Home
Option Tools
Services Offered
My Services
Contact Us
Charts
Charts (Premium)
Chart Watch
JCharts (EOD)
JCharts(EOD-COMM)
HCharts (EOD)
HCharts (EOD-COMM)
Forum
Stock Lists
Screener (EOD)
Screener (EOD-Comm)
Breadth Charts
Calculators
Education
Links
FAQs
Advertise Here
Charts (Old)
Login Form





Lost Password?
No account yet? Register
  iCharts Discussions

 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

dhanlaxmi bank

 
Post new topic   Reply to topic    iCharts Discussions Forum Index -> Chart Watch
View previous topic :: View next topic  
Author dhanlaxmi bank
Rahulsharmaat
Black Belt
Black Belt


Joined: 04 Nov 2009
Posts: 2766

Post: #1   PostPosted: Tue Jun 04, 2013 8:21 pm    Post subject: dhanlaxmi bank Reply with quote

Can anyone advice --is this a right set--up


dhan.jpg
 Description:
 Filesize:  349.64 KB
 Viewed:  699 Time(s)

dhan.jpg


Back to top
View user's profile Send private message
vinay28
Black Belt
Black Belt


Joined: 24 Dec 2010
Posts: 11748

Post: #2   PostPosted: Tue Jun 04, 2013 8:24 pm    Post subject: Re: dhanlaxmi bank Reply with quote

Rahulsharmaat wrote:
Can anyone advice --is this a right set--up


why not rahul. But check for entry point (5) green candle with >av volume.
Back to top
View user's profile Send private message
Rahulsharmaat
Black Belt
Black Belt


Joined: 04 Nov 2009
Posts: 2766

Post: #3   PostPosted: Tue Jun 04, 2013 8:29 pm    Post subject: Reply with quote

thanks Vinay

Point 5 means-- the overshoot-- or it has to come again in channel
Back to top
View user's profile Send private message
vinay28
Black Belt
Black Belt


Joined: 24 Dec 2010
Posts: 11748

Post: #4   PostPosted: Tue Jun 04, 2013 8:41 pm    Post subject: Reply with quote

Rahulsharmaat wrote:
thanks Vinay

Point 5 means-- the overshoot-- or it has to come again in channel


yes it has to pierce the lower TL (1-3 line) with a green candle with high volume. Volume is not visible clearly on the chart. May be you should look at weekly chart (if this is daily otherwise much higher tf) and see whether such a ww exists. I feel it may.

Only thing is point 3 is not below 1. But it may still work.
Back to top
View user's profile Send private message
Rahulsharmaat
Black Belt
Black Belt


Joined: 04 Nov 2009
Posts: 2766

Post: #5   PostPosted: Tue Jun 04, 2013 8:49 pm    Post subject: Reply with quote

thanks

its on weekly chart also -- volume was at 48-- from where it dipped down to 38--- lets see- above--1--3 line means its 44 area--with volume---
Back to top
View user's profile Send private message
vinay28
Black Belt
Black Belt


Joined: 24 Dec 2010
Posts: 11748

Post: #6   PostPosted: Tue Jun 04, 2013 8:55 pm    Post subject: Reply with quote

I checked it just now on daily and weekly. I feel it just might go to 35-36 before reversing and giving an entry in which case entry level will also go down. But limit target to 80-85 instead of 90. The good thing is +ve div on both daily and weekly.
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    iCharts Discussions Forum Index -> Chart Watch All times are GMT + 5.5 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You can attach files in this forum
You can download files in this forum


Powered by phpBB © 2001, 2005 phpBB Group

@MEMBER OF PROJECT HONEY POT
Spam Harvester Protection Network
provided by Unspam