Trading With Chart Pattern

[Ajax]

Hi all

Sorry for intruding in..
But I follow patterns so poking my nose in here

See hourly Gatway Dist chart . Has a Gartley pattern followed by
triangle.....>>>>
Breakout above upper Tline ..>>. minimum 35 RS upside

Regards
Ajax

 

[uasish]

Where is the Gartley ?

 

[Ajax]

;Hi uasish

Relook @ the chart
Got it... Keep eyeballing ... eyeballing.... eyeballing (charts & gals)
U will be amazed @ ur discoveries
Regards
Ajax

 

[Niranjanam]

Hello Friends

Suzlon , Is this a cup and handle pattern ? Kindly advise

Regards
Niranjanam

 

[Ajax]

Hi Niranjanam

Just modified ur chart.. Yes looks like a cup.. Handle will form if it retraces
further (say along blue channels).. I can also see H&S pattern. Set ur targets.
What u are witnessing is an uptrend (see grey line) with a pull back at present.

If u r already in. Just ride along.......
Regards
Ajax

 

[Niranjanam]

Thank You, Ajax.

Niranjanam

 

[kenneth]

Ticker Date/Time Close Profit target Change% Vol BullBreak Pattern
UNITECH 07/12/2007 572.650 602.13 5.61 5563601 bullish Breakout Up Channel
BHEL 07/12/2007 1642.000 1713.01 4.21 1046294 bullish Breakout Up Channel
JSWSTEEL 07/12/2007 688.250 717.43 3.02 720007 bullish Breakout Up Channel
JUBILANT 07/12/2007 316.150 338.19 7.42 68376 bullish Breakout Wedge
MUKTAARTS 07/12/2007 91.850 101.43 0.38 11693 bullish Breakout Down Channel
ORIENTBANK 07/12/2007 254.600 266.77 5.21 792302 bullish Breakout Broadening Wedge
PATELENG 07/12/2007 471.150 507.75 7.35 434958 bullish Breakout Up Channel
PATNI 07/12/2007 522.350 560.90 3.12 1486620 bullish Breakout Down Channel
REL 07/12/2007 669.100 713.54 6.90 4699788 bullish Breakout Up Channel
RIIL 07/12/2007 558.000 590.44 10.00 361952 bullish Breakout Up Channel
RKFORGE 07/12/2007 146.800 160.70 2.02 8524 bullish Breakout Down Channel
SOUTHBANK 07/12/2007 150.850 164.01 7.79 1039402 bullish Breakout Up Channel

 

[uasish]

;Hi uasish

Relook @ the chart
Got it... Keep eyeballing ... eyeballing.... eyeballing (charts & gals)
U will be amazed @ ur discoveries
Regards
Ajax

Ajax ,
You must have verified these ratios.
From 201 to arrow's 0.618 would be arrow to upchannel.
From arrow to up channel 's (1.27 to 1.618) would be arrow to g,if so then i missed the Gartley.True eyeballing has to be trained.

Asish

 

[soumya_b]

A Rising Wedge Has Been Forming. A Downward Breakout
May Take It To 5070. An Upward Breakout Has A Target of 7100.

 

[soumya_b]

Double Top Is Forming In Hourly Chart of GBN Future.
If Breaks 1150 Target Will Be 1025.