iCharts Discussions

marne.vivek · Posted: Fri Dec 24, 2010 10:44 am Post subject: Tatamotor

HnS breakdown on 15 min chart

marne.vivek · Posted: Fri Dec 24, 2010 2:59 pm Post subject: Sintex

Sintex

marne.vivek · Posted: Mon Dec 27, 2010 9:57 am Post subject: EMA confluence comes to play...

Nifty EMA confluence comes to play, but low volume is a concern

marne.vivek · Posted: Mon Dec 27, 2010 10:17 am Post subject: Nifty 30 min flag bo

Nifty 30 min flag bo

marne.vivek · Posted: Mon Dec 27, 2010 10:20 am Post subject: SUNPHARMA EOD Breakout

SUNPHARMA EOD Breakout

marne.vivek · Posted: Mon Dec 27, 2010 10:39 am Post subject: JINDALSTEL

JINDALSTEL Inverted HnS

marne.vivek · Posted: Mon Dec 27, 2010 10:43 am Post subject: DLF 30 minutes chart

DLF 30 minutes chart

marne.vivek · Posted: Mon Dec 27, 2010 10:51 am Post subject: raymond

raymond 30 minutes flag bo possible...

marne.vivek · Posted: Mon Dec 27, 2010 2:50 pm Post subject: Nifty strucutre

0n 30 min the Higher top higher bottom structure in place. breaking trendlines key to reversal

nsinojia · Yellow Belt Joined: 21 Dec 2009 Posts: 624

nsinojia · Yellow Belt Joined: 21 Dec 2009 Posts: 624

rvg · White Belt Joined: 31 Oct 2006 Posts: 279

marne.vivek · Posted: Mon Dec 27, 2010 8:58 pm Post subject: Thanks

Hi RVG thanks for the kind words Smile

Ninja bhai yes that old chart is good.. Smile

possible yes.. I prefer the bearish alternative, but have I also like this of Sensex vs. 20 day AD ratio; which can be alternate case.

I like this case presented by Mr. Rohit Srivastav (one of India's top wave technician) on sensex vs. 20 AD ratio.

Here is the quote from him mail:
"A small 5 wave rally appears complete and wave ii may goto 19800
The 20day A/D ratio however is jumping out of a typical oversold reading associated
with several medium term bottoms [1-2 months] and so it does not support
a very bearish near term outlook in terms of sentiment, on the contrary
it should mean more upside is left in the near term."

Thanks both RVG and Ninjabhai for encouragement. Smile

marne.vivek · Posted: Mon Dec 27, 2010 9:46 pm Post subject: LICHSGFIN

LICHSGFIN:

Weekly chart of LICHSGFIN suggests more pain ahead. However long term trend suggests we are still in uptrend.
The current price is 939, would expect the retracement to last upto Rs. 700 to 600 zone. This is from a long term perspective and we need to monitor price action.

marne.vivek · Posted: Mon Dec 27, 2010 10:18 pm Post subject: LT Long term wave structure

LT Long term wave structure
refer comments on the Charts