Pattern recognition ?

[Czar]

though both are mirror image of Nifty so if Nifty break thru, so will they, try to find stocks which are not...

Penin has already broken thru but should test the TL but the head vols were more than left shoulder... still watch when tests TL...

 

[learn2trade08]

thanks czar,shall do that...jotting down your points on charts,will be easy for intraday trading...
thanks again!

though both are mirror image of Nifty so if Nifty break thru, so will they, try to find stocks which are not...

 

[Czar]

go thru the link provided in the previous post, if you've not b4...

 

[learn2trade08]

ok...thanks

 

[learn2trade08]

not a single trade/buyer in penin yet.....its 14 mins since mrket opened...

 

[Czar]

Two stock to watch out for:

(1) RCOM:

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A break from the possible wedge above 413 & 1st target around 430, above which should target 480

(2) RPL:

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A descending triangle: break of 147 should target 140 & possibly 111...

 

[johnnypareek]

hi,
chk this out n sit tight if u long.
johnny

 

[Czar]

Jhonny you are my best friend if we hold on monday

though this possibility is on...

 

[Czar]

(3) Polaris: My favorite stock in the world, Imagine it gives 30% on every swing, new traders should just keep a constant eye on this... even if we catch 15/20% every time , what the heck...

A possible scenario on break of 116, but even if not very tradeble stock...

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PS: I know alex will complain about the sleeping adx scenario, but a medium term possibility, but we can keep trading it...

 

[praveen taneja]

hi,
chk this out n sit tight if u long.
johnny

sir is it mean exit all long which v made at 4200 at 4185-15=4170......... n enter in shorts