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chart Patterns |
vishytns White Belt
Joined: 26 Nov 2009 Posts: 206
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Post: #1 Posted: Mon Nov 01, 2010 10:01 pm Post subject: chart Patterns |
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All,
I am a newbie. In the process of learning techinicals and recognizing various chart patterns, i will be posting chart patterns here.
Please feel free to comment and correct me if I am wrong.
Anyone and every one can post the chart patterns they have come across.
Experts,
Please correct us if we are wrong. Lots of motivation is required for newbies to succeed. I hope seniours here would definetly provide us
To start with here is the first one.
Watch out : ACC
Chart Pattern : Symmetrical Triangle. |
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vishytns White Belt
Joined: 26 Nov 2009 Posts: 206
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Post: #2 Posted: Tue Nov 02, 2010 9:02 pm Post subject: Chart Patterns : Tata Steel - Ascending Triangle |
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Watch Tata Steel,
Formation of Ascending Triangle. There would be good upside if break out above 600 with good volumes. |
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casper Green Belt
Joined: 02 Oct 2010 Posts: 1315
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Post: #3 Posted: Tue Nov 02, 2010 9:35 pm Post subject: |
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hi, nice findings, but acc looks a lil bit expanded, i think it will take time to burst
is it a real time chart in tatasteel?? |
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vishytns White Belt
Joined: 26 Nov 2009 Posts: 206
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Post: #4 Posted: Tue Nov 02, 2010 9:43 pm Post subject: |
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casper,
15 minutes chart in tata steel.
ACC has already made achieved 50% of the target, after its break out, may be it takes time to gain another 50% of the target.
Thanks for your response. |
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vishytns White Belt
Joined: 26 Nov 2009 Posts: 206
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Post: #5 Posted: Tue Nov 02, 2010 10:49 pm Post subject: Chart Patterns : Ascending Triangle in Infosys technologies |
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Watch for break out with good volumes in Infosys tech. |
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