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praveen.bhatiya praveen.bhatiya GRANULES, D, Long ,
GRANULES: Long : Ascending Scallop Breakout
119 3 4
GRANULES, D Long
Long : Ascending Scallop Breakout

The stock has formed a beautiful Ascending Scallops pattern and closed above the pattern High yesterday thus triggered the buy signal. The patterns is very reliable so one can take advantage of it. One can expect the target of above 145. Theoretically one should provide the stop loss below 124 on closing basis however I would trade it with Stop loss of 127. One ...

praveen.bhatiya praveen.bhatiya BAJFINANCE, D, Long ,
BAJFINANCE: Bajaj Hindustan Long : Ascending Scallops
98 1 8
BAJFINANCE, D Long
Bajaj Hindustan Long : Ascending Scallops

The stock has formed a beautiful Ascending Scallops pattern and closed above the pattern High on 16.02.17 thus initiated the buy signal. The patterns is very reliable so one can take advantage of it. The target would be around 1200. Theoretically one should provide the stop loss below 1040 on closing basis so one can enter now or on dips or modify the Stop Loss, ...

praveen.bhatiya praveen.bhatiya GODREJIND, D, Long ,
GODREJIND: Ascending and Inverted Scallop !
75 1 6
GODREJIND, D Long
Ascending and Inverted Scallop !

I've observed a trade able Ascending and Inverted Scallop pattern in the stock. Trading rules say that one can enter long when it closes above the high of the pattern which is today with the stop loss the Low made during the pattern. Applying the rules : stop loss 395 and target 465 which gives risk to reward only 1 so I am avoiding the entry and keeping it for ...

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