400 points rally on the cards

Discuss 400 points rally on the cards at the Trading on Technicals within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by sathiamoorthyd It is an expanding triangle. In this type of pattern the ...


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  #31  
Old 31st March 2006, 09:43 AM
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Default Re: 400 points rally on the cards



Quote:
Originally Posted by sathiamoorthyd
It is an expanding triangle. In this type of pattern the legs are so violent in either side. It is the most frustrating pattern, untill it completes.

Hope it will satisfy you.

D Sathia Moorthy
www.sathiamoorthy.blogspot.com

Sorry ... but I am more confused Sathia..

R U saying it will move up , or down ? Intraday today? short term ? medium term ?

In any case , my question was slightly different... I was trying to interpret .. a sort of quick post mortem - of the intra day price action of yesterday , specially in ONGC. Not the symptoms (so to say ... or 'if u will'), but the underlying causes

Wonder if u can throw any light

AGILENT
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  #32  
Old 31st March 2006, 09:55 AM
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sathiamoorthyd is on a distinguished road
Default Re: 400 points rally on the cards

Quote:
Originally Posted by Agilent
Sorry ... but I am more confused Sathia..

R U saying it will move up , or down ? Intraday today? short term ? medium term ?

In any case , my question was slightly different... I was trying to interpret .. a sort of quick post mortem - of the intra day price action of yesterday , specially in ONGC. Not the symptoms (so to say ... or 'if u will'), but the underlying causes

Wonder if u can throw any light

AGILENT

It is clearly a Technical Pattern. This pattern is a temporary speedbreaker. Since the pattern in study is very small in size, its impact will also be miniscule.

D Sathia Moorthy
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