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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Pivot Point Indicator

Pivot Point Indicator

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Go down  Message [Page 11 of 14]

201Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Wed Sep 11, 2013 4:26 pm

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics
@LSE wrote:Get Technical Analysis Chart(s)

http://finance.yahoo.com/q/ta?s=^CSE&t=1y&l=on&z=l&q=c&p=p%2Cb%2Ce20%2Ce5%2Cm10&a=r14%2Cm26-12-9&c=

study study study
RSI around 20,What are the other leading indicators of bull?

202Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Wed Sep 11, 2013 4:52 pm

LSE


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@dhanurrox wrote:
@LSE wrote:Get Technical Analysis Chart(s)

http://finance.yahoo.com/q/ta?s=^CSE&t=1y&l=on&z=l&q=c&p=p%2Cb%2Ce20%2Ce5%2Cm10&a=r14%2Cm26-12-9&c=

study study study
RSI around 20,What are the other leading indicators of bull?
dhanurrox,
Friend, What did you mean by  "What are the other leading indicators of bull?"

Please follow the link below & you'll find a good answer for your question...

http://stockcharts.com/school/doku.php?id=chart_school/

Thank You.

203Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Thu Sep 12, 2013 9:18 am

LSE


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
ASI Index values as of [11-09-2013]

Open  - 5667.64
High  - 5730.21
Low   - 5667.49
Close - 5730.21

R4 5,897.46
midpoint 5,866.10

R3 5,834.74 --->> Resistance Level 3
midpoint 5,803.38


R2 5,772.02 --->> Resistance Level 2
midpoint 5,761.57

R1 5,751.12 --->> Resistance Level 1
midpoint 5,730.21



PP 5,709.30


midpoint 5,698.85
S1 5,688.40 --->> Support Level 1


midpoint 5,667.49
S2 5,646.58 --->> Support Level 2

midpoint 5,615.22
S3 5,583.86

midpoint 5,552.50
S4 5,521.14




Conclusion :

Yesterday closed value [5730.21] > Calculated PP [5,709.30]. Trading above the pivot point is thought to indicate ongoing bullish sentiment. It is generally considered that if the pivot point is broken in an upward movement then the market is bullish.

Key point will be the Resistance Level 3.


Note :

I think today also we can expect an another green day & this uptrend will continue further.


Lets hope for the best... cheers cheers cheers 

Thank You...

204Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Thu Sep 12, 2013 5:04 pm

LSE


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
http://finance.yahoo.com/q/ta?s=^CSE&t=1y&l=on&z=l&q=c&p=p%2Cm50%2Cm20&a=r14%2Cm26-12-9%2Cv&c=

205Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Fri Sep 13, 2013 8:37 am

K.Haputantri


Co-Admin
Thanks LSE. My worry is of fluctuating volumes.

206Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Fri Sep 13, 2013 9:27 am

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@K.Haputantri wrote:Thanks LSE. My worry is of fluctuating volumes.
Agree with you Hapu. Lets see what's going to happen on today...


ASI Index values as of [12-09-2013]

Open  - 5729.59
High  - 5744.50
Low   - 5725.94
Close - 5744.50

R4 5,793.99
midpoint 5,784.71

R3 5,775.43 --->> Resistance Level 3
midpoint 5,766.15

R2 5,756.87 --->> Resistance Level 2
midpoint 5,753.78

R1 5,750.69 --->> Resistance Level 1
midpoint 5,744.50



PP 5,738.31



midpoint 5,735.22
S1 5,732.13 --->> Support Level 1

midpoint 5,725.94
S2 5,719.75 --->> Support Level 2

midpoint 5,710.47
S3 5,701.19 --->> Support Level 3


midpoint 5,691.91
S4 5,682.63


Conclusion :

Yesterday closed value [5744.50] > Calculated PP [5,738.31]. Trading above the pivot point is thought to indicate ongoing bullish sentiment. It is generally considered that if the pivot point is broken in an upward movement then the market is bullish.


