New Intermed Uptrend!!

[Anupama Singh]

Hi Saint,

Still learning the patterns that you taught a few weeks back.........just a part of learning,I hope you don't mind me asking my doubts now and then.

Is the pattern on Corporation Bank an inverse Cup and handle formation?

Thanks

Regards
Anu

 

[Saint]

Hi Saint,

Still learning the patterns that you taught a few weeks back.........just a part of learning,I hope you don't mind me asking my doubts now and then.

Is the pattern on Corporation Bank an inverse Cup and handle formation?

Thanks

Regards
Anu

Great going ,Anupama.........yep,a reverse cup n handle on Corp.Bank.Nice....

And,no,I don't mind you throwing up your doubts....once again,great going!

Happy Trading!
Saint

 

[karthikmarar]

Saint

Hexaware has made higher pivot low on the weekly..

KTK Bank...from head and shoulder, now it looks more like decending triangle.. chart enclosed

regards

karthik

 

[mkshekar]

Hi saint. could you tell me about divis lab for today. I have entered it in the futures at
1598 oct. i beleive it is now in the support zone. where from here. any idea? what should i do please. last close wasin futures 1566

 

[Saint]

Hi saint. could you tell me about divis lab for today. I have entered it in the futures at
1598 oct. i beleive it is now in the support zone. where from here. any idea? what should i do please. last close wasin futures 1566

Hi mkshekhar,

Yes,my friend........we are now sitting on support at 1566.Long term trend is up,stock is looking great.But do not allow more than 1556 ........if this is taken out,get out.Can reposition yourself later........

Happy Trading!
Saint

 

[Saint]

Saint

Hexaware has made higher pivot low on the weekly..

KTK Bank...from head and shoulder, now it looks more like decending triangle.. chart enclosed

regards

karthik

Hi Karthik,

HEXAWARE TECH has,as you rightly point out ,is making lokwer pivot highs and lows..........this area of 100 is looking more and more like a neckline of an H&S pattern.Whatever it is,a breakdown below that line is continued bearishness.

KOTAK BANK :Is this Kotak Mahindra Bank......and if so,what are your latest prices,etc.Not sure why my charts and yours look different?!

All the best!!
Saint

 

[a_n_i_l]

Hello Saint

Its Karnataka Bank

Regards
anil

 

[Saint]

Hello Saint

Its Karnataka Bank

Regards
anil

Hi Anil,

Thanks a lot my friend!!

Saint

 

[Saint]

Hi Karthik,

KARNATAKA BANK :This is one super looking H&S pattern ........with a sloped up neckline and we are currently in the process of breaking down and continuing its downtrend.............I shorted this one a few days back,and is still looking good for further fall!

Saint

 

[JIMMtrader]

SAINT

Just wanted you to know that YOU and your WARM posts are MISSED dearly today!

If you are hibernating today because of the hurt from the loose foolish comments of VINI, then my sincere request is...... DONT!
VINI is not worthy a reason for you to stay away from the hundreds of members here, who genuinely love you for the warm & sincere PERSON you are, and who truely look up to your educative inputs & responses with a real desire to LEARN from the wisdom you impart!

On behalf of one & all here, I take the liberty to request your presense out here amidst us. Please COME BACK!!