400 points rally on the cards

A

Agilent

Member
#31
#31
sathiamoorthyd said:
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
Click to expand...

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:)
 
S

sathiamoorthyd

Active Member
#32
#32
Agilent said:
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:)
Click to expand...

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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