Alternative Scenario :

According to the yesterday we've seen a kind of resistance around the R1 level. Sometimes it can continue today as well.  However, a possible reverse hasn’t been confirmed yet, that’s why the index may continue moving upwards. we can see a very tight schedule round all the Support and Resistance levels (R1,R2,R3,S1,S2,S3). Here I'd like to remind you again sudden uptrend or down trend can be expect during the day.

Note :
If Alternative Scenario is fail. Then there is a High possibility to  expect an another green day & this uptrend will continue further.

http://finance.yahoo.com/q/ta?s=^CSE&t=1m&l=on&z=l&q=c&p=p%2Cm50%2Cm20%2Cm5&a=r14%2Cm26-12-9%2Cv&c=


Lets hope for the best... bounce bounce bounce 

Thank You...

207Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Fri Sep 13, 2013 10:08 am

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Even astrologers make this type of prediction

Whatever happen prediction is correct

Our market is different.
TA can be applied if we have Large number of buyers and sellers who make decisions with profit motive independently But we do not have large number of buyers
Most of retailers do not actively participate due to Indrani Sugathadasa effect .75% of market control by institutions most of them are govt institutions who make decisions with political motive and for personal gains. Personal gains and profit motive is different.Profit motive is profit
to the actual buyer.( Famous NSB case)

We all should try to change this situation appeared after 2009

Then we can apply Technical analysis earn money using our knoledge

208Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Sat Sep 21, 2013 2:33 pm

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
ASI Index values as of [20-09-2013]

Open  - 5703.22
High  - 5814.10
Low   - 5702.93
Close - 5814.10


R4 6,110.55 --->> Resistance Level 4
midpoint 6,054.97

R3 5,999.38 --->> Resistance Level 3
midpoint 5,943.80

R2 5,888.21 --->> Resistance Level 2
midpoint 5,869.69

R1 5,851.16 --->> Resistance Level 1 --->> Key-point 1
midpoint 5,814.10



PP 5,777.04


midpoint 5,758.52
S1 5,739.99 --->> Support Level 1

midpoint 5,702.93
S2 5,665.87 --->> Support Level 2

midpoint 5,610.29
S3 5,554.70 --->> Support Level 3

midpoint 5,499.12
S4 5,443.53 --->> Support Level 4


Pivot Point Indicator - Page 11 Asi-2010

Fibonacci Retracement

Trend Beginning Date     09 September 2013
Trend Beginning Value    5604.59

0.0% --->> 5604.59 --->> Pass
23.6% --->> 5757.58 --->> Pass
38.2% --->> 5852.23 --->> Pending
50.0% --->> 5928.72
61.8% --->> 6005.22
76.4% --->> 6099.87
100.0% --->> 6252.86
161.8% --->> 6653.49
261.8% --->> 7301.76
423.6% --->> 8350.66


Conclusion :

Yesterday closed value [5814.10] > Calculated PP [5,777.04]. Trading above the pivot point is thought to indicate ongoing bullish sentiment. It is generally considered that if the pivot point is broken in an upward movement then the market is bullish.

Key-point 1 will confirm the direction further. Because next Resistance Level is laying around 5,851.16 and then Next targeting Fibonacci Retracement will meet the point at 5852.23 [38.2% index up from the starting point]. If index pass the next point at 38.2% then it's clear index will direct further for the next level laying around at 5928.72 [Next Resistance Level 3 --->> 5,999.38]


Note :

Clearly we can expect this up trend further withing the next week too.



Lets hope for the best... bounce bounce bounce 

Thank You...

209Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Sat Sep 21, 2013 3:18 pm

K.Haputantri

K.Haputantri
Co-Admin
LSE, you have improved the chart with FIBs. This would appeal to many who wanted it in the chart. Thanks for your good work.

210Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Sat Sep 21, 2013 8:25 pm

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@K.Haputantri wrote:LSE, you have improved the chart with FIBs. This would appeal to many who wanted it in the chart.  Thanks for your good work.
Appreciate your comment Mr Hapu. Always welcome you all to improve the quality of this post.
I'm trying to expose it in a simple way for understanding.

Thank You.

211Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Sun Sep 22, 2013 7:47 pm

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@LSE wrote:ASI Index values as of [20-09-2013]

Open  - 5703.22
High  - 5814.10
Low   - 5702.93
Close - 5814.10


R4 6,110.55 --->> Resistance Level 4
midpoint 6,054.97

R3 5,999.38 --->> Resistance Level 3
midpoint 5,943.80

R2 5,888.21 --->> Resistance Level 2
midpoint 5,869.69

R1 5,851.16 --->> Resistance Level 1 --->> Key-point 1
midpoint 5,814.10



PP 5,777.04


midpoint 5,758.52
S1 5,739.99 --->> Support Level 1

midpoint 5,702.93
S2 5,665.87 --->> Support Level 2

midpoint 5,610.29
S3 5,554.70 --->> Support Level 3

midpoint 5,499.12
S4 5,443.53 --->> Support Level 4


Pivot Point Indicator - Page 11 Asi-2010

Fibonacci Retracement

Trend Beginning Date     09 September 2013
Trend Beginning Value    5604.59

0.0% --->> 5604.59 --->> Pass
23.6% --->> 5757.58 --->> Pass
38.2% --->> 5852.23 --->> Pending
50.0% --->> 5928.72
61.8% --->> 6005.22
76.4% --->> 6099.87
100.0% --->> 6252.86
161.8% --->> 6653.49
261.8% --->> 7301.76
423.6% --->> 8350.66


Conclusion :

Yesterday closed value [5814.10] > Calculated PP [5,777.04]. Trading above the pivot point is thought to indicate ongoing bullish sentiment. It is generally considered that if the pivot point is broken in an upward movement then the market is bullish.

Key-point 1 will confirm the direction further. Because next Resistance Level is laying around 5,851.16 and then Next targeting Fibonacci Retracement will meet the point at 5852.23 [38.2% index up from the starting point]. If index pass the next point at 38.2% then it's clear index will direct further for the next level laying around at 5928.72 [Next Resistance Level 3 --->> 5,999.38]


Note :

Clearly we can expect this up trend further withing the next week too.



Lets hope for the best... bounce bounce bounce 

Thank You...

212Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Mon Sep 23, 2013 10:32 am

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Under normal circumstances the market should go up

But last week we have seen net foreign sales 

Will  the monitor of manipulation allow  the market

to run freely

Unforeseen hand in SL stock market is not  Price Mechanism

Some other BUTHAYA

213Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Mon Sep 23, 2013 11:04 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
I tend to agree that there seems to be "butha" forces acting by the looks of the way market is behaving today.

Let see the recovery or outcome by the end of the day.






@D.G.Dayaratne wrote:Under normal circumstances the market should go up



Unforeseen hand in SL stock market is not  Price Mechanism

Some other BUTHAYA

214Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Mon Sep 23, 2013 11:22 am

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics
@slstock wrote:I tend to agree that there seems to be "butha" forces acting by the looks of the way market is behaving today.

Let see the recovery or outcome by the end of the day.






@D.G.Dayaratne wrote:Under normal circumstances the market should go up



Unforeseen hand in SL stock market is not  Price Mechanism

Some other BUTHAYA
looks like in the weekend it was decided to give red today.Evil or Very Mad 

215Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Tue Sep 24, 2013 9:07 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
What happened to LSE?

216Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Tue Sep 24, 2013 11:22 pm

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
not only LSE . All who make scientific Analyst will be in trouble when there is no place to
Price mechanism in SL Stock market

Market is fully control by the MONITOR OF MANIPULATION



Last edited by D.G.Dayaratne on Tue Sep 24, 2013 11:24 pm; edited 1 time in total (Reason for editing : typing error)

217Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Wed Sep 25, 2013 2:40 pm

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@hariesha wrote:What happened to LSE?
I'm here hari.. what happend to you...? cheers cheers cheers 
Happy Trading...

