My charts (and yours too........)

[babukraman]

20110411 NIFTY
Weekly & Daily charts A & B

DailyA

DailyB

 

[babukraman]

20110411 FORTIS HEALTHCARE

 

[Romeo and Elliott]

Nice viewing, babu @ Fortis.

I took this trade on 04-04-2011 (exited the day after it hit the upper TL)

This could turn out to be a channel but look at the first rise, and the subsequent dips, ie strong first rise and then kind of a trianglulation/pendant or whatever the term, basically price moving into a narrow range then bursting upwards, usually i'd consider this a very bullish signal.

Had my buri nazar on fortis for a while. Breakout on moderate volumes, entered long the day after with a 0.7%-below-open-price SL. exited two days later when it fell below the low of the body with the long upper shadow hitting the upper TL.

Have set a Trendline alert based on the upper trendline, if / when broken the move would be worth getting into.

 

[babukraman]

RnE,
Welcome back after a while
Cheers!
Babu Kothandaraman
Thanks for your compliments!

 

[babukraman]

20110412 US $ INDEX Monthly chart

 

[babukraman]

20110413 MIRC ELECTRONICS

 

[Romeo and Elliott]

RnE,
Welcome back after a while

Thanks Babu.

Monday should see something nice from my end re. posts magic.

 

[Romeo and Elliott]

Exide Ind,

Pls check count, looks valid to me in compliance with the rules.

4th seems to form a uptrending something that usually breaks to the downside, so pattern-wise too seems to suggest a down side.

** Could go up to form a double top with the last minor top it made.

 

[doctor_a]

plzz look at l&t chart breaked out from trading range:thumb:

 

[babukraman]

plzz look at l&t chart breaked out from trading range:thumb:

Nice observation, doctor a!
1710 levels have been a multiple, long term Resistance for LT. Also, the 1750-ish 200 EMA is lurking around to provide more Resistance.
Cheers!
Babu Kothandarman