May 26, 2010

FORD MOTOR CO(F) DAILY CHART TRIANGLE

FORD MOTOR DAILY TRIANGLE
  • FORD MOTOR CO IS WAITING TO BREAK OUT. ABOVE 11.6 FORD CAN MOVE UP TO 15.6.
  • BELOW 10 IT WILL GO TO 6.
THANK YOU

AT & T Inc (T) WEEKY HEAD AND SHOULDERS

AT & T WEEKLY HEAD AND SHOULDERS

  • AT & T HAS BROKEN DOWN FROM A HEAD AND SHOULDERS PATTERN
  • TARGETING 20 AS THE FIRST TARGET FOR THIS PATTERN BREAK DOWN.
THANK YOU

I SHARES RUSSEL 2000 INDEX WEEKLY TRIANGLE

WEEKLY CHART
DAILY CHART
  • WEEKLY Chart is forming a triangle like formation.
  • Break on either side will be followed by a 20 point move towards the break out side.
  • Price closed above the 200 day moving average in daily chart.
  • Price is also closed above the crucial support of 64.
thank you

RELIANCE 15 Minutes chart

  • Reliance Trading above 1010 Might go to 1030.
  • Intraday stop loss 990

TATA MOTORS Channel is still intact

TATAMOTOR DAILY CHART

15 MINUTES CHART
  • Channel is yet to be broken in the daily chart.
  • One can remain long in the stock as far as the stock holds the channel bottom line.
  • keep a stop loss of 660-665.

Nifty Today's price Action in 5 minutes

  • Nifty 5 minutes chart showing today's price action.
  • A triangle like formation.
  • CAUTION : PRICE HAS TO TRADE ABOVE DAY HIGH
thank you

NIFTY Hour Chart 2nd reversal attempt

  • Below 4860 index will get back into the channel.
  • Need to build some more momentum and trade firmly above 4920 for us to call this a reversal.
thank you

NIFTY Weekly Chart Trendline Breaks

NIFTY WEEKLY
  • NIFTY Weekly has broken all Trend line supports.
  • Only a reversal and close above the 3rd trend line can save the nifty.
thank you

NIFTY 30 minutes FALLING WEDGE

UPDATED CHART

FALLING WEDGE UPDATE

FALLING WEDGE
  • LET'S SEE IF THIS ONE CAN REVERSE NIFTY'S DIRECTION.
  • SHOULD TRADE ABOVE 4865 FOR THE PATTERN TO BE EFFECTIVE.
thank you

DOW JONES 5 Minutes Saucer bottom

  • Saucer bottom formation in DOW 5 minutes chart
  • Trading above 9960 DOW can reach 10150.