| View previous topic :: View next topic |
| Author |
a layman's approach to break out and break down |
ronypan
White Belt
Joined: 07 Aug 2010
Posts: 197
|
Post: #2701  Posted: Mon Jun 06, 2011 12:22 pm Post subject: |
 |
|
casper sir.. needed help
what should i do on mrpl now??
| Description: |
|
| Filesize: |
117.89 KB |
| Viewed: |
309 Time(s) |
|
|
|
| Back to top |
|
 |
|
|
|
casper
Green Belt
Joined: 02 Oct 2010
Posts: 1315
|
|
| Back to top |
|
|
ronypan
White Belt
Joined: 07 Aug 2010
Posts: 197
|
| Post: #2703 Posted: Mon Jun 06, 2011 1:38 pm Post subject: |
|
|
Thanks bro..
| casper wrote: | | ronypan wrote: | casper sir.. needed help
what should i do on mrpl now?? |
from when u started calling me sir???? 
we are brothers
as per chart, see its cup and handle and very nice pattern (i have drawn the tl a lil slopped down to fit in the bill  )
c/h or pure rounding bottom is more of an investors pattern as it would give u gradual moves, if it sustain above bo level, then we can expect 90 aprx |
|
|
| Back to top |
|
|
beowulf
White Belt
Joined: 18 Aug 2010
Posts: 163
|
| Post: #2704 Posted: Tue Jun 07, 2011 12:34 am Post subject: |
|
|
Hi Ronypan,
Nice find...Attached are a couple of fib charts. Casper bhai and other ichartians, please let me know if my approach looks ok.
The price seems to have breached a long term resistance of around 75. I expect some kind of pullback to 73-74. If this happens it can be a good time to enter with a SL of 66.
Any corrections/feedback to the analysis above..?? Excuse the untidy lines in chart 1 
Thanks,
Beo
modified
| Description: |
|
| Filesize: |
82.42 KB |
| Viewed: |
322 Time(s) |
|
| Description: |
|
| Filesize: |
70.54 KB |
| Viewed: |
316 Time(s) |
|
Last edited by beowulf on Tue Jun 07, 2011 8:42 am; edited 1 time in total |
|
| Back to top |
|
|
casper
Green Belt
Joined: 02 Oct 2010
Posts: 1315
|
| Post: #2705 Posted: Tue Jun 07, 2011 8:36 am Post subject: |
|
|
1. buy ranbaxy above 541 target 545-550
2.sell m&m below 650 target 645,640,635,
3. buy renuka above 63 target 64-65-66
all are eod charts (in fact now a days i am posting on eod mostly) plz use them as btst
beo, i will check and update, in a cursory view i could not find resi at 75, will check minutely and update u
|
|
| Back to top |
|
|
ronypan
White Belt
Joined: 07 Aug 2010
Posts: 197
|
| Post: #2706 Posted: Tue Jun 07, 2011 9:06 am Post subject: |
|
|
Ya it is... But Its good to take entry but SL should be around 71.. No Need to wait for too long... Because In bear market break even failure rate is max 7%..
Its just my view.. and Other experts r there to comments on...
| beowulf wrote: | Hi Ronypan,
Nice find...Attached are a couple of fib charts. Casper bhai and other ichartians, please let me know if my approach looks ok.
The price seems to have breached a long term resistance of around 75. I expect some kind of pullback to 73-74. If this happens it can be a good time to enter with a SL of 66.
