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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Pivot Point Indicator

Pivot Point Indicator

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261Pivot Point Indicator - Page 14 Empty Re: Pivot Point Indicator Thu Nov 07, 2013 6:32 pm

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 14 Empty Re: Pivot Point Indicator Fri Nov 08, 2013 11:13 am

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 14 Empty Re: Pivot Point Indicator Tue Nov 12, 2013 5:18 pm

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 14 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 14 Empty Re: Pivot Point Indicator Tue Nov 12, 2013 11:21 pm

nihal123


Manager - Equity Analytics
Manager - Equity Analytics
Thanks LSE

266Pivot Point Indicator - Page 14 Empty Re: Pivot Point Indicator Wed Nov 13, 2013 9:01 am

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
+ Yesterday forecasting...

Current Trend :

Note:
Mainly I'm considering about Bollinger Bands | Parabolic SAR |Volume & RSI indicators

1. Bollinger Bands - About to touch it's bottom line.[In this range we can expect an up trend or continue it's down trend further]
   http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:bollinger_bands

2. Parabolic SAR - Indicates bearish
   http://stockcharts.com/help/doku.php?id=chart_school:technical_indicators:parabolic_sar

3. Volume - Low

4. RSI -  Indicates bearish
   http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:relative_strength_index_rsi

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=


@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.

267Pivot Point Indicator - Page 14 Empty Re: Pivot Point Indicator Wed Nov 13, 2013 12:21 pm

LSE

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

Indicating a possible up ward movement from 5800.xx

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

Thank You.

268Pivot Point Indicator - Page 14 Empty Re: Pivot Point Indicator Thu Nov 14, 2013 11:43 am

LSE

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

Indicating a possible up ward movement from 5800.xx

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

Thank You.
Current Trend :


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

Thank You

269Pivot Point Indicator - Page 14 Empty Re: Pivot Point Indicator Thu Nov 14, 2013 11:42 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
?

270Pivot Point Indicator - Page 14 Empty Re: Pivot Point Indicator Fri Nov 15, 2013 8:55 am

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
ASPI Index values as of [14-11-2013]

Open  - 5816.82
High  - 5832.72
Low   - 5816.82
Close - 5829.05

R4 5,873.90 --->> Resistance Level 4
midpoint 5,865.95

R3 5,858.00 --->> Resistance Level 3
midpoint 5,850.05

R2 5,842.10 --->> Resistance Level 2
midpoint 5,838.84

R1 5,835.57 --->> Resistance Level 1
midpoint 5,830.89


PP 5,826.20

midpoint 5,822.94
S1 5,819.67 --->> Support Level 1

midpoint 5,814.99
S2 5,810.30 --->> Support Level 2

midpoint 5,802.35
S3 5,794.40

midpoint 5,786.45
S4 5,778.50



Conclusion :

Yesterday closed value [5829.05] > Calculated Pivot Point [5,826.20], trading above the pivot point is thought to indicate ongoing bullish sentiment.

Next support level is laying around 5,822.94 - 5,810.30 region. Here we can see a big resistance against the support.

By looking at the above values you can see next resistance range laying around 5,830.89 - 5,873.90. We need a strong support to break those levels.


Note :

1. Commonwealth Heads of Government Meeting (CHOGM) Opening Ceremony @ 10.15 am.
2. As usual JKH will be the key factor withing the day.
3. We can expect a big green day if it's break the above resistance range with big volumes.


Thank You.

271Pivot Point Indicator - Page 14 Empty Re: Pivot Point Indicator Tue Nov 19, 2013 11:56 am

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Current Trend :
Expecting for an another green day at the EOD...

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

Thank You.

272Pivot Point Indicator - Page 14 Empty Re: Pivot Point Indicator Tue Nov 19, 2013 9:16 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
?

273Pivot Point Indicator - Page 14 Empty Re: Pivot Point Indicator Wed Nov 20, 2013 6:22 am

prabath


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Yesterday is also green somewhat market is closed red by manipulates.Only share they can't control is JKH.

274Pivot Point Indicator - Page 14 Empty Re: Pivot Point Indicator Wed Nov 20, 2013 9:24 am

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
ASPI Index values as of [19-11-2013]

Open  - 5829.56
High  - 5838.06
Low   - 5809.15
Close - 5809.15

R4 5,905.52
midpoint 5,891.06

R3 5,876.61 --->> Resistance Level 3
midpoint 5,862.15

R2 5,847.70 --->> Resistance Level 2
midpoint 5,838.06

R1 5,828.42 --->> Resistance Level 1
midpoint 5,823.61


PP 5,818.79

midpoint 5,809.15
S1 5,799.51 --->> Support Level 1

midpoint 5,794.70
S2 5,789.88 --->> Support Level 2

midpoint 5,775.42
S3 5,760.97

midpoint 5,746.51
S4 5,732.06






Conclusion :

Yesterday closed value [5809.15] < Calculated Pivot Point [5818.79], trading below the pivot point indicates bearish sentiment.

Next support level is laying around 5,799.51 - 5,789.88 region. By looking at the above values you can see the next resistance range laying around 5,828.42 - 5,876.61.


Note :

1. 2014 budget proposals present on November 21 to Parliament. The second reading will commence on November 22 and the vote will be held on 28th.

2. JKH trading pattern is very interesting and this share will dominate the whole market behavior. Further we can expect this share to touch 220 or more withing the next few days. depending on the budget proposal updates JKH might rocketing like nothing

3. Today we can expect to ASPI touch 5800 again and this can drag the index to the 5790 levels. But we Can expect big green days withing the week.

