Technical Analytics & Charts (2)

nimantha80 · **326** Re: Technical Analytics & Charts (2) Fri Jan 31, 2014 11:07 am

nimantha80

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Whatever argument we had I agree on your view on ASIY and CTBL.

traderathome · **327** Re: Technical Analytics & Charts (2) Fri Jan 31, 2014 11:13 am

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nimantha80 wrote:Whatever argument we had I agree on your view on ASIY and CTBL.

somebody seem to be collecting slow and steady more of ASIY we will see it on the next quarter results Laughing

Slstock · **328** Re: Technical Analytics & Charts (2) Fri Jan 31, 2014 11:16 am

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Is it you? Haha just kidding.

traderathome wrote:

nimantha80 wrote:Whatever argument we had I agree on your view on ASIY and CTBL.

somebody seem to be collecting slow and steady more of ASIY we will see it on the next quarter results

traderathome · **329** Re: Technical Analytics & Charts (2) Sat Feb 01, 2014 9:19 am

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slstock wrote:Is it you? Haha just kidding.

traderathome wrote:

nimantha80 wrote:Whatever argument we had I agree on your view on ASIY and CTBL.

somebody seem to be collecting slow and steady more of ASIY we will see it on the next quarter results

In ASIY its a small holding I have although I am in the list.....

I am eagerly waiting for the December quarter results to see the changes in the TOP20 list.

We also have forgotten about SAMP, we saw the reversal around 160 mark.

Realistically we could see a jump off to 190+ in SAMP in coming months Very Happy

on the technical side.

In LIOC I will wait for a fair amount of pull back or a correction, Rs 35/--40/- is too high for those intending to put NEW BUY orders now.

Slstock · **330** Re: Technical Analytics & Charts (2) Sat Feb 01, 2014 9:45 am

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Means you sold part of you ASIY

SAMP , LFIN has the same sentiment issue due to Gold portfolio. ( it more sentiment than fundamentals as they still are makign profits but just lesser due to gold issues) But by March 31 ( provided there is no gold price drop) both companies should get back to their feet.

traderathome wrote:

nimantha80 wrote:Whatever argument we had I agree on your view on ASIY and CTBL.

somebody seem to be collecting slow and steady more of ASIY we will see it on the next quarter results

[/quote]
In ASIY its a small holding I have although I am in the list.....

I am eagerly waiting for the December quarter results to see the changes in the TOP20 list.

We also have forgotten about SAMP, we saw the reversal around 160 mark.

Realistically we could see a jump off to 190+ in SAMP in coming months Very Happy

on the technical side.

In LIOC I will wait for a fair amount of pull back or a correction, Rs 35/--40/- is too high for those intending to put NEW BUY orders now.

[/quote]

Redbulls · **331** Re: Technical Analytics & Charts (2) Sat Feb 01, 2014 9:50 am

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slstock wrote:Means you sold part of you ASIY

I don't think so. He was targeting around 5?
http://forum.srilankaequity.com/t30386p200-harmonic-price-pattern-trading#182244

traderathome · **332** Re: Technical Analytics & Charts (2) Sat Feb 01, 2014 10:40 am

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Yes, we have seen the worst in GOLD drop, and I don't see GOLD going below 1200 levels.....

If I remember lately GOLD reserves were filled by FEDs in China, India & Srilanka few years ago that boosted the GOLD prices to record high to 1200-1500 if I remember.

So good news for SAMP & LFIN.....

Gpld will surely see new HIGHs in years to come possibly 2000+

traderathome · **333** Re: Technical Analytics & Charts (2) Sat Feb 01, 2014 10:42 am

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So BUY gold for your daughters & wives now.....

don't be licking your sorry as..... later Sad

TAH

traderathome · **334** Re: Technical Analytics & Charts (2) Mon Feb 03, 2014 11:54 pm

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50% correction on the cards...which is good for a longterm RUN up.... Smile

That should be around 100 points on S&PSL20

traderathome · **335** Re: Technical Analytics & Charts (2) Mon Feb 03, 2014 11:58 pm

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Look out ..38.2% FIB correction 3370 mark on the Index...if the current RUN is stronger than one could think of....

The second wave should see most shares that did not appreciate to see Higher Highs....

so accumulate GOOD shares...
good luck guys

Slstock · **336** Re: Technical Analytics & Charts (2) Tue Feb 04, 2014 12:31 am

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TAH,

What is next ASI resistance level/s? Can ASI afford 100-150 point drop without upsetting the trend?

If SP20 falls by 60-100 points ( 2-3% drop) it will affect the ASI also in a big way.

traderathome wrote:Look out ..38.2% FIB correction 3370 mark on the Index...if the current RUN is stronger than one could think of....

The second wave should see most shares that did not appreciate to see Higher Highs....

so accumulate GOOD shares...
good luck guys

traderathome · **337** Re: Technical Analytics & Charts (2) Tue Feb 04, 2014 8:08 am

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SLS,
I am not an ardent follower of ASPI anymore, I am just mapping the trend on S&P.

