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| Discuss New Intermed Uptrend!! at the Position Trading Stocks within the Traderji.com - Discussion forum for Stocks Commodities & Forex; hi saint, got any tips for today ragh_ash... |
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#482
2nd September 2005, 09:20 AM
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Re: New Intermed Uptrend!!
Quote:
Again nice find.......it's in an ascending triangle.For the "bottom"line,connect the June 2003 lows to June 2004 levels to present bottom.Like in any ascending triangle,the proper method is to wait for a breakout and buy on pullback.Another way is to buy while breaking out .once the 160 levels are taken out........or you could buy some here in anticipation of a breakout and add later on breakout,but like what I said yesterday,be prepared to wait for a while.That's the downside.The upside is you'll get the whole breakout when it happens.So depends on your way of thinking...... All the best!! Saint 
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#483
2nd September 2005, 09:25 AM
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Re: New Intermed Uptrend!!
JBF INDS :Looks interesting......long consolidation,now getting ready to resume its uptrend.Vol coming in yesterday.......over yesterday's high of 83.7,looks good with a stop loss of 72.
Happy Trading!! Saint
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#484
2nd September 2005, 09:32 AM
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Re: New Intermed Uptrend!!
Hi Saints
Thanks again. With each of your post I learn something new. I have been looking at short time spans. Now I realize that looking at a wider time span gives a much broader picture. regards karthik
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#485
2nd September 2005, 09:38 AM
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Re: New Intermed Uptrend!!
Quote:
what is entry point now for JBF ragh_ash
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#488
2nd September 2005, 03:22 PM
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Re: New Intermed Uptrend!!
Thx for TATa POWER......nice move!!
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#490
2nd September 2005, 04:32 PM
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Re: New Intermed Uptrend!!
Hi Saint
It's regarding FourSoft. You may be remembering that i took it at 83.5. At that time i have set a target of 104 for it. Today it reached till 105 and than dropped to 101.5 at close. Now if i should book profit on monday or there is still steam left in it. regards Neeraj
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Re: New Intermed Uptrend!!
