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FINANCIAL CHRONICLE™ » CHRONICLE™ ANALYTICS » Technical Analytics & Charts (3)

Technical Analytics & Charts (3)

+52
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SHARK aka TAH
56 posters

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76Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 12:11 am

dineshfernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Shark, good collection. Did you sell and buy back today or you bought earlier.

I have around 25000 shares and have no idea to sell less than 55/=. I'm not worried about short term fluctuations.

I'm planning to collect another 10,000 if the price drops below 43/=

I know the real value of this company. They are cash rich.

77Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 8:27 am

NC


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

dineshfernando wrote:Shark, good collection. Did you sell and buy back today or you bought earlier.

I have around 25000 shares and have no idea to sell less than 55/=. I'm not worried about short term fluctuations.

I'm planning to collect another 10,000 if the price drops below 43/=

I know the real value of this company. They are cash rich.
Yep, this's a great share we can ride till the last wave easily... cheers
I feel a smell of a HPP, on intraday chart, @ 44. Hope we can see it, if it wouldn't break 44, today and tommorow. Very Happy

78Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 9:16 am

Nitro 7


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Guys, think we should talk about other shares also in this thread. What do you say? Smile

79Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 9:31 am

Luqmaans azam


Stock Analytic
Stock Analytic

Orion fund says buy LIOC in their article published on Echeleon in Aug 14 .The article is very good

80Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 10:43 am

SHARK aka TAH


Expert
Expert

We have got 2 RES trading LIOC
44.50&45Rs With downside Risk@44
If we break the 2 RES levels by next week, we will resume our journey as before

81Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 10:49 am

Pethi

Pethi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

SHARK wrote:We have got 2 RES trading LIOC
44.50&45Rs With downside Risk@44
If we break the 2 RES levels by next week, we will resume our journey as before

I know nothing about LIOC as I don't have a single share with me now.
my strategy is, I am giving LIOC a little bit of time to breath, relax and adjust.

big brothers brought price down to 44.50 from 48.50 after dividend does not look healthy to me.
My opinion is, Don't commit LIOC too much at this stage unless your risk appetite is good.
if you really want to enter just have some small bites here and there.
elections are coming/ Market is all time high... anything could happen

82Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 11:17 am

Nitro 7


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

SHARK wrote:so i think we need not cover LIOC for some time until we see anything major to the upside.

So advise is BUY on Dips towards 41.7

Let's do that please !

83Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 11:25 am

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Shall we discuss EXPO/TJL/OSEA

84Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 11:26 am

Pethi

Pethi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

SHARK wrote:Shall we discuss EXPO/TJL/OSEA

Its a great idea. we'll come to LIOC after sometime...!

85Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 11:31 am

econ

econ
Global Moderator

SHARK wrote:Shall we discuss EXPO/TJL/OSEA

Why only those?

We should discuss CFVF,CSEC,ESL the super stars of the CSE..

86Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 11:32 am

Eng Krishantha

Eng Krishantha
Expert
Expert

SHARK wrote:Shall we discuss EXPO/TJL/OSEA
I see something in you.. but I don't know what it is...
OSEA????????
Very Happy Very Happy Very Happy

87Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 11:38 am

VALUEPICK

VALUEPICK
Expert
Expert

Actually now market has formed their major uptrend. In this uptrend there will be selloff time to time. It is normal. They will go up again in a major uptrend. It is time to go behind some red stocks of today and stagnated stocks as well. Because these type of stocks may give some of the biggest returns during next three/eight months/ 18 months. We need to have idea about business cycles and industry cycles as well. Yesterday LIOC was red and today it is green. What about if we discuss some red stocks? What about budget? Which sectors will get more support this time? Good luck!

88Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 1:49 pm

Eng Krishantha

Eng Krishantha
Expert
Expert

SHARK wrote:Shall we discuss EXPO/TJL/OSEA

Hi shark..
Can I know technical background of TFIL
If possible, with one chart.. really appreciate..
Thanks

89Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 3:30 pm

RoomGirl


Manager - Equity Analytics
Manager - Equity Analytics

SHARK wrote:Shall we discuss EXPO/TJL/OSEA
cheers LOLC dan ethi wage .. what is the best among these 3? I have EXPO AND OSEA.

90Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 9:44 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

did a video on expo lanka trying to move from 9.50 towards 10rs ......
your thoughts are welcome Very Happy

91Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 9:47 pm

lasantha11111


Manager - Equity Analytics
Manager - Equity Analytics

Play wenne ne..
Question Question Question Question

92Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 9:48 pm

lasantha11111


Manager - Equity Analytics
Manager - Equity Analytics

lasantha11111 wrote:Play wenne ne..
Question Question Question Question
den hari..

93Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 10:03 pm

wmdcf

wmdcf
Manager - Equity Analytics
Manager - Equity Analytics

SHARK wrote:did a video on expo lanka trying to move from 9.50 towards 10rs ......
your thoughts are welcome Very Happy

Thanks shark.

94Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 10:11 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

welcome dear...appreciate your word of thanks, they mean alot. cheers

95Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 10:34 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Hi .... Friends

I saw on a website banner CFIN giving a return on 5 year senior citizen fixed deposit approx 10%p.a

If you invested on ASIY they give .36 and .38 dividends alone Very Happy for the last 2 years.

if plantattion companys should do well then deffa CTBL and ASIY will benefit.

But the cliche is will ASIY better CTBL in that aspect..... my longterm hunch is ASIY to trade above CTBL Very Happy

when is the question..... i have already drawn the targets ....

3.50 is a good buy 3.60 i dont think its too much if you able to get in before dividends. 3.40 would be a good deal probably after XD or will the train leave the station Very Happy not sure....

96Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Thu Sep 18, 2014 10:39 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Another share i regret giving a Pass was TYRE Sad look where it is .....

97Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Fri Sep 19, 2014 8:24 am

SHARK aka TAH

SHARK aka TAH
Expert
Expert



This one for all the boyz.... afro

98Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Fri Sep 19, 2014 12:02 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Pivot Points
Introduction

Pivots Points are significant levels chartists can use to determine directional movement, support and resistance. Pivot Points use the prior period's high, low and close to formulate future support and resistance. In this regard, Pivot Points are predictive or leading indicators. There are at least five different versions of Pivot Points. This article will focus on Standard Pivot Points, Demark Pivot Points and Fibonacci Pivot Points.

Pivot Points were originally used by floor traders to set key levels. Floor traders are the original day traders. They deal in a very fast moving environment with a short-term focus. At the beginning of the trading day, floor traders would look at the previous day's high, low and close to calculate a Pivot Point for the current trading day. With this Pivot Point as the base, further calculations were used to set support 1, support 2, resistance 1 and resistance 2. These levels would then be used to assist their trading throughout the day.
Time Frames

Pivot Points for 1, 5, 10 and 15 minute charts use the prior day's high, low and close. In other words, Pivot Points for today's intraday charts would be based solely on yesterday's high, low and close. Once Pivot Points are set, they do not change and remain in play throughout the day.

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Pivot Points for 30 and 60 minute charts use the prior week's high, low and close. These calculations are based on calendar weeks. Once the week starts, the Pivot Points for 30 and 60 minute charts remain fixed for the entire week. They do not change until the week ends and new Pivots can be calculated.

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Pivot Points for daily charts use the prior month's data. Pivot Points for June 1st would be based on the high, low and close for May. They remain fixed the entire month of June. New Pivot Points would be calculated on the first trading day of July. These would be based on the high, low and close for June.

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Pivot Points for weekly and monthly charts use the prior year's data.
Standard Pivot Points

Standard Pivot Points begin with a base Pivot Point. This is a simple average of the high, low and close. The middle Pivot Point is shown as a solid line between the support and resistance pivots. Keep in mind that the high, low and close are all from the prior period.

