FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» AAIC 100 = SCAP 16
by SamJay1974 Today at 12:47 am

» Technical update 12.08.2022 Maharaja
by Maharaja Yesterday at 11:04 pm

» Exterminators Plc (EXT.N)
by ErangaDS Yesterday at 9:09 pm

» ALLIANCE FINANCE COMPANY PLC (ALLI.N0000)
by Gaudente Yesterday at 8:08 pm

» GREAT OPPORTUNITIES FOR EVERYONE-
by ADVENTUS Yesterday at 5:12 pm

» LOLC to enter the giant Indian Market
by samaritan Yesterday at 4:52 pm

» ACL; MELS; HHL; BIL; LWL- STOCKS TO WATCH
by IDK Yesterday at 4:01 pm

» HAYLEYS PLC (HAYL.N0000)
by ADVENTUS Yesterday at 3:42 pm

» Hidden Gem - GLAS - 40/- Soon
by vijay singh Yesterday at 10:36 am

» Buy lofc tomorrow - Maharaja
by Anushka Perz Yesterday at 12:59 am

» LIOC ....Get in soon
by Citizen Silva Sun Aug 14, 2022 10:26 pm

» L G I L - Maharaja special
by Chula Sun Aug 14, 2022 10:12 pm

» New Bermuda Triangle
by CHRONICLE™ Sun Aug 14, 2022 9:23 pm

» SGH buys EXPO from retailers
by samaritan Sun Aug 14, 2022 2:29 pm

» HORANA PLANTATIONS PLC (HOPL)
by cheetah Sun Aug 14, 2022 2:27 pm

» What you need to remember is there is ALWAYS a way to make income from day trading stocks. Stock market for beginners and day traders
by Asoka Samarakone Sat Aug 13, 2022 9:00 pm

» LPRT and CHOT old and profitable businesses, yet severely undervalued
by deli Sat Aug 13, 2022 5:13 pm

» CW Makie Highest Dividend Payer- EPS of Rs.10 for Quarter
by Ros123 Fri Aug 12, 2022 5:57 pm

» LOFC Future
by samansilva Fri Aug 12, 2022 11:05 am

» PIRAMAL GLASS CEYLON PLC (GLAS.N0000)
by stocknoob Fri Aug 12, 2022 7:59 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Where are the technical analysits?

Where are the technical analysits?

+9
traderathome
illuminati
Redbulls
stumpy
saint
smallville
FXX
Roboticfx
hariesha
13 posters

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

1Where are the technical analysits? Empty Where are the technical analysits? Thu Mar 08, 2012 2:18 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics

We didn't see any comments from the technical analysts these days???

2Where are the technical analysits? Empty Re: Where are the technical analysits? Thu Mar 08, 2012 2:24 pm

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Because many members hate TAs!

3Where are the technical analysits? Empty Re: Where are the technical analysits? Thu Mar 08, 2012 2:32 pm

FXX

FXX
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Most use DFN to Analyze the ASI but after the ATS7 upgrade DFN showing wrong data/candlesticks are messed up and the volume also wrong, so until they fix it most TA's cant do anything

http://forum.srilankaequity.com/t16417-directfn-wrong-data

4Where are the technical analysits? Empty Re: Where are the technical analysits? Thu Mar 08, 2012 4:18 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics

I think TA were silent even before the introduction of the new system. Earlier they were telling market will come to this level and bounce back. Reach this level and come back, etc.

5Where are the technical analysits? Empty Re: Where are the technical analysits? Thu Mar 08, 2012 4:29 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

hariesha wrote:I think TA were silent even before the introduction of the new system. Earlier they were telling market will come to this level and bounce back. Reach this level and come back, etc.

Some guys told this would eventually reach 4700-4800 and test the rigorous support there know? Also they told this would reach 5400 when fallen last time (actually it hit around 5500) before moving to 4700 range, rite?

EOD data is still ok I guess, its only intraday data in question...



Last edited by smallville on Thu Mar 08, 2012 6:20 pm; edited 1 time in total (Reason for editing : Edited a typo as Stumpy showed ;))

6Where are the technical analysits? Empty Re: Where are the technical analysits? Thu Mar 08, 2012 5:22 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics

I think market is actually below 5100 now. This index is maintained on manipulation.

