Wednesday, August 19, 2009
Bullish Gartley in Ranbaxy 19th Aug 09
,
Ranbaxy Chart - 5 Mins:
Ranbaxy formed a bullish Gartely. It took support from the Fibonacci levels convergence is good, but the ABCD pattern is not perfect. So the trade must be taken with strict stop loss on good entry signal. If trade triggers would suggest trailing stop loss. If it breaks 298 then the chance of falling to 293 to 290 levels may become more.
Subscribe to:
Post Comments (Atom)
2 comments:
Hello Doji
too good analysis with a even greater dedication towards market, i seriously want this dedication in me but couldnt so far.
market is like second god to me, the way it works the way charts looks ohh i cant even explain my feeling.
i dont know why i am telling you this may be because i would like to be as good as you.
anyways keep up the good work
regards
yasharth nathani
Hi Yasharth,
Thanks for the nice words.
When one is trading for living, seriousness and dedication would come automatically. Like it is said, necessity is mother of invention.
cheers
Doji
Post a Comment