Slstock · **338** Re: Technical Analytics & Charts (2) Tue Feb 04, 2014 8:32 am

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But we need to agree they are inter-related.

If SP20 goes down by a lot ASI goes down

If ASI breaks a previous resistance/now support it will be bad.

SP20 correction was due , but am wondering 100 point will be too much?

traderathome wrote:SLS,
I am not an ardent follower of ASPI anymore, I am just mapping the trend on S&P.

Last edited by slstock on Tue Feb 04, 2014 10:02 am; edited 1 time in total

traderathome · **339** Re: Technical Analytics & Charts (2) Tue Feb 04, 2014 9:59 am

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Happy Independence Day...........

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traderathome · **340** Re: Technical Analytics & Charts (2) Wed Feb 05, 2014 11:34 pm

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By the looks of it some shares, are getting corrected Smile

Slstock · **341** Re: Technical Analytics & Charts (2) Thu Feb 06, 2014 4:52 am

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I did remember you below

http://forum.srilankaequity.com/t31200p50-cse-and-future#192907

traderathome wrote:By the looks of it some shares, are getting corrected

traderathome · **342** Re: Technical Analytics & Charts (2) Thu Feb 06, 2014 7:32 am

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Look at SAMP ...touching 170 again ......formation is interesting..... Good luck...

traderathome · **343** Re: Technical Analytics & Charts (2) Thu Feb 06, 2014 8:26 am

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I will post a chart on SP20 during the week-end......

Happy trading all

Slstock · **344** Re: Technical Analytics & Charts (2) Thu Feb 06, 2014 8:31 am

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Also a chart on ASI ( even if you are not following it) if you can.

traderathome wrote:I will post a chart on SP20 during the week-end......

Happy trading all

Leon · **345** Re: Technical Analytics & Charts (2) Thu Feb 06, 2014 8:34 am

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traderathome wrote:Look at SAMP ...touching 170 again ......formation is interesting..... Good luck...

Is it a signal that the 4Q results are not that good??

Slstock · **346** Re: Technical Analytics & Charts (2) Thu Feb 06, 2014 8:38 am

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SAMP should still have issues related Gold portfolio this quarter .

So many don't expect a big quarter result ( growth in revenue but profit?).
So this share price adjustment in red market is natural.

So long term people these drops are opportunities ;-)

Leon wrote:

traderathome wrote:Look at SAMP ...touching 170 again ......formation is interesting..... Good luck...

Is it a signal that the 4Q results are not that good??

Last edited by slstock on Thu Feb 06, 2014 9:58 am; edited 1 time in total (Reason for editing : more clarity.)

traderathome · **347** Re: Technical Analytics & Charts (2) Thu Feb 06, 2014 9:52 am

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There is always an opportunity when most fear to go that way....... you know it very well BOSS Wink

Better to BUY 1/3 @ CMP of SAMP

And another @ 160 if falls know....

And last LOT at XXX price should it fall further.....

traderathome · **348** Re: Technical Analytics & Charts (2) Thu Feb 06, 2014 9:54 am

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You can always coincide it with JKH touching 225 Laughing

K.Haputantri · **349** Re: Technical Analytics & Charts (2) Thu Feb 06, 2014 10:02 am

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Thanks TAH.

traderathome · **350** Re: Technical Analytics & Charts (2) Fri Feb 07, 2014 9:15 am

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Yesterdays candle on SP20 in my opinion shows that further loss is on the cards at least 3360 towards 33xx

traderathome · **351** Re: Technical Analytics & Charts (2) Fri Feb 07, 2014 12:15 pm

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The chart on ASIY to refreshen up things on my HOLDING.....

The longterm resistant line B/O pending 3.30 & collection happening 3.10/3.20

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traderathome · **352** Re: Technical Analytics & Charts (2) Fri Feb 07, 2014 12:21 pm

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The short term B/O shows around 3.70-3.80 and we can assume it to be a 1st RES line for any future price actions.

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traderathome · **353** Re: Technical Analytics & Charts (2) Fri Feb 07, 2014 1:47 pm

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NEST Looking for possible 2000/-

traderathome · **354** Re: Technical Analytics & Charts (2) Sat Feb 08, 2014 9:53 pm

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Be happy the correction which was due is happening now Smile

I am certain the correction leg has some more room down towards 3330.
This is my initial estimate that the correction leg will go down further than 38.2 Fib after seeing the latest PA last week. which is IMO not good. I will explain why such a correction is not at all healthy.
1. Short term investors fear psychosis will drag the sentiments further down.
2.This will hurt market sentiments.
3. We would be back to square 1 in such a scenario.

If this correction taking place is within the bigger wave then only meaningful correction would be to rebound @ 38.2% Fib, that would invigorate bullish sentiments further for a bigger push.

