Pattern Trading

[kkseal]

Thanks for the chart Asish. Was curious to see what you had seen

Regards,
Kalyan.

 

[uasish]

Re: Kind Attention- Raj (Nifty Hourly Chart)

Hi Raj!

This was the hourly chart I was discussing in the chat room last night.

Best Regards,
--Ashish

Missed your chart earlier ,Ashish have you made some study on Gann Price & Time,initialy looking at the chart the 1st Impulse was ,ideally following that,however it's just an impulse.

 

[aca_trader]

Re: Kind Attention- Raj (Nifty Hourly Chart)

Missed your chart earlier ,Ashish have you made some study on Gann Price & Time,initialy looking at the chart the 1st Impulse was ,ideally following that,however it's just an impulse.

Hi Ashish!

This is not a Gann Study. I do not know even abc about Gann.

The area around 4530 was a confluence zone of three Pattern Trendlines, viz., H&S and 2 Channels. When price reached that point, volatility went to rock bottom as depicted by True Range of the bar giving us a very low-risk entry.

That what I was discussing in the chat room.

Best Regards,
--Ashish

 

[uasish]

You are our Resident Specialist on 'Patterns' ,learnt many a thing from you,was just bouncing an impulse with you.Your clarification once again proves how little i know about even 'Edward & Magee' type Patterns.

 

[aca_trader]

You are our Resident Specialist on 'Patterns' ,learnt many a thing from you,was just bouncing an impulse with you.Your clarification once again proves how little i know about even 'Edward & Magee' type Patterns.

Thanks a lot for the title but I really do not deserve it. There are a number of knowledgable traders on the forum and about urself, we all know the depth of your knowledge. It's your modesty to say such words.

Looking forward to read more of your valuable comments.

Best Regards,
--Ashish

 

[uasish]

Learned that term Resident thing from Saint.

 

[Saint]

Learned that term Resident thing from Saint.

.

 

[rkgoyal_98]

Hello all

I have noticed inverse head and shoulder pattern in Gujrat Alkalis there has been breakout from the neckline and i hope with overall Market support the stock can give us good Money
Rajeev

 

[rkgoyal_98]

Hi All

The stock has already gone up 5% yesterday.
Rajeev

 

[saahilkhan424]

hi can somebody tell me if i have got vishexpo @ 3.3 total unit 6551 what should i do should i keepit or get in loss if any body intersted to help this poor man