7Where are the technical analysits? Empty Re: Where are the technical analysits? Thu Mar 08, 2012 5:34 pm

saint

saint
Stock Analytic
Stock Analytic

http://forum.srilankaequity.com/t15376-word-of-caution-on-technical-analysis
hariesha wrote:
rijayasooriya wrote:Now our forum is full of technical analysers.Most of them seems to be really confidence because of one or two of their predictions have become true.But please remeber in most of the time there is 50% of chance that u might be correct whether u do TA or not.
TA is a vast area like ocean.There are lot factors to concern.Each indicator may not suitable for each market and to make it more difficult to each situation.So u have to be very careful!! If TA is so easier and so correct there should be more and more billionaires.But it is not happening like that.
TA is a useful tool if u handle it correctly and wisely.For that u need,
1.Sound knowledge on TA
2.Very very good experience
3.Very good ability to identify patterns which is a very tricky bussiness
4.Very good common sense.
But if u trap in this TA bussiness.....U situation will be too ghastly to discuss.

At last a forum moderator has understood the danger of TA. In sri lanka most guys use TA to manipulate the market.

Interesting...

Hariesha is looking for TA fellows Razz

8Where are the technical analysits? Empty Re: Where are the technical analysits? Thu Mar 08, 2012 5:38 pm

stumpy

stumpy
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

smallville wrote:
hariesha wrote:I think TA were silent even before the introduction of the new system. Earlier they were telling market will come to this level and bounce back. Reach this level and come back, etc.

Some guys told this would eventually reach 4700-4800 and test the rigorous support there know? Also they told this would reach 6400 when fallen last time (actually it hit around 6500) before moving to 4700 range, rite?

EOD data is still ok I guess, its only intraday data in question...

Small,

I think it should be corrected as 5400-5600!

Cheers!

9Where are the technical analysits? Empty Re: Where are the technical analysits? Thu Mar 08, 2012 5:44 pm

FXX

FXX
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Another thing

if a member post a chart and say ASI will come down, then there are some Positive crowd who come and beat the heck out of the guy saying hes spreading negative thoughts lol so even the TA's will only post charts when ASI start to move up

10Where are the technical analysits? Empty Re: Where are the technical analysits? Thu Mar 08, 2012 5:44 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Just for a thought.
Just like any other analysis technical analysis is also subject to human errors and biases. Moreover, every chart or every analysis is open to varied arguments and interpretations. Ironically, no two technical analysts would agree on same conclusions after studying a single chart. It is possible that both analysts come up with logical support and resistance levels as well key breaks to justify their arguments.

11Where are the technical analysits? Empty Re: Where are the technical analysits? Thu Mar 08, 2012 5:46 pm

stumpy

stumpy
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

True : pirat :

12Where are the technical analysits? Empty Re: Where are the technical analysits? Thu Mar 08, 2012 6:21 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Stumy, Thanks.. Just saw the type.. Guys wud've thought I was dreaming Wink ha haa...

13Where are the technical analysits? Empty Re: Where are the technical analysits? Thu Mar 08, 2012 7:21 pm

illuminati


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Tell us experts where is the market heading ?. OK let me put it this way. Are there any reason/s why the market should move up in the near future. You know what my conclusion is. How about our experts ?

14Where are the technical analysits? Empty Re: Where are the technical analysits? Thu Mar 08, 2012 7:29 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

illuminati wrote:Tell us experts where is the market heading ?. OK let me put it this way. Are there any reason/s why the market should move up in the near future. You know what my conclusion is. How about our experts ?
I prefer the market to be controlled by the bulls. Sad need few confirmations if i am to see market is heading the right direction.that should make all happy in the end. Shocked

15Where are the technical analysits? Empty Re: Where are the technical analysits? Thu Mar 08, 2012 7:38 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

traderathome wrote:
illuminati wrote:Tell us experts where is the market heading ?. OK let me put it this way. Are there any reason/s why the market should move up in the near future. You know what my conclusion is. How about our experts ?
I prefer the market to be controlled by the bulls. Sad need few confirmations if i am to see market is heading the right direction.that should make all happy in the end. Shocked
Attachments
Where are the technical analysits? AttachmentASIchart.jpg
You don't have permission to download attachments.
(6 Kb) Downloaded 27 times

16Where are the technical analysits? Empty Re: Where are the technical analysits? Thu Mar 08, 2012 7:40 pm

