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Technical

 
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Author Technical
NAREN50
White Belt
White Belt


Joined: 20 Jun 2008
Posts: 2

Post: #1   PostPosted: Fri Jun 20, 2008 4:48 pm    Post subject: Technical Reply with quote

I want to understand how to draw line and predict the chart
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Prodigy
White Belt
White Belt


Joined: 25 Aug 2008
Posts: 2

Post: #2   PostPosted: Mon Aug 25, 2008 8:01 pm    Post subject: Re: Technical Reply with quote

NAREN50 wrote:
I want to understand how to draw line and predict the chart


Naren,
It is not possible to predict something as complicated as the stock prices just by connecting various peaks, troughs, and anything of that sort and by extending this trend line. Practical implementation of such a technique is more likely to prove hazardous to your trading account than not. Smile
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