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

[preethi21]

Friends,, what i am going to say is fully based on my experience and strong indicator support,,,

next 10 days are going to be so bad for bulls,, market crash is ahead just within 2 weeks

You can take my words as a joke,,,
"better initiate fresh short in nifty/stocks for 15 days horizon"
Buy JINDLSTEL 700 jan put @ 10 rs lot size is 500 total cost 5000 rs
trade is very risk less

 

[VJAY]

Dear dhootankur ,Preethi,Romeo,kalya & to everyone,

[/URL] Uploaded with ImageShack.us[/IMG]

 

[dhootankur]

HAPPY NEW YEAR TO ALL MY TRADERJI FRIENDS AND TO THEIR FAMILIES....

Let's take a resolution make 2011 a gr8 profitable year with bombarding charts and gr8 learning....

I would like take pleasure to thanks to all of you for contributing to this thread and specially to Babu Sir for creating this thread and various charts with superb presentation & gr8 descriptions.

 

[kaly422000]

Kaly thank you so much for ibreal,, surely its a wolf wave,,, already triggered with bullish engulfing Bar,, (its first leg is confusing) sellers are not absorbed fully
RSI = BUY STOCHASTIC = BUY CCI= Not supporting
I will enter if i get it near 129 with a sl 119

bez of first leg ,,I will bet only 400 rs on this ,, so no of share will be near 40
target will be near 160 risk:reward 1:3 looks nice

i have just tried to pick a wolfe wave . overlooking any other thing. its also a case of triangle breakout may be.
one thing may be sure u can pick some bucks on buy side next day may be(i think 2day we get that).
how much next i dont know

 

[PGDIMES]

Friends,, what i am going to say is fully based on my experience and strong indicator support,,,

next 10 days are going to be so bad for bulls,, market crash is ahead just within 2 weeks

You can take my words as a joke,,,
"better initiate fresh short in nifty/stocks for 15 days horizon"

Oh Florence! Please show us the light (I mean charts )...

and if it's your misconception, you will be suitably justified...:rofl:

 

[mahi18]

Hi frnz
chek the attached RELIANCE industries chart..it is forming cup and handle in daily with BO as indicated in RSI

 

[Pralhad]

Yesterday I noticed breakout of Sym. Triangle of HDFC Bank-I 60 Min TF, but didn't take any trade, I missed 12~13k buck trade with good RR ratio, now regretting

Here is Chart of HDFC Bank-I 60 Min TF.

Now Bank Nifty-I 60 Min TF also Forming Ascending Triangle. If it breakout with good Volume then it is also around 12k buck trade. Lets see how things unfold.

Here is Chart of Bank Nifty-I 60 Min TF.

SBIN-I also forming Sys. Triangle

Update

HDFC Bank-I Hourly

As expected HDFC Bank got resitance at 2340 lvl and retrached down to 38.2% on 30.12.2010 then on next day it breakout successfully 2340 lvl.

Bank Nifty-I Hourly

Break out of Ascending Triangle. Expecting to reach target in coming few days. Please ignore the messy fib extension projection, I just experimenting with it.

SBI-I Hourly

Breakout of Sys. Tringle

Thanks and Regards,
-Pralhad

 

[Pralhad]

Example of Rectangular Break out Pattern on HDFC-I Hourly Chart

Thanks and Regards,
-Pralhad

 

[Pralhad]

Is this Bullish Wolf Wave on Daily Bank Nifty Spot?

I am not sure, Please give comment on this.

Thanks and Regards,
-Pralhad

 

[adityasaraf007]

Is this Bullish Wolf Wave on Daily Bank Nifty Spot?

I am not sure, Please give comment on this.

Thanks and Regards,
-Pralhad

No. The distance between 1-3 and 3-5 should be almost equal.