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.

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


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» FUTURE of BROWNS INVESTMENT PLC (BIL)
by Bakkabwoi Yesterday at 11:33 pm

» First capital holdings CFVF.N0000
by SL-INVESTOR Yesterday at 9:11 pm

» CONTRADICTARY statements BY BUYER & SELLER RE: MGT & GREG
by GHERATH72 Yesterday at 9:02 pm

» ACCESS ENGINEERING ( AEL.N )
by High-flyer Yesterday at 8:43 pm

» GLAS will be winner with Super Gain.
by Promoney Yesterday at 7:45 pm

» TOKYO CEMENT COMPANY (LANKA) PLC
by ADVENTUS Yesterday at 4:27 pm

» KGAL - THE SLEEPING GIANT
by Big Bull Yesterday at 2:28 pm

» NATIONAL DEVELOPMENT BANK PLC (NDB.N0000)
by shihan 93 Yesterday at 1:16 pm

» Sunshine holding future potential
by Zahara khan Yesterday at 12:43 pm

» hospital sector
by David VKMS Yesterday at 10:26 am

» Sri Lanka Bonds Go From Asia’s Worst to Best After China Loan
by CHRONICLE™ Yesterday at 7:27 am

» The market changes fast; it is OK to get out when you feel it is right and take the profits that you can. Stock market for beginners
by Asoka Samarakone Sun May 16, 2021 10:04 pm

» Ban of chemical fertilizers is a great news
by dayandacool Sun May 16, 2021 9:50 pm

» Economic Uncertainty Drives Crypto Growth in Sri Lanka
by CHRONICLE™ Sun May 16, 2021 9:23 pm

» DIPPED PRODUCTS PLC (DIPD.N0000)
by ADVENTUS Sun May 16, 2021 4:37 pm

» CSE listed companies...Failed or collapsed
by High-flyer Sat May 15, 2021 9:14 pm

» L B FINANCE PLC (LFIN.N0000)
by kanishkaecomm Sat May 15, 2021 5:17 pm

» කොටස් වෙළඳපොළ2020
by කොටස් වෙළඳපොළ2020 Sat May 15, 2021 11:52 am

» 14 May onwards -Road Clear to Enter one of the Asias Most Undervalued Stock Market
by kalu351 Sat May 15, 2021 6:34 am

» Plantation Sector
by කොටස් වෙළඳපොළ2020 Fri May 14, 2021 10:13 pm

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Pivot Point Indicator

Pivot Point Indicator

Go to page : Previous  1 ... 8 ... 12, 13, 14  Next

Go down  Message [Page 13 of 14]

241Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Fri Oct 18, 2013 6:39 pm

LSE


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
ASPI Index values as of [17-10-2013]

Open  - 5963.07
High  - 5981.23
Low   - 5960.11
Close - 5976.51

R4 6,035.98
midpoint 6,025.42

R3 6,014.86
midpoint 6,004.30

R2 5,993.74 --->> Resistance Level 2
midpoint 5,989.43

R1 5,985.12 --->> Resistance Level 1
midpoint 5,978.87


PP 5,972.62

midpoint 5,968.31
S1 5,964.00 --->> Support Level 1

midpoint 5,957.75
S2 5,951.50 --->> Support Level 2

midpoint 5,940.94
S3 5,930.38

midpoint 5,919.82
S4 5,909.26



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 --->> Pass
50.0% --->> 5928.72 --->> Pass
61.8% --->> 6005.22 --->> Pending
76.4% --->> 6099.87
100.0% --->> 6252.86
161.8% --->> 6653.49
261.8% --->> 7301.76
423.6% --->> 8350.66



Conclusion :

On Thursday closed value [5976.51] > Calculated PP [5,972.62]. Trading above the pivot point is thought to indicate ongoing bullish sentiment. Currently, as we expected ASPI is well directing towards to the next key level at 6005.22 Next resistance range is laying around 5,985.12 - 6,014.86 & there will be a correction in near future.


