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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Will ASI fall below 7000 again?

Will ASI fall below 7000 again?

+7
worthiness
ahamed112
stevenapple
nickjava
dougieboy
SHARK aka TAH
Sstar
11 posters

Go down  Message [Page 1 of 1]

1Will ASI fall below 7000 again? Empty Will ASI fall below 7000 again? Tue Sep 02, 2014 11:24 am

Sstar

Sstar
Vice President - Equity Analytics
Vice President - Equity Analytics

Can ASI break the 7000 support level? Where are the 200 day Moving Averages? and MACD to justify current trend?

2Will ASI fall below 7000 again? Empty Re: Will ASI fall below 7000 again? Tue Sep 02, 2014 11:27 am

SHARK aka TAH

SHARK aka TAH
Expert
Expert

The risk is there...please review ASI short term take on TA&C.

7100/7200 and 7500 can test ASI to the extreme ....

3Will ASI fall below 7000 again? Empty Re: Will ASI fall below 7000 again? Tue Sep 02, 2014 11:29 am

SHARK aka TAH

SHARK aka TAH
Expert
Expert

CTC will be the game changer Smile

4Will ASI fall below 7000 again? Empty Re: Will ASI fall below 7000 again? Tue Sep 02, 2014 11:33 am

dougieboy


Moderator
Moderator

ASI I think can fluctuate around 7000. But eventually it will move.

JKH needs to play a role too.

5Will ASI fall below 7000 again? Empty Re: Will ASI fall below 7000 again? Tue Sep 02, 2014 11:42 am

nickjava


Manager - Equity Analytics
Manager - Equity Analytics

I think its good that we have all the resistance and pull back around 7000 level. this is good for the market. because when the ASI reach the 7300+ level and have this resistance and pull back, it would be a free fall that would eventually stop below 7000. this is just my view

6Will ASI fall below 7000 again? Empty Re: Will ASI fall below 7000 again? Tue Sep 02, 2014 11:44 am

SHARK aka TAH

SHARK aka TAH
Expert
Expert

nickjava wrote:I think its good that we have all the resistance and pull back around 7000 level. this is good for the market. because when the ASI reach the 7300+ level and have this resistance and pull back, it would be a free fall that would eventually stop below 7000. this is just my view
Very Happy Thanks

7Will ASI fall below 7000 again? Empty Re: Will ASI fall below 7000 again? Tue Sep 02, 2014 11:49 am

stevenapple


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Will bounce back if this ever happens at this stage.

8Will ASI fall below 7000 again? Empty Re: Will ASI fall below 7000 again? Tue Sep 02, 2014 12:05 pm

ahamed112


Senior Equity Analytic
Senior Equity Analytic

Real test if the market can maintain 10,000 trades a day. Last month we had 15 days days over 10,000 trades comparing July month only 10 days. This shows investors are coming to the market with confidence and hope.

9Will ASI fall below 7000 again? Empty Re: Will ASI fall below 7000 again? Tue Sep 02, 2014 12:08 pm

nickjava


Manager - Equity Analytics
Manager - Equity Analytics

It must be the effect of the morning rain. most hasn't wake up early and come to the market. jk jk Smile. just to cheer up

10Will ASI fall below 7000 again? Empty Re: Will ASI fall below 7000 again? Tue Sep 02, 2014 12:23 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

As we discussed few weeks before, market is progressing slowly with intermittent dipping around 7000 level for a certain time period. Possible rate cuts in this month should advance the current level supported by new entrants. Increasing number of trades will be one of the positive signs of forward direction that investors keep an eye on. End of another business quarter is around the corner that is most significant for banking sector profitability targets as most of banks close the accounts as at 31st December.

11Will ASI fall below 7000 again? Empty Re: Will ASI fall below 7000 again? Tue Sep 02, 2014 12:56 pm

tryinghard


Stock Analytic
Stock Analytic

At 11.10 a.m. ASI has gone down from 7021 to 7007. Any particular reason for this ? Sudden dump of shares.

12Will ASI fall below 7000 again? Empty Re: Will ASI fall below 7000 again? Tue Sep 02, 2014 1:11 pm

Akalanka

Akalanka
Manager - Equity Analytics
Manager - Equity Analytics

its a battle between bulls n bears..

ASI slowly progress towards 7100, with corrections in this journey there are various positive factors and negative factors.

positives ( u can add some more )

rate cutting
long bear period
more local investors back again
foreign investors
mild recovered stability of europe n us
effect of china n indian
construction boom here n possible high income from hotel sector
finance n bank sector performance
new york conf

negative ( u can add some more )

most of local and foreign investors have unrealized profits, so can easily activate panic button to safe gaurd

rsi is high

most of the investors have already invested there cash and is looking for profits
manipulation .. craps go up n down .. these happened in 2011 ... can u remem PAP.

7500 .. fear of previous experience Sad



.... Very Happy any way .. still i think we are not facing a great resistans. we have support . we can see the market corrections .. the stocks which went up stagnate and recover. untouched stocks creep out from the cellors.

just think what our fellows going to show at NY... if the market become bloody no use.. still engien have fuel .. its better to move slowly than boosting to burn excess..

hope for good, better... Very Happy

13Will ASI fall below 7000 again? Empty Re: Will ASI fall below 7000 again? Wed Sep 03, 2014 10:25 am

NC

NC
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

I like ASI to make some correction... so we can buy more at a low price..
Will ASI fall below 7000 again? Untitl11
Very Happy Very Happy

14Will ASI fall below 7000 again? Empty Re: Will ASI fall below 7000 again? Wed Sep 03, 2014 5:53 pm

PROPRITER

PROPRITER
Equity Analytic
Equity Analytic

NC wrote:I like ASI to make some correction... so we can buy more at a low price..
Will ASI fall below 7000 again? Untitl11
Very Happy Very Happy

Same here Smile

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