Charts for the Day

And because the images were uploaded using imageshack, the images does not exist anymore - probably got expired. As a new learner I am unable to see them for learning :(
Dear sajans,

Sorry for the images lost. but i had uploaded the pictures of 2012 and 2013 here. You need to read text from thread and need to refer pics there...


Replace ************** with 4 shared dot com...(remove spaces in between)
2012:

http://www.************/rar/w8SYx0pSba/2012.html


2013:

http://www.************/rar/CmZO4zDece/2013.html


Hope it helps...Rest i am trying to backup whole thread..but it takes time, hope you understand...
 
Dear anilji would you initiate an entry post bo or early in the anticipation. Just like auropharma where you entered before BO

Sent from my AO5510 using Tapatalk
Dear jain.er,

If i get a chance i would definitely go with lower band support mentioned...but looking at weekly chart, it staged a reversal on downside, so in this case will wait for upside levels to materialize...

Lower levels have Trendline support and 200SMA coming in there is a weekly reversal bar but volume is low even below avg and lesser than previous week...So its looking like a trap on lower side...lets see...
 
Last edited:

amitrandive

Well-Known Member
Dear sajans,

Sorry for the images lost. but i had uploaded the pictures of 2012 and 2013 here. You need to read text from thread and need to refer pics there...


Replace ************** with 4 shared dot com...(remove spaces in between)
2012:

http://www.************/rar/w8SYx0pSba/2012.html


2013:

http://www.************/rar/CmZO4zDece/2013.html


Hope it helps...Rest i am trying to backup whole thread..but it takes time, hope you understand...
Anilji

Have explained how to take backup of an entire thread with images here

http://www.traderji.com/tech-corner/99954-how-print-entire-thread-along-images.html#post1105727.

Hope you find it useful
 
Dear Raviji,

Sorry for late reply, was out for whole week on vacation...

Cadila is in downtrend, the climax bar is of December 2015. we traded almost in a 300-340 zone since then...A good climax bar occurs after a prolonged run...

Anyways, rallies in a consolidation are weak as of now...Stock more prone to test lower levels...Let see near to 290 zone, or will see near 325-330 zone, if strength in rally appears...


Anilji is my thought process correct, how do you see this chart in the hindsight?
What would have been your thoughts and entry process.




Dear jain.er,

The query of Cadila was raised by Raviji for climax action and whether bottoming is going on or not. While i was expecting stock to test 290-295 zone, but it turned away from 305 itself...This is market for us...

The rise from 305 gives us clues, above avg volumes on up bars and closely seen they overcame the resistance zone showed with good healthy volumes...So a pullback entry long if occurred on such setups need to be taken with open arms...As price structure telling us rise was strong one...

I had expected to see how rise materialize till 325-330 zone, for judging going long, while replying to raviji in same post...As we see nature of rise is strong one, it indeed one can take to go long...

Now, here comes risk management part of that trade. As price is below crucial 200 SMA one could have taken position not in full..But price clearing 50 SMA with volumes must have prompted to go full with small SL...