vanathi
Long

DivisLab - Bullish Flag pattern!

NSE:DIVISLAB   DIVI'S LABORATORIE
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13
After getting support at 670 Divislab is bouncing back with full strength. Volume candles show the accumulation. Buy above 716 with the stoploss 711. Targets are 727 and 748.
Order cancelled
Comment: Close above the line is entry. My targets reached.
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please post more about volume,i am waiting for your next post
Reply
AbhishekHiremath dr_professor_nifty
@dr_professor_nifty, looks like you have some major personal vendetta against vanathi..when someone says enter above 716,it means enter when it closes above that level.
Reply
dr_professor_nifty AbhishekHiremath
@AbhishekHiremath, and sl 711 means close at 708
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dr_professor_nifty dr_professor_nifty
@dr_professor_nifty, here nothing is personal all are about trading
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Remember when big players enter they always maintain price level not to rise , this is also a example of Big Players , See the Quantity in volume which is not possible by any one of us except Intuitional Investors as long as 1st Elephant Candlestick Close is not breached its Safe to enter 27.01.2017 Morning 9.30 Candlestick , Your stop can be 695 +- 1 there is no issue , You can buy and hold it till your 1st target
Good work
Shivakumar
Reply
vanathi shiv2798
@shiv2798, Today's first candlestick is to kick out the traders. First big volume candle investors came in. 2nd high volume candle bigplayers came in. We will watch how price action moves.
+1 Reply
shiv2798 vanathi
@vanathi, Check the day Candle its been Range Bond form 27.12.2016 , the investors are piling up form Jan so its latterly impossible to play inter day or Positional by small players
Small players are more fearful of losing money so they take exit for such range bond and enter only to buy form Large investor after the price is way above high
Bad fact but its true
Shivakumar
Reply
vanathi shiv2798
@shiv2798, I agree...
+1 Reply
I KNOW VOLUME CANDLE SHOWS ACCUMULATION AND DISTRIBUTION BOTH
Reply
vanathi dr_professor_nifty
@dr_professor_nifty, Big candle with high volume(27th Jan) shows investors entered. Today's high volume candle(30th Jan) confirms it. Wait and watch! Price will move upside...
+1 Reply
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