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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » CSE - The World's best performer!

CSE - The World's best performer!

+10
Mr. X
Vishwanarth
Promoney
judecroos
WealthKing
xhunter
madukp
David VKMS
stockie
samaritan
14 posters

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26CSE - The World's best performer! - Page 2 Empty Re: CSE - The World's best performer! Fri Mar 05, 2021 1:15 pm

Vishwanarth


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

madukp wrote:If gov knows the potential, their best move should be to buy fundamentally sounds shares at this level using EPF/ ETF letting these thugs dump whatever they want, rather than Cabral whining around like a baby. Cool

SEC should issue a letter to all brokers with ANCs new guideline unless brokers may say they are not in Twitter  Very Happy Very Happy Very Happy


Talks are enough. Formality is must to show transparency

madukp likes this post

27CSE - The World's best performer! - Page 2 Empty Re: CSE - The World's best performer! Fri Mar 05, 2021 2:38 pm

madukp


Expert
Expert

And CSE should ask from broker firms the details of who are dumping the shares as they have done when the pumping is going on. Very Happy

28CSE - The World's best performer! - Page 2 Empty Re: CSE - The World's best performer! Fri Mar 05, 2021 2:41 pm

madukp


Expert
Expert

madukp wrote:
xhunter wrote:
madukp wrote:All the support levels are broken by this mafia gang. Now just keeping up with 7000. Technically this is the point it should move up. But I can't trust SL investor sentimental. Smile
How this technical support or resistance works in real world?
history ASPI chart and today/tomorrow movement is totally mutually exclusive, right?

Let me try to answer your question according to my limited knowledge. These technicals are based on statistics, probability, theories all based on real investor's psychology are represented in technicals. But it is not practical to assess technicals when manipulation controlling the market. The current situation, all we can do is buy shares that we think are fundamentally good and realize returns in the short term.

We are defining support at the most supported levels by investors going through the history records. Resistance on the other hand where prevailing the upward trend.

The chart that I have uploaded based on my point of view. We were at a steady uptrend, which should be the ideal case as most of the stocks are undervalued. Then starts the pumping, then dumping.

CSE - The World's best performer! - Page 2 Cse-1_10


According to the last 6 months' history, someone may have expected good support around 7200. But it has been broken today. Our guys dumped their value shares today, so the market reached 7000 levels.

Please refer to this link for an explanation of support and resistance levels.

https://www.investopedia.com/articles/technical/02/061802.asp


Happy to see investor sentiment get positive around ASI 7000 today. I got few shares today. Let's see how this game gonna play.

29CSE - The World's best performer! - Page 2 Empty Re: CSE - The World's best performer! Fri Mar 05, 2021 2:42 pm

Vishwanarth


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

SEC should issue a letter to all brokers with ANCs new guideline unless brokers may say they are not in Twitter  CSE - The World's best performer! - Page 2 Icon_biggrin CSE - The World's best performer! - Page 2 Icon_biggrin CSE - The World's best performer! - Page 2 Icon_biggrin


Talks are enough. Formality is must to show transparency

judecroos likes this post

30CSE - The World's best performer! - Page 2 Empty Re: CSE - The World's best performer! Mon Mar 08, 2021 2:41 pm

madukp


Expert
Expert

madukp wrote:
madukp wrote:
xhunter wrote:
madukp wrote:All the support levels are broken by this mafia gang. Now just keeping up with 7000. Technically this is the point it should move up. But I can't trust SL investor sentimental. Smile
How this technical support or resistance works in real world?
history ASPI chart and today/tomorrow movement is totally mutually exclusive, right?

Let me try to answer your question according to my limited knowledge. These technicals are based on statistics, probability, theories all based on real investor's psychology are represented in technicals. But it is not practical to assess technicals when manipulation controlling the market. The current situation, all we can do is buy shares that we think are fundamentally good and realize returns in the short term.

We are defining support at the most supported levels by investors going through the history records. Resistance on the other hand where prevailing the upward trend.

The chart that I have uploaded based on my point of view. We were at a steady uptrend, which should be the ideal case as most of the stocks are undervalued. Then starts the pumping, then dumping.

CSE - The World's best performer! - Page 2 Cse-1_10


According to the last 6 months' history, someone may have expected good support around 7200. But it has been broken today. Our guys dumped their value shares today, so the market reached 7000 levels.

Please refer to this link for an explanation of support and resistance levels.

https://www.investopedia.com/articles/technical/02/061802.asp


Happy to see investor sentiment get positive around ASI 7000 today.  I got few shares today. Let's see how this game gonna play.


As expected Market bounced back from 7000 strongly. But the push is harder than expected, may involve some manipulation. carefully pick your shares at this moment and realize profits in small portions without damaging the momentum. Good luck guys! Very Happy

judecroos and topgun86 like this post

31CSE - The World's best performer! - Page 2 Empty Re: CSE - The World's best performer! Wed Mar 10, 2021 1:10 am

madukp


Expert
Expert

madukp wrote:


As expected Market bounced back from 7000 strongly. But the push is harder than expected, may involve some manipulation. carefully pick your shares at this moment and realize profits in small portions without damaging the momentum. Good luck guys! Very Happy

It has happened. push backs were super strong today. Even though ASI reach 7450 in the morning, there wasn't any support level @7400 to 7300. Tomorrow it will exercise the next support levels @7200 / 7150. The pushback may involve manipulation + investor fear. The market might need few swings before it gets into the next bull run. Meantime try to gran at lower and realize in higher in small quantities. Good Luck!

judecroos likes this post

32CSE - The World's best performer! - Page 2 Empty Re: CSE - The World's best performer! Wed Mar 10, 2021 3:03 pm

madukp


Expert
Expert

madukp wrote:
madukp wrote:


As expected Market bounced back from 7000 strongly. But the push is harder than expected, may involve some manipulation. carefully pick your shares at this moment and realize profits in small portions without damaging the momentum. Good luck guys! Very Happy

It has happened. push backs were super strong today. Even though ASI reach 7450 in the morning, there wasn't any support level @7400 to 7300. Tomorrow it will exercise the next support levels @7200 / 7150. The pushback may involve manipulation + investor fear. The market might need few swings before it gets into the next bull run. Meantime try to gran at lower and realize in higher in small quantities. Good Luck!

