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

[krishere]

a great chart.... just a correction... the candle in the end is not piercing line but a bullish-engulfing bar.....

also note that there was a window made on 02-08-2010... which is acting as a good support.......

Looks like a good breakout ? Bankindia

 

[babukraman]

Hi buddy

All my TB are gone for today. So I will press if for you tomorrow. I am curious, what TA you post next. Like I told, the last one was very interesting and if you could give some more information on MM and trading strategy, you would make many happy here and you would have many, which would discuss with you about such stuff.

Have a nice weekend

DanPickUp

:annoyed::annoyed:
Dan, you confuse me a lot.
1) First, you said stay away from your PM, when I REPLIED to your previous week's PM. THEN, you said lets solve it on PM. Explain.
2) Two, you said I take information on PM. Please mention, from whom did I take. It would be better if you disclose the sought information, if it was ever sought from you. Explain
3) Three, you doctor my chart and post it with skewed line just to establish that median line of APF has been touched, while it has not been. I CHALLENGE anyone to make such APF on ANY trading software.
4) Four, Then when I mention your doctored chart, you refuse to defend it, saying that I have bad intention. What is your intention for doctoring a chart? Please clarify.
5) Five, you said my TA was too rubbish. Then, today you are saying it's very interesting. I am confounded by my progress in 1 week.
6) Six, you ask me to explain MM and all. Please explain the reason for the query. Are you going to trade it, on my call? If you have some views, share them. I have shared all of my views, which I deemed necessary, about the script.

You have been making contradictory as well as factually incorrect statements. I believe they have malicious intention. Please clarify.

Hope, once you clarify it, we can have a discussion about MM and all.

Guys n gals,
If you've got any dirty laundry to wash, this thread isn't the right place. If you've got something to contribute by the means of charts and your views on them, you're most welcome! We, the newbies to TA, appreciate your understanding and co-operation! Hope my simple and plain English can be understood!
Thanks!
Babu Kothandaraman

 

[Romeo and Elliott]

a great chart.... just a correction... the candle in the end is not piercing line but a bullish-engulfing bar.....

also note that there was a window made on 02-08-2010... which is acting as a good support.......

:thumb: Excellent observation, i messed around with the 'EE Candlestick Template' in Metastock so Engulfing bulls show as piercing lines lol, need to fix it.

Also if i'm reading it right, this charlie tested the 100% retracement (max allowed) of wave 1 twice, that gives some bullish confidence.

 

[babukraman]

here is the weekly chart... its a hammer down there.... so a buy.... but i see a resistance @ 61/-... but if it breaks that would move uptill 67-68

krishere,
Welecome to this thread!
It's a nice observation of yours regarding AartiInd.
Let me paint you another version of mine.
Consider 55 as the neckline and the peak from where the wave A marking begins (as per your markings), let's consider it as a Head (that's early Nov. High).
Now if you look at the bigger picture, it looks like a HnS and the reducing volume from LS to H to RS confirms this pattern.
My advice is to keep a strict SL as a neckline (55 level) breakdown will see a huge fall. I write this as I see the reducing volume has prompted me to do so.
Cheers!
Babu Kothandaraman
Comments invited, as usual!

 

[krishere]

krishere,
Welecome to this thread!
It's a nice observation of yours regarding AartiInd.
Let me paint you another version of mine.
Consider 55 as the neckline and the peak from where the wave A marking begins (as per your markings), let's consider it as a Head (that's early Nov. High).
Now if you look at the bigger picture, it looks like a HnS and the reducing volume from LS to H to RS confirms this pattern.
My advice is to keep a strict SL as a neckline (55 level) breakdown will see a huge fall. I write this as I see the reducing volume has prompted me to do so.
Cheers!
Babu Kothandaraman
Comments invited, as usual!

on the mid-term or long-term im also bearish on the stock.... actually bearish on the whole market... the market(sensex/nifty) is moving sideways..... waiting to see where this goes...

the above views were short term....

krishna.

 

[krishere]

krishere,
Welecome to this thread!
It's a nice observation of yours regarding AartiInd.
Let me paint you another version of mine.
Consider 55 as the neckline and the peak from where the wave A marking begins (as per your markings), let's consider it as a Head (that's early Nov. High).
Now if you look at the bigger picture, it looks like a HnS and the reducing volume from LS to H to RS confirms this pattern.
My advice is to keep a strict SL as a neckline (55 level) breakdown will see a huge fall. I write this as I see the reducing volume has prompted me to do so.
Cheers!
Babu Kothandaraman
Comments invited, as usual!

i have bought some of this stock... but the volumes are v.v.low so a little skeptic..............

 

[Pralhad]

Is it Valid Bulish AB=CD Pattern?

I am not sure about validity of Point A. Harmonic Pattern Trader please comment.

 

[preethi21]

Purchased 150 shares Bajaj hind @ 98.35 (3.25 pm) risk 800 rs
Purchased 150 shares AartiIndu @ 58.10 (3.25 pm) risk 800 rs

Holding 250 shares Kfa risk released

Uploaded with ImageShack.us

 

[krishere]

Purchased 150 shares Bajaj hind @ 98.35 (3.25 pm) risk 800 rs
Purchased 150 shares AartiIndu @ 58.10 (3.25 pm) risk 800 rs

Holding 250 shares Kfa risk released

bajajhind was a nice call....

 

[Pralhad]

Bearish Gartely on 30 min Nifty Spot