Western trading  patterns


posted by bprakash on Wed Nov 21, 2012 06:17 am

#1
Image

posted by bprakash on Wed Nov 21, 2012 07:08 am

#2
Just for study purpose an example of Cup & Handle pattern Image

posted by bprakash on Wed Nov 21, 2012 07:13 am

#3
Posted again (already posted in the divergence thread) Image

posted by bprakash on Wed Nov 21, 2012 07:22 am

#4
for trading confirmation signals based on western patterns, details may be obtained at http://www.trending123.com or read the book by Martin Pring

posted by bprakash on Thu Nov 22, 2012 03:18 am

#5

posted by bprakash on Thu Nov 22, 2012 04:25 am

#6
Image

posted by bprakash on Fri Nov 23, 2012 05:04 am

#7
Is there b/o in Dabur??if yes then 119,115 are support(multiple fib retracement) Image

posted by bprakash on Fri Nov 23, 2012 05:18 am

#8
Image

posted by bprakash on Fri Nov 23, 2012 07:46 am

#9
rising wedge Image

posted by bprakash on Sat Nov 24, 2012 05:57 am

#10
when to buy Aban Image

posted by bprakash on Sat Nov 24, 2012 11:47 am

#11
Image

posted by bprakash on Sat Nov 24, 2012 12:07 pm

#12
Bulkowski mentions in his book the necessity of a flagpole.In the above chart the pennant has a clear tall pole , but the flag pole at the top flag, the flag pole is not prominent. . Quote The straighter and longer the flagpole, the better, I think, because it denotes strong upward momentum. Short flagpoles or ones that show price moving up, but also sideways, means the move after the breakout will likely be weak, too Unquote

posted by sajal on Sun Nov 25, 2012 01:11 am

#13
very good observation

posted by sajal on Sun Nov 25, 2012 01:17 am

#14
auropharma has not a clear foarmation of flag it is looking like a doubletop and macd is also giving negative divergence so chances of upside is limited

posted by bprakash on Sun Nov 25, 2012 04:46 am

#15
yes Sajal, 176 is now strong resistance in Auro

posted by bprakash on Sun Nov 25, 2012 11:56 am

#16
Image

posted by bprakash on Sun Nov 25, 2012 12:17 pm

#17
200 sma and falling wedge breakout on volume in Lakshmi Vilas Bank Image

posted by bprakash on Wed Jan 23, 2013 07:41 pm

#18

[IMG]http://i.imgur.com/SFX80eL.png[/IMG] 

posted by bprakash on Wed Jan 23, 2013 09:01 pm

#19

I forgot how to post image here, so only link posted above for IDFC.

posted by Bhavesh on Wed Jan 23, 2013 09:03 pm

#20

use upload image option from image icon in posting box

then image will come correctly



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