Downtrend continued as ASPI couldn't find any support today. The market will exercise 7150 support tomorrow and maybe going towards 7000 again. The only good thing is about today is record level low turnover: 657,979,267. On the other hand, many have refused to sell at low levels, but some people still enjoying selling for a reason that personally I can't think about. Cool

33CSE - The World's best performer! - Page 2 Empty Re: CSE - The World's best performer! Wed Mar 10, 2021 3:06 pm

RJ1010


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

Yes I see the low turnover positively. Sellers are holding the line and not sellling cheap... on the other hand the buyers are positioned at lower prices. Once the bottomed out selling gets absorbed we should see a swing to the upside. How long will it take.... can’t predict

Kipling and madukp like this post

34CSE - The World's best performer! - Page 2 Empty Re: CSE - The World's best performer! Wed Mar 10, 2021 3:16 pm

reyaz

reyaz
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

madukp wrote:
madukp wrote:
madukp wrote:


As expected Market bounced back from 7000 strongly. But the push is harder than expected, may involve some manipulation. carefully pick your shares at this moment and realize profits in small portions without damaging the momentum. Good luck guys! Very Happy

It has happened. push backs were super strong today. Even though ASI reach 7450 in the morning, there wasn't any support level @7400 to 7300. Tomorrow it will exercise the next support levels @7200 / 7150. The pushback may involve manipulation + investor fear. The market might need few swings before it gets into the next bull run. Meantime try to gran at lower and realize in higher in small quantities. Good Luck!

Downtrend continued as ASPI couldn't find any support today. The market will exercise 7150 support tomorrow and maybe going towards 7000 again. The only good thing is about today is record level low turnover: 657,979,267. On the other hand, many have refused to sell at low levels, but some people still enjoying selling for a reason that personally I can't think about. Cool
May be you should look at the vehicle auction yards of leading finance companies, min 75% stocked up. Why don't you participate in gold jewellery  auctions? see how many people have defaulted! Take a look at the news on howmany people are robbing valuables!

This will certainly reflect very badly in the books of big banks very soon. Then you will get an idea of the economic outlook

madukp likes this post

35CSE - The World's best performer! - Page 2 Empty Re: CSE - The World's best performer! Wed Mar 10, 2021 3:24 pm

samaritan


Moderator
Moderator

RJ1010 wrote:Yes I see the low turnover positively. Sellers are holding the line and not sellling cheap... on the other hand the buyers are positioned at lower prices. Once the bottomed out selling gets absorbed we should see a swing to the upside. How long will it take.... can’t predict
Things can change overnight. Who expected the turnover levels the market witnessed in January'21? 
The Minister too has boldly given a hint to hold/buy and not to make a mistake by selling now. In my opinion the next run is highly likely to supersede that of January'21.

Kipling, madukp and Bakkabwoi like this post

36CSE - The World's best performer! - Page 2 Empty Re: CSE - The World's best performer! Wed Mar 10, 2021 3:28 pm

madukp


Expert
Expert

reyaz wrote:
madukp wrote:
madukp wrote:
madukp wrote:


As expected Market bounced back from 7000 strongly. But the push is harder than expected, may involve some manipulation. carefully pick your shares at this moment and realize profits in small portions without damaging the momentum. Good luck guys! Very Happy

It has happened. push backs were super strong today. Even though ASI reach 7450 in the morning, there wasn't any support level @7400 to 7300. Tomorrow it will exercise the next support levels @7200 / 7150. The pushback may involve manipulation + investor fear. The market might need few swings before it gets into the next bull run. Meantime try to gran at lower and realize in higher in small quantities. Good Luck!

Downtrend continued as ASPI couldn't find any support today. The market will exercise 7150 support tomorrow and maybe going towards 7000 again. The only good thing is about today is record level low turnover: 657,979,267. On the other hand, many have refused to sell at low levels, but some people still enjoying selling for a reason that personally I can't think about. Cool
May be you should look at the vehicle auction yards of leading finance companies, min 75% stocked up. Why don't you participate in gold jewellery  auctions? see how many people have defaulted! Take a look at the news on howmany people are robbing valuables!

This will certainly reflect very badly in the books of big banks very soon. Then you will get an idea of the economic outlook

I see the point that you are bringing in. Yes, we can't just overlook those crises. But when it comes to CSE, it was pressured and undervalued for years now. But companies on the other hand recorded good profits, they have grown up since the 2015 downtrend. Overall I believe CSE is an undervalue and should appreciate with time.

samaritan and judecroos like this post

37CSE - The World's best performer! - Page 2 Empty Re: CSE - The World's best performer! Wed Mar 10, 2021 5:11 pm

madukp


Expert
Expert

Net foreign in as foreigners didn't sell much today
https://servimg.com/view/20300809/8



Last edited by madukp on Wed Mar 10, 2021 5:17 pm; edited 1 time in total (Reason for editing : Image preview is smaller, changed to the source link)

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