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

babukraman

Well-Known Member


Market will tell us finally what he will decide to do.
DanPickUp,
Please decipher the chart with your views. All I could understand is the downtrend PF, whose median is drawn connecting the two of the pivot highs and corresponding + and - channels.
I don't understand
1. Why is that thin line joined from Aug end Low to Dec end High?
2. On what basis, the uptrend PF is drawn? May be, would you mind adding more data (more time) on the chart to show how the up trend PF originated?
Your efforts are appreciated.

Cheers!
Babu Kothandaraman
 

babukraman

Well-Known Member
Buy KFA above 55 rs (closing time near 3.10 this is so imp )
No of shares 500
Sl 53
Target 70
Preethi,
May I suggest you to add a chart to substantiate your views? Your message just looks like a call. This thread is solely for the purpose of educational perspective. If you could post a chart with your view, we'll be able to learn the rationale behind your view cum call.
Regards,
Babu Kothandaraman
 
Last edited:
Took a long on Sesagoa today, buy n hold.

Apparent 3rd with that other pattern.. same as IFCI on a previous post about a month or so ago, .. will update later, just tooo groggy, not a wink of sleep last nite.

Should close > 321 (spot) and ill hold, else ill exit EOD.

Last candle is Intraday, volumes are extrapolated.



ABC Channel breakout by a first, hit resistence, retraced to a perfect 61.8 on a strong support..

looking pretty thus far.