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

[option fan]

Daily chart
Does this stock look bullish ?

Opinions would be appreciated.
Thanks.

For me from the chart (price&Volume) posted by RnE its a clear BUY with a s/l arround 300 and expectations 450-480.

and as a short term trader i will prefer the support line if drawn through spiked LOW's 230-330(odd) as trailing s/l

 

[kaly422000]

http://img109.imageshack.us/i/abgc.png/ now about this wealy paTTERN where smartmoney may look at ABGSHIP

 

[kaly422000]

http://img243.imageshack.us/i/astra2.png/ here is weakly astramicro

 

[Romeo and Elliott]

Looks like a breakout on LT

Last candle is intraday till approx 1330hrs.

 

[option fan]

posting ABAN fut continuous chart as i found its interesting & ....
this is the method i use to trade options plz correct me whereever i am wrong.

Now see this chart... only price/volume chart

sry its a continuous chart of ABAN fut a volatile instument to trade...
if your trade is correct you will earn handsome in short time else your s/l is gone with the wind.
I am OPTION_FAN but realy dont know the details / technics (delta...etc) abt options.

what I can see here..
It can go arround 1050-1100 by dec 3rd or 4 th week (latest) if suggested s/l( in precise terms-the s/l which I seen on chart) held. and it may go back to 880-900-920 in this month itself. as it is upper limit of the horizontal channel shown 750-920 range. todays candle strenghthened my view for me as its a long legged hammer type, almost retested channel support. volume is decreasing in current fall so downside in this wave may end within the channel. and it may retest upside of the channel and if we are lucky :rofl: will have breakout !!

now abt my trade.. I will go with 800-820 call NOV cmp(LTP) 31 & 26 respectively ( this will cost me less than the s/l if I traded fut, which i derived from my half-knowledged-TA skills another reason I never carry fut for next day.. SAD JAN 2008) and easily/probably they will be get me 50%-200% profit. I never w8 for profit fot long time. i always try to take back my capital at fastest possible pace... and so never trade in single lot of option. remaing qty stands for me for positional/probable tgt and its premium free !!

so tgt for options never matters for me....
its just a guess/assumption.(shhhh... dont laugh)!
I Trade naked calls or puts..... no hedging no strategy.. as i dont understand it well


(pl. note. ABAN has very less liquidity in options.......for my 2-3 lots its OK !!)

 

[calmeshenoy]

hw do u analyse alok ind(text) after todays's close(01-11-2010)ia it confirm breakout sir pls check d charts of alok,

 

[Romeo and Elliott]

SUZLON

Good short (if CLOSE is below 56.65) ?

Last candle till 1440hrs, Intraday

 

[babukraman]

posting ABAN fut continuous chart as i found its interesting & ....
this is the method i use to trade options plz correct me whereever i am wrong.

Now see this chart... only price/volume chart

sry its a continuous chart of ABAN fut a volatile instument to trade...
if your trade is correct you will earn handsome in short time else your s/l is gone with the wind.
I am OPTION_FAN but realy dont know the details / technics (delta...etc) abt options.

what I can see here..
It can go arround 1050-1100 by dec 3rd or 4 th week (latest) if suggested s/l( in precise terms-the s/l which I seen on chart) held. and it may go back to 880-900-920 in this month itself. as it is upper limit of the horizontal channel shown 750-920 range. todays candle strenghthened my view for me as its a long legged hammer type, almost retested channel support. volume is decreasing in current fall so downside in this wave may end within the channel. and it may retest upside of the channel and if we are lucky :rofl: will have breakout !!

now abt my trade.. I will go with 800-820 call NOV cmp(LTP) 31 & 26 respectively ( this will cost me less than the s/l if I traded fut, which i derived from my half-knowledged-TA skills another reason I never carry fut for next day.. SAD JAN 2008) and easily/probably they will be get me 50%-200% profit. I never w8 for profit fot long time. i always try to take back my capital at fastest possible pace... and so never trade in single lot of option. remaing qty stands for me for positional/probable tgt and its premium free !!

so tgt for options never matters for me....
its just a guess/assumption.(shhhh... dont laugh)!
I Trade naked calls or puts..... no hedging no strategy.. as i dont understand it well


(pl. note. ABAN has very less liquidity in options.......for my 2-3 lots its OK !!)

Hi option fan!
Nice writing! As I am not into option much, I have no comments!
As far as the chart is concerned, it's forming double top with the price at the S level. So, watch out this particular level! And above the R of the double top, there is a (window) gap needs to be filled in. That gap might be another R. Good luck!
Cheers!
Babu Kothandaraman

 

[babukraman]

SUZLON

Good short (if CLOSE is below 56.65) ?

Last candle till 1440hrs, Intraday

On the 27th Oct, itself the price has broken down the uptrend line. Yesterday, retested (an opportunity for longs to get out) that R and turning back today. Just a classic example of the various tutorials - breakout>retest>then, continue in the direction of the breakout!

 

[babukraman]

hw do u analyse alok ind(text) after todays's close(01-11-2010)ia it confirm breakout sir pls check d charts of alok,

Sorry, as I'm away from my charting PC, I'm not able to give you a view!
Babu Kothandaraman