Note :

1. 5-Day MA cross 100-Day MA & 200-Day MA respectively in an upward direction
2. 100-Day MA cross 200-Day MA in an upward direction

IF & Only IF both above steps [1,2] are true then we can consider it as a long upward movement. But currently we can see 5-Day MA already crossed 200-Day MA and still there is a gap between 5-Day MA & 100-Day MA

Normally in a strong upward movement it should be like 5-Day MA cross 100-Day MA & 200-Day MA respectively.

3. 10-Day EMA cross 100-Day MA & 50-Day MA respectively in an upward direction also consider as a long upward movement.
Currently 10-Day EMA already crossed 50-Day MA and still there is a gap between 10-Day EMA & 100-Day MA

Normally in a strong upward movement it should be like 10-Day EMA cross 100-Day MA & 50-Day MA respectively.

4. RSI > 80 is considered overbought when above 70

5. Next key point 6005.22 will be the next target and there will be a correction in near future.

6. I feel there is a high probability to reverse this trend withing the 6005.22 - 6099.87 range.


Current Trend :

compare the above few steps with the chart.
Please customize the window by adding the suitable indicators.

http://finance.yahoo.com/q/ta?s=^CSE&t=3m&l=on&z=l&q=c&p=m200%2Cm100%2Cm5%2Cm20&a=r14%2Cm26-12-9&c=


Thank You.

242Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Sat Oct 19, 2013 6:01 pm

K.Haputantri


Co-Admin
Its a very usefull & professional analysis using a number of time tested tools. Thank you very much LSE. Continue the good work.

243Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Tue Oct 22, 2013 9:31 am

LSE


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
ASPI Index values as of [21-10-2013]

Open  - 5977.50
High  - 5979.23
Low   - 5941.30
Close - 5946.65

R4 6,069.52
midpoint 6,050.55

R3 6,031.59
midpoint 6,012.62

R2 5,993.66 --->> Resistance Level 2
midpoint 5,981.91

R1 5,970.15 --->> Resistance Level 1
midpoint 5,962.94


PP 5,955.73

midpoint 5,943.98
S1 5,932.22 --->> Support Level 1

midpoint 5,925.01
S2 5,917.80 --->> Support Level 2

midpoint 5,898.83
S3 5,879.87

midpoint 5,860.90
S4 5,841.94



Conclusion :

Yesterday closed value [5946.65] < Calculated PP [5,955.73].
Trading below the pivot point indicates bearish sentiment. ASPI is about to revers this trend.
Next resistance range is laying around 5,962.94 - 5,993.66 & this will be act as a big barrier to the current trend.

Watch the market behavior carefully there will be a correction again.


Note :

ASPI is about to revers the current up trend.


Current Trend :


Please customize the window by adding the suitable indicators.

http://finance.yahoo.com/q/ta?s=^CSE&t=3m&l=on&z=l&q=c&p=m5%2Cp%2Cm50%2Cm20&a=r14%2Cm26-12-9&c=


Thank You.

@LSE wrote:ASPI Index values as of [17-10-2013]


there will be a correction in near future.


Note :

1. 5-Day MA cross 100-Day MA & 200-Day MA respectively in an upward direction
2. 100-Day MA cross 200-Day MA in an upward direction

IF & Only IF both above steps [1,2] are true then we can consider it as a long upward movement. But currently we can see 5-Day MA already crossed 200-Day MA and still there is a gap between 5-Day MA & 100-Day MA

Normally in a strong upward movement it should be like 5-Day MA cross 100-Day MA & 200-Day MA respectively.

3. 10-Day EMA cross 100-Day MA & 50-Day MA respectively in an upward direction also consider as a long upward movement.
Currently 10-Day EMA already crossed 50-Day MA and still there is a gap between 10-Day EMA & 100-Day MA

Normally in a strong upward movement it should be like 10-Day EMA cross 100-Day MA & 50-Day MA respectively.