4. Coming two days are very interesting.


Thank You.

275Pivot Point Indicator - Page 14 Empty Re: Pivot Point Indicator Wed Nov 20, 2013 3:25 pm

LSE

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


Conclusion :

Yesterday closed value [5809.15] < Calculated Pivot Point [5818.79], trading below the pivot point indicates bearish sentiment.

Next support level is laying around 5,799.51 - 5,789.88 region. By looking at the above values you can see the next resistance range laying around 5,828.42 - 5,876.61.


Note :

1. 2014 budget proposals present on November 21 to Parliament. The second reading will commence on November 22 and the vote will be held on 28th.

2. JKH trading pattern is very interesting and this share will dominate the whole market behavior. Further we can expect this share to touch 220 or more withing the next few days. depending on the budget proposal updates JKH might rocketing like nothing

3. Today we can expect to ASPI touch 5800 again and this can drag the index to the 5790 levels. But we Can expect big green days withing the week.


4. Coming two days are very interesting.


Thank You.
Today Market Close - 5,793.53 Wink 

Thank You.

276Pivot Point Indicator - Page 14 Empty Re: Pivot Point Indicator Mon Feb 17, 2014 6:57 am

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
**** Forcast for this week ****



Open  - 6086.29
High   - 6103.74
Low    - 6083.72
Close  - 6086.57



R4 6,151.40 ------------>> Resistance Level 4
midpoint 6,141.39

R3 6,131.38 ------------>> Resistance Level 3
midpoint 6,121.37

R2 6,111.36 ------------>> Resistance Level 2
midpoint 6,105.17

R1 6,098.97 ------------>> Resistance Level 1
midpoint 6,095.16


PP 6,091.34

midpoint 6,085.15
S1 6,078.95 ------------>> Support Level 1

midpoint 6,075.14
S2 6,071.32 ------------>> Support Level 2

midpoint 6,061.31
S3 6,051.30 ------------>> Support Level 3

midpoint 6,041.29
S4 6,031.28 ------------>> Support Level 4





Conclusion :

Dear All,

Market will rebound soon.Don't panic. comparing with last week ASPI Index values as of [13-Feb-2014],it's trading below the pivot point & that indicates bearish sentiment. Look at the four support level values [S1,S2,S3 & S4 ] calculate above, seems there is a good support between 6,031.28 - 6078.95. Withing the week if ASPI break it's resistance level R4 this will be a good indication for the next week. This calculation is for this week [17-Feb-2014 to 21-Feb-2014 ] and need to re-calculate if it's break upper level 6,151.40 or lower level 6031.38 withing the week.


Note :
JKH also in rebound stage & I believe It'll settle around 22X range.

Lets hope for the best.

Thank You.

277Pivot Point Indicator - Page 14 Empty Re: Pivot Point Indicator Mon Feb 17, 2014 6:24 pm

KDDND

KDDND
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Thx LSE!
Thx for your hard work.......!!!

My estimation against your prediction....
But I will be more than happy if you WIN..... Smile
GL!

278Pivot Point Indicator - Page 14 Empty Re: Pivot Point Indicator Tue Feb 18, 2014 11:33 am

LSE

LSE
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@KDDND wrote:Thx LSE!
Thx for your hard work.......!!!

My estimation against your prediction....
But I will be more than happy if you WIN..... Smile
GL!

Thnx KDDND. If it's end with GREEN to day, will be a good indication for tomorrow.

279Pivot Point Indicator - Page 14 Empty Re: Pivot Point Indicator Tue Feb 18, 2014 12:41 pm

NZ BOY

NZ BOY
Moderator
Moderator
@LSE wrote:
@KDDND wrote:Thx LSE!
Thx for your hard work.......!!!

My estimation against your prediction....
But I will be more than happy if you WIN..... Smile
GL!

Thnx KDDND. If it's end with GREEN to day, will be a good indication for tomorrow.

 flower flower 

280Pivot Point Indicator - Page 14 Empty Re: Pivot Point Indicator Wed Mar 11, 2015 8:40 pm

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Please feel free to contribute to the most viewed topic like this which is now consolidated for the benefit of the forum members.

281Pivot Point Indicator - Page 14 Empty Re: Pivot Point Indicator Wed Mar 11, 2015 9:40 pm

kumarweerarathne

kumarweerarathne
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Quibit wrote:Please feel free to contribute to the most viewed topic like this which is now consolidated for the benefit of the forum members.

problem is these techs & experts hav left this forum long time a go, didnt see such posts here but jst pessimists ,rubbish & panics. Razz

282Pivot Point Indicator - Page 14 Empty Re: Pivot Point Indicator Wed Mar 11, 2015 10:21 pm

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Pessimism is all around. If required we could provide an online tool for the benefit of the members.

283Pivot Point Indicator - Page 14 Empty Re: Pivot Point Indicator Thu Mar 12, 2015 12:39 pm

VALUEPICK

VALUEPICK
Expert
Expert
Now stocks are weak.. So charts are not that strong. On the basis of value there are great stocks in the market. When we see strong support for stocks we will see strong charts and strong uptrend. After initial surge in the market now we are seeing some adjustments in overvalued stocks. On the other hand value stocks have become more attractive after this slow down in the market.

Support and resistance levels often identify price points where major moves take place. Trend is our friend.

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