Teach A Man To Fish And.........

djsinha · #**1661** 28th May 2008, 11:19 AM

Quote:

Originally Posted by satya_pinku2003

hi
DJ if we see up move from today onwards then yesterdays low will be new pivot low so stop may be not 202.25 it may higher than that

plz comment

Regards
Satya

Quite right, Satya. Actually a mistake from my end. Thank you for pointing that out.

Cheers
D J Sinha

mahesh2007 · #**1662** 28th May 2008, 05:19 PM

seniors please answer.

(1)In the attached chart, when double bottom D1 occured, Nifty did not go up which was expected by this pattern.

(2) when double top T1 occured Nifty did not go down !

Is it defiance of chart pattern or I have committed some mistake ?

waiting for your reply.

regards

lvgandhi · #**1663** 28th May 2008, 08:02 PM

Quote:

Originally Posted by vvvv

can u pls explain why u need so many softwares..isnt 1 sufficient

In Case problems in Windows, I can use linux and still have data and analysis.
In windows I started with Fcharts. A few months back I started Amibroker. Hence I was conituing both. Recently only I started Metastock. I will settle with ami & meta in windows.

nick721156 · #**1664** 28th May 2008, 10:00 PM

dear saint and other friends,

is Flag getting formed in daily chart of cairn? volume is contracting, too.

regards,

nick

amitpethkar · #**1665** 29th May 2008, 08:48 PM

Quote:

Originally Posted by nick721156

dear saint and other friends,

is Flag getting formed in daily chart of cairn? volume is contracting, too.

regards,

nick

You can't call it a flag because the gradient is steep. Already 6 down bars which negated almost all the upmove.

Thanks,
Amit

maddy_invest · #**1666** 30th May 2008, 11:52 AM

Hi Saint,

I'm having problem understanding buy setup.
Can you explain it once more?
What have you meant by buying when the previous bar's top is taken out?Can we buy at any price once the top is taken out? or something specific needs to be considered?
Will this previous bar be a bullish one or a bearish one or can be both?
and what about this current bar?

sorry for so many questions.

Maddy

satya_pinku2003 · #**1667** 30th May 2008, 12:27 PM

Quote:

Originally Posted by maddy_invest

Hi Saint,

I'm having problem understanding buy setup.
Can you explain it once more?
What have you meant by buying when the previous bar's top is taken out?Can we buy at any price once the top is taken out? or something specific needs to be considered?
Will this previous bar be a bullish one or a bearish one or can be both?
and what about this current bar?

sorry for so many questions.

Maddy

hi maddy
he also explained all the time frame buy set up i his new thread 60 min flow in equity section you can check there

Regards
Satya

deb99891 · #**1668** 30th May 2008, 12:32 PM

Quote:

Originally Posted by maddy_invest

Hi Saint,

I'm having problem understanding buy setup.
Can you explain it once more?
What have you meant by buying when the previous bar's top is taken out?Can we buy at any price once the top is taken out? or something specific needs to be considered?
Will this previous bar be a bullish one or a bearish one or can be both?
and what about this current bar?

sorry for so many questions.

Maddy

go through this thread from beginin "Teach A Man To Fish And........
i think ur doubt ll be clear

nick721156 · #**1669** 30th May 2008, 08:35 PM

Quote:

Originally Posted by amitpethkar

You can't call it a flag because the gradient is steep. Already 6 down bars which negated almost all the upmove.

Thanks,
Amit

dear amit,

thanks for the clarification.

regards,

nick

nick721156 · #**1670** 30th May 2008, 08:58 PM

dear saint & other friends,

i have a little confusion about buy set up in Ranbaxy. in weekly chart, Ranbaxy is in uptrend. so, we should buy over the previous pivot high in daily chart. today(30/05/08), ranbaxy has made new high of 535 in daily chart. its previous pivot high was 517.90. in case, we want to buy on monday in the coming week, shall we buy over the previous pivot high i.e. 517.90 or over today's high of 535 or wait for a decline. if we wait for a decline in daily, when to take position? or shall we wait for a decline in weekly - which might not happen for some more time?

i am attaching both the charts.

regards,

nick