Marketcalls

Simply Intelligent Technical Analysis and Trading Strategies

You are here: Home / Analysis / Pullback and Dropdown in Aban Offshore

Pullback and Dropdown in Aban Offshore

by Leave a Comment


 

Stock : Aban Offsore
CMP : Rs 2606
Target : Rs 2400
 
 
Oh July 6, i wrote a topic about pullback in Aban offshore upto the 13 day EMA.
Did a maximum target upto 2926 and touches the 13 day EMA line and then a immeditate
crack. Have a look at it. Right now the stock is in sell mode and the EMA setup is also
not looking fine. Short in every rise for your profits.
 
Regards,
Rajandran R
 
 
 
 
Source:
www.marketcalls.in

Related Readings and Observations

  • Short Update on the Emotional and Exponential Gaps in Nifty FuturesShort Update on the Emotional and Exponential Gaps in Nifty Futures Nifty is trading very close to all time high levels which is perfectly normal for a bull market sentiment and nothing much changed from the last view on exponential unfaded gaps in Nifty […]
  • How a Trader should view TRIN readingsHow a Trader should view TRIN readings Many of our readers requested how to trade trin. Here is an extract from "Mastering the Trade - John.F.Carter" about his knowledge on TRIN. Most Educational material on "How to use the […]
  • Triangle Breakout in Gold Daily ChartsTriangle Breakout in Gold Daily Charts Now gold is trading around $1301 & we can see on charts, gold was able to provide a triangle breakout. This breakout was very much awaited after gold placed a bullish candlestick pattern […]
  • Gold Recovery So Far Confusing.Gold Recovery So Far Confusing. Now gold showing recovery from previous bottom level & also broken from a shot term descending channel as shown in picture. However this breakout  is not supported well in terms of […]
  • How to Convert your MS Excel into Dynamic Nifty Heat MapHow to Convert your MS Excel into Dynamic Nifty Heat Map Here is a simple Web Query Based Excel Spreadsheet, Which converts your MS Excel into Dynamic Nifty Heat Map with an auto update of every 1 minute from the source Buzzing […]
  • ONGC Futures Showing Sign’s of Reversal?ONGC Futures Showing Sign’s of Reversal? ONGC Futures (March 2014) on the 15min Intratrend Charts is in Buy mode since 18th Feb 2014 and the Buy mode continuing for a prolonged time. And the stochastic signals overbought levels. […]

About Rajandran

Rajandran is a Full time trader and founder of Marketcalls & Co-Founder of Traderscafe, trades mostly using discretionary Trading Concepts like Market Profile, Trading sentimental analysis, building timing models, algorithmic trading models. Instructs professional traders, full time traders & aspiring full time traders. Rajandran attended college in the Chennai where he earned a BE in Electronics and Communications. Rajandran has a broad understanding of trading softwares like Amibroker, Ninjatrader, Esignal, Metastock, Motivewave, Market Analyst(Optuma),Metatrader,Tradingivew,Python and understands individual needs of traders and investors utilizing a wide range of methodologies.

Leave a Reply

%d bloggers like this: