Tag Archives: Ascending Triangle formation

Technical Calls:PFC,BPCL and Bharti

By | September 5, 2012

People are successful in business because, while they make mistakes at first, they study these mistakes and avoid them in the future. Then by gradually acquiring a knowledge of the basic principles of success, they develop into good business men. Buthow many apply this rule to investing and trading? Very few do any studying at… Read More »

Technical Set up:Hero Honda,Tata Motors and Maruti

By | July 19, 2012

Be aware of what is going on in your mind, body and feelings. Slipping into an internal focus seems automatic because we aren’t fully aware of it as it is happening. Being aware of what the mind is saying and how we are feeling is the first important step in mental toughness. You can catch… Read More »

Technical Calls:NMDC,Aban and Ge Ship

By | May 21, 2012

NMDC Symmetrical Triangle  Formation with breakout above 179. Buy above 179 Tgt 183,186 and 188 Sell below 174.5 Tgt 171,169 and 166     Ge Ship Ascending Triangle Formation in GE ship with base formation at 235 odd levels.Breakout above 249 will lead to initial buying till 254 odd levels. Buy above 247 TGt 249,253… Read More »

Technical Analysis:Ashok Leyland,Coal India,IRB and DCB

By | April 18, 2012

Traders come to the markets with great expectations, but few make profits and most wash out. A successful trader must hop over several high hurdles—and keep hopping. Being better than average is not good enough—you have to be head and shoulders above the crowd. You can win only if you have both knowledge and discipline.… Read More »

Technical Analysis:Bank Nifty,HDFC bank and SBI before RBI meet

By | April 17, 2012

In any particular trade you never really know how far prices will travel from any given point. If you never really know where the market may stop, it is very easy to believe there are no limits to how much you can make on any given trade. From a psychological perspective this characteristic will allow… Read More »