tag:blogger.com,1999:blog-7194591483809860945.post5299539001458607741..comments2024-03-28T17:16:44.258+05:30Comments on Stock Market Chart Analysis: NIFTY Weekend UpdateSanhttp://www.blogger.com/profile/14560526783105546906noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7194591483809860945.post-54575801122943038362011-06-06T09:42:49.094+05:302011-06-06T09:42:49.094+05:30@swetha
If the neck line is a sloping one we can h...@<a href="#c1569982396644832211" rel="nofollow">swetha</a><br />If the neck line is a sloping one we can have a scenario like what you are saying. But here the neck line is a horizontal one So the structure will look good only if the right shoulder stops around 5430 - 5440 level. Anything below that will not look good.<br /><br />And the first thing that i decide before enter a trade is the stop loss. So i will try to go long from 5450 level with 5420 as stop loss on closing basisSanhttps://www.blogger.com/profile/14560526783105546906noreply@blogger.comtag:blogger.com,1999:blog-7194591483809860945.post-15699823966448322112011-06-06T09:33:49.706+05:302011-06-06T09:33:49.706+05:30sir,
To form the right sholder why the price shou...sir,<br />To form the right sholder why the price should not fall more than 5420-5430 level.<br />thanqAnonymoushttps://www.blogger.com/profile/05457602269497571526noreply@blogger.comtag:blogger.com,1999:blog-7194591483809860945.post-84220473803313993602011-06-06T08:17:55.676+05:302011-06-06T08:17:55.676+05:30@Nilesh
It is a kind of sloping inverse head and s...@<a href="#c3229118239096481371" rel="nofollow">Nilesh</a><br />It is a kind of sloping inverse head and shoulders pattern. But you can put it into a triangle category. I have shown this triangle in my earlier weekly posts.<br /><br />Thank YouSanhttps://www.blogger.com/profile/14560526783105546906noreply@blogger.comtag:blogger.com,1999:blog-7194591483809860945.post-32291182390964813712011-06-05T20:37:45.700+05:302011-06-05T20:37:45.700+05:30Sir,
Please see daily or weakly chart of nifty tha...Sir,<br />Please see daily or weakly chart of nifty that is it forming a reverse head and shoulder. 1st shoulder is 6336 to 5690, then head is 6179 to 5178 and 2nd shoulder is 5900 to 5348. Kindly guide me.Nilesh Patilhttps://www.blogger.com/profile/13835526529542582302noreply@blogger.com