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Candle Stick Pattern - What It's Telling You

 
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rk_a2003
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Joined: 21 Jan 2010
Posts: 2734

Post: #1   PostPosted: Tue Jan 17, 2012 8:01 pm    Post subject: Candle Stick Pattern - What It's Telling You Reply with quote

Look at the Central Bank EOD Chart....Which is self explanatory.


2012Jan17_CENTRAL BANK_EOD.png
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rk_a2003
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Joined: 21 Jan 2010
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Post: #2   PostPosted: Wed Jan 18, 2012 8:00 pm    Post subject: Reply with quote

Updating Central bank.The Short position taken around 78 was in profit.Central Bank closed around 75.Set TSL cost to cost for a next target of 73.20. All figures are with reference to Cash.

You may observe that the high of 82.40 shown in NSE is a freak trade and was not in tick list.Actual trade pattern in NSE was no way different from BSE.



2012Jan18_CENTRAL BK_EOD.png
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chetan83
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Joined: 19 Feb 2010
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Post: #3   PostPosted: Wed Jan 18, 2012 10:22 pm    Post subject: Reply with quote

rk_a2003 wrote:
Updating Central bank.The Short position taken around 78 was in profit.Central Bank closed around 75.Set TSL cost to cost for a next target of 73.20. All figures are with reference to Cash.

You may observe that the high of 82.40 shown in NSE is a freak trade and was not in tick list.Actual trade pattern in NSE was no way different from BSE.


Hi Rk,

You are doing a gr8 job 2guns , all the best for RIL...picture wud be clear by tomorrow, as RIL will announce its result on Friday...and I guess they will do tht after market hours....still as per sources RIL qtrly result wud be in -ive compared to last YOY....

Chetan.
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