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

dhootankur

Well-Known Member
KFA is on make or break situation...let's see what happens to it...attaching chart where it has taken support near 100EMA and even exact support @trendline. If 2morrow breaks 68.50 - 68 then more downside around 66 and more can come. Else U - Turn can come from here even.

 

babukraman

Well-Known Member
Previously......... Jindal Steel JSPL
Jindal Steel & Power Ltd
JSPL follow up
01) Scrip Price on Pattern
JSPL 678.55 15-Nov H n S
H(ead) probably at the end of the rally;
H(ead) reversing at the 750 R levels
Rally is from Aug low of 610 to Oct high of 750
This rally has witnessed negative divergence of MACD histogram, RSI and STOC
Target: 630 - (750 - 690) = 630
Neckline b/d on 12th Nov with 1.9x (times) Vol>VolMA5
15th Gap down opening and C<O. So, a valid short trade entry
And now...........
 

babukraman

Well-Known Member
Further to some talk earlier about technicals / fundamentals going hand in hand... this is HCC, caught in the recent storm, triangulation break-down.

Yup, everythings falling, but this ones among the leaders of the pack. Technicals + Fundamentals.
RnE,
Long time, no see!
Have you noticed that along with Kaly, now Dhootankur and anayash have joined the party! It's very nice of you all to join us here!
Biggles!
Hope you're happy with the Nifty view! Actually, I gained some more insight into it just because of your request. When I posted this Nifty view on another forum (Yahoo Technical Investor group) AP, one of the seniors there, has pointed out that the (Weekly chart) Resistance of Oct '09 high level was forming like a triple top formation and then it broke out for the past rally and you know what, the current fall is exactly finding S at that previous R. Please check the chart yourselves. Weekly from Oct '09 till now. Have fun!
Babu Kothandaraman
 
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anayash

Well-Known Member
Hope you're happy with the Nifty view! Actually, I gained some more insight into it just because of your request. When I posted this Nifty view on another forum (Yahoo Technical Investor group) AP, one of the seniors there, has pointed out that the (Weekly chart) Resistance of Oct '09 high level was forming like a triple top formation and then it broke out for the past rally and you know what, the current fall is exactly finding S at that previous R. Please check the chart yourselves. Weekly from Oct '09 till now. Have fun!
Babu Kothandaraman
nice to hear words such as Nifty is forming support n all!! m holding a 5800 CE...hoping for a positive week ahead!!:thumb: