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| Discuss Pattern Trading at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by aca_trader My views on Ace are of a failed ascending triangle. In ... |
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#91
23rd January 2007, 05:55 PM
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Re: Pattern Trading
Quote:
Meanwhile I'd like to discuss more on TataSteel. I will post them with chart tonight. Praveen. 
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#92
23rd January 2007, 11:48 PM
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Re: Pattern Trading
Hi all,
With reference to my previous views - http://www.traderji.com/74098-post76.html - here are the updates for the same: 1. ACC - Well with in the channel. Great move today! 2. KEC - Still forming flag. 3. TATASTEEL - Didnt' close below the trendline. Hopefully it may rise tomorrow. 4. BOI - Didn't close below the trendline, Should rise tomorrow. Praveen. Last edited by bvpraveen; 23rd January 2007 at 11:50 PM. Reason: Added files
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#94
24th January 2007, 08:17 AM
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Re: Pattern Trading
Union Bank of India has broke out from a diamond formation which also completes a rounding top.
NALCO has broken out of the symmetrical triangle. Please check the charts here. Best Regards, --Ashish http://tradingtalks.blogspot.com
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#96
24th January 2007, 10:46 PM
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Re: Pattern Trading
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However whatever it was i am glad it broke out since i hold the stk  GUJ AMBUJA - Looks like a rising wedge to me. Reversal pattern. Volumes increasing near the lower border on a downleg looks ominous. BALRAMPUR CHINI - Most inetresting case. If that's a flag then the slant should have been upwards. At the same time it cannot be called a rectangle. Maybe just a new trend channel which broke on the downside. Ashish can say better. Anyways, thanks for posting the charts. Regards, Kalyan. Last edited by kkseal; 24th January 2007 at 11:07 PM.
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#97
25th January 2007, 10:04 AM
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Re: Pattern Trading
Hi,
Quote:
Quote:
I think its just a channel. Quote:
Again these are just my interpretations. Please let me know if I'm wrong any where. Learnt a couple of things from your reply. Thanks. Praveen.
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#98
25th January 2007, 12:39 PM
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Re: Pattern Trading
Hi Ashish,
Great thread,cool blog.....very nice,my friend.Was wondering when you would put down your knowledge.....Great Stuff. And have a look at Karnataka Bank and its breakout from the bull flag as mentioned in a previous thread (and blog).......neat move. Keep em coming! All the best! Saint ps:And some nice contributions from Praveen as well....all great stuff.
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#99
25th January 2007, 02:55 PM
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Re: Pattern Trading
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Nice blog b/w, will link it. CV 
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