1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

IDFC

Discussion in 'Technical Analysis' started by myidgmc, Sep 26, 2015.

  1. myidgmc

    myidgmc Member

    Joined:
    Dec 7, 2013
    Messages:
    105
    Likes Received:
    6
    looks like formed W pattern.

    Could please confirm.

    can we buy @140 with sl 134 and target 155?

    Thanks in advance
     

    Attached Files:

    myidgmc, Sep 26, 2015
    Share #1
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Don't see a W. Can you please draw in the attached chart
     
    shabbir, Sep 27, 2015
    Share #2
  3. myidgmc

    myidgmc Member

    Joined:
    Dec 7, 2013
    Messages:
    105
    Likes Received:
    6
    Hi shabbir,

    I have drawn W in the attached file.

    Thanks for making sure that we understands the things :)
     

    Attached Files:

    myidgmc, Sep 29, 2015
    Share #3
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Thats more of a breakout above 134 now. The W you have drawn is more like a higher top higher bottom though.
     
    shabbir, Sep 29, 2015
    Share #4