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

babukraman

Well-Known Member
Anayash!
Thanks for the symmetrical triangle chart of the Raymond :thumb:
RnE!
I see the timings on your posts 3.13 am! Wow! Don't you sleep? :D
Thanks for bringing out the similarities between SCI and Anayash's Raymond chart! :clap:
I'm learning a lot!
This is becoming too hot! :cool:
Cheers!
Babu Kothandaraman
 
I'm learning a lot!
This is becoming too hot!
Cheers!
Babu Kothandaraman
Likewise, thanks to everyone on this thread :)

CAMLESHENOY looks like BGR is retracing, as long it doesnt breach the channel downside, i wouldnt be bearish on it, bullish confirmation on breaking to upside of last top / testing it.



ps I want a cash close price of 77.25 +/- 1% on ASHOKLEY :)
 
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anayash

Well-Known Member
ASHOKLEY : Looks like a breakout, but wouldnt say its out of the woods till it crosses all the high prices. Could come back to test, could shoot up, Open 2morro will give some indiction.
ashok leyland retraced into the range a li'l before it moved out again!! wat say RnE? wud this breakout fail or survive?
 
ashok leyland retraced into the range a li'l before it moved out again!! wat say RnE? wud this breakout fail or survive?
Today opened on a flat top, dead give-away in this kind of a setup to exit long and wait for end of day.

I think it would survive (At least hope to dear god it does), 77.25 is the close price of the highest close in the entire range, today closed above that, so theres nothing out of character yet for a bullish position.

2morro should NOT be bearish. if its anything but bullish i would think the stock is not going to 'surge up' at least, might be a slow rise or a fall, but anything but bullish 2morro and its not in conformity with a strict pattern.. then im lost :) but so far its been behaving predictably.

todays close of 77.30, couldnt have been better. But always on ones guard :)

ONMOBILE : Didnt see that coming :annoyed: but thats where your rules save you :clap: i guess, in this case ... i prolly jacked up on the count somewhere but entry long, when coming up from under a 61.8% IS a test of the 61.8%, it just went thru 61.8% (value of 357, menitoned in an earlier post) yesterday - So no long, but i wastn short either, shouldve taken that cue.
 
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