Thursday, May 26, 2011

25-05-11 CWP CHART

A RECTANGLE formed around S4,S3 level and breakdown then target S5 reached.

Wednesday, May 25, 2011

24-05-11 CWP CHART

A WEDGE formed around R3 level and breakdown then gave 14 pts. Again a wedge formed around R3 level and breakdown then target S3 reached.

Monday, May 23, 2011

20-05-11 CWP CHART

A WEDGE formed around R4 level and breakout then target R5 and above reached.

Friday, May 20, 2011

19-05-11 CWP CHART

A WEDGE formed around PREVIOUS CLOSE level and breakdown then target S3 reached.

Wednesday, May 18, 2011

18-05-11 CWP CHART

A WEDGE formed around PREVIOUS CLOSE level and breakdown then target S3 and below reached.
An INVERTED HEAD AND SHOULDER formed around S3 level and breakout then reached Previous Close.

17-05-11 CWP CHART

A WEDGE formed around R3 level and breakdown then target S3 Reached. Again A WEDGE formed around S3 level and breakdown then target S4 and S5 Reached

Tuesday, May 17, 2011

16--05-11 CWP CHART

A WEDGE formed around S3 level and breakdown then 20 points gained, again A WEDGE formed around S3  level and breakdown then 22 points gained.

Sunday, May 15, 2011

13--05-11 CWP CHART

A CUP AND HANDLE formed around previous close level and breakout then target  R3,R4 and R5 reached

Thursday, May 12, 2011

11-05-11 CWP CHART


A WEDGE formed around Previous Close level then breakdown and 20 pts gained. Again a CHANNEL formed around Previous Close level then breakout and reached R3.

Wednesday, May 11, 2011

10-05-11 CWP CHART

A RECTANGLE formed at previous close level then breakout target R3 and R4 reached, second time a DOUBLE TOP formed at R4 level then breakdown target previous close and S3 reached.

Monday, May 9, 2011

Friday, May 6, 2011

06-05-11 CWP CHART


A WEDGE formed around R4 level and breakdown, then reached R3 and below,TSL hit exited with profit. Again a WEDGE formed around R4 level and breakout gave 40 pts.

05-05-11 CWP CHART

A WEDGE formed around previous close level and breakdown then reached S3,S4,S5 and below.

Thursday, May 5, 2011

04-05-11 CWP CHART


A  SYMMETRICAL TRIANGLE formed around S3 level, breakout from there and reached Previous Close and above.
  

Wednesday, May 4, 2011

03-05-11 CWP CHART






A RECTANGLE formed around Previous Close level and reached S3, S4, S5 and below.

Monday, May 2, 2011

02-05-11 CWP CHART


A DESCENDING TRIANGLE formed around PREVIOUS CLOSE level and reached S3 and below.