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Well, its interesting that you say that. Common man, they dumped their IPO at the exact moment. Look at the guys who are still waiting to en-cash...notably Kohlberg Kravis Roberts & Co...Phew! Its a long long wait for them. Idiots are guys who subscribed to that :)

Check out www.amibroker.com. You can program it to send you Alerts whenever preset conditions are met.

The corrected and complete AFL is attached herewith. Prashanth

Personally I think that we have had enough of Discussions regarding as to whether Trendlines work or not. (As of now, its 25 Pages). Instead, could we start discussing as to the correct and in-correct ways of drawing Trendlines. Of course, non - believers can move onto new threads :) . Cheers

And here is the Second Chart ( A close up shot to show more attributes of the Trendline). Cheers

I moderate a Yahoo Group {Technical-Investor} wherein I had posted the first chart on 24th April 2005. The chart is of the Index of National Stock Exchange of India. The Trendline which earlier acted as Support has now acted as Resistance. I will post the updated chart as on date in the next...

Nothing, just wanted to show that all kinds of Permutations & Combinations some of which may be untradable can be got from Automated Formulas for detecting Trendlines. Hence my reasoning that its always better to view the chart with the naked eye rather than go for Automatic Scan and...

I use AmiBroker and formulas to detect Trend and Patterns are available freely . This not only draws trendlines but also looks for Triangle formations, Wedges, etc. I can get the results through a Scan too. But at the end of the day, to trade the signal, I prefer to have to have a look at the...

Trend Lines are more a interepretion of the eye rather than a signal which can be detected Automatically through a Scan. Wonder why people always are always looking for the easy way. Cheers