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

[vinst]

hi,
weekly for NDTV. The volume surge which appears huge on daily TF should be confirmed on weekly charts. Notice similar volume surge in Aug-Sept-2010 on weekly which did not have follow up for investment.

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regards
vin

 

[dhootankur]

Noted it sir...Thanks

 

[Romeo and Elliott]

APOLLOTYRE broke to the upside, went long. 71.25 june fut SL 71.50

 

[prst]

hi,
weekly for NDTV. The volume surge which appears huge on daily TF should be confirmed on weekly charts. Notice similar volume surge in Aug-Sept-2010 on weekly which did not have follow up for investment.

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regards
vin

thanks sir..
but its been on a long term downtrend..
should we wait for the down trend line to be broken?

 

[vinst]

thanks sir..
but its been on a long term downtrend..
should we wait for the down trend line to be broken?

As per price, above 81 should be uptrend with SL at 59.

 

[Romeo and Elliott]

MCDOWELL - N

in a price-squeeze

 

[dhootankur]

Tata Global Beverages, looks good and seems can cross next resistance this time. one BO has happened and now 101 - 102 is quite possible. Cross of 102 and close above that can mark for reversal and can be accumulated on dip...

 

[Romeo and Elliott]

Tata Global Beverages, looks good and seems can cross next resistance this time. one BO has happened and now 101 - 102 is quite possible. Cross of 102 and close above that can mark for reversal and can be accumulated on dip...

Looks like a good pick, Dhootankur
[Last candle is intraday @ approx 1130hrs]

 

[Romeo and Elliott]

It doesnt get better than this.

For what, long ? Short ?

Let price be yr guiding light, everything points to a long so far, but a fall below would be a good short.

Either ways, as decision points go, it doesnt get much better than this.

Till price goes over the "confirmation price" i wouldnt be terribly sure of a long, tho it would be wise to take a long if price opens above todays close keeping a tight SL below circa yesterdays low ....

Why such a tight SL ? the position needs to take motion now, ie its time for SM to move it now, if it falls below yesterdays low, its not the bullishness we expect.

Daybefore yesterdays high (also approx todays) is the last bear bastion.

 

[coolharsh20]

how will be nifty tomorrow....