I guess chart states it all looking delicious and juicy to short.
Same condition wait for candle to break trendline in 1 hr, and when low of that 1 hr breaks in next candle go short.
Hi, I am Sudheer Sarhadi originall from Vashi New Bombay India right now staying in Toronto Canada. I have made this site to post some of my readings which I think will be helpful to all my freinds, as I have to send the same chart to all and talk in detail. My intention is not to compete with anyone but to share my study which can show Stocks,Scripts,Equities and Forex can be so simple to trade even without use of indicators. P.S. I donot recommend to take trade only to observe :)
Sunday, 24 June 2012
Bhel.
Bhel Multilayered Resistance.
Bhel 60 min chart with trendline,breaking of trendline in 60 min we can go short when price go below 60 min candle that breaks trendline.
Bhel 60 min chart with trendline,breaking of trendline in 60 min we can go short when price go below 60 min candle that breaks trendline.
Bank of Baroda.
As Chart Indicates good price to go long or short. Right now BOB is entering in its resistance.
Closing of 1 hr candle below this trendline break,its a good short.
Closing of 1 hr candle below this trendline break,its a good short.
Bajaj Auto
Bajaj Auto good to long and short as per described levels above.
1 hr Bullish engulfment for long and 1 hr bearish engulfment for short.
1 hr Bullish engulfment for long and 1 hr bearish engulfment for short.
Saturday, 23 June 2012
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