some body plzz look at charts of sesa goa,ranbaxy icici bank and relcap all having interesting chat pattern...iam troubled by sum virus so cant upload the charts ..plzzz see the charts
Get well soon doc_a
Cant make sense of Ranbaxy
Sesagoa seems to be forming a DRAGON PATTERN, but since im into day accurate trading not sure what the entry point of this thing should be or the SL. Entry, again shouldve been at a double bottom below. [Specifically, a DB with sharp acceleration on the rise and a shallow fall followed by a surge rise.... sentimentally shows the direction of the sentiment, this also happend at the bottom of a multi-wave fall, and at support]
Icici broke out of a price channel some time ago.
The logical target in an uptrending market would be the upper end of the band but id wait for some sign of strenght, but that depends of what SL / holding time frame you got.