Pattern recognition ?

C

Czar

Guest
#41
#41
Czar said:
In my opinion nifty may test around 4200 max, but if not new high (4540+) then atleast it should come to 4450/4500 once.... then if unable to make higher high, we may test bottom again, but stop for this rally is 4184 spot...

I feel we go up 1st & then down (3800 levels)... cause macd crossover, MA 5/20 crossover,.
Click to expand...
Caution zone approaching trendline at 4430, might pull back 5 mins in -VE divergence market may wanna test 4340 zone

 
Saint

Saint

Banned
#42
#42
Great going,Czar.......keep up the great work.

All the best!
Saint
 
C

Czar

Guest
#43
#43
thanks Saint, trying to trade & write, donno how you guys keep up.... but 1 thing it brings more clarity to the trade when you write...
 
Saint

Saint

Banned
#44
#44
Czar said:
thanks Saint, trying to trade & write, donno how you guys keep up.... but 1 thing it brings more clarity to the trade when you write...
Click to expand...
Yep,Czar......that it does.A two dimensional view becomes a complete three dimensional view from many angles,if not all.

Keep it up,my friend......looking fwd to more from your end.

Saint
 
P

pshirurkar

Active Member
#47
#47
Hi mr Czar,
Praj has moved near about 200 level many times, and reversed from that level, looking to the present scenario ,can you expect a move beyond 200 for praj is possible in the short term?
 
C

Czar

Guest
#48
#48
well its not our look out to predict, but why not take advantage of that 15/20 bucks, after all 1 lot 1100 x 15 = 16.5k, so we keep moving trailing stops to see what we can get max... though if you see the chart is moving in a channel & this time the channel top may be approx 220 which is around the top of 222 made on 22.5.8, but the lower trendline should hold...
 
Last edited by a moderator:
columbus

columbus

Well-Known Member
#49
#49
pshirurkar said:
Hi mr Czar,
Praj has moved near about 200 level many times, and reversed from that level, looking to the present scenario ,can you expect a move beyond 200 for praj is possible in the short term?
Click to expand...

PRAJ counter has no volumes to propel it beyond 200 levels ,right now.
 
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