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

[babukraman]

does the TCS thingy look like a valid Gatley ?

To be honest, I don't know. I'm not into the harmonics that much. Others should come forward here to sort it out.

 

[vinst]

Hi,

One of those odd times when I thought I have spotted a pattern !

NF seems to be BAT-ting?

Ratios:
BAT pattern May-10-2011
X 5357
A 6000
B 5703
C 5931
D 5443

AB = 0.461 of XA
BC = 0.767 of AB
CD = 0.758 of XA
CD = 2.140 of BC

 

[mangup]

Hi,

One of those odd times when I thought I have spotted a pattern !

NF seems to be BAT-ting?

Ratios:
BAT pattern May-10-2011
X 5357
A 6000
B 5703
C 5931
D 5443

AB = 0.461 of XA
BC = 0.767 of AB
CD = 0.758 of XA
CD = 2.140 of BC

Dear vinst,

what is this BAT pattern? What inferences we can draw fr the calculation mentioned above?

Kindly throw some light.

rgds,

mangup

 

[nutasha]

I liked the information and chart very much.
regards
hionstocks

 

[babukraman]

Dear vinst,

what is this BAT pattern? What inferences we can draw fr the calculation mentioned above?

Kindly throw some light.

rgds,

mangup

Hi mangup!
Welcome to this thread. Regarding your query, the Bat pattern is one of the Harmonic Patterns. The below links might be useful to you to begin with
http://harmonictrader.com/price_patterns.htm
http://www.forextradingplus.com/gartley-patterns.htm
http://www.harmonicedge.com/gartley.html

 

[Romeo and Elliott]

Nifty Spot looking bearish for now, closing below the low of the immediately previous bottoms should confirm IMO.

 

[babukraman]

20110520 NTPC

 

[mangup]

Dear babukraman,

Thanks for the links provided for Harmonic Patterns. Secondly ca you pl tell me how to draw this MACD in metastock? I tried to Pull MACD indicator on a new wondow & choose Histogram as Style. but it is not showing what you are publishing in charts. Any Different setting? I think i am making some mistake somewhere. Can u pl help?

Rgds,

mangup

 

[kaly422000]

Dear vinst,

what is this BAT pattern? What inferences we can draw fr the calculation mentioned above?

Kindly throw some light.

rgds,

mangup

amibroker has some pattern recogniger afl . but manual recognization is best. google it , u can have an answer.

 

[Maddy123789]

Hi Babu SIr,
have followed u n ur charts n u r always perfect
now just wanna know on charts of NTPC
Macd is till in negative does that make a difference ....?????

M new to this learning n always take ur help...