Technical Analytics & Charts (1)

traderathome · **226** Re: Technical Analytics & Charts (1) Thu Aug 30, 2012 11:24 pm

traderathome

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The 170+ or 200 looks very very optimistic at this moment.But look at the bearish ALT BAT that would form once its @113 Fib level (Rs 130-140) from current 117.

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I am looking 2 targets in the months to come, in this run up.

traderathome · **227** Re: Technical Analytics & Charts (1) Thu Aug 30, 2012 11:35 pm

traderathome

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Sorry Small,

I am unable to see anything on PAP .......

Sorry
TAH

traderathome · **228** Re: Technical Analytics & Charts (1) Fri Aug 31, 2012 12:20 am

traderathome

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Market is closed tomorrow...... Sad

Whats the occasion..........
Is it Poya........

ooh man so much expectations...so many holidays.

smallville · **229** Re: Technical Analytics & Charts (1) Fri Aug 31, 2012 8:35 am

smallville

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Yes its POYA today.. 2 for this month Wink

.. Now I hate working for big MNOs.. Still gotta go n work.. S&#@...

If NDB gives a target on 130 at least, ur safe.. IMO the market should at least move up to 5300-5350 and test the resistance..

One thing you must understand dealing with DFN data.. They are incorrect. Draw a Fib and see the data they presetn and visually where the lines headed Evil or Very Mad

So dont rely much on that.. This is why I use Ami...

Abt PAP, nothing much as of a pattern but some collection has gone for 2 months.. just saw a breakout with extra high vol but not sure whether a distribution has taken place.
Collection amounted to abt 21 mil while after the breakout abt 12 mil traded.

A collection has mainly witnessed in 2.40 range. While the break out lasted in 2.60-2.80 range, I dont think the distribution is over yet (or may be its still being collected).

In recent times the least this has gone was 1.90.

MACD looks good for PAP when this was in 2.50-2.70 range.. And still not bad either

PAP mainly has to rely on CEB for their supplement of power to the main GRID and I've not checked this fundamentally.
The recent rains could benefit them while the drizzle we saw time to time in last few month was of no use (that's one reason why SL's are in power cuts today)

Whitebull · **230** Re: Technical Analytics & Charts (1) Fri Aug 31, 2012 9:27 am

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traderathome wrote:Market is closed tomorrow......

Whats the occasion..........
Is it Poya........

ooh man so much expectations...so many holidays.

It is because we have mixed up two systems.....Poyaday has to be a holiday in our country....(in fact there are four poyadays for a month.) Actually sunday is a holiday because it is the sabathday according to christiany.

PS:-This is not to suggest to change the holiday system in our country.

smallville:- One thing you must understand dealing with DFN data.. They are incorrect. Draw a Fib and see the data they presetn and visually where the lines headed

I also saw some problems with Fib but I did not find any other problem with DFN charts.

traderathome · **231** Re: Technical Analytics & Charts (1) Fri Aug 31, 2012 10:15 am

traderathome

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Thanks guys, infact I had installed ami & metastock on my laptop, they were working fine. But I removed both. So wil have it re installed. rabbit

traderathome · **232** Re: Technical Analytics & Charts (1) Sat Sep 01, 2012 12:24 am

traderathome

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My 1st chart on JKH N using AmiBroker with data uploaded by Small.

So thanks small, for the updated data upto 24th August.

[img][You must be registered and logged in to see this image.][/img]

The Target in my mind would be to 240~260 with 280 being unknown territory, so its too early to have higher hopes such price levels would be longterm, since the track record of CSE and investors specially theretailers may like to take profit and exit below 280~300.

The break-out is yet to trigger which is around 200~207.

The safer bet would be to Target 240-260 given the above circumstances.

The MACD is pointing upward which is good, but these are lagging indicators for a Trader who will be looking only on short term gains compared to the longterm.

