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

babukraman

Well-Known Member
sir wht abt amarraja batteries
Last candle was a hammer at the support level. Still a chance for an up move! But the triangle getting longer and longer n I put a note for "not so great" volume as well! So, please don't listen to anyone as you're the master of your money! If your SL is hit, get out of the trade and move on! My charts can only be guidance to you! Good luck!
 

babukraman

Well-Known Member
thank u sir,friday it didn't brk 216 in dwn mkt kud i put this lvl as stp loss sir,
Yup! It's better to keep moving up the SL as a part of good Money mgmt; that's what the theories tell us. When the price doesn't move as anticipated, then the time SL will be hit and we'll live for another day to trade!
 

babukraman

Well-Known Member
this pattern detecter analyse in another way. u already watch out a bearish formation in corpobank . do u have position in corp bank@bakul
As per your pattern detector, what is the next course of action for Corporation Bank? As I said, I'm new to harmonics. I can see the ABCD pattern. But how to interpret it going forward? Please explain.
About my position, I do window shopping! :cool:
Cheers!
Babu Kothandaraman