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

kaly422000

Well-Known Member
suppose u want a parameter that u want those scrips where 5ema crossed 15 ema on the recent day. u can use metastock or ami for that(this is exploration).
and now u want to know how effective will be an entrypoint if any scrip whose 5 ema crossed 15 ema recently. and ur software can give u an idea(it's called backtesting in jist).
but u have to know some coding lamguages for that of meta or ami.
 

babukraman

Well-Known Member
BALLARPUR
Weekly; Ascending triangle b/o with a perfect bullish up bar from the up trend line. Target zone 38.40 – 25.40 = 7 points
Target 38+7 = 45
Daily: Perfect bullish up bar reversal with 1.5X vol > Vol MA5.
 

babukraman

Well-Known Member
M&MFIN
654.60
Perfect Bearish Down bar on the Daily which has broken down the up trend line with a whopping 61xVol > VolMA5. It’s usual to advise “buy on decline” in a rally as such is the case here. But the negative divergence on the RSI, STOC and MACD histogram suggests otherwise. (To be cautious of the end of the up trend). Confirmation is required; any close below 645 (646 is low of this candle) will confirm the bearishness.

Let’s check out the weekly now. It has got an Evening star formation with a convincing volume level. Any close below 626 (which is the Low of first white candle of the pattern) will confirm the arrest of the up trend.