So Entry Price is of essence, 190 would have been ideal, but i placed a BUY LIMIT order around 194 lets see whether it would fill next week,cos its been 2 days and the order is yet to fill. bounce

So I am not holding single share of JKH ATM.

Regards
TAH

K.Haputantri · **233** Re: Technical Analytics & Charts (1) Sat Sep 01, 2012 7:27 am

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Thanks TAH. I am learning a lot from your posts.

smallville · **234** Re: Technical Analytics & Charts (1) Sat Sep 01, 2012 9:04 am

smallville

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Hmm.. Nice to see you with Ami TAH.. Now we both have same platform analysis gonna be easy...

I will upload the HPP.fla that I've got so you can get the HPP pattern in a fly.. Since we found something wrong with the code if you have a programming eye probably you could see where the code has gone wrong in detection (its all math nuh>) so amend if possible.

Also my database uses MAs;
Red - 15, Blue - 45, Green - 100 and SAR - 0.02.

You can change it accordingly like this;
Right click on the main chart - select "Parameteres" - Go down a bit and click near the designated no and chaged accordingly.

SAR value of 0.04 is good for short term.

[You must be registered and logged in to see this image.]

Welcome to the world of Amibroker.. All thanks should go to Samuel Daniel who introduced this to us and provided the initial database.

Last edited by smallville on Sat Sep 01, 2012 10:10 am; edited 1 time in total

Backstage · **235** Re: Technical Analytics & Charts (1) Sat Sep 01, 2012 9:50 am

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Though 90 percent of the analysis above my head, the 10 percent is very interesting and informative. Your banter gives us a sneak peak into the techie world.

Thanks, keep it up guys. I hope that the likes of Gann , Alladin will come out of hibernation and contribute.

traderathome · **236** Re: Technical Analytics & Charts (1) Sat Sep 01, 2012 9:57 pm

traderathome

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Thanks Small.....

Just new on Ami, but the database update is of some nuisance..... Razz

kav4 · **237** Re: Technical Analytics & Charts (1) Sat Sep 01, 2012 10:48 pm

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smallville wrote:I have this AMibroker AFL that shows the HPP patterns without manually trying it.. Even it showed as a Bearish crab (it means the pattern confirmed according to the code).. wonder what kinda calculation it does.

This is why I only stick to normal pattern analysis.. he hee.. After all only the falling wedge gave some meaning..

Can we have that AFL please?

traderathome · **238** Re: Technical Analytics & Charts (1) Sun Sep 02, 2012 12:42 am

traderathome

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Small, i dont want to over discuss JKH here, but i coild not help seeing the bearish gartly (blue lines) @ 78.6fib and inverse head and shoulder break-out and reversal zones confluencing each other at 78.6%fib. If the break out do happen around 202 the next extension would be 161fib level which is 233Rs....that would be bearish crab.if you are lucky to fill up on pull back around 50fib 190-192 after price reaching 202.

[You must be registered and logged in to see this image.]

So this would be my last update on JKH until some major turn of events take place....... Very Happy

Hope to see you on the other side of the trade.....
(Thats after locking on profit) cheers

regards
TAH

traderathome · **239** Re: Technical Analytics & Charts (1) Sun Sep 02, 2012 1:11 am

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I will have an update on YORK for those interested......by tomorrow.

I have a test tomorrow so got to go now...

Gud Night
TAH Smile

traderathome · **240** Re: Technical Analytics & Charts (1) Sun Sep 02, 2012 10:03 pm

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Here is the chart on YORK..if any one wants to place a buy order there are 2 price ranges you could consider during the pull back.

if you are lucky the price levels are 11~15 Very Happy

The P/E ratio is tad high for me.....compared to the sector.

Since early june we have been seeing the counter making Higher Highs and Higher Lows and yet to break below which is Rs15/-

Very Happy

Enjoy
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traderathome · **241** Re: Technical Analytics & Charts (1) Sun Sep 02, 2012 10:47 pm

traderathome

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traderathome wrote:The 170+ or 200 looks very very optimistic at this moment.But look at the bearish ALT BAT that would form once its @113 Fib level (Rs 130-140) from current 117.

