nis2010 wrote: shadow walker wrote: roshana7549 wrote: EquityChamp wrote:I haven't seen a single post since I join the forum from the forum's senior members such as smallville, Slstock, Redbulls, etc.
Where are they and why they are not talking here? If they could talk 2010,2011,2012 why not now?
KIND REMINDER TO ALL THE MEMBERS WHO WANTS TO LEARNPlease note that all the old Experts of this forum are now in the other forum Namely Slstock, Small ville, Redbull, Alchemist, LSE, Pathfinder, First guy and many more
If you have the real desire to learn stock market, you better check the other forum, then you will see the difference
I m not suggesting you to leave this site, but better check the other site also
Except for some articles from Valuepick, you do not have sufficient material to learn from this forum
add SHARK aha TAH, to your list....
yeh now we have good place to share our ideas...
if you want to know real predictions then you have to watch shark's charts. he is the best guy to analyse charts.
posted by SHARK..... Sun Oct 25, 2015 12:47 am
If one looks at the No of Views this Topic so far has hit, don't be surprised we shall start seeing it reach 10000+.
Whilst most of us and brokers upbeat on 8000 on ASPI.
I am saying technically ASPI in my personal view (Tech Support) see 2 Targets.
1st I would say a possibility to retest Support of 23.6% on FIB and should that breach a good enough reversal @38.6%.
23.6% Support has been very well held 5 times and we are in for 6th time.
BUDGET 2016 is at cross-road of CSE reaching new heights or 38.6% Rebound at much lower. However a correction well below 38.6% would invalidate my predictions
A 38.6% Reversal will give us 6500. where this is more likely scenario of an unfriendly fiscal and monetary policy presentation by the new government.
Should the Investors perceive the BUDGET 2016 as market friendly then we are going to see ASPI testing HISTORICAL Highs.
It is not compulsory that we see a 38.6% correction in this phase, however market forces would determine the fate should the above conclusions become a reality.
The ASPI reaching 10500 is no longer a Dream, But how long it would take should be the question most of us ask and analyzed.
Technical analysis predicts that we are trending in the right direction as we speak.
Fundamentally we may have few dents here and their in our policies that need bit of tinkering and reshaping.
My only concern this time around is the BUDGET proposals, could impact short term jolts to the investor sentiments.
In any case please remember the phase CASH IS KING.
Have greater amount of same to cover short term necessities if you are in with MARGIN.
Remember CASH is KING. Patience Rewards BIG.
My Long term Target of 10500 ASPI through Technical analytics would be a key reversal to 10000.
Therefore during thick and thin be with TEC and CSE ..... as we will be entering a new era ........
Chart supporting 10500 on ASPI to follow.
yours Sincerely
SHARK