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Pattern recognition ?

Discuss Pattern recognition ? at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by Czar UGB I hope you had exited TISCO... Downside in TATASTEEL appears ...


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  #121  
Old 29th August 2008, 07:17 PM
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Default Re: Pattern recognition ?

Quote:
Originally Posted by Czar View Post
UGB I hope you had exited TISCO...
Downside in TATASTEEL appears to be very very less now. Accumulate in small lots at every dip.
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  #122  
Old 29th August 2008, 07:20 PM
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Default Re: Pattern recognition ?

true Columbus I bought that too 581 saw a downside of 567, but dint mention here since slim chance it may dip to 550 levels...
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  #123  
Old 29th August 2008, 07:36 PM
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Default Re: Pattern recognition ?

Quote:
Originally Posted by Czar View Post
is it possible, sail retrace its entire rise from 10 to 293 Rs., now is reverse possible ? if so atleast 185 / 200 possible ? tomorrow month ends a close above 140 may help a lot...

yes still strong, Simple methods do work... doing 155
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  #124  
Old 29th August 2008, 08:07 PM
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Default Re: Pattern recognition ?

Quote:
Originally Posted by Czar View Post
yes still strong, Simple methods do work... doing 155
czar,
Isincerely pray it goes up. I have 500 shares whch I bought at 150 because I missed to squareoff my shortsales ome time back. I bought to protect price against price. Even if it reaches 200 in a month I'll make a good profit. Will it happen? Whats your advice?

vps
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  #125  
Old 29th August 2008, 08:20 PM
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Default Re: Pattern recognition ?

Quote:
Originally Posted by vpsarathy View Post
czar,
Isincerely pray it goes up. I have 500 shares whch I bought at 150 because I missed to squareoff my shortsales ome time back. I bought to protect price against price. Even if it reaches 200 in a month I'll make a good profit. Will it happen? Whats your advice?

vps
Perhaps you are referring about SAIL . Please do not stick to the target of 200/-.If you see yourself in GREEN sufficiently , book profits at around 175/-.
It is one of the top traded counters and during last one month it never went out of TOP50.
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  #126  
Old 29th August 2008, 09:24 PM
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Default Re: Pattern recognition ?

Sail was expecting 175/180 (as colombus mentioned) that's why I had made the post, but in this market nothing can be for sure & you cant rely on anyone's word... that too in a month is nobody's guess... also stop loss is now deep at 137 so be informed accordingly...

funny thing is Sail futures made a higher weekly swing today but cash dint...
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  #127  
Old 31st August 2008, 03:24 PM
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Default Re: Pattern recognition ?

can any body help me to find out any charting software which works with NSE & BSE?... i will be grateful if some one could assist me...
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  #128  
Old 1st September 2008, 02:57 PM
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Default Re: Pattern recognition ?

bought MTNL 97.50 (Fut), Stoploss 92
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  #129  
Old 3rd September 2008, 10:32 PM
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Default Re: Pattern recognition ?

Happy Ganesha Chaturthi to all !
I am Thyagu, been a silent spectator/admirer/learner of this thread.
I have attached the daily chart of IDFC. My limit knowledge in TA suggests
the RSI divergence seen is a strong signal of the price bottoming out forming a formidable support. We can go long with SL of 88 and 1st target of >104.
Waiting for your comments and guidance on this.

Thyagu
Attached Images
File Type: jpg IDFC.jpg (89.7 KB, 19 views)
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Czar (3rd September 2008)
  #130  
Old 3rd September 2008, 11:02 PM
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Default Re: Pattern recognition ?

Quote:
Originally Posted by thyagu View Post
Happy Ganesha Chaturthi to all !
I am Thyagu, been a silent spectator/admirer/learner of this thread.
I have attached the daily chart of IDFC. My limit knowledge in TA suggests
the RSI divergence seen is a strong signal of the price bottoming out forming a formidable support. We can go long with SL of 88 and 1st target of >104.
Waiting for your comments and guidance on this.

Thyagu
Yes ,I agree with you, with strict stop loss at 80 ,one can enter the scrip as IDFC appears to have bottomed out.
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