Technical Analysis : What is Bullish Mat Hold: Bullish Continuation Pattern?

What is Bullish Mat Hold: Bullish Continuation Pattern?
Bullish Mat Hold is a bullish continuation pattern. It is a variation of Rising Three Methods. The pattern comprises of 5 candles. The pattern is said to be potent when it appears in primary up trend. It is opposite of Bearish Mat Hold pattern.

In this pattern, first candle is a long white candle. Second candle gaps up, but closes lower. Third and fourth candles continue to retrace gains, but with less volume. Fifth candle is a large white candle, making a new high.

Technical Analysis : What is Bullish Harami: Bullish Reversal Pattern?

What is Bullish Harami: Bullish Reversal Pattern?
Bullish Harami is a bullish reversal pattern. It is characterized by a large black candle, followed by a small white candle. The white candle is contained completely within the previous black candle.

The pattern appears in a downtrend. A long black candle is seen, which is followed by a small white candle, which is completely engulfed by the previous day candle. Shadows need not be compulsorily engulfed, but real body should be.

The market is entering in an indecision or congestion phase post Bullish Harami.

Strategy: A confirmation on the third day in the form of a white candle, large gap up or a higher close makes sure that the downtrend has reversed. Long positions can be initiated post confirmation.

Technical Analysis : What is Bullish Harami Cross: Bullish Reversal Pattern?

What is Bullish Harami Cross: Bullish Reversal Pattern?
Bullish Harami Cross is a bullish reversal pattern. It appears in a downtrend. In this pattern, a long black candle appears, followed by a doji. This pattern is considered to be more significant than Bullish Harami Pattern.

In this pattern, on first day, a long black candle appears in a downtrend. Next day, it is followed by a doji, which is completely engulfed by the previous large black candle.

Strategy: Next day confirmation (though not required) in the form of white candle, large gap up or a higher close confirms the bottom and can be used to initiate long positions or liquidate short positions.

Technical Analysis : What is Bullish Engulfing: Bullish Reversal Pattern?

What is Bullish Engulfing: Bullish Reversal Pattern?
Bullish Engulfing is an important bottom reversal pattern. It appears after a downtrend. It's a two candlestick pattern. In this, a large white candle completely engulfs the preceding small black candle. Though it is not necessary for the white candle to engulf the shadows of the previous black candle, it should engulf the entire real body. It's an important bullish reversal signal. Heavy volume on second day of the pattern creates higher probability of trend reversal.

Strategy: Confirmation on the third day in the form of a white candle, large gap up or a higher close can be used to initiate long positions.

Technical Analysis : What is Bullish Belt Hold: Bullish Reversal Pattern?

What is Bullish Belt Hold: Bullish Reversal Pattern?
Bullish Belt Hold is a bullish reversal pattern, appearing in a downtrend. In this pattern, the day opens at its lowest level, but then stock begins to move up and closes near its high, but not necessarily at the highest point of the day. The candle is a White Opening Marubozu. It has a very small upper shadow but no lower shadow.

Strategy: A confirmation with either a white candle, large gap up or a higher close on the next day can be used to initiate long positions.

Technical Analysis : What is Breakaway Pattern: Bearish Reversal Pattern?

What is Breakaway Pattern: Bearish Reversal Pattern?
Breakaway Pattern is a bearish reversal pattern. It consists of 5 candles. In this pattern, the current trend is seen beginning to slow and then filling of the gap is seen. First candle in this formation is a long white candle, which closes near its high. Second candle is a white candle, which gaps up. Third and fourth candles continue in the direction of the current trend and have smaller bodies. Fifth candle is a long black candle, closing inside the gap between first and second candle.

A reversal is confirmed in the form of black candle or a large gap down on sixth day.

Strategy: Short positions can be taken once low of the fifth candle is broken.

Technical Analysis : What is Black Marubozu?

What is Black Marubozu?
Black Marubozu is a large black candle with no wicks on either end. This candle is considered to be very bearish. This pattern can lead to a continuation of current downtrend or start of a bullish reversal.

It is very critical to determine whether Black Marubozu is a continuation or reversal pattern, as the candle often occurs with high volume

Technical Analysis : What is Bearish Separating Line: Bearish Continuation Pattern?

What is Bearish Separating Line: Bearish Continuation Pattern?
Bearish Separating Line is a bearish continuation pattern. It is exactly opposite to Bullish Separating Line. In this pattern, first candle is a white one in a downtrend, followed by lower gap opening next day. Second day candle is a large black one, whose opening level is equal to previous day's opening level. It closes at lower levels.

Bearish separating lines should be traded during a strong downtrend. Traders should make sure that the two candlesticks in the formation are of a decent size. A short position can be taken after the close of the second candlestick.

Strategy: Short positions can be created post close of second candle. The two candles in this pattern should be of decent size.

Technical Analysis : What is Bearish Meeting Lines: Bearish Reversal Pattern?

What is Bearish Meeting Lines: Bearish Reversal Pattern?
Bearish Meeting Lines pattern is a bearish reversal pattern. It takes place in an uptrend. In this pattern, first candle is green, correlating the ongoing uptrend. Second candle opens at a new high, but closes at previous day's closing level.

