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Play With Candle Sticks

Discuss Play With Candle Sticks at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by kindman Yesterdays Call Results ---------------------------------------------------------------- Optocircuit Buy 450 Today Went To 460 ...


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  #41  
Old 3rd September 2007, 04:02 PM
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Default Re: Play With Candle Sticks

Quote:
Originally Posted by kindman View Post
Yesterdays Call Results
----------------------------------------------------------------
Optocircuit Buy 450 Today Went To 460 Level = 2% Profit

Radico Buy 170 Now Trading At Same Level = 0 Profit
Adani Buy 345 Went To 390 Rs = 45rs Profit 12 % Profit!!!!!!!
-------------------------------------------------------------------
How much did you make?Whats your performance result?
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  #42  
Old 4th September 2007, 08:40 AM
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Default Re: Play With Candle Sticks

TODAY SEP 3/2007

STOCK: GREENPLY CMP 220

PATTERN: WOLF CONSOLIDATION BREAK OUT

SEE THE CHART
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  #43  
Old 4th September 2007, 10:26 AM
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Default Re: Play With Candle Sticks

Wolf consolidation break out???

OR

Is it simple "spring board" that was missed by kindman yesterday???


Kuriako
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  #44  
Old 4th September 2007, 11:17 AM
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Default Re: Play With Candle Sticks

Dont Buy More
Close Greenplay Position In Profits Today It Self....

Sometime Market Will Crash
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  #45  
Old 4th September 2007, 03:08 PM
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Default Re: Play With Candle Sticks

Quote:
Originally Posted by beginner_av View Post
Candlestick charting has NO target. Its just patterns for reversal/continuation etc. Other forms of TA has targets etc.
btw I am quoting Steeve Nison. If you have any better source, please quote and we can discuss.
Candlesticks pattern provde area/levels of support and resistance, and ways to calculate risk/reward. Theese are little talked about in Beyond Candlesticks. For a practitoner, there is always a lot more than it can be written in a book.

Levels of support/ressistance are percieved as targets by most short-term traders. Pls correct me if I am wrong.

PS: kindman pls reply kindly to members here, some of who r senior to you. I think ur charts r sufficiently informative.
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  #46  
Old 4th September 2007, 03:45 PM
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Default Re: Play With Candle Sticks

Quote:
Originally Posted by chart4me View Post
Hi kindman,

why do you think market will crash? It will be great if you give some supporting data.
Some reasons :

Candle bodies are getting smaller and smaller for the third successive day.

doji in a uptrend showing indecision.

Global markets yesterday and today are showing signs of exhaustion after a massive rally like our index .

I dont thing there will be a crash but a fall looks imminent.

Tomorrow i will decide whether to go long or short.
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  #47  
Old 5th September 2007, 06:46 AM
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Default Re: Play With Candle Sticks

Alkbk Cmp 90.70

Pattern
Bearish Engulfing

Resistance = Sl = 92.10
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  #48  
Old 5th September 2007, 06:55 AM
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Default Re: Play With Candle Sticks

Hcltech

Pattern Bearish Harami

Shot At Cmp
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  #49  
Old 5th September 2007, 07:01 AM
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Default Re: Play With Candle Sticks

Jagran Prakashan

Pattern = Bearish Harami
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  #50  
Old 5th September 2007, 07:34 AM
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Default Re: Play With Candle Sticks

Jagran Prakashan Brearish Harami
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