Pattern Trading

[aca_trader]

KTKBANK has given breakout from flag.
Check the chart

Flag is a powerful pattern and CMC achieved its target based upon this pattern.

Best Regards,
--Ashish
http://tradingtalks.blogspot.com

 

[kkseal]

Ascending triangle brkout on Sensex gives tgt of 15200 Right?

KALYAN

 

[toxicexpulsion]

ABB diamond formation.. Wait for break on either side... move can be massive!

 

[aca_trader]

Breakouts-17th Jan '07

Chambal Fertiliser (CHAMBALFERT) has broken out from 4 and 1/2 month long rectangle.

IOB has broken out of symmetrical Triangle. Check out the charts.

CMC which was suggested at 695 has gone into a vertical run and is at 1225. ICSA after achieving its target of 1040 on 15th has shown some weakness on 17th Jan. The strategy should be to follow both these stocks with a 2 days' low Stop-Loss.

Best Regards,
--Ashish
http://tradingtalks.blogspot.com

 

[aca_trader]

HI ASHISH...
i ahve seen ur workout in ur bolgspot,,,good work,,,,,and consuming time too,,and attention,,,rgt now ,,,i want the list of shares..frontliners.....which are either in an ascending triangle(have just taken breakout..or waiting for one)..and second,,,for consolidation pattern,,waiting for upward,,breakout,,,

can u,,,,,,,,
renu

Hi Renu!

Thanks for your words of appreciation!
Some of the consolidations, I could check out in F&O stocks are

ABB WEEKLY Diamond
ABAN Daily Brodening Top
Infosys Daily Rectangle
BEL Daily H&S
Divislab Daily H&S
Suzlon Daily Rectangle
HeroHonda Daily Asc. Triangle

Other stocks I would check on weekend and let you know.

Best Regards,
--Ashish
http://tradingtalks.blogspot.com

 

[aca_trader]

HI Ash,

ACC has a small double bottom formation that it is about to break. It is easier noticed in the F&O chart of january expiry.

Rgds

Rahul

Nice Pick Rahul! It's very accurate on Futures Chart.

Best Regards!
-Ashish
http://tradingtalks.blogspot.com

 

[aca_trader]

hi..
ANSAL HAS GIVEN ABREAK OUT TODAY,,,,15/01/07
AND NIFTY GIVENA BRAEK OUT,,,AT 4045..THE FORMER HIGH,,AND THUS FORMING AASCENDING TRIANGLE,,,EVERYBODY PLSSSSSS CHECK THIS OUT,,AND NOW SEE WHAT AGOOD RUN WE CAN GET,,,,,,,,,,300 POINTS,,

AM I RGT OR NOT,,

Hi!

You are very much rght about Ansal Housing (ANSALHSG).
However, I would beg to differ about NIFTY.
IMHO, there is no ascending triangle on NIFTY (Daily/Weekly Charts)

Best Regards,
--Ashish
http://tradingtalks.blogspot.com

 

[aca_trader]

thanks ashish,
always expect such a fast response only from members of Traderji.
just another thing to add:
can names be written above each chart(makes it visually more precise) as name on chart itself is not visible instead of cluster at end of post
regards

Hi Ash!
Always a pleasure to improvise the things.
The charts are being posted with their names written on them now.
Please suggest if further improvement in any area is required.

Best Regards,
--Ashish
http://tradingtalks.blogspot.com

 

[aca_trader]

Ascending triangle brkout on Sensex gives tgt of 15200 Right?

KALYAN

Hi Kalyan!

Can you please post a Sensex chart with Ascending Triangle?

Best Regards,
--Ashish
http://tradingtalks.blogspot.com

 

[mansukh]

Re: Breakouts-17th Jan '07

CMC which was suggested at 695 has gone into a vertical run and is at 1225. ICSA after achieving its target of 1040 on 15th has shown some weakness on 17th Jan. The strategy should be to follow both these stocks with a 2 days' low Stop-Loss.

icsa formed a double top yesterday, don't u think its dangerous...
Plz correct me if i am wrong.