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

breakout patterns

Discussion in 'Technical Analysis' started by mahipalreddy28, Jul 17, 2012.

  1. mahipalreddy28

    mahipalreddy28 New Member

    Joined:
    May 3, 2012
    Messages:
    12
    Likes Received:
    0
    dear shabbir

    how to identify breakout patterns which are fallen from higest price to low level eg.relcap and tata steel.kindly elaborate how to differentiate pullback and spikes.
     
    mahipalreddy28, Jul 17, 2012
    Share #1
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    I have explained them in the ebook and here once again.

    Pull backs happen in down trend and break out happens in up trend.
     
    shabbir, Jul 17, 2012
    Share #2