Analysis of charts - discussion share ur views

[vishalalluri]

Alok textile showing some real buying interest recently
On daily weekly monthly charts the open have been higher than previous closes

looking for a break above 30 :annoyed:

 

[veluri1967]

Alok textile showing some real buying interest recently
On daily weekly monthly charts the open have been higher than previous closes

looking for a break above 30 :annoyed:

A good one. But it has tendencies for quick reversal. With a tight SL we can experiment it.

A look at fundamentals would help. A look at Shareholding pattern ie float stock would help to rule out any tricks of speculators. My only concern is there has been a lot of accumulation in the stock @ 18-22 levels. We should not end up buying into distribution.

Anyway, lets keep it in watch & act mode.

 

[seetharamank]

hi jaipuri

this post would would be helpful on pivot point

http://www.traderji.com/technical-a...s-discussion-share-ur-views-2.html#post359282

I had posted about pivot in earler threads

please refer this link this link is posted for education purpose only traderji admn kindly permit http://www.pivottrading.50webs.com/pivot/pivot/gann.html this link will give all calculators

 

[vishalalluri]

Hi shenoy

IMO

MRPL looks to test the level of 88 above which it will go further ahead the trend is up
Lets watch whats there for the scrips

If any corrections in the Trend lines correct me

 

[calmeshenoy]

yes n closed above pivot

 

[calmeshenoy]

vishal after todays closing ur view on NMDC,BGR,ALOK

 

[vishalalluri]

BGR intresting to watch next moves above the cloud would confirm a perfect Strong buy which would continue a 870 levels in Short Term

The volumes shows good action to come too

These are purely my personal views and perspective on the scripts.

Am Amateur Trader struggling (Not Exactly :annoyed to beat the markets

BGR COULD NOT CROSS THE CLOUD NOT A BUY IMO A CLOSE ABOVE THE ICHI CLOUD WOULD GIVE A BETTER/STRONGER BUY SIGNAL

FOR SHORT TERM THE TREND IS UP

 

[option fan]

nice thread and charts VISHAL... thanks

can u tell me how to use that ikomochu.. thing?

 

[vishalalluri]

nice thread and charts VISHAL... thanks

can u tell me how to use that ikomochu.. thing?

hi buddy

this thread should solve clear your queries on ichimoku

http://www.traderji.com/futures/30600-ichimoku-kinko-hyo-trading-system.html

excellent thread by linkon

:thumb:

 

[calmeshenoy]

vishal abt 3IINFO,EKC,ISPAT