4. RSI > 80 is considered overbought when above 70

5. Next key point 6005.22 will be the next target and there will be a correction in near future.

6. I feel there is a high probability to reverse this trend withing the 6005.22 - 6099.87 range.

244Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Tue Oct 22, 2013 9:39 am

Slstock


Director - Equity Analytics
Director - Equity Analytics
So how far do you think the drop will go ?  Some red is good as there was several green days. But too much red is not , as it will panic traders.  The special November is approaching.

I think it is good if today ends up in some green or every little red.








@LSE wrote:ASPI Index values as of [21-10-2013]

Open  - 5977.50
High  - 5979.23
Low   - 5941.30
Close - 5946.65

R4 6,069.52
midpoint 6,050.55

R3 6,031.59
midpoint 6,012.62

R2 5,993.66 --->> Resistance Level 2
midpoint 5,981.91

R1 5,970.15 --->> Resistance Level 1
midpoint 5,962.94


PP 5,955.73

midpoint 5,943.98
S1 5,932.22 --->> Support Level 1

midpoint 5,925.01
S2 5,917.80 --->> Support Level 2

midpoint 5,898.83
S3 5,879.87

midpoint 5,860.90
S4 5,841.94



Conclusion :

Yesterday closed value [5946.65] < Calculated PP [5,955.73].
Trading below the pivot point indicates bearish sentiment. ASPI is about to revers this trend.
Next resistance range is laying around 5,962.94 - 5,993.66 & this will be act as a big barrier to the current trend.

Watch the market behavior carefully there will be a correction again.


Note :

ASPI is about to revers the current up trend.


Current Trend :


Please customize the window by adding the suitable indicators.

http://finance.yahoo.com/q/ta?s=^CSE&t=3m&l=on&z=l&q=c&p=m5%2Cp%2Cm50%2Cm20&a=r14%2Cm26-12-9&c=


Thank You.

@LSE wrote:ASPI Index values as of [17-10-2013]


there will be a correction in near future.


Note :

1. 5-Day MA cross 100-Day MA & 200-Day MA respectively in an upward direction
2. 100-Day MA cross 200-Day MA in an upward direction

IF & Only IF both above steps [1,2] are true then we can consider it as a long upward movement. But currently we can see 5-Day MA already crossed 200-Day MA and still there is a gap between 5-Day MA & 100-Day MA

Normally in a strong upward movement it should be like 5-Day MA cross 100-Day MA & 200-Day MA respectively.

3. 10-Day EMA cross 100-Day MA & 50-Day MA respectively in an upward direction also consider as a long upward movement.
Currently 10-Day EMA already crossed 50-Day MA and still there is a gap between 10-Day EMA & 100-Day MA

Normally in a strong upward movement it should be like 10-Day EMA cross 100-Day MA & 50-Day MA respectively.

4. RSI > 80 is considered overbought when above 70

5. Next key point 6005.22 will be the next target and there will be a correction in near future.

6. I feel there is a high probability to reverse this trend withing the 6005.22 - 6099.87 range.

245Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Tue Oct 22, 2013 10:16 am

LSE


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
sistock wrote:So how far do you think the drop will go ?  Some red is good as there was several green days. But too much red is not , as it will panic traders. The special November is approaching.
Note :

RSI >80 &  Parabolic SAR is about to indicate about the next trend. Consider this as an early signal about the current trend. good days are ahead so, no need to panic but it's better to watch carefully about this behavior. JKH will be a big factor and if this falls to 195 or below levels withing next few days, again ASPI will reach to 5600 levels easily.

246Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Tue Oct 22, 2013 10:32 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
RSI in yahoo is not correct . It is around 60 now.


@LSE wrote:
sistock wrote:So how far do you think the drop will go ?  Some red is good as there was several green days. But too much red is not , as it will panic traders. The special November is approaching.
Note :

RSI >80 &  Parabolic SAR is about to indicate about the next trend. Consider this as an early signal about the current trend. good days are ahead so, no need to panic but it's better to watch carefully about this behavior. JKH will be a big factor and if this falls to 195 or below levels withing next few days, again ASPI will reach to 5600 levels easily.

247Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Tue Oct 22, 2013 11:00 am

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@slstock wrote:RSI in yahoo is not correct . It  is around 60 now.


@LSE wrote:
@slstock wrote:So how far do you think the drop will go ?  Some red is good as there was several green days. But too much red is not , as it will panic traders. The special November is approaching.
Note :

RSI >80 &  Parabolic SAR is about to indicate about the next trend. Consider this as an early signal about the current trend. good days are ahead so, no need to panic but it's better to watch carefully about this behavior. JKH will be a big factor and if this falls to 195 or below levels withing next few days, again ASPI will reach to 5600 levels easily.
This is bad. Wrong market data dissemination.
What is the correct value at the moment ?
Day | Weekly | Monthly ?

248Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Tue Oct 22, 2013 11:18 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
As I said it is 60.xx. The standard 14 day .

Have you been following only yahoo all this time?






@LSE wrote:
@slstock wrote:RSI in yahoo is not correct . It  is around 60 now.


@LSE wrote:
@slstock wrote:So how far do you think the drop will go ?  Some red is good as there was several green days. But too much red is not , as it will panic traders. The special November is approaching.
Note :

RSI >80 &  Parabolic SAR is about to indicate about the next trend. Consider this as an early signal about the current trend. good days are ahead so, no need to panic but it's better to watch carefully about this behavior. JKH will be a big factor and if this falls to 195 or below levels withing next few days, again ASPI will reach to 5600 levels easily.
This is bad. Wrong market data dissemination.
What is the correct value at the moment ?
Day | Weekly | Monthly ?

249Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Wed Oct 23, 2013 11:19 am

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
ASPI Index values as of [22-10-2013]

Open  - 5946.32
High   - 5952.01
Low   - 5925.22
Close - 5925.22

R4 6,014.52
midpoint 6,001.13

R3 5,987.73
midpoint 5,974.34

R2 5,960.94 --->> Resistance Level 2
midpoint 5,952.01

R1 5,943.08 --->> Resistance Level 1
midpoint 5,938.62


PP 5,934.15

midpoint 5,925.22
S1 5,916.29 --->> Support Level 1

midpoint 5,911.83
S2 5,907.36 --->> Support Level 2

midpoint 5,893.97
S3 5,880.57

midpoint 5,867.18
S4 5,853.78




Conclusion :

Yesterday closed value [5925.22] < Calculated Pivot Point [5,934.15].
Trading below the pivot point indicates bearish sentiment.
Watch the market behavior carefully.

Note :

This correction will continue further.
check the Parabolic SAR indication with the current trend below.

Current Trend :

Please customize the window by adding the suitable indicators.
http://finance.yahoo.com/q/ta?s=^CSE&t=3m&l=on&z=l&q=c&p=p&a=r14%2Cm26-12-9&c=


Thank You.

250Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Mon Oct 28, 2013 8:28 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
Is the coverage over?

251Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Mon Oct 28, 2013 11:10 pm

UAEBOY

UAEBOY
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@LSE wrote:ASPI Index values as of [22-10-2013]

Open  - 5946.32
High   - 5952.01
Low   - 5925.22
Close - 5925.22

R4 6,014.52
midpoint 6,001.13

R3 5,987.73
midpoint 5,974.34

R2 5,960.94 --->> Resistance Level 2
midpoint 5,952.01

R1 5,943.08 --->> Resistance Level 1
midpoint 5,938.62


PP 5,934.15

midpoint 5,925.22
S1 5,916.29 --->> Support Level 1

midpoint 5,911.83
S2 5,907.36 --->> Support Level 2

midpoint 5,893.97
S3 5,880.57

midpoint 5,867.18
S4 5,853.78




Conclusion :

Yesterday closed value [5925.22] < Calculated Pivot Point [5,934.15].
Trading below the pivot point indicates bearish sentiment.
Watch the market behavior carefully.

Note :

This correction will continue further.
check the Parabolic SAR indication with the current trend below.

Current Trend :

Please customize the window by adding the suitable indicators.
http://finance.yahoo.com/q/ta?s=^CSE&t=3m&l=on&z=l&q=c&p=p&a=r14%2Cm26-12-9&c=


Thank You.
Will the ASPI reverse from S2...JKH factor will be crucial...Shocked 

252Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Tue Oct 29, 2013 9:27 am

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
ASPI Index values as of [28-10-2013]

Open  - 5950.44
High  - 5953.39
Low   - 5923.28
Close - 5928.97

R4 6,025.54
midpoint 6,010.49

R3 5,995.43
midpoint 5,980.38

R2 5,965.32 --->> Resistance Level 2
midpoint 5,956.24

R1 5,947.15 --->> Resistance Level 1
midpoint 5,941.18

PP 5,935.21

midpoint 5,926.13
S1 5,917.04 --->> Support Level 1

midpoint 5,911.07
S2 5,905.10 --->> Support Level 2

midpoint 5,890.05
S3 5,874.99

midpoint 5,859.94
S4 5,844.88


Where we are..?

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 --->> Pass
50.0% --->> 5928.72 --->> Pass
61.8% --->> 6005.22 --->> Pending
76.4% --->> 6099.87
100.0% --->> 6252.86
161.8% --->> 6653.49
261.8% --->> 7301.76
423.6% --->> 8350.66


According to the above stated values ASPI is currently floating around 50.0% region.

Conclusion :

Yesterday closed value [5928.97] < Calculated Pivot Point [5,935.21].
Trading below the pivot point indicates bearish sentiment. Next support is around 5,917.04 - 5,905.10 range.


Note :

There is a possibility to drag this correction further withing the next few days too. Watch the market behavior carefully.

Thank You.

253Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Tue Oct 29, 2013 10:26 am

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Current Trend :

Of Last five days...

http://finance.yahoo.com/q/ta?s=^CSE&t=5d&l=on&z=l&q=c&p=p&a=r14%2Cm26-12-9&c=

254Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Tue Oct 29, 2013 3:31 pm

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@LSE wrote:
Note :

There is a possibility to drag this correction further withing the next few days too. Watch the market behavior carefully.

@LSE wrote:
S2 5,905.10 --->> Support Level 2
Closed = 5,906.53

255Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Tue Oct 29, 2013 9:05 pm

UAEBOY

UAEBOY
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@LSE wrote:
@LSE wrote:
Note :

There is a possibility to drag this correction further withing the next few days too. Watch the market behavior carefully.

@LSE wrote:
S2 5,905.10 --->> Support Level 2
Closed = 5,906.53
well,Interesting time....

High possibility to reverse the current bearish trend from tomorrow onwards...
As LSE stated we are just ahead of S2...

During trading hours also there was a support for index to stay away from 5905...
Lets see what is gonna happen from tomorrow onwards...Surprised Smile

256Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Wed Oct 30, 2013 9:12 am

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@UAEBOY wrote:
@LSE wrote:
@LSE wrote:
Note :

There is a possibility to drag this correction further withing the next few days too. Watch the market behavior carefully.

@LSE wrote:
S2 5,905.10 --->> Support Level 2
Closed = 5,906.53
well,Interesting time....

High possibility to reverse the current bearish trend from tomorrow onwards...
As LSE stated we are just ahead of S2...

During trading hours also there was a support for index to stay away from 5905...
Lets see what is gonna happen from tomorrow onwards...Surprised Smile
Friend,
Pivot values are calculating daily basis and above values are valid only for the yesterday. Below you can find the newly calculated resistance and the support levels valid for today.

Thank You.

257Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Wed Oct 30, 2013 9:23 am

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
ASPI Index values as of [29-10-2013]

Open  - 5929.17
High  - 5932.00
Low   - 5892.60
Close - 5906.53


R4 6,028.58
midpoint 6,008.88

R3 5,989.18
midpoint 5,969.48

R2 5,949.78 --->> Resistance Level 2
midpoint 5,938.97

R1 5,928.15 --->> Resistance Level 1

midpoint 5,919.27


PP 5,910.38

midpoint 5,899.57
S1 5,888.75 --->> Support Level 1

midpoint 5,879.87
S2 5,870.98 --->> Support Level 2

midpoint 5,851.28
S3 5,831.58

midpoint 5,811.88
S4 5,792.18




Conclusion :

Yesterday closed value [5906.53] < Calculated Pivot Point [5,910.38]. Trading below the pivot point indicates bearish sentiment.
Next support level is laying around 5,888.75 - 5,870.98 region. If it's fail to support index will drag to the next support level [S3] level very easily.

Note :

1.Sudden uptrend or a sudden down trend can expect  during the day.

2. There is a possibility to continue this correction further.

3. Watch the market behavior carefully.

check the Parabolic SAR indication & Bollinger Bands with the current trend below.


Current Trend :

Please customize the window by adding the suitable indicators.
http://finance.yahoo.com/q/ta?s=^CSE&t=6m&l=on&z=l&q=c&p=p%2Cb&a=r14%2Cm26-12-9&c=


Thank You.

258Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Wed Oct 30, 2013 9:27 am

UAEBOY

UAEBOY
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@LSE wrote:
@UAEBOY wrote:
@LSE wrote:
@LSE wrote:
Note :

There is a possibility to drag this correction further withing the next few days too. Watch the market behavior carefully.

@LSE wrote:
S2 5,905.10 --->> Support Level 2
Closed = 5,906.53
well,Interesting time....

High possibility to reverse the current bearish trend from tomorrow onwards...
As LSE stated we are just ahead of S2...

During trading hours also there was a support for index to stay away from 5905...
Lets see what is gonna happen from tomorrow onwards...Surprised Smile
Friend,
Pivot values are calculating daily basis and above values are valid only for the yesterday. Below you can find the newly calculated resistance and the support levels valid for today.

Thank You.
Thanks LSE...Got it

What I wanted to tell there is a high possibility of ASPI going up from today onwards...Very Happy

259Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Wed Oct 30, 2013 9:23 pm

UAEBOY

UAEBOY
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@UAEBOY wrote:
@LSE wrote:
@UAEBOY wrote:
@LSE wrote:
@LSE wrote:
Note :

There is a possibility to drag this correction further withing the next few days too. Watch the market behavior carefully.

@LSE wrote:
S2 5,905.10 --->> Support Level 2
Closed = 5,906.53
well,Interesting time....

High possibility to reverse the current bearish trend from tomorrow onwards...
As LSE stated we are just ahead of S2...

During trading hours also there was a support for index to stay away from 5905...
Lets see what is gonna happen from tomorrow onwards...Surprised Smile
Friend,
Pivot values are calculating daily basis and above values are valid only for the yesterday. Below you can find the newly calculated resistance and the support levels valid for today.

Thank You.
Thanks LSE...Got it

What I wanted to tell there is a high possibility of ASPI going up from today onwards...Very Happy
Here we go...Basketball  Wink 

260Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Fri Nov 01, 2013 9:27 am

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
ASPI Index values as of [31-10-2013]

Open  - 5936.57
High  - 5956.98
Low   - 5936.57
Close - 5954.62


R4 6,010.62
midpoint 6,000.42

R3 5,990.21
midpoint 5,980.01

R2 5,969.80 --->> Resistance Level 2
midpoint 5,966.01

R1 5,962.21 --->> Resistance Level 1
midpoint 5,955.80

PP 5,949.39

midpoint 5,945.60
S1 5,941.80 --->> Support Level 1

midpoint 5,935.39
S2 5,928.98 --->> Support Level 2

midpoint 5,918.78
S3 5,908.57

midpoint 5,898.37
S4 5,888.16



Conclusion :

Yesterday closed value [5954.62] > Calculated Pivot Point [5,949.39]. Trading above the pivot point is thought to indicate ongoing bullish sentiment.Next support level is laying around 5,945.60 - 5,928.98 region.

