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| Discuss 02-Aug-2006 - Trend Change, Possibily. at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Scrip Name: Balkrisind Refer to the screen dump please, might be useful to all. MANOJ... |
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#1
2nd August 2006, 06:39 PM
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02-Aug-2006 - Trend Change, Possibily.
Scrip Name: Balkrisind
Refer to the screen dump please, might be useful to all. MANOJ 
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#2
2nd August 2006, 10:15 PM
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Re: 02-Aug-2006 - Trend Change, Possibily.
Hi Manoj,
Depends on the time frame that you are trading.......just going by the chart that you had attached,the stock-BALKR INDS- is still very much in a strong downtrend,this one candle may just indicate a good day or two,at best........that one candle is not enough information to say that we could be looking at a trend change. So careful,my friend,before you put funds in just on that information alone.......all the best! Saint
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