HI Saint,
I need some advice of yours regarding some shares I am studing. Bihar Caustic. On the weekly charts it tested its support level of 60. It had tested the same level in october too.Before this was the resistance level and it tested it in dec 2004, jan 2005, may 2005 and kept moving close to it and finally broke out on august 2005. what should i see to check my entry point into this script. Its just going above the 20 day MA in the daily charts. I am right now seeing this chart on BSEINDIA chart as i do not have my own software yet. i am confused on a particular point that in the weekly chart they are showing a high of 80 in sept in the weekly charts but on the daily charts i cannot see the same high in september 2005. pls advice.
I need some advice of yours regarding some shares I am studing. Bihar Caustic. On the weekly charts it tested its support level of 60. It had tested the same level in october too.Before this was the resistance level and it tested it in dec 2004, jan 2005, may 2005 and kept moving close to it and finally broke out on august 2005. what should i see to check my entry point into this script. Its just going above the 20 day MA in the daily charts. I am right now seeing this chart on BSEINDIA chart as i do not have my own software yet. i am confused on a particular point that in the weekly chart they are showing a high of 80 in sept in the weekly charts but on the daily charts i cannot see the same high in september 2005. pls advice.