A difficult barrier broken n today

Stockmate · 1 A difficult barrier broken n today Thu Sep 06, 2012 8:41 pm

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It's great to see that the top resistance of long down trend was broken today. It the market is able to stay above that line for few more days that broken resistance will turn out to be a support.
https://i.servimg.com/u/f36/16/66/37/07/asi_no10.png
The rise may reach 5500-5600 range.

K.Haputantri · 2 Re: A difficult barrier broken n today Thu Sep 06, 2012 9:01 pm

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Thanks stockmate. I am happy that you are back.

opfdo · 3 Re: A difficult barrier broken n today Thu Sep 06, 2012 10:17 pm

opfdo

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K.Haputantri wrote:Thanks stockmate. I am happy that you are back.

yes mate

kmchandra1 · 4 Re: A difficult barrier broken n today Thu Sep 06, 2012 10:21 pm

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opfdo wrote:

K.Haputantri wrote:Thanks stockmate. I am happy that you are back.

yes mate

yes buddy you are valuable person for us

Roboticfx · 5 Re: A difficult barrier broken n today Thu Sep 06, 2012 11:30 pm

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Yes, market will be stable between 5000 and 5800 for considerable time period. It seems market has recovered but we cannot sure because info is not much sufficient. However, we can get confirmed it soon. We have only experienced this sudden rise only few days.
Very Happy

Kithsiri · 6 Re: A difficult barrier broken n today Thu Sep 06, 2012 11:45 pm

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Roboticfx wrote:Yes, market will be stable between 5000 and 5800 for considerable time period.

Can you narrow it down further because 5000 to 5800 is little too much, isn't it?

Light of Hope · 7 Re: A difficult barrier broken n today Fri Sep 07, 2012 5:20 am

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let us know if the tide is changing

smallville · 8 Re: A difficult barrier broken n today Fri Sep 07, 2012 8:23 am

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Calm before the storm..

Antonym · 9 Re: A difficult barrier broken n today Fri Sep 07, 2012 9:15 am

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Kithsiri wrote:

Roboticfx wrote:Yes, market will be stable between 5000 and 5800 for considerable time period.

Can you narrow it down further because 5000 to 5800 is little too much, isn't it?

Roboticfx is right in providing a range.

It is believed that, for a frontier market, an acceptable P/E Ratio would be between 10.0 and 12.5. For the ASI, that would translate to a range between 4900 and 6100... Plan your strategy accordingly: Buy low, sell high.

traderathome · 10 Re: A difficult barrier broken n today Fri Sep 07, 2012 10:51 am

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let me me say 5550 a gud point to reach where ASI got twice bitten in Feb & April this year.

3rd time Lucky Basketball

traderathome · 11 Re: A difficult barrier broken n today Fri Sep 07, 2012 2:31 pm

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traderathome wrote:let me me say 5550 a gud point to reach where ASI got twice bitten in Feb & April this year.

3rd time Lucky

surely it is good sign asi testing 5500 Laughing

Stockmate · 12 Re: A difficult barrier broken n today Fri Sep 07, 2012 2:36 pm

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Guys
We can forget tach-ranges and fundamentals if the market is very active. Under current investor behavior we can make money very well. Dont worry even if it falls today if you know how to respond. For me last few weeks have been great. I am harvesting. I cast the net in to troubled waters now I am enjoying the harvest.

K.Haputantri · 13 Re: A difficult barrier broken n today Fri Sep 07, 2012 2:40 pm

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Turn over over 1.75 billion is impressive! 20 day moving average turning up! ?When can it (20 day MV) cross the 200 day MA.

Chinwi · 14 Re: A difficult barrier broken n today Fri Sep 07, 2012 2:43 pm

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Stockmate wrote:Guys
We can forget tach-ranges and fundamentals if the market is very active. Under current investor behavior we can make money very well. Dont worry even if it falls today if you know how to respond. For me last few weeks have been great. I am harvesting. I cast the net in to troubled waters now I am enjoying the harvest.

ඔන්න වැඩ !

traderathome · 15 Re: A difficult barrier broken n today Fri Sep 07, 2012 2:48 pm

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K.Haputantri wrote:Turn over over 1.75 billion is impressive! 20 day moving average turning up! ?When can it (20 day MV) cross the 200 day MA.

yes very very impressive today indeed.

Monday should be with more excitement.. Very Happy

I am not 100% with indicators of MA giving me buy /sell signals...its ok to identify the change in trends etc...but i rely on Price Action and fundamentals that will let you in the GAME in early stage..where the smart money enter......

Best of Luck
For all those who suffered during hard times....
Reap your Harvest...but dont get out too early.....

TAH Cool

gamaya · 16 Re: A difficult barrier broken n today Sun Sep 09, 2012 10:32 pm

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Can anybody help me out by explaining how to get ASI chart in Direct FN. Only stock charts are coming in my one. when try to get ASI only blank sheet coming,

traderathome · 17 Re: A difficult barrier broken n today Sun Sep 09, 2012 10:47 pm

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gamaya wrote:Can anybody help me out by explaining how to get ASI chart in Direct FN. Only stock charts are coming in my one. when try to get ASI only blank sheet coming,

hi gamaya....CLICK the ASI symbol or MPI

[img] A difficult barrier broken n today Asi11