The chart below shows the Nasdaq 100 ETF (QQQ) with Standard Pivot points on a 15 minute chart. At the start of trading on June 9th, the Pivot Point is in the middle, the resistance levels are above and the support levels are below. These levels remain constant throughout the day.

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Setting the Tone

The Pivot Point sets the general tone for price action. This is the middle line of the group that is marked (P). A move above the Pivot Point is positive and shows strength. Keep in mind that this Pivot Point is based on the prior period's data. It is put forth in the current period as the first important level. A move above the Pivot Point suggests strength with a target to the first resistance. A break above first resistance shows even more strength with a target to the second resistance level.

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The converse is true on the downside. A move below the Pivot Point suggests weakness with a target to the first support level. A break below the first support level shows even more weakness with a target to the second support level.
Support and Resistance

Support and resistance levels based on Pivot Points can be used just like traditional support and resistance levels. The key is to watch price action closely when these levels come into play. Should prices decline to support and then firm, traders can look for a successful test and bounce off support. It often helps to look for a bullish chart pattern or indicator signal to confirm an upturn from support. Similarly, should prices advance to resistance and stall, traders can look for a failure at resistance and decline. Again, chartists should look for a bearish chart pattern or indicator signal to confirm a downturn from resistance.

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The second support and resistance levels can also be used to identify potentially overbought and oversold situations. A move above the second resistance level would show strength, but it would also indicate an overbought situation that could give way to a pullback. Similarly, a move below the second support would show weakness, but would also suggest a short-term oversold condition that could give way to a bounce.

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Conclusions

Pivot Points offer chartists a methodology to determine price direction and then set support and resistance levels. It usually starts with a cross of the Pivot Point. Sometimes the market starts above or below the Pivot Point. Support and resistance come into play after the crossover. While originally designed for floor traders, the concepts behind Pivot Points can be applied across various timeframes. As with all indicators, it is important to confirm Pivot Point signals with other aspects of technical analysis. A bearish candlestick reversal pattern could confirm a reversal at second resistance. Oversold RSI could confirm oversold conditions at second support. An upturn in MACD could be used to confirm a successful support test. On a final note, sometimes the second or third support/resistance levels are not seen on the chart. This is simply because their levels exceed the price scale on the right. In other words, they are off the chart.

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

99Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Fri Sep 19, 2014 4:02 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert



This is the Lioc video re-cap for the week ending today.
Next week would be a brand new week ahead so all the best.


Shark

100Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Fri Sep 19, 2014 5:02 pm

barba


Manager - Equity Analytics
Manager - Equity Analytics

SHARK wrote:

This is the Lioc video re-cap for t. Ohe week ending today.
Next week would be a brand new week ahead so all the best.


Shark
SHARK When do you see the bullish trend tof. Start or Osea

101Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Fri Sep 19, 2014 5:23 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Barba
sorry I dont understand your question ... Smile

102Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Fri Sep 19, 2014 5:44 pm

barba


Manager - Equity Analytics
Manager - Equity Analytics

SHARK wrote:Barba
sorry I dont understand your question ... Smile
SHARK When do you think OSEA to start it's bullish trend?It should have it's run soon or what would you think

103Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Fri Sep 19, 2014 5:49 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Barba i thought you were in with OSEA around 21-20ish i remember i posted a chart around same time, this was sometime back we got a target around 25-26 and possibility towards 32 i dont remember what i wrote as targets.
you may dig the TA&C section few pages back.

104Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Fri Sep 19, 2014 6:35 pm

barba


Manager - Equity Analytics
Manager - Equity Analytics

SHARK wrote:Barba i thought you were in with OSEA around 21-20ish i remember i posted a chart around same time, this was sometime back we got a target around 25-26 and possibility towards 32 i dont remember what i wrote as targets.
you may dig the TA&C section few pages back.
Thanks SHARK

105Technical Analytics & Charts (3) - Page 4 Empty Re: Technical Analytics & Charts (3) Fri Sep 19, 2014 7:25 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Does anyone have quarterly earning updates ending 30.06.2014 - Asha Phillips.

Please share....

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