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

[preethi21]

How are you telling the tgt 1 &2 , please help...

One easy method is Fibonacci extension ,,,

Learn it from google,,, lots of charts with target example can be seen ,,,

 

[dhootankur]

How are you telling the tgt 1 &2 , please help...

A pt is said to be 1st tgt and then between 127.8 to 161.8 fibbo of CD. I hope Muratt bhai's thinking match on my reply :thumb:

 

[MurAtt]

How are you telling the tgt 1 &2 , please help...

BUILT IN in the AFL.

Will have to check what extension levels it is ...
26th Jan maybe have time else after February ...

 

[Pralhad]

SM Bhai,

Can you share Gartely AFL? Please. I like the way it represent no. of bar with ratio.


Thanks and Regards,
-Pralhad

 

[preethi21]

Ok another bull from me,,,,,

Uploaded with ImageShack.us

 

[preethi21]

SM Bhai,

Can you share Gartely AFL? Please. I like the way it represent no. of bar with ratio.
Thanks and Regards,
-Pralhad

I also want,,,
:thumb:

 

[MurAtt]

No freebies requests pls ....

Simply not possible to pass on the AFL unless given express permission from actual owner.
Will ask and inform.

 

[Romeo and Elliott]

Pralhad and Preeti,

I hope SM Bhai come back with an affermative till then you guys could try :

http://www.chartreader.co.in/2009/04/gartley-afl-script.html
(Author gives his permission fr the following download link)
http://www.4shared.com/file/102372421/88843987/Gartley222.html

Amibroker AFL lib (public domain) :
http://www.amibroker.com/library/detail.php?id=347

I dont use Amibroker, so if you guys find the time, pls lemmie know how good these AFLs are. Am not sure but i think both links might be the same code.

 

[aniket_tyagi]

Followup...
Just got Weirder.. We now have got A-B, again with 61.8 retracement.
We are heading to 220, 212 as per the chart.
(Taken daily as it's not visible on weekly, previous chart was also made on daily, posted on weekly just for the clarity of the point)

Guys,

Good Evening.
Hindalco remained range bound.
252.85 to 220.8, 239.75 to 223.75, are last two weekly range.

More or less, everything looked like a technical corrections and pullbacks.
It hasn't dared to hit 220 again and did a smart recovery from 223.75 last week.
Worryingly, it faced resistance around 240 and immediately fell back to around 235. So, assumption that 240.95 is point B, is yet to be invalidated. Moreover, the longer upper wicks around resistance levels should be noticed. So despite the higher lows, this intrigues me.
Chart below gives a bit more perspective. Please notice the interesting things that happened in November. 240 to 200(wave 4 was it).

This is what I think now. It should be a downtrend as it looked like perfect EW , and just have a look at RSI and MACD.
Still possibility of extended 5th wave isn't ruled out (check out glaring difference between volumes of Nov and Jan).


---------------------------------

Don't know if to laugh or die laughing. Ain't a straight line. Chart - doctoring. LOL.

 

[ashwani chadha]

Thanks for charts