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Pattern Trading

Discuss Pattern Trading at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Dear Seniors Hello I am enclosing a chart of Granuules India Limted. Do we have ...


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  #231  
Old 17th February 2007, 07:17 PM
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Default Re: Pattern Trading

Dear Seniors

Hello

I am enclosing a chart of Granuules India Limted.

Do we have inverse head and shoulder patterns here

kindly advise, plaese give reasons too for learning things

Thanks
Rajeev

Last edited by rkgoyal_98; 20th January 2008 at 02:59 PM.
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  #232  
Old 18th February 2007, 12:05 AM
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Default Re: Pattern Trading

Quote:
Originally Posted by rkgoyal_98 View Post
Dear Seniors

Hello

I am enclosing a chart of Granuules India Limted.

Do we have inverse head and shoulder patterns here

kindly advise, plaese give reasons too for learning things

Thanks
Rajeev
Yes It is. Will serve as a H&S consolidation as it formed during an uptrend.
During the formation of head, the stock also made a rouding bottom or cup and handle.

Best Regards,
--Ashish
http://tradingtalks.blogspot.com
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  #233  
Old 18th February 2007, 12:51 AM
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Default Re: Pattern Trading

Hello aca_trader,

Thanks for the quick reply
Can you plz give trading Idea on this, ie when to enter, what will be stop loss, and whar will be target
Thanks
Rajeev
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  #234  
Old 18th February 2007, 01:59 PM
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Default Re: Pattern Trading

Hi Ashish,
I would like to know your current view on Ind Swift Lab. Is the cup and handle pattern still valid after the activities of last week ?
Looking at the recovery in this stock from the last week's lows , am positive on this counter.
http://bp2.blogger.com/_NRR90sUylJk/...ing+Bottom.png

Also, how do u read the activities in ITI's chart ?
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  #235  
Old 18th February 2007, 08:57 PM
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Default Re: Pattern Trading

Quote:
Originally Posted by rkgoyal_98 View Post
Hello aca_trader,

Thanks for the quick reply
Can you plz give trading Idea on this, ie when to enter, what will be stop loss, and whar will be target
Thanks
Rajeev
Hi aca ashish
I am too interested in this stock
Could you tell acc to u what is entry point sl and tgt
thanks a lot
adec
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  #236  
Old 18th February 2007, 10:34 PM
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Default Re: Pattern Trading

Quote:
Originally Posted by rkgoyal_98 View Post
Hello aca_trader,

Thanks for the quick reply
Can you plz give trading Idea on this, ie when to enter, what will be stop loss, and whar will be target
Thanks
Rajeev
Entry- Rs. 107.50
SL- Rs. 96.50
Target- Rs. 135 (Resistence expected at 115-130).

Best Regards,
--Ashish
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  #237  
Old 18th February 2007, 10:40 PM
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Default Re: Pattern Trading

Quote:
Originally Posted by ssprasad View Post
Hi Ashish,
I would like to know your current view on Ind Swift Lab. Is the cup and handle pattern still valid after the activities of last week ?
Looking at the recovery in this stock from the last week's lows , am positive on this counter.
http://bp2.blogger.com/_NRR90sUylJk/...ing+Bottom.png

Also, how do u read the activities in ITI's chart ?
Hi!

Ind Swift Lab made a higher pivot and hence can be regarded as being in uptrend now.

One can enter the stock at 76.50 with SL at 68.

80 will be strong resistence. beyond that 91-96-110 are important levels.

In ITI one can initiate trade above 53.50. SL should be the 46.50 and target 62.

Best Regards,
--Ashish
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  #238  
Old 19th February 2007, 12:08 AM
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Default Re: Pattern Trading

Take caution in ITI
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  #239  
Old 21st February 2007, 07:39 PM
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Default Re: Pattern Trading

Hi
All is cipla forming a rectangle . if so then how to trade ??

regards

satya

Last edited by Satyen; 27th June 2008 at 09:52 AM.
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  #240  
Old 21st February 2007, 08:56 PM
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Default Re: Pattern Trading

Quote:
Originally Posted by satya_pinku2003 View Post
Hi
All is cipla forming a rectangle . if so then how to trade ??

regards

satya
This seems to be trading in range ... either u trade this range or wait for a breakout from this range in either direction.
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