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

i have seen a cup and handle breakout and at the same time crossing of 200 dma. what do u think about this breakout
No clue Kaly, i trade very specific patterns, tho this doesnt look bad, volumes are good, its broken off MAs, and had been on the support for a while, the question would be the SL i think, but looks good by n large.
 

babukraman

Well-Known Member
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 :)
Very nice try! Indeed, the inverted bgrenergy looks bullish with HH, HL, HH, HL formation! However, you could have waited a bit more without revealing the secret with your interesting query! Nice one! :clap::clapping:

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:
Previous Pivot High of around 305 level already broken and now it's acting as S as well. Isn't it?
 

babukraman

Well-Known Member
http://img230.imageshack.us/i/astra1a.png/ how about this breakout? it also crossed 200 dmaon 29th . astramicrowave
ASTRAMICRO
26th Oct price x 48 EMA with 2.5 Vol> VolMA5
27th Oct price x 200 EMA with 8.5 Vol> VolMA5
Sorry! I'm not seeing a CnH b/o though there is a b/o in the short term
Btw, thanks for writing the name of the scrip on the contents section as it'll help during future "search" operations.
 
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babukraman

Well-Known Member
thank u n abt mrpl n onmobile weekly charts
OnMobile
http://www.traderji.com/technical-analysis/45193-my-charts-yours-too-28.html#post481865

MRPL
As previously explained in this post, http://www.traderji.com/technical-analysis/45193-my-charts-yours-too-23.html#post480270, it's still a weekly Inv HnS. As this pattern has formed since Jan '10, any pattern breakout for a profitable trade might possibly test the patience of the investors, imo.
Please take a look at the below daily, which is almost like an ascending triangle. Price might test the S of uptrend line before a reversal for a b/o.