Chambal Fert Chart - Hourly:
Tuesday, September 1, 2009
Technical Analysis on Chambal Fert - 31 Aug 09
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Chambal Fert Intraday Chart - 5 mins:
Chambal Fertilizer formed a Symmetric Triangle with lower volumes in 5 min time frame. Break out or break down with volume confirmation may give the target of the height of the Triangle, which is Rs. 2.50
Chambal Fert Chart - Hourly:
In hourly charts the triangle has formed like a pennant to the pole. As this Triangle formed after the sustained up move with spiking volumes, it acts like a pole and pennant (continuation pattern). If breaks out happens to the triangle in 5 min time frame then the extended target would be the height of the pole which is Rs.5
Chambal Fert Chart - Hourly:
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3 comments:
Looks like u r gonna have a good brkfast and lunch with chambal today :D... good morning.
Good morng sir
hw r u dng?
sir a request cn u post sum lght on ivrcl infra share, hw mch upside cn v c i hold at 350 rs and i cn hold for a week any trgts fr d shares plz???
and cn u plz advice whch sofware u use 2 c charts
Regards
Akki
Hi Akki,
I posted my view on IVRCL Infra, below is the link
http://www.chartreader.co.in/2009/09/flag-and-pole-in-ivrcl-infra.html
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