Saturday, May 8, 2010

ICICI Views!!!

6 comments:

bullvsbear said...

Hi,

I have bought ICICIBANK 880 PA at 20 now at 10 based on the above pattern..is this pattern still valid as the price moved above tjhe
neckline.. please provide SL.

Thanks
Gnana

Tryin2Trade said...

Sekar

Aggressive short should have been somethin above the neckline (approx 915/20) and conservative at the top of the right shoulder.

Yes the pattern is valid as long as we dont take out the right shoulder....

Cheers

bullvsbear said...

Thank you very much Monoj!

yes i should have taken at the right shoulder. let us how it plays..

Once again thanks for the reply. Keep posting, its very informative and helpful for people like us.

Tryin2Trade said...

Sekar

I appreciate that you like the views on the blog...

But it scares if these are to be taken as trading recommendations...

I would be rather happy if you do your due diligence and use this blog to corroborate your OWN analysis!

Cheers!!!

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Really Nice Stock Market Blog and very good Trading prediction.

I have bookmarked your blog.

Thanks.

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