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

[biggles]

hi babukaran,

as always, appreciate ur excellent work. hope u keep it going.

pse include a regular nifty analysis in this thread, atleast over the weekend.

regards

 

[kaly422000]

http://img89.imageshack.us/i/nf3.png/

 

[babukraman]

hi babukaran,

as always, appreciate ur excellent work. hope u keep it going.

pse include a regular nifty analysis in this thread, atleast over the weekend.

regards

Hi biggles,
Thanks for your continued interest and support as well! As of this week, I've already read quite a few reports on the indices. So, I just want to refrain from posting my Nifty views as I fear that my views might have been influenced by such reports. Next week, I promise, to post the Nifty view before reading any other reports.
Cheers!
Babu Kothandaraman

 

[dhootankur]

Nelco looks valid for BO...watch out today for trade abv 128 - 129.

 

[babukraman]

Nelco looks valid for BO...watch out today for trade abv 128 - 129.

Hi wolfe aka Dhootankur,
Could you please post the charts with the volume as well?
The stock has a little more that 5xVol>VolMA5. With this great deal of effort, there was a gap up and a bullish white candle (last session). But the 128 level seems to be much a "supply" level. This supply needs be taken care of first. If the market makers see if there is a bullishness in this scrip, then they'll put in their efforts to clear this Resistance of 128 levels possibly with a gap up strong opening today. In that case, the "supply" will be taken by surprise and the selling will stop which will further push the price up or atleast keep the price above the previous R turned now S levels.
So, in the first place, is there going to be an effort from market makers? Then only, we can be sure of the result.
Cheers!
Babu Kothandaraman

 

[dhootankur]

Today it was fast move to place this image in forum so that people can be benefited from my post if somebody wanna go for intraday as I have done. So in hurry I forgot to select volume, next time this will not be repeated boss..

As u said 128 as supply zone yeah true it is and as one can see its roaming arnd that level from last half an hour. Now again if it can cross 129 levels with good volume then new high can be seen. For delivery I am looking for its close abv 129, so that will go for delivery into it.

 

[learning tech]

hello babukraman Sir ,
Below is the Daily chart of Apollo tyres..
Is the increase in volume (circled) indicating selling climax or it it just because it is near its support region ....

 

[kaly422000]

hello babukraman Sir ,
Below is the Daily chart of Apollo tyres..
Is the increase in volume (circled) indicating selling climax or it it just because it is near its support region ....

dont ignore the simple double bottom according ur chart

 

[dhootankur]

Nelco looks valid for BO...watch out today for trade abv 128 - 129.

Did anybody done that...that was fast move after long consolidation....:clap:

 

[praveen taneja]

Can This chart with daily TF help u guys making decision