Note :

According to the Parabolic SAR indication market will be Green  Today.

check the Parabolic SAR indication & Bollinger Bands with the current trend below.


Current Trend :

Please customize the window by adding the suitable indicators.

http://finance.yahoo.com/q/ta?s=^CSE&t=1m&l=on&z=l&q=c&p=p%2Cb&a=r14&c=

Thank You.

261Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Thu Nov 07, 2013 6:32 pm

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
ASPI Index values as of [07-11-2013]

Open  - 5907.65
High  - 5908.25
Low   - 5869.36
Close - 5870.47


R4 5,999.36
midpoint 5,979.92

R3 5,960.47
midpoint 5,941.03

R2 5,921.58 --->> Resistance Level 2
midpoint 5,908.81

R1 5,896.03 --->> Resistance Level 1
midpoint 5,889.36


PP 5,882.69

midpoint 5,869.92
S1 5,857.14 --->> Support Level 1

midpoint 5,850.47
S2 5,843.80 --->> Support Level 2

midpoint 5,824.36
S3 5,804.91

midpoint 5,785.47
S4 5,766.02



Conclusion :

Today closed value [5870.47] < Calculated Pivot Point [5,882.69]. Trading below the pivot point indicates bearish sentiment. Next support level is laying around 5,857.14 - 5,843.80 region.


Note :

As I said earlier this correction will continue further. sometime things will change withing the next week as we all expected [At least for few days]. But I don't expect for a supper November or December anymore withing the current situation of the country. It's too early to predict &  Most of the time they will take necessary action to do the index manipulations as usual . Anyway there will be many opportunities and it's your responsibility to drag them accordingly. Don't panic, Watch the market behavior carefully. High probability to drag ASPI further to 5800 levels or more.


Please have a look at below Economic Indicators & Forecast

http://www.tradingeconomics.com/sri-lanka/indicators

http://www.tradingeconomics.com/sri-lanka/forecast


Thank You.

262Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Fri Nov 08, 2013 11:13 am

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@LSE wrote:ASPI Index values as of [07-11-2013]

Open  - 5907.65
High  - 5908.25
Low   - 5869.36
Close - 5870.47


R4 5,999.36
midpoint 5,979.92

R3 5,960.47
midpoint 5,941.03

R2 5,921.58 --->> Resistance Level 2
midpoint 5,908.81

R1 5,896.03 --->> Resistance Level 1
midpoint 5,889.36


PP 5,882.69

midpoint 5,869.92
S1 5,857.14 --->> Support Level 1

midpoint 5,850.47
S2 5,843.80 --->> Support Level 2

midpoint 5,824.36
S3 5,804.91

midpoint 5,785.47
S4 5,766.02



Conclusion :

Today closed value [5870.47] < Calculated Pivot Point [5,882.69]. Trading below the pivot point indicates bearish sentiment. Next support level is laying around 5,857.14 - 5,843.80 region.


Note :

As I said earlier this correction will continue further. sometime things will change withing the next week as we all expected [At least for few days]. But I don't expect for a supper November or December anymore withing the current situation of the country. It's too early to predict &  Most of the time they will take necessary action to do the index manipulations as usual . Anyway there will be many opportunities and it's your responsibility to drag them accordingly. Don't panic, Watch the market behavior carefully. High probability to drag ASPI further to 5800 levels or more.


