Man dont worry.....Unitech will surely cross 100+.... Athough it doesnt look good for me (from the charts).... But i a NOT sure if the fall is due to the correction or there is a problem with Unitech itself........ Will find out from Savant Sir...
I am new to amibroker.I just want to get familiar with afl,so writing small functions.I want to write a function to find down or up trend using afl.Can u plz help me.
Thanks,
Arti
Thanks a lot arvind. One more request, to get more understanding...
Could you please explain any one of the triggers posted with the help of its chart ??
If you have purchased UNITECH @ 86.60 then it was on 1-6-2009. That was late for entry. The actual entry was aroung March 20 when it was trading in the range of 25-30. Presently the SL is around 72.30. The Friday's upmove has given a hope that it may move up further. If that happens then the SL will also move up and you may go into safe zone. So, it is better to watch it a little more and take a decision
I am new to amibroker.I just want to get familiar with afl,so writing small functions.I want to write a function to find down or up trend using afl.Can u plz help me.
Thanks,
Arti
To write the AFL you have to define your condition based on which you want to say whether the stock is in uptrend or downtrend. If you define your strategy I will show you how to write the AFL.