Thursday, August 20, 2009
Update: Bullish AB=CD pattern in Relinfra 20th Aug 09
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Relinfra Intraday Chart - Hourly:
Update on Bullish AB=CD pattern in Relinfra, it didn't trigger long entry today. Will update when it triggers long trade.
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5 comments:
Hi Doji,
Greetings!
Rel Infra ...It did trigger the entry at 1100 (tht you had mentioned in the earlier post). But then Why didnt we take it? Pls explain in detail.
Also, Can you pls appraise us the source of the Tick data?
Thanks, regards and ATB
Hi Jayesh Bhope,
what I ment was to look for entry signal above Rs.1100. The stock looks weak below 1100 and is not recomended to go long below this level. Also, if you notice, it opened gap above 1100 and never broke above the first 5 min bar, hence trade didn't get triggered.
-Doji
Thnx Doji. Pls also provide inputs for the Tick Data, too.
regards..
Jayesh, its india infoline
Thnx Doji. I'll look into it.
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