LIC Housing needs push from BULLS !!! June 3, 2010 | 3 Comments Earlier Post: http://breakouttechnical.com/wp-content/uploads/2010/05/NSE-LICHSGFIN-27MAY2010_Daily_1-Year.png Categories: Sizzling charts
Sir, U have drawn a trend line which cuts thro candles where as we could have drawn a TL w/o crossing the candles thro other two pivot lows. Pl share
Mr Rangarajan I could not understand your question of TL. I am attaching herewith LIC’s Bar chart. Tell me how TL to be drawn. C T R
Had we drawn a TL connecting the PLs of 24/2 & 26/5 instead of 19/4,it would not have intercepted many bars. Pl correct me where i have gone wrong
Sir,
U have drawn a trend line which cuts thro candles where as we could have drawn a TL w/o crossing the candles thro other two pivot lows.
Pl share
Mr Rangarajan
I could not understand your question of TL. I am attaching herewith LIC’s Bar chart. Tell me how TL to be drawn.
C T R
Had we drawn a TL connecting the PLs of 24/2 & 26/5 instead of 19/4,it would not have intercepted many bars.
Pl correct me where i have gone wrong