Monday, June 8, 2009

Update: HDIL Wolfe Wave

Update on HDIL Wolfe Wave, target reached for this.

It formed a candlestick hammer at the target which is giving support at present. But can't see the increased volumes yet, may expect some more down move if that hammer is taken down. Below is the 5 min chart attached.




Update at 5:00PM: 

Hdil formed hammer at the target line, price moved up with lower volumes reperesenting a automatic rally. Later price dropped swiftly after breaking the hammer low. Below is the 5 min chart of HDIL


4 comments:

SATYAM on June 8, 2009 at 5:20 PM said...

Almost 70 bucks from the shorting entry point .. one cant get bigger than this .. this is awesome. Wish u all the very best for work and life.
And one more thing ...

"THIS IS THE BEST BLOG ON INDIAN STOCK MARKET. JUST KEEP ROCKING."

Doji (Blog Author) on June 8, 2009 at 8:54 PM said...

Hi Satyam,

Thank you for your nice words and wishes :)

Regards,
Doji

Krunal Gajjar. on June 8, 2009 at 9:15 PM said...

Hi Doji,

I feel, i never seen such confidence in any of the analyst's blog, excellent work, i missed the train but i m being big fan of the blog & urs...

Heartly Regards,
Krunal.

Doji (Blog Author) on June 8, 2009 at 11:42 PM said...

Hi Krunal,

Thank you very much for your encouragement.

Doji

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