ASI 12.10.2016

worthiness · 21 Re: ASI 12.10.2016 Sat Oct 15, 2016 12:51 pm

worthiness

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@stockback
good. Do u mind to mind to name each line as you did before. Thx.

stockback · 22 Re: ASI 12.10.2016 Sat Oct 15, 2016 1:59 pm

stockback

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@worthiness wrote:@stockback
good. Do u mind to mind to name each line as you did before. Thx.

Line 0 is same line I used before.

Line 1 didnt show this diagram

Line 2 is lower line of that Chanel and lower line of Pennant patter. Line 1 is upper Line of Pennant Pattern.

I think its clear now?

ASI 12.10.2016 - Page 2 Asi_0411

Garayaka · 23 Re: ASI 12.10.2016 Sat Oct 15, 2016 3:22 pm

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I have added the same chart with increased time interval for 5 days to see the long term trend.

For me it seems trend is good for the future unless government continue to go ahead with failing political agendas.

ASI 12.10.2016 - Page 2 Trend10

worthiness · 24 Re: ASI 12.10.2016 Sat Oct 15, 2016 10:19 pm

worthiness

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@stockback
I believe you are not tired of my non-ending clarification sought.
What indication given by the gap on top part of line 3 (dark blue) & line 2 (light blue). Is it the future trend line upwards? Thx.

stockback · 25 Re: ASI 12.10.2016 Sat Oct 15, 2016 10:55 pm

stockback

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at the mment we are in Line 1 and Line 2 - please follow all charts.

hope to break Line 1. bcz ASI didn't get Fib resistance when ASI try to break Line 1. and also creating triangle pattern to upside. when its reach to Triple Top level..

My idea is Trend is positive now. and last Friday we seen some good support. and also traded around 600 Million worth stocks. next money I hope ASI green and trading above 600 Millions worth stocks.

if i am wrong. please tell me...

Garayaka · 26 Re: ASI 12.10.2016 Mon Oct 17, 2016 1:40 pm

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So many panic seems going on. Does someone knows a
possible reason?
@stockback
Are we heading for 6383 resistance?
Thanks in advance.

stockback · 27 Re: ASI 12.10.2016 Mon Oct 17, 2016 1:58 pm

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6432
6383
6250 (strong support from FIB)

when ASI reach to 6432. RSI is very close to 30 level. we can expect bounce back from that point.

and also I expect JKH run. that is positive sign.

worthiness · 28 Re: ASI 12.10.2016 Mon Oct 17, 2016 2:17 pm

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The time RSI touches 30 level market indicates the oversold situation & technically bouncing back is possible. Since ASPI heavily depends of JKH. further plunge of JKH ( for many reasons) may not be in line with technical indicators. Any comments please.

Garayaka · 29 Re: ASI 12.10.2016 Mon Oct 17, 2016 2:21 pm

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Last time JKH dropped once Jkhw12 converted shares came to market. If same happen here ASI may go further down a bit.

However It shouldn't go much since no one to sell after

Garayaka · 30 Re: ASI 12.10.2016 Mon Oct 17, 2016 2:38 pm

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Very low turnover. Turnaround may possible.

worthiness · 31 Re: ASI 12.10.2016 Tue Oct 18, 2016 11:31 am

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As indicated above next support level is 6432. Market volatility is still shown with low volume of trades. Perhaps advanced disclosure of budget proposals could be an attractive force to strength the investors' confidence.

worthiness · 32 Re: ASI 12.10.2016 Tue Oct 18, 2016 11:32 am

worthiness

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As indicated above next support level is 6432. Market volatility is still shown with low volume of trades. Perhaps advanced disclosure of budget proposals could be an attractive force to strength the investors' confidence.

EquityChamp · 33 Re: ASI 12.10.2016 Fri Oct 21, 2016 8:51 am

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It seems that investors pressed the cautious button ahead of budget. Feel this gloomy mood to prevail till the budget proposals are announced.

worthiness · 34 Re: ASI 12.10.2016 Fri Oct 21, 2016 10:10 am

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Market is facing situational factors. Visibly for a short period. May drag to mid term depending on the gravity.

stockback · 35 Re: ASI 12.10.2016 Fri Oct 21, 2016 4:39 pm

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ASI 12.10.2016

21 Re: ASI 12.10.2016 Sat Oct 15, 2016 12:51 pm

worthiness

22 Re: ASI 12.10.2016 Sat Oct 15, 2016 1:59 pm

stockback

23 Re: ASI 12.10.2016 Sat Oct 15, 2016 3:22 pm

Garayaka

24 Re: ASI 12.10.2016 Sat Oct 15, 2016 10:19 pm

worthiness

25 Re: ASI 12.10.2016 Sat Oct 15, 2016 10:55 pm

stockback

26 Re: ASI 12.10.2016 Mon Oct 17, 2016 1:40 pm

Garayaka

27 Re: ASI 12.10.2016 Mon Oct 17, 2016 1:58 pm

stockback

28 Re: ASI 12.10.2016 Mon Oct 17, 2016 2:17 pm

worthiness

29 Re: ASI 12.10.2016 Mon Oct 17, 2016 2:21 pm

Garayaka

30 Re: ASI 12.10.2016 Mon Oct 17, 2016 2:38 pm

Garayaka

31 Re: ASI 12.10.2016 Tue Oct 18, 2016 11:31 am

worthiness

32 Re: ASI 12.10.2016 Tue Oct 18, 2016 11:32 am

worthiness

33 Re: ASI 12.10.2016 Fri Oct 21, 2016 8:51 am

EquityChamp

34 Re: ASI 12.10.2016 Fri Oct 21, 2016 10:10 am

worthiness

35 Re: ASI 12.10.2016 Fri Oct 21, 2016 4:39 pm

stockback

36 Re: ASI 12.10.2016

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