Please have a look at below Economic Indicators & Forecast

http://www.tradingeconomics.com/sri-lanka/indicators

http://www.tradingeconomics.com/sri-lanka/forecast


Thank You.
Current Trend :

Please customize the window by adding the suitable indicators.
http://finance.yahoo.com/q/ta?s=^CSE&t=3m&l=on&z=l&q=c&p=p&a=r14&c=

263Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Tue Nov 12, 2013 5:18 pm

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@LSE wrote:
Note :

RSI >80 &  Parabolic SAR is about to indicate about the next trend. Consider this as an early signal about the current trend. good days are ahead so, no need to panic but it's better to watch carefully about this behavior. JKH will be a big factor and if this falls to 195 or below levels withing next few days, again ASPI will reach to 5600 levels easily.

*** Read carefully with my previous analysis and this treand was initiated on Oct 18, 2013 ***

ASPI Index values as of [12-11-2013]

Open  - 5863.63
High  - 5863.63
Low   - 5812.84
Close - 5812.84

R4 5,982.14
midpoint 5,956.75

R3 5,931.35
midpoint 5,905.96

R2 5,880.56 --->> Resistance Level 2
midpoint 5,863.63

R1 5,846.70 --->> Resistance Level 1
midpoint 5,838.24


PP 5,829.77

midpoint 5,812.84
S1 5,795.91 --->> Support Level 1

midpoint 5,787.45
S2 5,778.98 --->> Support Level 2

midpoint 5,753.59
S3 5,728.19

midpoint 5,702.80
S4 5,677.40


Conclusion :

Today closed value [5812.84] < Calculated Pivot Point [5,829.77]. Trading below the pivot point indicates bearish sentiment. Next support level is laying around 5,812.84 - 5,778.98 region.


Note :

1. JKH will be the key factor withing the next few days & also there will be good trading opportunities as well.
2. Drag those trading opportunities wisely and do more analysis on stocks before you buy.
3. We can expect few big green days very soon.
4. Don't panic with the current market situation.
5  Good days are ahead.

Thank You.

264Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Tue Nov 12, 2013 5:43 pm

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics
@LSE wrote:
@LSE wrote:
Note :

RSI >80 &  Parabolic SAR is about to indicate about the next trend. Consider this as an early signal about the current trend. good days are ahead so, no need to panic but it's better to watch carefully about this behavior. JKH will be a big factor and if this falls to 195 or below levels withing next few days, again ASPI will reach to 5600 levels easily.
*** Read carefully with my previous analysis and this treand was initiated on Oct 18, 2013 ***

ASPI Index values as of [12-11-2013]

Open  - 5863.63
High  - 5863.63
Low   - 5812.84
Close - 5812.84

R4 5,982.14
midpoint 5,956.75

R3 5,931.35
midpoint 5,905.96

R2 5,880.56 --->> Resistance Level 2
midpoint 5,863.63

R1 5,846.70 --->> Resistance Level 1
midpoint 5,838.24


PP 5,829.77

midpoint 5,812.84
S1 5,795.91 --->> Support Level 1

midpoint 5,787.45
S2 5,778.98 --->> Support Level 2

midpoint 5,753.59
S3 5,728.19

midpoint 5,702.80
S4 5,677.40


Conclusion :

Today closed value [5812.84] < Calculated Pivot Point [5,829.77]. Trading below the pivot point indicates bearish sentiment. Next support level is laying around 5,812.84 - 5,778.98 region.


Note :

1. JKH will be the key factor withing the next few days & also there will be good trading opportunities as well.
2. Drag those trading opportunities wisely and do more analysis on stocks before you buy.
3. We can expect few big green days very soon.
4. Don't panic with the current market situation.
5  Good days are ahead.

Thank You.
Agree with your points.
There's zero panic,Battered shares are at bottom,even the ones who battered them are fedup because of no selling.Expecting green from tomorrow.

265Pivot Point Indicator - Page 13 Empty Re: Pivot Point Indicator Tue Nov 12, 2013 11:21 pm

nihal123

nihal123
Manager - Equity Analytics
Manager - Equity Analytics
Thanks LSE

Sponsored content


Back to top  Message [Page 13 of 14]

Go to page : Previous  1 ... 8 ... 12, 13, 14  Next

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