Come into my trading room

klo

New Member
#53
plz upolad bse eod data from 1984 & nse data from 1994 in r a p i d s h a r e . c o m and send me the r a p i d s h a r e link.I will download it from there.By the way what is ur email id?
 

rajendrani

Well-Known Member
#58
Thank u sir.My contribution is no match for what you have contributed for the forum by the thread"Trading as a part time profession.":)
No Sir please, we all are friends here, and the way you are showing the chart patterns is really good, try to put some analysis with that and the next day we can see if that really happened or no, so that it will be really helpful for all of us.

Thanks and regards,
rajendrani
 
#59
No Sir please, we all are friends here, and the way you are showing the chart patterns is really good, try to put some analysis with that and the next day we can see if that really happened or no, so that it will be really helpful for all of us.

Thanks and regards,
rajendrani
Definitely i will be updating my thread as and when necessary.You can call me Raja,I am 22 :)

Nifty chart today.
http://img25.imageshack.us/img25/4964/gggyq8.png
 
Last edited:
#60
Nifty has been consolidating for the past few months searching for direction.Now from the indications given by dow and Asian markets it is seems that it is more likely to breakdown from the consolidation pattern.
NIfty has been making Lower highs and higher lows for the past 4 months, which call a symmetricaltriangle in chart analysis.If this triangle breaks then we are likely to break the october lows.The minimum target for this pattern is around 1700 to 1600 levels.
Only if nifty closes below 2600 mark we can call it the break of the triangle.The weekly and monthly charts show a pennant pattern which i have disscussed in my earlier post.


Daily chart of nifty.
http://img148.imageshack.us/img148/8849/dagfx9.png
 

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