iCharts Discussions

[casper]

hiii vishal

1. SAIL= my symmetrical triangle is still intact, lets break it for a position, it may happen tomorrow

2.IBREALEST= price is near the monthly support of 120 and we have a positive divergence in daily rsi, i think we can buy it for 135-140 and with a stop loss below 120 by closing

3.IDFC= apart from ur mentioned reasons, i am giving u another reason to buy it. it is real time 60 minutes chart

see in the chart, what a positive divergence it has got!!!

target should be 172,176 and 180 and stop loss should be 160 (monthly support is 164 aprox)

[Ravi_S]

Casper

Look at the way I've interpreted SAIL... I"ve taken spot Chart... If you have a close look, there is another trend line drawn below your line... which forms another symmetrical triangle. However, if you see there is a
also a good H&S pattern and the neckline has already been broken... There is a good 14 points to be taken below the breakout which is at 180.. This is also the previous low formed on Nov 25. Let me know your thoughts.

Regards
Ravi

[casper]

Yes ravi sir,

This is very much possible, in fact for target projection, the triangle u mentioned is more appropriate than mine

i did not posted it because, in case of a BD from this triangle, the BD will come some what, from the middle part of the triangle, not from the tip, which we usually get.so the pattern would look some what flattened, (which would not be a classical pattern also) otherwise, no problem with this pattern at all!!

along with that ST, i am posting the H/S version of the chart also. did u mean this one?

it is a little slopped up but looks like the 178 level or the lower trend line(neck line in case of h/s) holds the key of further moves

[Allwell]

Hi, Casper,

love to know ur view on Bajaj Auto and Tata Motors

[casper]

[ali522003]

casper bhai,, deperately waiting for yoour tomorrow's calls..
All the best and gud nyt.. See you tomorrow with lots of accuracy ... Bye bye

[casper]

[casper]

some stock, which can be considered for todays trading

1.IDFC: i already posted its details in reply to VISHAL.(mr.vishal_g)

2.ABB: a DT in 60 min tf, but we have + div in smaller tf. i expect it to go up. we can sell it only with break down

3.ALBK: looks like nvk. i am not confirm, but will try to buy it if it goes up. sl should be a few rupees below the double bottom

4.TVSMOTOR: price is almost on the monthly support. and we have + div. it can go up to 65 before going down again

5.STAR: looks like nvk case again. cmp is 419. i expect it to go up to 430 atleast

6.HDFCBANK: dt in 60 min but + div in smaller tf, we will sell only if it breaks down from 2260 level

[Allwell]

Thanks Casper,

again for ur detailed reply

[ali522003]

CASPER BHAI PLEASE POST THE VALUES DEAR.. I M INTRESTED IN IDFC, ALBK, TVS MOTOR

[casper]

hi all specially ali bhai

what i planned is not happening in the market

we had a 75 pts down move in nifty

we could sell hdfcbank/abb and some other stocks

but personally i did not. i expected some pull back and i see nifty is pulling back

it was 75 pts down, now it is 41 pts down, already pulled back 30 pts,

this kind of high volatility in injurious to health

so i am waiting to enter the trade, i hope by the hourly candle close i will be able to start trading. im still waiting here

once i find out something which i could trade, i will start posting all of its concerned levels, right now, i am just waiting in the side line

[ali522003]

I'LL ALSO PREFER TO WAIT THEN,, whereas your idfc is reslly looking good to me. albk had broken the double bottom.
so confused.
do notify if you trade something

[casper]

i am watching IDFC and STAR

both are pulling back


idfc needs a grren candle above 168 level and star needs to close above its open=high price 420(420!!!!!)

then only we can buy

[ali522003]

Idfc buy karo to bolna bhai .. will go for it. i dont hav charts so cant see the candles.

[casper]

i will update u ali bhai, dont worry