Traders can initiate short positions only after the low of the first candle is exceeded. Stop loss can be placed above the high level of the second candle

Technical Analysis : What is Bearish Mat Hold: Bearish Continuation Pattern?

What is Bearish Mat Hold: Bearish Continuation Pattern?
Bearish Mat Hold pattern is a variation of the Falling Three Method. It is comprised of 5 candles.

In this pattern, first candle is a long black candlestick in a downtrend. Second day candle is a white one, which gaps down. Third and fourth day candles continue to retrace losses from the first candle, but with lower volume. Fifth candle is a large black candle, which makes a new low

Technical Analysis : What is Bearish Harami: Bearish Reversal Pattern?

What is Bearish Harami: Bearish Reversal Pattern?
Bearish Harami is a bearish reversal pattern. It is characterized by a large white candle, followed by a small black candle. The black candle is contained completely within the previous white candle.

The pattern appears in an uptrend. A long white candle is seen, which is followed by a small black candle, which is completely engulfed by the previous day candle. Shadows need not be compulsorily engulfed, but real body should be.

Strategy: A confirmation on the third day in the form of black candle, large gap down or a lower close makes sure that uptrend has reversed. Short positions can be initiated post confirmation.

Technical Analysis : What is Bearish Harami Cross: Bearish Reversal Pattern?

What is Bearish Harami Cross: Bearish Reversal Pattern?
Bearish Harami Cross is a bearish reversal pattern. It appears in an uptrend. In this pattern, a long white candle appears, followed by a doji. This pattern is considered to be more significant than Bearish Harami Pattern.

In this pattern, on first day, a long white candle appears in an uptrend. Next day, it is followed by a doji, which is completely engulfed by the previous large white candle.

Strategy: Next day confirmation (though not required) in the form of black candle, large gap down or a lower close confirms the top and can be used to initiate short positions or liquidate long positions.

Technical Analysis : What is Bearish Falling Three Method: Bearish Continuation Pattern?

What is Bearish Falling Three Method: Bearish Continuation Pattern?
It is a bearish continuation pattern. It is opposite of bullish rising three method pattern. The pattern occurs after a downtrend. A strong move down in the first candle is followed by two to four candles of bouncing action (ideally three). Once the bounce has completed, a strong red candle takes the stock below the lows of the first candle.

Some skills are essential to identify if a breakout (breakdown) is supported by more than a few traders while trading bearish falling three method in day trading.

Technical Analysis : What is Bearish Engulfing: Bearish Reversal Pattern?

What is Bearish Engulfing: Bearish Reversal Pattern?
Bearish Engulfing is one of the important bearish reversal patterns. It appears after an uptrend. It's a two candlestick pattern. In this, a large black candle completely engulfs the preceding small white candle. Though it is not necessary for the black candle to engulf the shadows of the previous white candle, it should engulf the entire real body. Heavy volume on second day of the pattern creates higher probability of trend reversal.

Strategy: Confirmation on the third day in the form of a black candle, large gap down or a lower close can be used to initiate short positions.

Technical Analysis : What is Bearish Belt Hold: Bearish Reversal Pattern?

What is Bearish Belt Hold: Bearish Reversal Pattern?
Bearish Belt Hold is a bearish reversal pattern, appearing in an uptrend. In this pattern, the day opens at its high level, but then price falls and closes near its low, not necessarily at the lows of the day. The candle is a Black Opening Marubozu. It has very small lower shadow but no upper shadow.

Strategy: A confirmation with either a black candle, large gap down or a lower close on the next day can be used to initiate short positions.

Technical Analysis : What is Advance Block: Bearish Reversal Pattern?

What is Advance Block: Bearish Reversal Pattern?
Advance Block is a bearish reversal pattern. This is similar to Bullish Three White Soldiers Pattern. It is characterized by three long white candles with consecutively higher closes. Each successive day is weaker than the one preceding it, which suggests that the rally is losing strength and there is possibility of a reversal in trend. This pattern appears after a clear uptrend. This pattern can be used by the traders as an early sign to lock in profits or move up the protective stop loss levels.

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Technical Analysis : What is Abandoned Baby Top: Bearish Reversal Pattern?

What is Abandoned Baby Top: Bearish Reversal Pattern?
Abandoned Baby Top is a bearish reversal pattern, which is composed of a doji star, gaping away (including its shadow) from the previous and following candles. This pattern is seen in an uptrend. On first day, a long white candle is seen. On second day, a doji appears, which gaps above the high of previous day candle. On third day, a black candle appears opening gap down. This pattern is similar to three bar reversal pattern.

Impact post Pattern: Declines after abandoned baby top comes in the market very fast, since the ones holding long positions will sell their positions to book profits.

Technical Analysis : What is Abandoned Baby Bottom: Bullish Reversal Pattern?

What is Abandoned Baby Bottom: Bullish Reversal Pattern?
Abandoned Baby Bottom is a bullish reversal pattern, which is composed of a doji star, gaping away (including its shadow) from the previous and following candles. This pattern is seen in a downtrend. On first day, a long black candle is seen. On second day, a doji appears, which gaps below the low of previous day candle. On third day, a white candle appears opening gap up. This pattern is similar to three bar reversal pattern.

