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

[calmeshenoy]

sir bgr crosssed high f 793 closing 800+ n alok 28.9,jpassociate125.2 ur view sir

 

[option fan]

PFC-I feel its ready for a new TOP (near 400 +/- ??)

question is (1) shall we w8 for a breakout of symetrical triangle forming ( thick RED & GREEN line) ?... or (2) can take a chance("!!") with green support line as s/l? ( i might opt for second option.. with OTM call option)

sry my bad habit.. its continuous chart of fut.

 

[option fan]

This is another..

SAIL-Hourly..... Is it all set for 202-204-208 in 2 days? s/l is well defined below the lowest low seen on the chart 192.8

SAIL-fut hourly chart small time frame small trading tgt.. small s/l !! here 190 put & 200 call both at a time seems good.?

 

[option fan]

---------deleted-------

posted the same SAIL post twice** sry

 

[babukraman]

PFC-I feel its ready for a new TOP (near 400 +/- ??)

question is (1) shall we w8 for a breakout of symetrical triangle forming ( thick RED & GREEN line) ?...

Yes! For a conservative trader, this is the best choice. By this way, one can avoid, "what if the price reverses at the R line drawn by you. Also, this would be a high probability of turning out to be good trade with the SL just below the b/o zone.

PFC or (2) can take a chance("!!") with green support line as s/l? ( i might opt for second option.. with OTM call option)

image removed by Babu for simplicity. Thanks!

Again, I'm not well versed with the option strategy; hence, no comments. From, cash scrip perspective, the better entry would have been for one to enter the bounce off of the uptrend line (green) about five sessions or so back with a SL below that of the uptrend line at that point with two targets in mind. First target would be the short term R line and the second target would be the upper channel line.
The idea is to "buy on decline" when the trend is up. As per your chart, PFC is in a good uptrend and the price was touching the uptrend S line about 5 sessions back. That entry would have been a probable low risk, high reward trade.
Cheers!
Babu Kothandaraman

 

[babukraman]

Watch BHEL at CMP 2485.00/-. it crossed the trendline,supported by cross of trendline in RSI,increase in volumes also speaks that some upside can b expected in BHEL.targets can be Rs.2525.00 and Rs.2550.00 ina couple of days..

Nice chart Mahi18!
Btw, may I bring it to your attention that your file attachments limit is only 100kb in the forum. You may not be able to attach any more charts probably due to this limit. To post unlimited charts, please subscribe to traderji's unlimited plan . The plan details are here http://www.traderji.com/announcements/22138-how-post-chart-image-traderji-com-14.html#post481656
Cheers!
Babu Kothandaraman

 

[babukraman]

Yes it is true. Most of the times the so called analysts give misleading views on T.V. It is always better to stick to your own analysis and T.A.

I had the same view on them till three things occured to me :

1. They must know a great deal more of TA than I do, to be there.

2. They have their own clients to take care of, thats where the real money lies, so he might just give a buy on a dud hoping his clients can 'exit' a bad position.

3. Sadly when you put someone on TV, call him 'The Great One', and ask him for a prophacy, he doesnt have the luxury of saying "how would i know what Nifty is going to do two weeks from now, cant you see how volatile it is", so he says something in those moments of uncertainty, hoping it comes true, thus are prophets made in the markets. A wrong call is well *shrug* its the markets, an outlandish call going right is the making of a legend.

I agree with both the views. There are "n" number of TV channels flashing business news and "n" number of analysts voicing their opinions and views. Definitely there are conflicting and contradiciting views expressed by them. As RnE mentioned, when they are asked a question, they're bound to give an answer.
This is where we, the investors/traders who are following TA, should apply our mind and focus. Take what all the views come your way, check with the charts. If it's confirmed or not confirmed by your charts, then take a decision. The decision making is left to us. It should not be the analysts' decisions.
With this said, I would like to quote one of the TA analysts from Chennai (a goon one!), Mr.T.R. Arul Rajhan who appears on HinduNDTV (Chennai edition of NDTV) and various regional Tamil Channels, "whatever news, views, tips and advise you get from whoever, wherever - let the decision be yours. It's your (hard earned) money and you're responsible for it. So, analyse all the views in front of you and make a decision"
Cheers!
Babu Kothandaraman
Please note that I'm not for or against the analysts! Just focusing on myself for making better analysis which might result in a profitable trade. These are my views.

 

[option fan]

unitech chart is looking good to me.

s/l looks like arround or below 82 tgt can be 96-102--(120 ???)

this was also suggested in some other thread in the forum not my find.

sry its market hrs cant post chart ( my bandwidth dont permit !)

 

[sundaram iyer]

OMG, SH!
I'm great fan of your 315 strategy; just learning through it. Last night only I was copying till around 14 pages of that thread.
Thanks for your feedback! :clap:
Babu Kothandaraman

what is 315 strategy explain:clap:

 

[sundaram iyer]

what is 315 strategy