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| Discuss New Intermed Uptrend!! at the Position Trading Stocks within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by Saint Great going,Dhanya......you caught the breakout from that sideways consolidation(triangle) .....very nice.And ... |
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#3871
26th July 2007, 06:04 PM
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Re: New Intermed Uptrend!!
Quote:
Regards Raj 
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#3873
26th July 2007, 06:55 PM
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Re: New Intermed Uptrend!!
Quote:
 Raj
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#3874
26th July 2007, 07:11 PM
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Re: New Intermed Uptrend!!
Quote:
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#3875
26th July 2007, 09:45 PM
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Re: New Intermed Uptrend!!
I notice that ICICI is forming a ascending triangle on the weekly and which may have a breakout on the upside.
Saint, Could you please confirm and let us know entry/exit points.
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#3876
26th July 2007, 10:06 PM
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Re: New Intermed Uptrend!!
Hello Saint,
Today towards the market closing there was abnormal volume. E.g Rolta, Financial Tech and so many others. What does this signify. I mean - the volumes compared to the intraday volumes were significantly higher. Thanks Alok
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#3877
26th July 2007, 10:19 PM
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Re: New Intermed Uptrend!!
Quote:
Yep.........Buy the breakout over 1016(give it some room!),Short the breakdown below 880(break of previous pivot low and probably a breakdown from an asc triangle as well) Happy Trading! Saint
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#3878
26th July 2007, 11:34 PM
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Re: New Intermed Uptrend!!
Quote:
Probably,Karthik or Asish or Ashish(aca) or Kalyan or Bav could help you with that one. All the best! Saint
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#3879
27th July 2007, 01:09 AM
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Re: New Intermed Uptrend!!
Hmm...Interesting chart developing on the DOW.....Presently 365 pts down,a close here negates that breakout bar formed on the 12th of July,pushing Dow into that area of congestion again.
A breakout bar failure can lead to a further fall from here if it does not hold this area of congestion.Breaking 13250,that high of that breakout bar becomes a near term top ending this current intermed uptrend .....at least for the DOW! Wonder if it can hold....  Shall post the chart tomorrow after updating. All the best! Saint ps:Take stops if hit tomorrow.......please don't get into the hope and pray mode!
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#3880
27th July 2007, 01:28 AM
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Re: New Intermed Uptrend!!
hello,
thanks for ur posting,i am new tothis forum,can u pls., tell me which method of technical analysis will help me to do intraday trading successfully,if time permits pls.,explain me about that method.thank u so much
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