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| Discuss Bearish Gartley on Nifty at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; This is a pattern called Gartley forming on Nifty. To what it is like just ... |
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#1
31st December 2006, 04:08 PM
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Bearish Gartley on Nifty
This is a pattern called Gartley forming on Nifty.
To what it is like just look at the other charts. Thanks EXPLANATIONS apolo hostpital Gartley http://ifs3.imagefly.info/v/d0/png/a...20Gartley.html gartley1 http://ifs3.imagefly.info/v/0c/png/gartley1.html Gartley on NIfty http://ifs3.imagefly.info/v/0c/png/G...on20NIfty.html What is a Gartley http://ifs3.imagefly.info/v/05/png/gartley.html Last edited by swagat86; 3rd February 2007 at 12:22 AM. 
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#5
1st January 2007, 01:55 AM
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Re: Bearish Gartley on Nifty
Its a very Strong Reversal pattern. In this case it can be a reversal in the Up move which has begun after the fall. CAutious. Just search for Gartley in 4Shared.
happy new year TO U 2
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#6
2nd January 2007, 07:50 PM
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Re: Bearish Gartley on Nifty
ok the pattern is in place....what value of nifty would constitute a failure of the pattern? .......going / closing above 4036 ?
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#7
2nd January 2007, 10:12 PM
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Re: Bearish Gartley on Nifty
Quote:
Thanks R.S.Iyer
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#8
2nd January 2007, 10:21 PM
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Re: Bearish Gartley on Nifty
Hi RSI, here's the Link.
http://www.************/network/searc...ntion=&start=0 For AFL's and Metastock Formulas http://www.traderji.com/amibroker/10...tion-afls.html Im unable to Code these into proper formulas.Gettin a lot of Errors. Hope some one will work them out. Hi kannamthanam, i dont think trading just on the basis of this Pattern wud work. Use a Filter like ADX or break of a Major support to Short. I believ we'r in the 5th wave, so sooner or later it will come. Although im not an Wavist but still cant predict 5th wave. Look for Divergences, ul Know wen it will come. Bets Wishes
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#10
3rd January 2007, 06:31 PM
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Re: Bearish Gartley on Nifty
Good find buddy @ Swagat ,..
But one thing to be considered over here is that ,.. if nifty is able to sustain over 4036 for 3 days ,.. it will definately create a failure in gartley pattern. And i dont think the base of 3960 is to be penetrated so easily. Anyways ,.. lets see what comes next in the market... Regards,.. Darsh
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