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trendline

 
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Author trendline
seshareddy
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Joined: 06 Jan 2009
Posts: 95
Post: #1   PostPosted: Wed Nov 24, 2010 4:44 am    Post subject: trendline Reply with quote
HI ALL

have a look on weekly chart trendlines

this week doji candle may creat something

seshareddy

jcharts.png
 Description:
4786 to 5356 long trendline is support if goes below 5822 only fresh short will come
 Filesize:  18.78 KB
 Viewed:  351 Time(s)

jcharts.png
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WILL2WIN
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Joined: 05 Mar 2010
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Post: #2   PostPosted: Wed Nov 24, 2010 6:52 am    Post subject: Reply with quote
Seshaji the weekly candle is in the process of formation. Can it be considered a doji as yet Question
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WILL2WIN
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Joined: 05 Mar 2010
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Post: #3   PostPosted: Wed Nov 24, 2010 7:02 am    Post subject: Reply with quote
On daily TF the formation of a strong hammer needs bullish confirmation today.But will it get support in doubtful world markets. I'm a newbie..... Idea
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seshareddy
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Joined: 06 Jan 2009
Posts: 95
Post: #4   PostPosted: Wed Nov 24, 2010 8:02 am    Post subject: Reply with quote
HI will2win

generally long length trendline will works particularly in weekly and monthly charts just one guess let us c in the real game

seshareddy
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kanna
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Joined: 03 Jan 2010
Posts: 91
Post: #5   PostPosted: Wed Nov 24, 2010 10:51 am    Post subject: Reply with quote
sesha sir,

if you have posted this before, atleast i would have booked my shorts near the low. i booked at 5855 only; missed 50 pts.

hahahaha 24

but very good observation.
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