[img][You must be registered and logged in to see this image.][/img]

I am looking 2 targets in the months to come, in this run up.

This is highly speculative formation.......synced with chart pattern and harmonic price pattern keeping in mind the short term price reversals and with possible break-outs near significant fib levels. Laughing

PLEASE KEEPIN MIND, we are not trying to outsmart the Market here....But the scenario discussed here is for studying of priceactions (PA) near supports & resistance, and Buying opportunities on retracements on DIPS Very Happy

[img][You must be registered and logged in to see this image.][/img]

Happy
TAH

traderathome · **242** Re: Technical Analytics & Charts (1) Sun Sep 02, 2012 10:52 pm

traderathome

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Gud Night folks and see you on monday morning...

Sleepy
TAH Sleep

traderathome · **243** Re: Technical Analytics & Charts (1) Mon Sep 03, 2012 7:43 pm

traderathome

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Was a good day, since I began my portfolio has turned from red to green

traderathome · **244** Re: Technical Analytics & Charts (1) Tue Sep 04, 2012 1:55 am

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[img][You must be registered and logged in to see this image.][/img]

I am not going mark the profit levels.....

I will keep it for you guys to place iton this one Basketball

Enjoy

TAH

kav4 · **245** Re: Technical Analytics & Charts (1) Tue Sep 04, 2012 6:21 am

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Small or traderathome,

Can I have the AFL please.

traderathome · **246** Re: Technical Analytics & Charts (1) Tue Sep 04, 2012 7:53 am

traderathome

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kav4 wrote:Small or traderathome,

Can I have the AFL please.

whats AFL

I am drawing it manually btw. Smile

If you are looking for some programming on HPP (Harmonic Price Patterns) recognition, please browse previous posts in this thread.

And sorry if i could not be of any help .... :Deleted:
Regards
TAH

traderathome · **247** Re: Technical Analytics & Charts (1) Tue Sep 04, 2012 8:09 am

traderathome

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traderathome wrote:here is the updated asi chart with the reversal points. and possible targets for the long term....5500, 6200 7250 and 7800

[You must be registered and logged in to see this image.]

Read with below comments on the next post Basketball

traderathome · **248** Re: Technical Analytics & Charts (1) Tue Sep 04, 2012 8:11 am

traderathome

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traderathome wrote:

Antonym wrote:

traderathome wrote:here is the updated asi chart with the reversal points. and possible targets for the long term....5500, 6200 7250 and 7800

@traderathome: I know this chart is important because it provides possible long term targets. But some of us are 'technically challenged'... We would appreciate a brief commentary highlighting the key features of your chart and explaining how each of those targets has been derived. Thanks!

I am very glad you asked that question. In any HPP (Harmonic Price Pattern) the peaks and low points act as Res or Supports.
the ASI chart depicted is now called as a BULLISH SHARK PATTERN, the last leg down in this case colored in BLUE and RED can extend below 1.618~2.24 FIB Levels.
The Bullish Shark Pattern can turnout to be a Bearish 5-0Pattern after moving up50% from last leg down. This is known as the correction leg.That is why i indicated 6250 to be precise will be the make or break for the BULLS although for me its the 50% retracement level. The shaded area indicates the entering of to the neutral zone (38.2%) which tested twice and failed. If this RES is broken, the momentum will carry up towards the first leg up which acted as a peak point and got corrected. which is confluencing around 7250 level. If left enough steam to break this 7250 we will surely see 7800 testing within 15-18months from now.

Hope this clears my target levels, please do let me know i will try and put some guide points to denote the peaks and the lows on the pattern for the noobs tryng to understand.

Sorry if i confused you more

Happy Trading/Investing
TAH

original posted on June 15th and 16th.......Reading purposes only.

