iCharts Discussions

SwingTrader

On NF I am bullish as long as it is above BULL. NF has opened in the BULL-R1 band. Above R1 we can see further higher prices.

SwingTrader · Posted: Fri Oct 01, 2010 11:17 am Post subject:

6151 is a resistance on the way to R3 (6188).

dilesh · White Belt Joined: 09 Aug 2008 Posts: 73

SwingTrader · Posted: Fri Oct 01, 2010 1:15 pm Post subject:

SwingTrader · Posted: Mon Oct 04, 2010 9:14 am Post subject:

NF has opened in the BULL-R1 band, strong resistance here....if NF breaks below bull then the key EMAs (34 is near LOC / 89 is in the bear-s1 band) below could be tested. Above R1 we could see higher prices.

SwingTrader · Posted: Tue Oct 05, 2010 9:10 am Post subject:

05.10.2010

NF has opened between LOC & BEAR. It will be bullish above LOC (89 EMA also is around LOC), move up will accelerate above BULL. Below BEAR the down move gains strength.

dilesh · White Belt Joined: 09 Aug 2008 Posts: 73

Hi ST Sir,
Got a good Short trade from BULL to 89EMA Very Happy

Regards,
Dilesh

SwingTrader · Posted: Tue Oct 05, 2010 12:15 pm Post subject:

SwingTrader · Posted: Thu Oct 07, 2010 9:22 am Post subject:

07.10.2010

NF hit resistance around LOC and is now down below 89 EMA (which is flat). Significant support at BEAR. So a break below bear or a break above LOC would indicate any significant trend developing. Until then it is sideways between LOC & BEAR.

dilesh · White Belt Joined: 09 Aug 2008 Posts: 73

ST Sir,
Today I find trading in some stocks looks good than NF. BHARTIARTL can go very bullish, just after it crosses R1 now.

Regards,
Dilesh

SwingTrader · Posted: Thu Oct 07, 2010 10:07 am Post subject:

SwingTrader · Posted: Fri Oct 08, 2010 9:07 am Post subject:

08.10.2010

NF now in bearish mode until it crosses R1 decisively and stays above it (89 EMA also is, at the moment, around R1 level). Will think of going long only above R1. Until then rallies are shortable.

SwingTrader · Posted: Fri Oct 08, 2010 12:40 pm Post subject:

NF near S1....if it has to reverse to the upside then it has to be from here (BEAR-S1) band, if it continues to fall then the next reversal may be around S3.

SwingTrader · Posted: Mon Oct 11, 2010 10:05 am Post subject:

11.10.2010

NF is currently in the BULL-R1 band. A move above R1 will take us up, a move below BULL we may see lower prices only after LOC breaks.

SwingTrader · Posted: Mon Oct 11, 2010 10:24 am Post subject:

NF at 34 & 89 EMA confluence. 89 EMA on 15 mins also is around this area. If NF has to reverse this is a good area. A break below this area and then a break of LOC can be very bearish for the near term.