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| Discuss KISS like McGrath at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by lvgandhi Very nice. How can one get data for futures. Is it ... |
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| Technical Analysis Discussion of all the principles involved in technical analysis. |
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#211
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Quote:
http://www.nseindia.com/content/fo/fo.zip Happy & Safe Trading SavantGarde |
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#212
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Asish, This is not a wolf pattern. looks to me a channalize move, However I will wait for Ajax to confirm. if I were you, thn I will short Suntv for a possible target of 1420. and if sustained at that level for 1-2 trading session will go long for a target of 1500+.
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#213
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Thks i wanted the view of this camp.
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#214
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Hi uashish
Sun TV , it looks like a typical WW but it is not. ANy way it has moved a little to high from last swing low for any comfortable buy position. As pointed by moneybhai it looks like a channeled move.... To repeat , look for bullish WW pattern like above during a down trend. TCS hourly post above being a example. Regards Ajax |
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#215
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I am sorry Asish, i feel ur right , after looking at the chart for a bit longer I can observe a bullish wofl in making.. again I wud like Ajax to comment on this. I have drawn this pattern for you again..
Last edited by moneybhai; 29th September 2007 at 01:49 AM. |
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#216
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Ajax , what do say about bullish wolf in making during consolidation phase.. I have read abt bullish wolf appearing during bearish phase only. but Suntv pattern does suggest a bullish wolf in making however the stock is going thru consolidation now.. so once it crosses 1680, i see a full blown bullish wolf, targeting at 1900+. ur views are welcome. also we need to take into account that media is the flavour of market now..
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#217
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Dont have to wait for Ajax Mkt has confirmed, now (+) 4.22 % in cash.
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#218
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Winstonn , Ajax & the other Wolfe gang has pursued a nice thing & trying to teach us a profitable pattern.
Sun TV in cash now (+) 4.67 % |
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#220
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Quote:
As per rules of Bill Wolf this is not a ww at all point 1 is completely off, the rules clearly state "point 1 must be a bottom prior to point 2" which is not the case here. You may meet your target for other reasons but I don't think its a ww, |
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