Friday, June 6, 2014

Nifty, having broken out of the consolidating channel @ 7425, making huge gains in uncharted zone.


12 comments:

Crorepathi said...

"perpetually positive...like Namo"
beautifully said STBSTB...I have eventually become positive
What's your name BTW?

shriram said...

a -WW has formed on BN Hr TA ...

http://prntscr.com/3q61qk

Bharat Kumar said...

@ Shriram - Target 15100 as stated by you earlier? And what'll be the SL?

deepak pinto said...

Learning points
Trade the price not the indicators alone
Trade the price behaviour at key reversal points and not the patterns alone
As indicators are chamelllions and change colour
As patterns are forming shapes and can morph.
Notice sir has marked iii at extreme top right corner indicating his assessment !
Thanks for ur untiring efforts sir

Raghavendra said...

Dear Ilango sir,

Request you to change the week pivot levels . Numbers are aligned to left. Week S1 above should be week pivot, week s2 above should be week s1 etc.

Pattern Trading said...

Good evening master and all blog amtes

Stock to look out for net week: CLICK HERE

BangaloreCash said...

Hello All,

This is my very first post in this Blog.
I wish you all very good Health and Wealth...

shriram said...

@ bharat: lets wait for price to go above 1-3-5 n then a close < 15610 approx wud trigger on hr TA... post trigg. Sl wud b 50 pts for Bn

Immortal said...

5 year long upward breakout and the origination point of the current trend happened after market broke out with a breakaway gap on 07/03/14 with gap up opening at 6414. It reached to its next point after rallying 600 points to create another runaway gap on 13/05/14 gap up opening above 7000 and now has it completed its ultimate target of another 600 points rally near 7600 by forming an exhaustion gap??

Ponder on the above only for analytical interest but for trading stick to your mechanical trading methods...Always remember traders have to make money first and your mechanical methods will ultimately provide you the right signals to act upon....All the best and happy trading!

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