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| Discuss Auto Ind ---Head $ Sh buy triggered at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hello friends, See the chart below: AutoInd. Time frame: Daily. Technicals: 1)Inverse H$S ... |
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#1
30th December 2007, 09:12 AM
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Auto Ind ---Head $ Sh buy triggered
Hello friends,
See the chart below: AutoInd. Time frame: Daily. Technicals: 1)Inverse H$S neckline breaked. 2)Hence Ross Hook Formed. 3)This Ross Hook breaked yesterday. 4) Tried to pierce 200EMA, failed, than 2nd time did it with good volumes. Buy levels: Buy around 220 zone. Stop : below 190 on closing basis. Target: 360 ( hey this target is not based on typical HS ) See ya, Winston Last edited by winstonn : 15th January 2008 at 08:25 PM. 
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#2
30th December 2007, 09:34 AM
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Re: Auto Ind ---Head $ Sh buy triggered
Hey thnx Winston ,,, will keep a tab on this one ,, mirc elec was very good , hope this one also does well
 ,, hey btw I read somewhere that u do technicals with ur college studies , thats very impressive  ,,,, hey btw im doing my final year chartered accountancy and am interested in learning technical analysis ,,, any book that u could suggest for starters ,,, thnx
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#3
30th December 2007, 09:47 AM
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Re: Auto Ind ---Head $ Sh buy triggered
hi,
as a start , you can read very basic book: 1) Timing Market by Curtis Arnold then go for: 2)technical analysis of stock trends by Robert Edwards and John Magee 3) Marting Pring 4) Joe Ross ( google it to download) these all will be avery good start. Seeya
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#5
30th December 2007, 07:44 PM
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Re: Auto Ind ---Head $ Sh buy triggered
Winstonn,
Thanks a lot for your books... Cheers, Nagendra
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