Any corrections/feedback to the analysis above..?? Excuse the untidy lines in chart 1
Thanks,
Beo
modified |
|
|
| Back to top |
|
|
casper
Green Belt
Joined: 02 Oct 2010
Posts: 1315
|
| Post: #2707 Posted: Tue Jun 07, 2011 9:13 am Post subject: |
|
|
this is the simplest version i could find
one long term tl is gone and another is the target, a 3rd class adx ensures that we keep our nail biting all the way.......
| Description: |
|
| Filesize: |
40.13 KB |
| Viewed: |
341 Time(s) |
|
|
|
| Back to top |
|
|
anand1234
Yellow Belt
Joined: 17 Jul 2010
Posts: 830
|
| Post: #2708 Posted: Tue Jun 07, 2011 9:34 am Post subject: |
|
|
| casper wrote: | in eod jp power is making a flag, see this picture , above 52 flag will fly high but ofcourse, monthly levels are there, around 53.75 in my chart,but i guess a spike move in eod (eod spike means nice move in real time) would come if it really go above 52
on the other hand, if it goes below 50.50 and stay, pattern will be gone
so anand da, plz see if it breaks below the intra day low of 50.45 and stay then exit, re enter above 52
ps:- eod adx is below 30, so at least today, i am expecting range bound movements here |
hi..........casper
asper u jppower is trading above 52...............wt will b the tgt for 1 week??................pls guide me
thanks
anand
|
|
| Back to top |
|
|
ronypan
White Belt
Joined: 07 Aug 2010
Posts: 197
|
| Post: #2709 Posted: Tue Jun 07, 2011 10:13 am Post subject: |
|
|
| casper wrote: | this is the simplest version i could find
one long term tl is gone and another is the target, a 3rd class adx ensures that we keep our nail biting all the way....... |
|
|
| Back to top |
|
|
casper
Green Belt
Joined: 02 Oct 2010
Posts: 1315
|
| Post: #2710 Posted: Tue Jun 07, 2011 10:14 am Post subject: |
|
|
| if we close today above 52 then may be 54-55 in 2-3 days,
|
|
| Back to top |
|
|
ronypan
White Belt
Joined: 07 Aug 2010
Posts: 197
|
| Post: #2711 Posted: Tue Jun 07, 2011 10:48 am Post subject: |
|
|
PRAJIND has positive move above 74.9..
| Description: |
|
| Filesize: |
92.86 KB |
| Viewed: |
319 Time(s) |
|
|
|
| Back to top |
|
|
sumesh_sol
Brown Belt
Joined: 06 Jun 2010
Posts: 2344
|
| Post: #2712 Posted: Tue Jun 07, 2011 11:02 am Post subject: SUNPHARMA |
|
|
SUNPHARMA ..60tf
*****************
Took BO on 60tf..
Now it can reach upto 492/503
| Description: |
|
| Filesize: |
18.01 KB |
| Viewed: |
296 Time(s) |
|
|
|
| Back to top |
|
|
anand1234
Yellow Belt
Joined: 17 Jul 2010
Posts: 830
|
| Post: #2713 Posted: Tue Jun 07, 2011 11:10 am Post subject: Re: SUNPHARMA |
|
|
| sumesh_sol wrote: | SUNPHARMA ..60tf
*****************
Took BO on 60tf..
Now it can reach upto 492/503 |
hi.......sumesh
any s/l??
thanks
anand
|
|
| Back to top |
|
|
sumesh_sol
Brown Belt
Joined: 06 Jun 2010
Posts: 2344
|
| Post: #2714 Posted: Tue Jun 07, 2011 11:12 am Post subject: Re: SUNPHARMA |
|
|
| anand1234 wrote: | | sumesh_sol wrote: | SUNPHARMA ..60tf
*****************
Took BO on 60tf..
Now it can reach upto 492/503 |
hi.......sumesh
any s/l??
thanks
anand |
SL- 480
|
|
| Back to top |
|
|
casper
Green Belt
Joined: 02 Oct 2010
Posts: 1315
|
| Post: #2715 Posted: Wed Jun 08, 2011 8:37 am Post subject: |
|
|
1. buy abirlanuvo future above 920 target 925-930-935
2.buy biocon above 363 target 368-370-375
3.buy bomdyeing above 374 target 380-385-390
4. buy dlf above 236 target 240-245-250
|
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
