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Prashanth
5th January 2009, 11:17 PM
Hello,

First a Note: While Title is 6th Jan , since charts are of EOD, trade will be for a few days as against next day move itself.

1. Patni Computers

Breakout above 145.00

http://i175.photobucket.com/albums/w153/Prash454/Patni.png

2. Mc-Dowell

Breakout above 980.00

http://i175.photobucket.com/albums/w153/Prash454/McDowell.png

Cheers

Prashanth

achinj
6th January 2009, 12:46 AM
again 2 from my end ... Rolta for Long and IDBI for Short :)

achinj
6th January 2009, 07:45 PM
MCD did nice move Prashanth .. thanks for sharing and keep sharing

btw i have a small doubt .. there is a red line which is some MA i assume. Can you let me know what is it and how to add it.

Prashanth
6th January 2009, 09:36 PM
MCD did nice move Prashanth .. thanks for sharing and keep sharing

btw i have a small doubt .. there is a red line which is some MA i assume. Can you let me know what is it and how to add it.

Thanks. As regards to Red and Green Lines. No, they are not MA's. They are from this formula,

http://www.amibroker.com/library/formula.php?id=152

Unfortunately, in trying to catch the trend as early as possible, they whipsaw quite a bit and hence cannot be used directly for trading.