Charts for the Day

[rangarajan]

anil trivedi,

If u have time, pl post one chart daily with yr analysis so that we can learn & trade intra if opportunity comes or take position.

Others can also add to yr analysis with reason if u have no objection.

 

[anil_s_trivedi]

anil trivedi,

If u have time, pl post one chart daily with yr analysis so that we can learn & trade intra if opportunity comes or take position.

Others can also add to yr analysis with reason if u have no objection.

Dear Rangarajan,

Actually the original motive of this thread was like on those lines only. A chart for the day...

Surely will try to post anything which i find suitable, not necessarily the trade idea but we can track certain stocks too, just for learning purpose of ours...

Regarding posting by others, this is open thread and everybody who feels who can have some good charts to post surely can go forward and post it...Sometimes big ideas come by sharing only.It doesnt matter what method you follow, as long as one abide by forum rules everyone can post here...

Lastly, a request...dont post buy/sell levels, say it like Resistance/Support or supply/demand zones...it will be understood in that context...its just to avoid problems with recent SEBI rulings...

 

[anil_s_trivedi]

Just dial:

A good volume on up bars in morning, although on fall from after 10:00 on 5mins volume diminishing...

For short term bottom catchers, few conditions are coming in...safe above 508-510...

Sustaining above 508-510 can augur for short term reversal here...

 

[rangarajan]

Just dial:

A good volume on up bars in morning, although on fall from after 10:00 on 5mins volume diminishing...

For short term bottom catchers, few conditions are coming in...safe above 508-510...

Sustaining above 508-510 can augur for short term reversal here...

anil Trivedi

I am Not optimistic.
O/Sold in one Hr & strong ADX for D/T, Suppt 479/459
Every pull back is shorting opportunity at Fib levels. ( 553.4/483)

 

[anil_s_trivedi]

Midcaps and smallcaps feeling the heat more in this fall...All overvalued fancy stocks are having bear run...

This is insane...Gullible retail traders trading this scrips are now started to feel the pain...

 

[Rish]

Midcaps and smallcaps feeling the heat more in this fall...All overvalued fancy stocks are having bear run...

This is insane...Gullible retail traders trading this scrips are now started to feel the pain...

They have to...Gambling always kills....

 

[amitrandive]

Midcaps and smallcaps feeling the heat more in this fall...All overvalued fancy stocks are having bear run...

This is insane...Gullible retail traders trading this scrips are now started to feel the pain...

Small and Midcaps mostly outperform Largecaps , but when they fall they fall with twice the speed with which they went up.

AnilJi can you please post your Indices charts historical to highlight this along with your observations?

 

[amitrandive]

BankNifty compared to PSU Banks, exactly opposite returns in 5 years

 

[anil_s_trivedi]

anil Trivedi

I am Not optimistic.
O/Sold in one Hr & strong ADX for D/T, Suppt 479/459
Every pull back is shorting opportunity at Fib levels. ( 553.4/483)

Dear Rangarajan,

I avoid bottom fishing...but why today only i commented on just dial is it have reason...If you observed carefully on price...today it got opened at 492, below yesterdays low of 493.5...

And in morning itself it captured previous day with good volumes, and also on fall it refused to trade below it...

In the end, it got a looks of your favourite 'Reversal bar'....today you had watched how it is getting formed...

But yes, we know taking bar signals in isolation is dangerous, but we are just studying what it got to comment by me at that time...

 

[anil_s_trivedi]

BankNifty compared to PSU Banks, exactly opposite returns in 5 years

PSU banks got stripped in this fall...this is what happened...Employees working in PSU banks take everything for granted...while on contrast in private banks they just torture employee to get business...

Opposite working style...