SL moved to pivot low, 1136 - filter. Todays high of 1245 is near target of 1300 :)
Update at 5th May 2009, 4:30pm:
Todays high is 1277.65, very close to the target of 1300. Profit on the call upto the peak today is 50.7%
Friday, June 5, 2009
Update: ABAN Pole and Flag
,
Continuation to previous post ABAN Pole and Flag
SL moved to pivot low, 1136 - filter. Todays high of 1245 is near target of 1300 :)
Update at 5th May 2009, 4:30pm:
Todays high is 1277.65, very close to the target of 1300. Profit on the call upto the peak today is 50.7%
SL moved to pivot low, 1136 - filter. Todays high of 1245 is near target of 1300 :)
Update at 5th May 2009, 4:30pm:
Todays high is 1277.65, very close to the target of 1300. Profit on the call upto the peak today is 50.7%
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4 comments:
doji, could u please give an update on the charts of mercator lines.
thanking you.
Sorry ankit, I am not tracking mercator lines
doji shall i hold l&t for tgt of 2200
Hi Ravi,
We didn’t get a clear breakout in LT though prices moved up last friday. And also follow ilango Sir Comment at http://www.chartreader.co.in/2009/06/l-longer-term-analysis.html#comments . Clear break out is important for the prices to sustain the up move.
I did not go long in LT on Friday for the same reason. If I were to trade, I will not hope for too much until a clear breakout or strength in the uptrend is seen and have strict trailing stop loss until then.
Hope my view helps.
-Doji.
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