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

[babukraman]

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

Great pick! Keep it up, dhootankur! :clapping: :clapping: :thumb:

 

[babukraman]

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 ....

Hi Learningtech,
The increase in volume is observed about 7 sessions back and that's where the extra effort was made by the "smart money" to push it down through the Previous R turned then S line as drawn by you. After that effort by the smart money, the result is there to be seen that the price has come down till the previous bottom S. As this bottom S is approached now, definitely there is a lack of volume. That means the "smart money" is not interested in pushing the price down any further (because they aren't making any "effort" to push it further down). How do we know? Because, it's now narrow range, down bar with minimal volume.

 

[dhootankur]

Great pick! Keep it up, dhootankur! :clapping: :clapping: :thumb:

Thank u Babu Sir, aapse hi sikh raha hoon...am learning from you only sir. So thanks a lot for this thread to share my bit and learn a lot from you and other seniors... :cheers:

 

[babukraman]

Can This chart with daily TF help u guys making decision

Nope, boss! Just clueless! No chance for :!

 

[babukraman]

THIRUMALAI CHEMICALS
Twinkle, twinkle little star!
And it's Morning star!
Up above the previous Swing High,
Will it go? :-?

 

[babukraman]

WALCHANDNAGAR INDUSTRIES

 

[dhootankur]

Sir one more pattern found in ur find Thirumalai...Falling wedge is being formed and ready for BO 2morrow...

As per this 150++ is the target coming.

 

[anayash]

WALCHANDNAGAR INDUSTRIES

Nice chart! lets wait for a close above the trendline for confirmation!

 

[anayash]

THIRUMALAI CHEMICALS
Twinkle, twinkle little star!
And it's Morning star!
Up above the previous Swing High,
Will it go? :-?

this stock has seen a lot of huge gap-up openings n then closing in deep red!!

seems to be majorly operator driven! trade with care!:

 

[anayash]

SUJANA TOWERS

This stock has seen an almost vertical rise from 60 odd levels till now!

heavily overbought stock but still on the verge of an ascending triangle breakout! a bullish up bar today!

no significant increase in volume near breakout levels but higher than the previous few bars!

trade with care!:thumb:

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