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past short term calls follow-up/performance***(stocks to watch)

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***all analysis are based on self chart study only, actual trading gains may vary.
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    Friday, February 6, 2009

    1-2-3 trend reversal...



    reliance intraday chart.

    for a bullish reversal:

    point 1 is the end of the previous downtrend, point 2 is the pullback lvl, point 3 is re-test of earlier low without breaking it.

    entry is taken on brkout above point 2, aggressive entry can be taken on trendline brkout.

    1-2-3 reversal pattern is visible and can be traded on all timeframes.

    Posted by abhay r somkuwar at 9:11 AM 1 comments

    Tuesday, February 3, 2009

    the magic continues...



    i could'nt stop myself from posting this lovely chart again, it worked to perfection every time for swing support and resistance.

    todays technical supports(non-chartical) for nifty spot are 2740/2690.

    Posted by abhay r somkuwar at 10:05 AM 0 comments

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