So I am keeping my fingers crossed, that I should have more money to pump to BUY more shares, before its imminent take off.

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So all should anticipate next week to be more greener if you are BULLISH Smile

That should technically push beyond last HIGH 3500 levels, which was twice failed to break.

A correction towards 50% Fib would 3330 would take more time to break 3500 imo and this could turn into a range bound for some time.

That would look bit awful for those looking for fast action.

Good luck
TAH

Slstock · **355** Re: Technical Analytics & Charts (2) Sun Feb 09, 2014 5:44 am

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TAH, can you post the ASI chart also please (though you are not following it )

Also , am trying to understand. Are you saying 38.2 % is better to bounce back, but it 50% is bad.

I recall you expected 100 point drop from about 3425 which is 50%

traderathome wrote:Be happy the correction which was due is happening now
I am certain the correction leg has some more room down towards 3330.
This is my initial estimate that the correction leg will go down further than 38.2 Fib after seeing the latest PA last week. which is IMO not good. I will explain why such a correction is not at all healthy.
1. Short term investors fear psychosis will drag the sentiments further down.
2.This will hurt market sentiments.
3. We would be back to square 1 in such a scenario.

If this correction taking place is within the bigger wave then only meaningful correction would be to rebound @ 38.2% Fib, that would invigorate bullish sentiments further for a bigger push.

So I am keeping my fingers crossed, that I should have more money to pump to BUY more shares, before its imminent take off.

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So all should anticipate next week to be more greener if you are BULLISH

That should technically push beyond last HIGH 3500 levels, which was twice failed to break.

A correction towards 50% Fib would 3330 would take more time to break 3500 imo and this could turn into a range bound for some time.

That would look bit awful for those looking for fast action.

Good luck
TAH

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Technical Analytics & Charts (2)

326 Re: Technical Analytics & Charts (2) Fri Jan 31, 2014 11:07 am

nimantha80

327 Re: Technical Analytics & Charts (2) Fri Jan 31, 2014 11:13 am

traderathome

328 Re: Technical Analytics & Charts (2) Fri Jan 31, 2014 11:16 am

Slstock

329 Re: Technical Analytics & Charts (2) Sat Feb 01, 2014 9:19 am

traderathome

330 Re: Technical Analytics & Charts (2) Sat Feb 01, 2014 9:45 am

Slstock

331 Re: Technical Analytics & Charts (2) Sat Feb 01, 2014 9:50 am

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332 Re: Technical Analytics & Charts (2) Sat Feb 01, 2014 10:40 am

traderathome

333 Re: Technical Analytics & Charts (2) Sat Feb 01, 2014 10:42 am

traderathome

334 Re: Technical Analytics & Charts (2) Mon Feb 03, 2014 11:54 pm

traderathome

335 Re: Technical Analytics & Charts (2) Mon Feb 03, 2014 11:58 pm

traderathome

336 Re: Technical Analytics & Charts (2) Tue Feb 04, 2014 12:31 am

Slstock

337 Re: Technical Analytics & Charts (2) Tue Feb 04, 2014 8:08 am

traderathome

338 Re: Technical Analytics & Charts (2) Tue Feb 04, 2014 8:32 am

Slstock

339 Re: Technical Analytics & Charts (2) Tue Feb 04, 2014 9:59 am

traderathome

340 Re: Technical Analytics & Charts (2) Wed Feb 05, 2014 11:34 pm

traderathome

341 Re: Technical Analytics & Charts (2) Thu Feb 06, 2014 4:52 am

Slstock

342 Re: Technical Analytics & Charts (2) Thu Feb 06, 2014 7:32 am

traderathome

343 Re: Technical Analytics & Charts (2) Thu Feb 06, 2014 8:26 am

traderathome

344 Re: Technical Analytics & Charts (2) Thu Feb 06, 2014 8:31 am

Slstock

345 Re: Technical Analytics & Charts (2) Thu Feb 06, 2014 8:34 am

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346 Re: Technical Analytics & Charts (2) Thu Feb 06, 2014 8:38 am

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347 Re: Technical Analytics & Charts (2) Thu Feb 06, 2014 9:52 am

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348 Re: Technical Analytics & Charts (2) Thu Feb 06, 2014 9:54 am

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349 Re: Technical Analytics & Charts (2) Thu Feb 06, 2014 10:02 am

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350 Re: Technical Analytics & Charts (2) Fri Feb 07, 2014 9:15 am

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351 Re: Technical Analytics & Charts (2) Fri Feb 07, 2014 12:15 pm

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352 Re: Technical Analytics & Charts (2) Fri Feb 07, 2014 12:21 pm

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353 Re: Technical Analytics & Charts (2) Fri Feb 07, 2014 1:47 pm

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354 Re: Technical Analytics & Charts (2) Sat Feb 08, 2014 9:53 pm

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