FXX

FXX
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

traderathome wrote:
traderathome wrote:
illuminati wrote:Tell us experts where is the market heading ?. OK let me put it this way. Are there any reason/s why the market should move up in the near future. You know what my conclusion is. How about our experts ?
I prefer the market to be controlled by the bulls. Sad need few confirmations if i am to see market is heading the right direction.that should make all happy in the end. Shocked

attachment is too small machan, cant see

17Where are the technical analysits? Empty Re: Where are the technical analysits? Thu Mar 08, 2012 7:49 pm

snandasiri

snandasiri
Manager - Equity Analytics
Manager - Equity Analytics

traderathome wrote:
traderathome wrote:
illuminati wrote:Tell us experts where is the market heading ?. OK let me put it this way. Are there any reason/s why the market should move up in the near future. You know what my conclusion is. How about our experts ?
I prefer the market to be controlled by the bulls. Sad need few confirmations if i am to see market is heading the right direction.that should make all happy in the end. Shocked
Thanks, But couldn't reed.The chart is too small. Shocked
could you please upload larger image? Smile

18Where are the technical analysits? Empty Re: Where are the technical analysits? Thu Mar 08, 2012 8:54 pm

Rajaraam


Vice President - Equity Analytics
Vice President - Equity Analytics

Yes machan, can you make it little larger.

19Where are the technical analysits? Empty Re: Where are the technical analysits? Fri Mar 09, 2012 9:11 am

wiki


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

traderathome wrote: I prefer the market to be controlled by the bulls. Sad need few confirmations if i am to see market is heading the right direction.that should make all happy in the end. Shocked

When all are bearish ..it seems you are the only person with positive view

20Where are the technical analysits? Empty Re: Where are the technical analysits? Fri Mar 09, 2012 9:31 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

wiki wrote:
traderathome wrote: I prefer the market to be controlled by the bulls. Sad need few confirmations if i am to see market is heading the right direction.that should make all happy in the end. Shocked

When all are bearish ..it seems you are the only person with positive view
im having difficulties to upload the charts.send me your email by pm i will send.today infact i wanted to upload the khl chart thiserror msg making me really a heart attack Smile

21Where are the technical analysits? Empty Re: Where are the technical analysits? Fri Mar 09, 2012 9:46 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

wiki wrote:
traderathome wrote: I prefer the market to be controlled by the bulls. Sad need few confirmations if i am to see market is heading the right direction.that should make all happy in the end. Shocked

When all are bearish ..it seems you are the only person with positive view
The bearish leg is as far i am concern is over (speculative) if you see the chart there was HS reversal completed when ASI reversed to 5050 as my calculation. the 2ns leg of bearish channel will confirm if 5050 is broken from my point of view.i will be highly optimistic this current ASI lvl is almost tested 61 Fib lvl from previous high.5850 n 6400 and 7200 will form the neck line of reverse HS and slight pull back not more than 6400 and continuation of its leg up and we should see 9000points tested Very Happy .sorry guys im having trouble with the charts uploading here.

22Where are the technical analysits? Empty Re: Where are the technical analysits? Fri Mar 09, 2012 9:50 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

traderathome wrote:
wiki wrote:
traderathome wrote: I prefer the market to be controlled by the bulls. Sad need few confirmations if i am to see market is heading the right direction.that should make all happy in the end. Shocked

When all are bearish ..it seems you are the only person with positive view
im having difficulties to upload the charts.send me your email by pm i will send.today infact i wanted to upload the khl chart thiserror msg making me really a heart attack Smile
the error msg as follows
:Could not upload file : exceeded user allowed storage. (Free space : 0)" drunken

23Where are the technical analysits? Empty Re: Where are the technical analysits? Fri Mar 09, 2012 10:00 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

traderathome wrote:
wiki wrote:
traderathome wrote: I prefer the market to be controlled by the bulls. Sad need few confirmations if i am to see market is heading the right direction.that should make all happy in the end. Shocked

When all are bearish ..it seems you are the only person with positive view
The bearish leg is as far i am concern is over (speculative) if you see the chart there was HS reversal completed when ASI reversed to 5050 as my calculation. the 2ns leg of bearish channel will confirm if 5050 is broken from my point of view.i will be highly optimistic this current ASI lvl is almost tested 61 Fib lvl from previous high.5850 n 6400 and 7200 will form the neck line of reverse HS and slight pull back not more than 6400 and continuation of its leg up and we should see 9000points tested Very Happy .sorry guys im having trouble with the charts uploading here.
but guys do not go on buying with this scenario,wait for the market to come to you and not the other way round. Laughing

24Where are the technical analysits? Empty Re: Where are the technical analysits? Fri Mar 09, 2012 10:37 am

stumpy

stumpy
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Stumpy_da_trader@live.com

25Where are the technical analysits? Empty Re: Where are the technical analysits? Fri Mar 09, 2012 11:08 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

stumpy wrote:Stumpy_da_trader@live.com
I sent you please chk. Very Happy

Back to top  Message [Page 1 of 2]

Go to page : 1, 2  Next

Permissions in this forum:
You cannot reply to topics in this forum