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| Discuss tatasteel elliot wave : seems it can outperform sensex in next couple of months at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; hi all people, i am very happy to present you the elliot waves on tisco. ... |
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#1
16th December 2006, 08:50 AM
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tatasteel elliot wave : seems it can outperform sensex in next couple of months
hi all people,
 i am very happy to present you the elliot waves on tisco. see the chart and every thing is clear. Final 5 of tisco got completed long back and now it is in final leg C of correction. Let it complete and see the results it would give you within one year horizon. caution : if this correction breaks the trough of wave 4 or peak of wave 1 ie. if it goes below 311 on weekly basis, whole bull structure can be at threat.  but chances are very remote of this happening. thanxs  winston Last edited by winstonn; 15th January 2008 at 08:27 PM. 
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#2
16th December 2006, 10:07 AM
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Re: tatasteel elliot wave : seems it can outperform sensex in next couple of months
Dear,
[Same question i had posted in the thred fundamental picks] i am a new trader Kindly advise about the following. 1. Money control.com is giving hourly gainers and lossers list every day. Can u pls suggest how it wil be helpful for day traders? is it possible to forcast the next movement with thease information? (1) If A sharp upmove of a stock during the last trading hours, normally what it means? is it advisable to believe that the trend will follow the next day? 2. Money control.com is giving end of day buyers only / sellers only data a. for eg: if a stock showing around 15000 bids at the end of the day with no offers. Can we assume that the demand is more and supply is less hence will lead to a good up move of the stock for next day? and vice versa for stock with sellers only? looking for your reply thanx & rgds babs
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#3
16th December 2006, 11:16 AM
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Re: tatasteel elliot wave : seems it can outperform sensex in next couple of months
Quote:
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#4
16th December 2006, 11:21 AM
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Re: tatasteel elliot wave : seems it can outperform sensex in next couple of months
Quote:
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#5
16th December 2006, 11:31 AM
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Re: tatasteel elliot wave : seems it can outperform sensex in next couple of months
hi babs,
imagine you have daughter. she falls sick and rush to a doctor. Now doctor asks you about the symptoms she is facing? can doctors analysis be right? may be or not? but when doc examines your daughter , he can be sure wht she is suffering. Again, the greatest MD also cant tell when your daughter would fall sick next time. Only when she does show signs , we will know that she is sick same here in markets. dont trade 5 min time frame, dont go on open put/call ratio , A/Dline, or bid qt etc. Pay primary attention to price patterns not technical indicators. i suggest you to apply min of 20 min time frame to any chart and take the trade according to breakouts and chart patterns. Keep stop in place always. breaouts from 15 min chart on nifty future are very profitable. so depending on entry and exit you could hold your trade from one day upto 3-4 days. visit : www.icharts.in for 5 to 30 min charts live. it's free. thanxs winston
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#7
16th December 2006, 12:27 PM
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Re: tatasteel elliot wave : seems it can outperform sensex in next couple of months
tata steel looks very interesting. i will surely buy it at mid 300's if it ever comes there. good fundamentals too
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#9
16th December 2006, 01:36 PM
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Re: tatasteel elliot wave : seems it can outperform sensex in next couple of months
i hv visitedwww.icharts.in
kindly educate that how to open intraday chart for the day ? its giving 3 months charts thanx babs
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#10
16th December 2006, 01:56 PM
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Re: tatasteel elliot wave : seems it can outperform sensex in next couple of months
hi babs,
register there. login then click on j charts java enabled charts will appear for nifty and other stocks. choose time frame and periods. thanxs winston
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