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

[anayash]

Hey, Anayash,

Do you keep pivot points in mind when doing intraday ?

yep...i do keep the pivot points in mind...i think they are of utmost importance!! but somehow missed it today as i was tempted to short solely on the basis of the northern doji formation on 5 & 15 min charts! neways....lesson learnt!

 

[Prashant Patel]

Which is the best stratergy to be used while charting, so as to you can get best possible result.

 

[Prashant Patel]

trying to learn VSA, is it good TA?

 

[anayash]

Hi R&E,

There's something wrong with your data, the close of 12th Nov was at 502.2 & the open of 15th Nov was at 508(acc. to NSE bhvacopy)...hence those two bars rather form a harami cross(though still bullish) rather than the morning star(which wud b formed by 3 bars viz. 12th, 15th n 16th Nov.)!

considering the harami cross is not as strong a signal as a morning star...i would have been reluctant to go long on 16th Nov itself!

 

[anayash]

trying to learn VSA, is it good TA?

VSA wud take years to learn & master to use it effectively!! There's no reason why u cannot start now!

 

[Prashant Patel]

VSA wud take years to learn & master to use it effectively!! There's no reason why u cannot start now!

That's why asking, so as I can continue learning it!

 

[babukraman]

wow!! amazing dissection of my trade right there! now i know why it was a wrong decision to short! thanks for all the inputs! appreciated!

I second your view!
RnE, nice explanation! Keep it up buddy! :clap: :clapping: :clap: :clapping:

I like the one "day 3: the smarter ones went long (not me)". What a fine detail! Cool!
Babu Kothandaraman

 

[babukraman]

Previous view on the 21st Sep
Hi all,
I'm trying to post my first chart on this forum (Actually, not on this forum. This was on the I n d i t r a d e r s forum. Here, I've started my journey since 23rd Sep only).
TTK prestige LTD Close: 1003
Bullish engulfing pattern > b/o above the symmetrical triangle > b/o @ 993
Tgt 1: 1014 - 897 = 113 points >> 993+113=1106
Tgt 2: 1053 - 823 = 230 points >> 993+230=1223
Target calculation zones are "arrowed" on the chart

And now............

 

[dhootankur]

JAI Balaji near its support trendline...258 looks like would be the support...last candle in daily looks like doji reversal candle. But next candle will basically say that will it turn or not..

 

[dhootankur]

Essar oil also coming near its trendline...127 should act as support line and can bounce from here. By the way its below its 100 and 200 EMA so overall things remain bearish but yeah some times simple trendline is works as best indicator . Watch it and pick if looks good to u.