Impact Post Pattern: Rally post this pattern will be fast as short sellers will be forced to cover fast.

Technical Analysis : What are Continuation and reversal patterns?

What are Continuation and reversal patterns?
Continuation patterns will help you upgrade your skills on how to identify continuation of bullish patterns and project the price targets. Reversal patterns will warn you of the bull markets exhausting their uptrend.

The continuation patterns are channels, flags and pennants, and trendlines. The reversal patterns are island reversal, moving average crossover, and head and shoulder formation.

SHAREWAY SECURITIES LIMITED: SME - IPO HIGHLIGHTS

SHAREWAY SECURITIES LIMITED: SME - IPO HIGHLIGHTS

SHAREWAY SECURITIES LIMITED

SME-IPO HIGHLIGHTS

Issue opens on: 24.Mar.2015 Issue closes on: 31.Mar.2015

Company Profile:

Shareway Securities Limited, an emerging Financial Services Company, was incorporated in the year 2008 with an intention to become a market leader in offering broking services on Equity, F&O and Currency derivatives segment. The company through its resourceful business setup initially focused on pro-trading and on managing the Group Company's investments, on successful fund management strategies the company synergized its efforts on business expansion and started focusing on providing customized services to the high-net worth investors and to the premium corporate clients. On achieving a prominent status in the industry the company extended its business operations in offering a valued retail broking services with superior trading platform and thus it holds a huge customer base that are loyal and delightful on their associateship with Shareway.

Shareway is a part of a business group in manufacturing, financial services, equipment manufacturing, etc., and has been in business since 1974. The Company is managed by the Chairman cum Managing Director, Mr. Murali Kabirdass and the Executive Director Mr. Krishnamoorthy who is veteran in the financial markets and have steered the growth of the Company. The business philosophy of Shareway is always customer oriented and the services are offered under total confidentiality and integrity with the sole purpose of maximizing returns to clients.

Credentials of Shareway!

• Experienced Research team
• Superior trading platform
• Huge customer base
• Equipped infra-structure
• Updated systems networking

Objects of the Issue:

	Particulars	Amount (Rs. Lacs)
1	Obtaining Membership of BSE Limited	100.00
2	Expanding our domestic operations and network of branches	100.00
3	Enhancement of margin money maintained with the exchanges	200.00
4	General corporate purposes	49.80
5	Public Issue Expenses	50.00
	Total	499.80

Financial Performance of Shareway:

Particulars	30.09.14	31.03.14	31.03.13	31.03.12	31.03.11	31.03.10
Income
Income from Operations	18.06	53.9	10.69	16.9	20.44	26.2
Other Income	0.34	10.03	11.89	2.3	9.9	2.12
Total Income	18.4	63.93	22.58	19.2	30.34	28.32
Expenditure
Cost of Goods Sold	0	0	0	0	0	0
Employee Benefit & Admin Expenses	5.72	10.43	2.51	51.59	27.05	31.64
Other Expenses	9.85	41.74	11.23	27.37	39.69	53.92
Total (B)	15.57	52.17	13.74	78.96	66.74	85.56
Profit Before Interest, Depreciation and Tax	2.83	11.76	8.84	-59.76	-36.4	-57.24
Depreciation	2.34	4.02	3.92	5.45	6.64	8.48
Profit Before Interest and Tax	0.49	7.74	4.92	-65.21	-43.04	-65.72
Financial Charges	0	0	0	0	0	0.02
Profit before Taxation	0.49	7.74	4.92	-65.21	-43.04	-65.7
Provision for Taxation	0	0	0	0	0	0
Provision for Deferred Tax	0.7	0.51	0.61	0.78	0.92	1.32
Total	0.7	0.51	0.61	0.78	0.92	1.32
Profit After Tax	0.21	8.25	4.31	-65.99	-43.95	-67.03
Net Worth	190	254	431	118	116	158
EPS (Rs.)	0	0.2	0.12	-3.59	-2.4	-3.66

Prospects of the Issue:

Equity Shares Offered: Fresh Issue of Equity Shares by our Company	Issue of 35,70,000 Equity Shares of Rs. 10 each at a price of Rs. 14 per Equity Share aggregating Rs.499.80 Lacs.
Of Which
Issue Reserved for the Market Makers	1,90,000 Equity Shares of Rs. 10/- each at a price of Rs. 14 per Equity Share aggregating Rs. 26.60 Lacs.
Net Issue to the Public	33,80,000 Equity Shares of Rs. 10 each at a price of Rs. 14 per Equity Share aggregating Rs. 473.20 Lacs.
Equity Shares outstanding prior to the Issue	60,00,000 Equity Shares of face value of Rs. 10 each.
Equity Shares outstanding after the Issue	95,70,000 Equity Shares of face value of Rs. 10 each.

Schedule for Issue Programme:

Issue opens on:	24.Mar.2015
Issue closes on:	31.Mar.2015