Charts for the Day

[amitrandive]

Dear Anil Bhai,
I have found a simple method from eod chart that locates rise/falls of the stocks/indices with pin point accuracy of the very candle.The problem is of right interpretation,I have already posted it with charts on "day trading futures thread -page no 308 "for study of members,I request you to have a look at it and guide for right interpretation,giving the link below,
http://www.traderji.com/futures/91950-day-trading-futures-308.html#post944737

http://www.traderji.com/futures/91950-day-trading-futures-333.html#post945765

 

[niftyoption]

TATA STEEL EOD 14-3-2014

 

[niftyoption]

TATA MOTOR EOD 14-3-2014

 

[a1b1trader]

TATA STEEL EOD 14-3-2014

Hi niftyoption

My suggestion would be
Do not read too much out of these patterns, unless supported by other factors.
Particularly patterns like Bearish or Bullish Engulfing one.
These two are very common patterns.

BTW
There is no bearish engulfing pattern in the chart, as indicated by you.

 

[a1b1trader]

TATA MOTOR EOD 14-3-2014

I do not understand what you want to indicate in TaMo chart

Tamo is moving in a falling channel since last few days.
But being on the UTL, may have a break out this time.

What, some one saying, it had false BO on the previous occasions also.
Yes, may happen this time too.

But not likely this time
As there is a falling wedge break out also.

 

[niftyoption]

My suggestion would be
Do not read too much out of these patterns, unless supported by other factors.
Particularly patterns like Bearish or Bullish Engulfing one.
These two are very common patterns.
BTW
There is no bearish engulfing pattern in the chart, as indicated by you.[/QUOTE]
------------------------------------------------------------------
Dear a1b1trader ,

My intention is very clear in my chart " Bearish Engulfing " in the top of the chart you will find that ....

and also i am telling about " Blending Candles "
If it is useful to any trader please use it other wise ignore it ......

 

[niftyoption]

I do not understand what you want to indicate in TaMo chart

Tamo is moving in a falling channel since last few days.
But being on the UTL, may have a break out this time.

What, some one saying, it had false BO on the previous occasions also.
Yes, may happen this time too.

But not likely this time
As there is a falling wedge break out also.

---------------------------------------------------------

Dear a1b1trader,

In that post my intention is " GAP " acts as a support

Dear all trader I am not a call seller or AFL seller
i will not get return " NOTHING " from these posts.....
I think i am a low knowledge person to post .....

I think Good knowledge persons are there in this TJ ....so people like
"a1b1trader " persons are diserving members...

in future i will confine to my trading notes in members discussion form only
i am a full time trader , i will consontrate on my trades .....
thank you all members of TJ
" Sorry " for distrubbing you with all my posts previously......

please ignore my previous posts ......

ALL THE BEST TJ MEMBERS
THANK YOU a1b1trader

 

[a1b1trader]

Hi NO

Will answer to your posts in the evening

One more suggestion

Do not clutter the thread of Anil Bhai with unnecessary technicals :annoyed:
It will be better if you just open a new thread and add whatever you want to add.

 

[anil_s_trivedi]

hi,

Joined market today only, was out on Holiday with family since past week.

Happy Trading...

 

[NANDAMAD]

hi,

Joined market today only, was out on Holiday with family since past week.

Happy Trading...

we missed you sir