Pattern recognition ?

[razx5]

MTNL have broken out of falling wedge...

good job mr.czar.but how to identify such scrips?do u have any software to recognize such scrips.the stock made news on 24/7/2008.but it already reached its target leaving traders like me no time to buy.when to buy such stocks .at close or during middle of trade?please reply

 

[Czar]

Well I personally scan all A group stocks manually & some B group too, dont use any software & I had bought MTNL B4 breakout , anticipating a move since some other indicators were showing a buy...

 

[razx5]

Well I personally scan all A group stocks manually & some B group too, dont use any software & I had bought MTNL B4 breakout , anticipating a move since some other indicators were showing a buy...

plz post such scrips b4 the breakout i ul b really thankful

 

[Czar]

re-entered punj lloyd 277 (fut), looks promising, hourly swing favourable...

 

[razx5]

re-entered punj lloyd 277, looks promising, hourly swing favourable...

resistance@300 isnt it?todays closing is 281.u mean to say it ul touch 300 in next few days rt.?thanx i ul have a close look 2moro.what about subex?looks like heading towards 130 fast with huge volumes.

 

[Czar]

Maybe but my reasons for long were 1) Favourable hourly swing 2) 20 MA above 50 MA 3) It maybe going to test the broken trendline after which we shall look further...

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[Czar]

Learned2 : I am sure you are going to have a record on TRaderji of the most thanks giving member

 

[learn2trade08]

LOL,i remember my mentor saying never miss an oppurtunity to thank so following his words...

Learned2 : I am sure you are going to have a record on TRaderji of the most thanks giving member

 

[razx5]

re-entered punj lloyd 277 (fut), looks promising, hourly swing favourable...

yuppie.its moving.waz ur opinion on ashapurmin?is it a dead cat bounce pattern?got hammered last 5-6 trading sessions.today suddenly up by 10% @127.will it hit 140 from where it started its decline?

 

[Czar]

looks very promising & a cross above 143 can take it to 165, though stop will be 105...