BreakOuts

[aca_trader]

Enuff for the day.

Best Regards,
--Ashish

 

[karthikmarar]

Hi Ashish

I am getting confused a little... are we using the word breakout in a very general term? Are we mixing Trendline breaks with breakouts?

regards

Karthik

 

[aca_trader]

Hi Ashish

I am getting confused a little... are we using the word breakout in a very general term? Are we mixing Trendline breaks with breakouts?

regards

Karthik

In a sense broader than congestion breakout. The charts are breakout candidates for Support and Resistence Lines or patterns but certainly not trendline breaks.
Further, In none of them, the breakout has yet occured.

Best Regards,
--Ashish

 

[karthikmarar]

In a sense broader than congestion breakout. The charts are breakout candidates for Support and Resistence Lines or patterns but certainly not trendline breaks.
Further, In none of them, the breakout has yet occured.

Best Regards,
--Ashish

oops... thought that hindalco chart was posted to show the trendline break

warm regards

 

[aca_trader]

oops... thought that hindalco chart was posted to show the trendline break

warm regards

I knew it was the culprit.
Hence the Hindalco chart has been changed now and TL removed from it.

Regards,
--Ashish

 

[trader21]

Find attached chart of murudcera

 

[prashant_bpl]

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[Satyen]

Thank you seniors

this wil provide valuable inputs to learn about break out

regards

satya

 

[aca_trader]

REI Agro has breached a level which acted as tough support for a few moths. It should act as support once again now. Long only above 189.

Best Regards,
--Ashish

 

[aca_trader]

Cup & Handle/ Rounding Bottom followed by Descendiing Triangle.


Regards,
--Ashish