Pattern recognition ?

[columbus]

UGB I hope you had exited TISCO...

Downside in TATASTEEL appears to be very very less now. Accumulate in small lots at every dip.

 

[Czar]

true Columbus I bought that too 581 saw a downside of 567, but dint mention here since slim chance it may dip to 550 levels...

 

[Czar]

is it possible, sail retrace its entire rise from 10 to 293 Rs., now is reverse possible ? if so atleast 185 / 200 possible ? tomorrow month ends a close above 140 may help a lot...

yes still strong, Simple methods do work... doing 155

 

[vpsarathy]

yes still strong, Simple methods do work... doing 155

czar,
Isincerely pray it goes up. I have 500 shares whch I bought at 150 because I missed to squareoff my shortsales ome time back. I bought to protect price against price. Even if it reaches 200 in a month I'll make a good profit. Will it happen? Whats your advice?

vps

 

[columbus]

czar,
Isincerely pray it goes up. I have 500 shares whch I bought at 150 because I missed to squareoff my shortsales ome time back. I bought to protect price against price. Even if it reaches 200 in a month I'll make a good profit. Will it happen? Whats your advice?

vps

Perhaps you are referring about SAIL . Please do not stick to the target of 200/-.If you see yourself in GREEN sufficiently , book profits at around 175/-.
It is one of the top traded counters and during last one month it never went out of TOP50.

 

[Czar]

Sail was expecting 175/180 (as colombus mentioned) that's why I had made the post, but in this market nothing can be for sure & you cant rely on anyone's word... that too in a month is nobody's guess... also stop loss is now deep at 137 so be informed accordingly...

funny thing is Sail futures made a higher weekly swing today but cash dint...

 

[khadi]

can any body help me to find out any charting software which works with NSE & BSE?... i will be grateful if some one could assist me...

 

[Czar]

bought MTNL 97.50 (Fut), Stoploss 92

 

[thyagu]

Happy Ganesha Chaturthi to all !
I am Thyagu, been a silent spectator/admirer/learner of this thread.
I have attached the daily chart of IDFC. My limit knowledge in TA suggests
the RSI divergence seen is a strong signal of the price bottoming out forming a formidable support. We can go long with SL of 88 and 1st target of >104.
Waiting for your comments and guidance on this.

Thyagu

 

[columbus]

Happy Ganesha Chaturthi to all !
I am Thyagu, been a silent spectator/admirer/learner of this thread.
I have attached the daily chart of IDFC. My limit knowledge in TA suggests
the RSI divergence seen is a strong signal of the price bottoming out forming a formidable support. We can go long with SL of 88 and 1st target of >104.
Waiting for your comments and guidance on this.

Thyagu

Yes ,I agree with you, with strict stop loss at 80 ,one can enter the scrip as IDFC appears to have bottomed out.