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

[option fan]

Is it a flag?

sharp rise in volume last 2 days... with 165 as s/l can we expect something arround 186-190?

RnE and Bubukraman plz express ..

 

[SwingKing]

Is it a flag?

sharp rise in volume last 2 days... with 165 as s/l can we expect something arround 186-190?

RnE and Bubukraman plz express ..

ITC will consolidate more in the near term. Give it about 3-4 weeks and you will see levels of 200 + easily.

Tc

 

[anayash]

Yup! As RnE mentioned, it's a nice HnS!

as far as VSA is concerned, 28/10/2010 is a high volume UPTHRUST bar followed by NO DEMAND bar on 29/10/2010!!

too many bearish signals!! i would be surprised if it doesn't go down from here!

 

[Romeo and Elliott]

Is it a flag?
sharp rise in volume last 2 days... with 165 as s/l can we expect something arround 186-190?

165 (-) seems like a good SL. daily suggests a test, the down-trend seems corrective. but im not very good with re-tests.
Weekly too seems to suggest a test.

The trendline seems to have been breached, see if you want to factor that in, either ways, keeping a good SL is no harm.

ITC will consolidate more in the near term. Give it about 3-4 weeks and you will see levels of 200 + easily.
Tc

Hi, raunak, thanks for the view. How do we assess a possible further period of consolidation ? *lost* i see it on a pervious strong support, low prices havnt breached 165. My guess is it may test is slow or breach. would you be of the view that its going to breach downside ? if so what am i missing ?. thanks.

ITC Daily

ITC Weekly

 

[Romeo and Elliott]

Daily chart
Does this stock look bullish ?

Opinions would be appreciated.
Thanks.

 

[anayash]

Daily chart
Does this stock look bullish ?

Opinions would be appreciated.
Thanks.

which stock is this? cudn't find this symbol on NSE! is it a BSE only stock?

nice support at the trend line!! lets have a look at RSI & Stoch for confirmation!

a break of the previous pivot high would be good too! :thumb:

 

[Romeo and Elliott]

Thanks,

Ive been banging my head over BGRENERGY for a while, price action seems bearish, but minds tuned to look for bullishness, so decided to "invert" its data and assess it for 'bullishness' which would mean bearishness on the stock.

Thats just the "inverted" data for BGRENERGY.

thanks

 

[Romeo and Elliott]

Invert stock data.rar

Small Excel utility to invert stock data.

will invert .csv pasted data, if anyones interested.
Very crude, just made it to invert BGRENERGY.

 

[Romeo and Elliott]

With RSI, Stoc and MAs

If this looks bullish, BGR should be bearish,
does that make sense ? *lost*

 

[kaly422000]

http://img230.imageshack.us/i/astra1a.png/ how about this breakout? it also crossed 200 dmaon 29th . astramicrowave