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

[option fan]

probable upside..?

GTOFFSHORE worth to keep in track list... seems like 427 will come . may be 440+ need to w8 for b/o.

INDIANB another scrip... worth to watch.. will not trade untill trendline/ resistance line b/o

 

[babukraman]

IFCI ascending triangle b/o , forgot to mention that this is a Weekly chart

 

[Romeo and Elliott]

IFCI ascending triangle b/o

http://www.forextradingplus.com/gartley-patterns.htm

looks like a bullish gartley pattern [ ** on daily charts **]
[In an elliott sense, its a impulse followed by a zig-zag correction.
Buy comes on a breakout.. ie on the 04th in this case.

Good Spotting!! :thumb:

[Note : The long run up shouldve been marked from a few days after where i started it from, its mathematical detection.. minor offsets]

 

[babukraman]

India Cements
Reversing with a SFFP

 

[babukraman]

http://www.forextradingplus.com/gartley-patterns.htm

looks like a bullish gartley pattern [ ** on daily charts **]
[In an elliott sense, its a impulse followed by a zig-zag correction.
Buy comes on a breakout.. ie on the 04th in this case.

Thanks for an useful link on gartley.
So, is this a 3rd wave?

 

[Romeo and Elliott]

Thanks for an useful link on gartley.
So, is this a 3rd wave?

yw

No clue cant get a clear wave count, there was a powerful impulse on the way up, so that could be the third [Or first or 5th] .. cant identify any correction on a daily chart.

Switched to weekly and looks like :

Now it seems to have gotten through that, but cant pin the wave count on the present move.

"1" - Corrections
"2" - Price convergence [same reason why triangles break out, price just keeps converging till it has to decide what to do]
[Just to clarify, 1 and 2, with circled areas are not meant to be wave counts, they are just the parts of the chart to identify]

Changed to weekly to see if i could get some clarity.

 

[babukraman]

Geodesic @ 135.75
13xVol>VolMA5

11th Nov followup
Further to yesterday's ascending triangle pattern b/o of geodesic, this 15 months daily chart provides a visual treat for chart lovers. Enjoy! Credit to GV dada!

 

[dhootankur]

Ruchi Infra seems to be ready for BO, let's see if it can cross 35.50 level with good volume.

Ruchi infra cheerssssssssssss :clapping::clap:

Made high of 42++. If taken then book some and hold with trail SL 37 - 38.

 

[babukraman]

Ruchi infra cheerssssssssssss

Made high of 42++. If taken then book some and hold with trail SL 37 - 38.

:thumb::clap::clap:

Great call! Keep up your good work!
Cheers!
Babu Kothandaraman

 

[babukraman]

yw

No clue cant get a clear wave count, there was a powerful impulse on the way up, so that could be the third [Or first or 5th] .. cant identify any correction on a daily chart.

and more ! one of those patterns!