@D.G.Dayaratne wrote: not only LSE . All who make scientific Analyst will be in trouble when there is no place to
Price mechanism in SL Stock market

Market is fully control by the MONITOR OF MANIPULATION
Mr D.G.Dayaratne  always you are at the negative side... What is the reason...? grab the opportunities..  
Don't panic.... Very Happy  be positive..

5 Day MA is already crossed the 10 MA & 20 MA. Try to understand the market behavior. this is a good sign...

http://finance.yahoo.com/q/ta?s=^CSE&t=3m&l=on&z=l&q=c&p=m20%2Cm5%2Cp%2Cm10&a=r14%2Cm26-12-9&c=


Thank You.

218Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Wed Sep 25, 2013 2:50 pm

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics
@LSE wrote:
@hariesha wrote:What happened to LSE?
I'm here hari.. what happend to you...? cheers cheers cheers 
Happy Trading...

@D.G.Dayaratne wrote: not only LSE . All who make scientific Analyst will be in trouble when there is no place to
Price mechanism in SL Stock market

Market is fully control by the MONITOR OF MANIPULATION
Mr D.G.Dayaratne  always you are at the negative side... What is the reason...? grab the opportunities..  
Don't panic.... Very Happy  be positive..

5 Day MA is already crossed the 10 MA & 20 MA. Try to understand the market behavior. this is a good sign...

http://finance.yahoo.com/q/ta?s=^CSE&t=3m&l=on&z=l&q=c&p=m20%2Cm5%2Cp%2Cm10&a=r14%2Cm26-12-9&c=


Thank You.
Future prediction?

219Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Wed Sep 25, 2013 3:08 pm

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@dhanurrox wrote:
@LSE wrote:
@hariesha wrote:What happened to LSE?
I'm here hari.. what happend to you...? cheers cheers cheers 
Happy Trading...

@D.G.Dayaratne wrote: not only LSE . All who make scientific Analyst will be in trouble when there is no place to
Price mechanism in SL Stock market

Market is fully control by the MONITOR OF MANIPULATION
Mr D.G.Dayaratne  always you are at the negative side... What is the reason...? grab the opportunities..  
Don't panic.... Very Happy  be positive..

5 Day MA is already crossed the 10 MA & 20 MA. Try to understand the market behavior. this is a good sign...

http://finance.yahoo.com/q/ta?s=^CSE&t=3m&l=on&z=l&q=c&p=m20%2Cm5%2Cp%2Cm10&a=r14%2Cm26-12-9&c=


Thank You.
Future prediction?
@dhanurrox this is for your information. check with my last post. Try to identify the trend and currently we can see many trading opportunities. I'm waiting for Index to break the next FIB level. According to the current trading pattern further we can expect another big green day & there is a good positive sign for an upward movement during the week.

Fibonacci Retracement

Trend Beginning Date     09 September 2013
Trend Beginning Value    5604.59

0.0% --->> 5604.59 --->> Pass
23.6% --->> 5757.58 --->> Pass
38.2% --->> 5852.23 --->> Pending
50.0% --->> 5928.72
61.8% --->> 6005.22
76.4% --->> 6099.87
100.0% --->> 6252.86
161.8% --->> 6653.49
261.8% --->> 7301.76
423.6% --->> 8350.66
Current trend...

http://finance.yahoo.com/q/ta?s=^CSE&t=3m&l=on&z=l&q=c&p=m20%2Cm5%2Cp%2Cm10&a=r14%2Cm26-12-9&c=

220Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Wed Sep 25, 2013 7:16 pm

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Pl do not say i am negative

Pl read carefully  and try understand what i say

All of  us should try understand what is happening and  should try to change
this situation

Otherwise we will have wait until political change

That will not happen  in cumming 5 or 10 years

SL Stock market is highly abnormal after 2009. That is why you can't predict the market.

221Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Thu Sep 26, 2013 9:11 am

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@D.G.Dayaratne wrote:Pl do not say i am negative

Pl read carefully  and try understand what i say

All of  us should try understand what is happening and  should try to change
this situation

Otherwise we will have wait until political change

That will not happen  in cumming 5 or 10 years

SL Stock market is highly abnormal after 2009. That is why you can't predict the market.
Mr D.G.Dayaratne if you say so I'm sorry. Appreciate your comments. As a senior citizen of our country I respect you & expect many from you. I believe always market giving us the opportunity and we should understand how to grab them accordingly instead of blaming.

Thank You.

222Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Thu Sep 26, 2013 9:29 am

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Fibonacci Retracement

Trend Beginning Date     09 September 2013
Trend Beginning Value    5604.59

0.0% --->> 5604.59 --->> Pass
23.6% --->> 5757.58 --->> Pass
38.2% --->> 5852.23 --->> Pending
50.0% --->> 5928.72
61.8% --->> 6005.22
76.4% --->> 6099.87
100.0% --->> 6252.86
161.8% --->> 6653.49
261.8% --->> 7301.76
423.6% --->> 8350.66


Conclusion :

We can expect an another big green day withing this week according to the current trading pattern...

Current trend...

http://finance.yahoo.com/q/ta?s=^CSE&t=3m&l=on&z=l&q=c&p=m20%2Cm5%2Cp%2Cm10&a=r14%2Cm26-12-9&c=

223Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Thu Sep 26, 2013 10:03 am

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
LSE Thank you

224Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Fri Sep 27, 2013 8:55 am

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
ASI Index values as of [26-09-2013]

Open  - 5783.74
High  - 5788.35
Low   - 5771.20
Close - 5786.16


R4 5,833.35
midpoint 5,824.78

R3 5,816.20
midpoint 5,807.63

R2 5,799.05 ---->>> Resistance Level 2
midpoint 5,795.83

R1 5,792.61 ---->>> Resistance Level 1
midpoint 5,787.26


PP 5,781.90

midpoint 5,778.68
S1 5,775.46 ---->>> Support Level 1

midpoint 5,770.11
S2 5,764.75 ---->>> Support Level 2


midpoint 5,756.18
S3 5,747.60 ---->>> Support Level 3

midpoint 5,739.03
S4 5,730.45



Fibonacci Retracement

Trend Beginning Date     09 September 2013
Trend Beginning Value    5604.59

0.0% --->> 5604.59 --->> Pass
23.6% --->> 5757.58 --->> Pass
38.2% --->> 5852.23 --->> Pending --->> Next Key Level  
50.0% --->> 5928.72
61.8% --->> 6005.22
76.4% --->> 6099.87
100.0% --->> 6252.86
161.8% --->> 6653.49
261.8% --->> 7301.76
423.6% --->> 8350.66


Conclusion :

Yesterday closed value [5786.16] > Calculated PP [5,781.90]. Trading above the pivot point is thought to indicate ongoing bullish sentiment.
It is generally considered that if the pivot point is broken in an upward movement then the market is bullish.


Note :


1. Next Key Level Will be 5852.23
2. ASI is currently laying around it's  support level S1
3. Good support around S1 & S2
4. Sudden uptrend can be expect at the beginning of the day.
5. Resistance around R1 & R2 if ASI pass these two levels it's very easily reach to the next key level at  5852.23
6. We can expect an another big green day if ASI pass R1 & R2.


Lets hope for the best.

Thank You...

225Pivot Point Indicator - Page 11 Empty Re: Pivot Point Indicator Fri Sep 27, 2013 9:49 am

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Alert :

@LSE wrote:
R2 5,799.05 ---->>> Resistance Level 2
midpoint 5,795.83

R1 5,792.61 ---->>> Resistance Level 1
midpoint 5,787.26

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