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Pattern Trading

Discuss Pattern Trading at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by bhargavhalani Hi all is it good time to enter in Indiabulls? -Bhargav ...


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  #331  
Old 11th April 2007, 01:30 PM
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Default Re: Pattern Trading

Quote:
Originally Posted by bhargavhalani View Post
Hi all

is it good time to enter in Indiabulls?

-Bhargav
Indiabulls ran fantastically and target was achieved in just one day of trading.
Certainly, this is a good time to enter. However, to keep ur SL nearer to entry, wait for a pullback and only thereafter enter the stock.

Best Regards,
--Ashish
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  #332  
Old 11th April 2007, 01:35 PM
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Default Re: Pattern Trading

Quote:
Originally Posted by bhargavhalani View Post
Hi All,

what's your view on EIH? i bought it @105. should i hold it or sell at current rate??

-Bhargav
Hold it. The stock is giving positive signal and is expected to move upwards.

Best Regards,
--Ashish
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  #333  
Old 11th April 2007, 01:59 PM
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Default Re: Pattern Trading

Thanks

Lucky and Ashish

Regards

Satya
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  #334  
Old 12th April 2007, 10:22 PM
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Default Re: Pattern Trading

Hi all

I have spotted a huge diamond on Vidiocon leasing (see chart)
Can any one tell me the implication and how to trade this pattern

regards

Ajax
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  #335  
Old 12th April 2007, 10:47 PM
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Default Re: Pattern Trading

Hi All,

I observe a strong descending triangle on the monthly of Aztecsoft. With the result season, expect a downward break.

Seniors comment.

Regards
Rinv
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  #336  
Old 12th April 2007, 10:55 PM
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Default Re: Pattern Trading

Quote:
Originally Posted by Ajax View Post
Hi all

I have spotted a huge diamond on Vidiocon leasing (see chart)
Can any one tell me the implication and how to trade this pattern

regards

Ajax
Hi Ajax!

This is a diamond formed in 2 years and hence achievement of profit target will largely be suspected.

It'll be more prudent to trade the breakout of the ascending triangle. This way you will have a position in the stock and if it goes higher to achieve the price target of diamond, you will gain more money than expected.

Best Regards,
--Ashish
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  #337  
Old 12th April 2007, 10:59 PM
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Default Re: Pattern Trading

Quote:
Originally Posted by rinv View Post
Hi All,

I observe a strong descending triangle on the monthly of Aztecsoft. With the result season, expect a downward break.

Seniors comment.

Regards
Rinv
Hi!

Till the time month is not completed, no action should be taken on the basis of a monthly chart formation.

Best Regards,
--Ashish
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  #338  
Old 12th April 2007, 11:00 PM
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Default Re: Pattern Trading

Quote:
Originally Posted by satya_pinku2003 View Post
Thanks

Lucky and Ashish

Regards

Satya
Always a pleasure, Satya!
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  #339  
Old 14th April 2007, 06:32 PM
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Default Re: Pattern Trading

Hi All,

Ascending Triangle is forming on Tata tele....

waitng for volume to confirm...

Last edited by Luckytrader; 17th January 2008 at 08:11 PM.
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  #340  
Old 16th April 2007, 06:50 PM
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Default Re: Pattern Trading

hi
Lucky Break out today on tata tele ?????


Regards

Satya
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