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| Discuss The Hidden signal In The Recent Crash From 5299 To 4370 at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; hi everyone, The recent correction of nifty from 5299 to 4350...Still wandering what triggered the ... |
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#1
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hi everyone,
The recent correction of nifty from 5299 to 4350...Still wandering what triggered the crash..I mean in technical terms,what signals hinted a correction...can anyone got any signals,i mean wolfe,elliot,gann...etc etc....Well i've one signal of this correction which i learned from traderji,which worked wonders for me..... i am attaching nifty daily chart....can anyone see any patterns in it.....if you got one,plz comment in this thread..... i will attach my find soon in this thread,which was picture perfect in calling the crash .. regards vsangeeth Last edited by vsangeeth; 17th September 2008 at 03:31 PM. |
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#2
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Is it "Head & Shoulder" ?
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#3
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Would have been fun had you pointed it out when the Nifty was at 5299!!! No offence meant!!! |
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#4
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Thats why they are hidden signals, they are sooooooooo hidden, that they get unhidden only after the event........ ![]() Cheers Sanjay |
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#5
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ha ha , I thought , thats why we have TA to catch it before others !
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#6
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The only trigger that I can make out but its not visible on these daily charts but weekly chart is the previous pivot high which became a resistance on the way up as Nifty is clearly in a downtrend on weeklies
Last edited by prabhjeetrana; 11th June 2008 at 11:35 AM. Reason: Chart added |
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#7
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#8
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#9
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nothing hidden......everthing open in sudoku's thread since sensex cracked 19k for the first time in jan.....its still on......& yes.....before the crash.
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#10
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