Glad we were there and did not leave CSE.....when the going was tough..... Very Happy

TAH

traderathome · **249** Re: Technical Analytics & Charts (1) Tue Sep 04, 2012 2:37 pm

traderathome

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Who will be there with us, when we reach 6200 Very Happy

. Max Loss during bad times was 10% in unrealised loss column.Who will have the patience to go on till 6200 without hitting the SELL button. bounce

traderathome · **250** Re: Technical Analytics & Charts (1) Wed Sep 05, 2012 12:19 am

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I thought I will post the updated ASI for the benefit of some traders. The Fib levels may mean nothing for some, but for those who wish to take profit off the table may do so, at the designated levels, so that we are lock on with longterm view. Very Happy

others may ignore and follow their own trading/investing technique which has brought them profit through out.

But others who are overwhelmed, fear of loosing or early exit may try taking profits by working according to a trading plan......if the unrealised gain column is in green.

As same as we held on to our shares when the unrealised losses were around -11% against total investment. bounce

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TAH

traderathome · **251** Re: Technical Analytics & Charts (1) Wed Sep 05, 2012 12:24 am

traderathome

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So imho, this run can take us to 5900 on its way up minor resistance around 5500 with next testing @5900.

Hopefully we can offload some around 6200 cheers

So Enjoy the Run... Very Happy

TAH

Last edited by traderathome on Wed Sep 05, 2012 1:09 am; edited 1 time in total

traderathome · **252** Re: Technical Analytics & Charts (1) Wed Sep 05, 2012 1:06 am

traderathome

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Are you seeing...what i am seeing.......@ Start of a Bull Run.....

And where will LLUB be when its breaks the consolidation..... Very Happy

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TAH

My Target is Rs 270/-~Rs 300/- Levels are a possibility.....Anyone sharing my sentiments.....I dont have a time frame,but i can see where this could end up.So its a less risk i have loaded ......

I heard about a chinese stimulus package ........ Very Happy

traderathome · **253** Re: Technical Analytics & Charts (1) Wed Sep 05, 2012 8:31 am

traderathome

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Stimulus is not for the oil market but for its economy.....this could drive the oil prices higher yet again..

Very Happy

LateTackle · **254** Re: Technical Analytics & Charts (1) Wed Sep 05, 2012 9:30 pm

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Thank you

traderathome · **255** Re: Technical Analytics & Charts (1) Wed Sep 05, 2012 9:44 pm

traderathome

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LateTackle wrote:Thank you

wow we got our small click of traders in UAE... Very Happy

TAH

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Technical Analytics & Charts (1)

226 Re: Technical Analytics & Charts (1) Thu Aug 30, 2012 11:24 pm

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227 Re: Technical Analytics & Charts (1) Thu Aug 30, 2012 11:35 pm

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228 Re: Technical Analytics & Charts (1) Fri Aug 31, 2012 12:20 am

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229 Re: Technical Analytics & Charts (1) Fri Aug 31, 2012 8:35 am

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230 Re: Technical Analytics & Charts (1) Fri Aug 31, 2012 9:27 am

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231 Re: Technical Analytics & Charts (1) Fri Aug 31, 2012 10:15 am

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232 Re: Technical Analytics & Charts (1) Sat Sep 01, 2012 12:24 am

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233 Re: Technical Analytics & Charts (1) Sat Sep 01, 2012 7:27 am

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234 Re: Technical Analytics & Charts (1) Sat Sep 01, 2012 9:04 am

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235 Re: Technical Analytics & Charts (1) Sat Sep 01, 2012 9:50 am

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236 Re: Technical Analytics & Charts (1) Sat Sep 01, 2012 9:57 pm

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237 Re: Technical Analytics & Charts (1) Sat Sep 01, 2012 10:48 pm

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238 Re: Technical Analytics & Charts (1) Sun Sep 02, 2012 12:42 am

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244 Re: Technical Analytics & Charts (1) Tue Sep 04, 2012 1:55 am

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