Pattern recognition ?

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  #1  
Old 22nd February 2008, 04:00 PM
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Default Pattern recognition ?



Hi, I always wanted to start a thread like this one, to all those with tech knowledge please help me/us learners learn. To start with I am posting a chart if you could advice if there is a particular pattern in it... thanks

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  #2  
Old 22nd February 2008, 04:19 PM
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Default Re: Pattern recognition ?

Quote:
Originally Posted by Czar View Post
Hi, I always wanted to start a thread like this one, to all those with tech knowledge please help me/us learners learn. To start with I am posting a chart if you could advice if there is a particular pattern in it... thanks
IMHO, Failed Channel Break Out with Double Top and No Wolf.

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  #3  
Old 22nd February 2008, 04:28 PM
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Default Re: Pattern recognition ?

reading charts? i dont think its possible for me, you guys are really amazing, keep it up,

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  #4  
Old 22nd February 2008, 04:35 PM
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Default Re: Pattern recognition ?

Great thread Czar, I would love to see more of reversals.

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  #5  
Old 22nd February 2008, 05:33 PM
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Default Re: Pattern recognition ?

Good but still not satisfied with the answers.
Czar ,.. u better say.

Regards,.
Darsh

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  #6  
Old 22nd February 2008, 05:48 PM
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wc2007 is an unknown quantity at this point
Default Re: Pattern recognition ?

Markets will Rally in next week

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  #7  
Old 22nd February 2008, 05:54 PM
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Default Re: Pattern recognition ?

lol thanks guys, its weekly chart of mahindra ugine, the RSI & MACD +ve divergence is what interested me... its that I recognize patterns but to know the name & implication is still tough of the pattern, higher tops & lower bottoms... actually I spotted this at 80 & then it rallied to 118, but the pattern is still on...

as you see last time it made a bottom at 70 & retested it at 71, now its doing a similar pattern... it would be nice to trade with trendline bottom as a stop... cause this time it would give more than 100% profit, if it continues...


Last edited by Czar : 22nd February 2008 at 06:03 PM.
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  #8  
Old 12th March 2008, 05:56 PM
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Default Re: Pattern recognition ?

aaaaooooo, wolf alert: punj lloyd target 440/450 ? gentle +ve divergences...

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  #9  
Old 12th March 2008, 08:01 PM
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Default Re: Pattern recognition ?

Quote:
Originally Posted by Czar View Post
aaaaooooo, wolf alert: punj lloyd target 440/450 ? gentle +ve divergences...
Not wolf as much as i can see.

Then too will try to check it later on with my software.

Need help about recognizing Gartley on nifty.

Please do comment.
Need it.
regards,..
Darsh

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  #10  
Old 20th March 2008, 10:59 AM
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Default Re: Pattern recognition ?

which is the best technical analysis/charting software available for indian markets
?

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