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

[dhootankur]

Nifty chart...Just showing some pattern forming..take action as u think...let me know if u find it helpful then will try to do as n when possible.

 

[babukraman]

Thanks NiftyMetals for chart...would u mind telling which AFL is these and how to interpret it?

Hi All

Follow Buy / Sell signal. I will keep post Nifty Chart. If possible i will post in market hours.

Thanks
Niftymetals

Niftymetals,
This thread is mainly for academic purposes and while doing so, if there are any good calls coming along the way, that's fine.

So, please post the reasons and strategies so that rest of us can learn. Please try to make your posts as "views" rather than the "calls". If you don't want to share your strategies here and continue to just post your "buy, sell signals" (even if they happen to be good calls), then you might want to think of opening a new thread for your Nifty charts. Because, there are so many other threads giving Nifty calls like this one of yours. I'm sure that those of us who are interested in your calls would still follow you on your very own thread.

Also, on the charts, x-axis time frame isn't visible.

Hope this clarifies my viewpoint!
Cheers!
Babu Kothandaraman

 

[dhootankur]

JSPL has formed triple top at 750 - 755 region. And came to the point from where it can prove triple top to be valid, so just watch it closing below 600 ( one can try in intraday even below 600) . Target coming height of Triple Top i.e 450. Let's c if close below 600 with super volume can make it touch 450.

 

[babukraman]

JSPL has formed triple top at 750 - 755 region. And came to the point from where it can prove triple top to be valid, so just watch it closing below 600 ( one can try in intraday even below 600) . Target coming height of Triple Top i.e 450. Let's c if close below 600 with super volume can make it touch 450.

Dhootankur,
580 levels should be another S below the 600 levels, as pointed out by my view here http://www.traderji.com/technical-analysis/45193-my-charts-yours-too-53.html#post492321

 

[babukraman]

TUBEINVESTMENTS OF INDIA (TUBEINVEST)
30/11/10 @ 132.85

Today’s wide range bar with 2.8xVol>VolMA5, closing near the High indicates that the strength seems to show up. The important aspect of this reversal is that the price has taken the support of 200EMA today for this show of strength.
Without the help of plotting any uptrend line, it can easily been seen that the uptrend line has been broken down during the first week of Nov. Since then, it has been on a slide. Today’s perfect bullish up bar reversal pattern at the 200 EMA triggers for a bullish view. A Close above today’s High should be a “Buy”.

There is also a contrarian but a very valid argument that it’s always a “sell” on the pullback of a downtrend.

What's your pick?
Cheers!
Babu Kothandaraman

 

[babukraman]

TTK PRESTIGE

 

[babukraman]

ITC

 

[calmeshenoy]

sir any morning star formation n ur view abt JSPL&ITC by chaarts

 

[Romeo and Elliott]

Nifty chart...Just showing some pattern forming..take action as u think...let me know if u find it helpful then will try to do as n when possible.

Thanks to Dhootankur.
I wasnt watching 15 min long terms till i saw his chart...
Just an overlay.

 

[PGDIMES]

TUBEINVESTMENTS OF INDIA (TUBEINVEST)
30/11/10 @ 132.85

Todays wide range bar with 2.8xVol>VolMA5, closing near the High indicates that the strength seems to show up. The important aspect of this reversal is that the price has taken the support of 200EMA today for this show of strength.
Without the help of plotting any uptrend line, it can easily been seen that the uptrend line has been broken down during the first week of Nov. Since then, it has been on a slide. Todays perfect bullish up bar reversal pattern at the 200 EMA triggers for a bullish view. A Close above todays High should be a Buy.

There is also a contrarian but a very valid argument that its always a sell on the pullback of a downtrend.

What's your pick?
Cheers!
Babu Kothandaraman

Your strategy is good. But if someone is expecting to short, play with "turtle soup" strategy.