| View previous topic :: View next topic |
| Author |
Jubilant Food - On Hourly Charts |
PrashantSarnaik
White Belt
Joined: 02 Dec 2010
Posts: 26
|
Post: #1  Posted: Sat Sep 10, 2011 5:28 pm Post subject: Jubilant Food - On Hourly Charts |
 |
|
Dear Guys
Attaching herewith Jubilant Food on Hourly charts. The stock is in uptrend since months hit 1000 and is coming back. On hourly I see a nice breakdown from a triangle (flag) with increased volume and open interest. The pole is there @ the top and target is 860 as per pole and flag.
Any other view by fellow ichartian.
Thanks and regards
Prashant D Sarnaik
| Description: |
|
| Filesize: |
47.91 KB |
| Viewed: |
590 Time(s) |
|
|
|
| Back to top |
|
 |
|
|
|
veerappan
Expert
Joined: 19 Dec 2007
Posts: 3680
|
| Post: #2 Posted: Sat Sep 10, 2011 6:13 pm Post subject: |
|
|
its just hanging on veeras [veernoccia] number 926..... any thing closes above then ? or below.... just play intra..... getting 40-30 pts on either side... carry that side.... base number of 926.... 
|
|
| Back to top |
|
|
ramamoorthi
White Belt
Joined: 08 May 2011
Posts: 101
|
| Post: #3 Posted: Sat Sep 10, 2011 6:50 pm Post subject: |
|
|
Dear veerunocci annna...
next week nifty range plz ( kaalai aatam , karadi aatam plz )
ramamoorthi
|
|
| Back to top |
|
|
singh.ravee
Yellow Belt
Joined: 12 Aug 2010
Posts: 678
|
| Post: #4 Posted: Sat Sep 10, 2011 8:59 pm Post subject: Re: Jubilant Food - On Hourly Charts |
|
|
| PrashantSarnaik wrote: | Dear Guys
Attaching herewith Jubilant Food on Hourly charts. The stock is in uptrend since months hit 1000 and is coming back. On hourly I see a nice breakdown from a triangle (flag) with increased volume and open interest. The pole is there @ the top and target is 860 as per pole and flag.
Any other view by fellow ichartian.
Thanks and regards
Prashant D Sarnaik |
Prashant,
Neither its a flag nor a triangle.
thanks and regards
ravee
|
|
| Back to top |
|
|
casper
Green Belt
Joined: 02 Oct 2010
Posts: 1315
|
| Post: #5 Posted: Sat Sep 10, 2011 9:04 pm Post subject: Re: Jubilant Food - On Hourly Charts |
|
|
| PrashantSarnaik wrote: | Dear Guys
Attaching herewith Jubilant Food on Hourly charts. The stock is in uptrend since months hit 1000 and is coming back. On hourly I see a nice breakdown from a triangle (flag) with increased volume and open interest. The pole is there @ the top and target is 860 as per pole and flag.
Any other view by fellow ichartian.
Thanks and regards
Prashant D Sarnaik |
no mr sarnik
according to my views, it does not look like a flag
due to dow's fall, we are almost sure to open with a gap down, and then what will happen only god knows, otherwise, i would like to buy this stock, for intra to btst [ believe me, i would surely buy if it were not a international situation, i will still buy if this stock opens flat]
ps- i have sent u a "pm" plz check that
|
|
| Back to top |
|
|
peace69
White Belt
Joined: 27 Aug 2009
Posts: 113
|
| Post: #6 Posted: Sun Sep 11, 2011 1:36 pm Post subject: |
|
|
| although i'm not sure 'bout near term outlook; eod 34 EMA testing & on w'ly, it's bearish engulfing & also class A bearish div on RSI. more on neg sd imo. regards
|
|
| Back to top |
|
|
PrashantSarnaik
White Belt
Joined: 02 Dec 2010
Posts: 26
|
| Post: #7 Posted: Sun Sep 11, 2011 7:09 pm Post subject: Re: Jubilant Food - On Hourly Charts |
|
|
| casper wrote: | | PrashantSarnaik wrote: | Dear Guys
Attaching herewith Jubilant Food on Hourly charts. The stock is in uptrend since months hit 1000 and is coming back. On hourly I see a nice breakdown from a triangle (flag) with increased volume and open interest. The pole is there @ the top and target is 860 as per pole and flag.
Any other view by fellow ichartian.
Thanks and regards
Prashant D Sarnaik |
no mr sarnik
according to my views, it does not look like a flag
due to dow's fall, we are almost sure to open with a gap down, and then what will happen only god knows, otherwise, i would like to buy this stock, for intra to btst [ believe me, i would surely buy if it were not a international situation, i will still buy if this stock opens flat]
ps- i have sent u a "pm" plz check that |
Dear Casper,
I never trade on hourly or 30 min or 5 min charts. Its my weakpoint and know it very well. I trade on the EOD charts. I entered JF (shorted) @ 945 as it gave a clear signal (bearish engulf), RSI, Stoc, MACD are also on the same side i.e. SELL. I am still holding short position in JF and will cover it once I see a change in trend. I use intraday charts to keep in touch with my position in F&O. My target for JF on EOD basis is around 870 to 850 and I will move my stop loss accordingly.
As far as the hourly chart of JF is concerned on Friday last half hour it broke with good volume, and I have moved my SL to breakeven. I will again take a look @ my posted chart & will comment later.
Lastly its been gr8 people are commenting on my chart, so I am writing the papers and good examiners are checking it !!!!
|
|
| Back to top |
|
|
veerappan
Expert
Joined: 19 Dec 2007
Posts: 3680
|
| Post: #8 Posted: Mon Sep 12, 2011 1:10 pm Post subject: |
|
|
| pizza boy gone wooooooooooooo gone with wind...926 theory rocked
|
|
| Back to top |
|
|
ronypan
White Belt
Joined: 07 Aug 2010
Posts: 197
|
| Post: #9 Posted: Mon Sep 12, 2011 8:27 pm Post subject: |
|
|
| Pizza boy had faced the same problem with 1026(Special Number) on top in JublFood..
|
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
