Traderji.com - Discussion forum for Stocks Commodities & Forex

Req: Please explain this chart behavior

Discuss Req: Please explain this chart behavior at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi, Still trying to learn...Will appreciate help Please explain this intraday chart of Liberty phosphate... ...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > METHODS & STRATEGIES > Technical Analysis

Notices

Technical Analysis Discussion of all the principles involved in technical analysis.


Advertise Here

Reply
 
Thread Tools
Sponsored Links
  #1  
Old 18th February 2006, 02:11 AM
Member
 
Join Date: Aug 2005
Location: Delhi
Posts: 117
Thanks: 0
Thanked 2 Times in 1 Post
amitkr is on a distinguished road
Reputation: 25
Default Req: Please explain this chart behavior

Hi,

Still trying to learn...Will appreciate help
Please explain this intraday chart of Liberty phosphate...

Is this manipulated?

Thanks
Amit
Attached Images
File Type: jpg libpho.JPG (40.4 KB, 55 views)
Reply With Quote
Sponsored Links
  #2  
Old 18th February 2006, 06:38 AM
Member
 
Join Date: Jan 2006
Location: ajman(UAE)>ahmedabad>ajman
Posts: 147
Thanks: 6
Thanked 2 Times in 2 Posts
bharatk8 is on a distinguished road
Reputation: 19
Default Re: Req: Please explain this chart behavior

incorporate macd,roc graph.....picture will be more clear
Reply With Quote
  #3  
Old 18th February 2006, 09:44 AM
Member
 
Join Date: May 2005
Posts: 28
Thanks: 0
Thanked 0 Times in 0 Posts
ash927 is on a distinguished road
Reputation: 20
Default Re: Req: Please explain this chart behavior

If you draw a trendline it would show that script is in downward move. Price is moving in price channel. It seems like some operator is involved this ;-)
Reply With Quote
  #4  
Old 18th February 2006, 09:53 AM
Member
 
Join Date: Jan 2006
Location: ajman(UAE)>ahmedabad>ajman
Posts: 147
Thanks: 6
Thanked 2 Times in 2 Posts
bharatk8 is on a distinguished road
Reputation: 19
Default Re: Req: Please explain this chart behavior

Quote:
Originally Posted by ash927
If you draw a trendline it would show that script is in downward move. Price is moving in price channel. It seems like some operator is involved this ;-)
ur right....ashwani gujaral has opined that ta works for co. having holding of insti....
Reply With Quote
  #5  
Old 20th February 2006, 12:06 PM
Member
 
Join Date: Jan 2006
Posts: 19
Thanks: 0
Thanked 0 Times in 0 Posts
sparas is on a distinguished road
Reputation: 20
Default Re: Req: Please explain this chart behavior

HI
Freind I am also new like u but I think if u look at price movement over last five session there is clear cut down trend and see on last trading session even though it try to move in upward direction it is without any volume that it self i feel indicates there is no one willing to buy at that price , still I feel since i am too new for Ta senior members can correct me and provide there insight.
take Care
Paras
Reply With Quote
  #6  
Old 22nd February 2006, 10:38 AM
Member
 
Join Date: Nov 2005
Posts: 831
Thanks: 0
Thanked 6 Times in 6 Posts
Agilent is on a distinguished road
Reputation: 26
Default Re: Req: Please explain this chart behavior

Quote:
Originally Posted by amitkr
Hi,

Still trying to learn...Will appreciate help
Please explain this intraday chart of Liberty phosphate...

Is this manipulated?

Thanks
Amit


AMIT

1. Look at the volumes
2. Look at the bigger picture (longer term charts ... longer than one day in any case)
3. Look at the fundas (check the news)

See chart I have attached , and make your own deductions... u will find the answers.

The intraday trend which has puzzled you looks like mere profit taking

The longer term (recent surge , as also the quadrupling in Apri/May) looks like insider trading (no crime .. its universal and ubiquitous) driven by news (preferential issue) and also by better current working (PE based on Dec end results is just 6x, annaulaised EPS being around 10)

Hope this helps...

AGILENT
PS By the way, since you appear to be 'in' the stock, what info do you have. That will clarify the chart to some extent won't it ? Do share with us
Attached Files
File Type: doc Liberty Phosphate 3 m and 1 yr charts.doc (79.5 KB, 27 views)
Reply With Quote
  #7  
Old 26th February 2006, 11:46 PM
Member
 
Join Date: Jun 2005
Posts: 24
Thanks: 0
Thanked 0 Times in 0 Posts
meenakshee is on a distinguished road
Reputation: 20
Default Re: Req: Please explain this chart behavior

Hello, I have seen the chart in some details. Vol is good of late, Buy sgnal has already been generated, Mov averages position are also favourable. I will Recommend hold .If it crosses 47.5 with vol then it may touch 51.U may keep a stoploss around 38 below which it may touch 33.5.-Meenakshee
Reply With Quote
Sponsored Links

Reply

Bookmarks


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads for: Req: Please explain this chart behavior
Thread Thread Starter Forum Replies Last Post
my options spread should be in the profit but isnt. please explain why ftr Options 3 25th January 2006 11:05 AM
Please explain this sup_ida Options 1 8th January 2006 11:56 PM
chart plotting cmlee MetaStock 2 25th September 2005 08:27 PM
Interpret this chart for me daytrader Technical Analysis 1 6th May 2005 08:16 AM
Pls explain my following Call Options for tata Motors vijay96238 Derivatives 3 2nd November 2004 04:51 PM


All times are GMT +5.5. The time now is 06:04 PM.

Indemnity, Disclaimer & Disclosure Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum Rules Disclaimer & Disclosure and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © 2001 - 2009, Traderji.com All Rights Reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.MasterOfTrading.com