrective shows the downside.The Wave Principle classifies price action as either motive or corrective. Motive waves move in the direction of the trend and include impulse waves and diagonals.
    Impulse waves move in the direction of the larger degree wave. When the larger degree wave is up, advancing waves are impulsive and declining waves are corrective. When the larger degree wave is down, impulse waves are down and corrective waves are up. Impulse waves, also called motive waves, move with the bigger trend or larger degree wave. Corrective waves move against the larger degree wave.


    Now for your query:
    Diagonal & Triangle Elliot
    - Leading Diagonal Triangle: When diagonal triangles occur in the fifth or C wave position, they take the 3-3-3-3-3 shape that Elliott described. However, it has recently come to light that a variation on this pattern occasionally appears in the first wave position of impulses and in the A wave position of zigzags. The characteristic overlapping of waves one and four and the convergence of boundary lines into a wedge shape remain as in the ending diagonal triangle. However, the subdivisions are different, tracing out a 5-3-5, or 5-3-5-3-5 pattern. The structure of this formation (see Figure 10) does fit the spirit of the Wave Principle in that the five-wave subdivisions in the direction of the larger trend communicate a "continuation" message as opposed to the "termination" implication of the three-wave subdivisions in the ending diagonal.
    - Ending Diagonal Triangle: An ending diagonal is a special type of wave that occurs primarily in the fifth wave position at times when the preceding move has gone "too far too fast," as Elliott put it. A very small percentage of ending diagonals appear in the C wave position of A-B- C formations. In double or triple threes (see next section), they appear only as the final "C" wave. In all cases, they are found at the termination points of larger patterns, indicating exhaustion of the larger movement.

    Source:
    1. http://stockcharts.com/school/doku.php?id=chart_school:market_analysis:identifying_elliott_wave_patterns
    2. http://www.elliottwave.net/educational/basictenets/basics2.htm

    ReplyDelete

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