Analysis of charts - discussion share ur views

[vishalalluri]

hi everyune

was just was going through chart of tata motors and tried putting a target fot tata motors kya rang layegi :clapping:

578 for tata lets see before 21st september:annoyed:

 

[vishalalluri]

ANOTHER CHART SHOWING gmma ichimoku adx rsi

 

[vishalalluri]

somebody please analyse the chart of IFCI too...........

hi stock bond

im not any great analyst but just a novice who finds technical analysis a important tool in trading decisons .
my views may or may not be correct but i would like to share watever i can
ifci is one of favourite stocks among daytraders cos of its volatility ,its a volume driven stock i guess .and it moves a lot with nifty

looking at the charts it looks good enough
but if thers a correction in nifty this week it would go back to its 50 levels which forms a support .i see it to be reaching 64 65 levels in coming days if market continues its strength above 4800 .4800 is acting as an equlibrium right now and one has to check nifty breaks it. right now markets are directionless thers a fear of caution among investors and the next 3 4 trading session might see some correction lets see what the market has to do this week
i ll try putting a chart of ifci in the nite.

 

[veluri1967]

Dear Vishal,
What Technical Software u are using? Charts are really dazzling. I am amazed to see very brand new indicators I have never seen before.
Kindly let me know.
Thanks
veluri1967

 

[vishalalluri]

Dear Vishal,
What Technical Software u are using? Charts are really dazzling. I am amazed to see very brand new indicators I have never seen before.
Kindly let me know.
Thanks
veluri1967

hi veluri

im using chart nexus for which i have given the link to download from

its a free software but u cant do charting with real time it has multiple indicators and some drawing tools

if any problem in updating the historical data letme kno

hope to see some good analysis from u

http://www.traderji.com/technical-a...rts-discussion-share-ur-views.html#post359122

happy charting

 

[vishalalluri]

somebody please analyse the chart of IFCI too...........

hi stock bond

im attching the chart of ifci .

this is my personal analysis and just hope to see positive side of ifci
technicals show medium levels bullishnes in the scrip as the rsi is hovering around (70 overbought ) levels as theres no sign of a steep downfall in rsi levels

gmma also shows a bullish signal

would be glad if this could be of any help to u

 

[vishalalluri]

Dear Vishal,
What Technical Software u are using? Charts are really dazzling. I am amazed to see very brand new indicators I have never seen before.
Kindly let me know.
Thanks
veluri1967

ooopppps

i sent u the link for the software data extractor

here is the link for chart nexus

http://www.traderji.com/technical-a...s-discussion-share-ur-views-2.html#post359420

 

[Sunny1]

Hi vishal,
I want ask how do you draw that linear regression .I mean what points have to join

and whats your take on tata steel

 

[vishalalluri]

Hi vishal,
I want ask how do you draw that linear regression .I mean what points have to join

and whats your take on tata steel

hi sunny


i am using chart nexus software in which i have it as a tool

for starting point of the line i dun use any particular point but u can choose one point where a trend reversal has occured and u plot it from there it automatically fits to the best price trend

i dont kno the detailed depth on linear lines he he

for example what i do is i have shown in the chart attached if it could make some sense to u

the linear regression centre line shows the trend

Linear Regression Channel Buy Signal
When price falls below the lower channel line, a buy signal is usually triggered

Linear Regression Channel Sell Signal
An opportunity for selling occurs when prices break above the upper channel line.

PLEASE NOTEE :

other technical indicators should be used to confirm LIKE I HAVE SEEN AT THE MOMENT WHERE THE BREAK WAS ON THE UPPER CHANNEL ABOVE POINTT B IT SHOULD BE A SELL SIGNAL BUT THE GMMA WAS LOOKING STRONG WITH JUST A UP CROSSOVER AND RSI WAS ALSO JUST HOVERING AROUND 70 LEVELS SO only a upper or lower channel break out is not decisive but other indicators have to be used

sunny this is my own personal view and analysis what i try to figure out from keeping on looking at the charts im iam wrong anywhere and u see any correction share ur views

tata motors looks strong and might go to 520 530 levesl

hope u got a glimpse of this now letme know what u think about this

 

[Sunny1]

Hi Vishal, thanks a lot on your views.
this is what I was looking for "own personal views" which helps to view same chart with different angle:thumb: