Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

Submit Post
සිංහල පරිවර්තනය
Search
 
 

Display results as :
 

 


Rechercher Advanced Search

Latest topics

» FUTURE GEMS.....
by DS Wijesinghe Yesterday at 8:01 pm

» Sampath Bank PLC - A giant awakening
by EquityChamp Yesterday at 7:33 pm

» Dividend payments
by alphamm Mon Apr 23, 2018 9:52 pm

» VONE , is it time to sell or holds
by 2017 Cse Mon Apr 23, 2018 9:19 pm

» MGT & REEF ????
by Ran49 Mon Apr 23, 2018 8:06 pm

» UBC KEEP WATCHING
by Ran49 Mon Apr 23, 2018 8:04 pm

» COCR can be attractive
by SUSPENS Mon Apr 23, 2018 6:54 pm

» COCR will be a silent runner
by suku502 Mon Apr 23, 2018 1:33 pm

» Orient Finance PLC- possible future star
by DS Wijesinghe Thu Apr 19, 2018 10:29 pm

» Companies to invest long term
by EquityChamp Thu Apr 19, 2018 6:56 pm

» The Stock Chat by EquityChamp
by glad Thu Apr 19, 2018 11:12 am

» Blue Chip Companies
by glad Wed Apr 18, 2018 7:22 am

» WHAT HAPPENED TO DIST?
by EquityChamp Tue Apr 17, 2018 6:51 pm

» JINS Share Repurchase
by EquityChamp Tue Apr 17, 2018 7:03 am

» LIOC N.........................
by EquityChamp Mon Apr 16, 2018 1:54 pm

» Abans finance PLC in deep trouble?
by Wimal Modawansa Fri Apr 13, 2018 8:03 pm

» Singer Finance worth to look at
by anges Thu Apr 12, 2018 6:37 pm

» Laxapana Batteries - A New Begining
by EquityChamp Thu Apr 12, 2018 7:10 am

» Kelani Tyres PLC - Invest for the future
by EquityChamp Thu Apr 12, 2018 6:59 am

» Teejay Jersey Lanka PLC - Depreciated Rupee had a very positive impact
by anges Wed Apr 11, 2018 6:36 pm

Forum Disclaimer

The information contained in this forum have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein.

www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever.

Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Charts & Graphs » Technical Analytics & Charts (1)

Technical Analytics & Charts (1)

Go to page : Previous  1, 2, 3, 4 ... 14 ... 25  Next

Go down  Message [Page 3 of 25]

1 Technical Analytics & Charts (1) on Wed Mar 14, 2012 8:42 am

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
First topic message reminder :

In this lesson, we'll be looking at harmonic price patterns. These bad boys may be a little harder to grasp but once you spot these setups, it can lead to some very nice profits!

The whole idea of these patterns is that they help people spot possible retracements of recent trends. In fact, we'll make use of other tools we've already covered - the Fibonacci retracement and extensions!

Combining these wonderful tools to spot these harmonic patterns, we'll be able to distinguish possible areas for a continuation of the overall trend.

In this lesson, we're going to discuss the following Harmonic Price Patterns:
ABCD Pattern
Three-Drive Pattern
Gartley Pattern
Crab Pattern
Bat Pattern
Butterfly Pattern
Phew! That's quite a lot to cover!

But don't you worry... Once you get the hang of things, it'll be as easy as 1-2-3! We'll start off with the more basic ABCD and three-drive patterns before moving on to Gartley and the animals.

After learning about them, we'll take a look at the tools you need in order to trade these patterns successfully.

For all these harmonic patterns, the point is to wait for the entire pattern to complete before taking any short or long trades. You'll see what we're talking about later on so let's get started!



source:baby pips  Very Happy


81 Re: Technical Analytics & Charts (1) on Sun May 20, 2012 10:56 pm

traderathome


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Tomorrow is another day will be re injecting as I build my equity investment portfolio

82 Re: Technical Analytics & Charts (1) on Sun May 20, 2012 11:27 pm

stumpy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
tomorrow is good for selling! Razz

83 Re: Technical Analytics & Charts (1) on Mon May 28, 2012 12:54 am

traderathome


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
next week or 2 it will be a make or break with greece elctions the FII (Foreign Institutional Investors) will decide where to dump their monies imo. With Bloomberg stating most of them are eyeing EM (Emerging Markets), but surely we(SEC) need to put CSE in order.Surely the market is at attractive levels.Just we need a jump start Very Happy

84 Re: Technical Analytics & Charts (1) on Mon May 28, 2012 3:49 am

val2004


Stock Trader
Hi traderathome,

can you Please explain how to trade the following Harmonic Price Patterns:

ABCD Pattern
Three-Drive Pattern
Gartley Pattern

thanks a lot

V

85 Re: Technical Analytics & Charts (1) on Mon May 28, 2012 10:02 pm

traderathome


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@traderathome wrote:next week or 2 it will be a make or break with greece elctions the FII (Foreign Institutional Investors) will decide where to dump their monies imo. With Bloomberg stating most of them are eyeing EM (Emerging Markets), but surely we(SEC) need to put CSE in order.Surely the market is at attractive levels.Just we need a jump start Very Happy
Hi Investors

Its been long since i updated BFL stock which i purchased sometime back.As you most us are suffering due to down trend, extreme selling pressure due to economic woes all over not only related SL,but USA,India,Europe due to uncertainities ...and slow-down of growth.we are bound to have this sort of scenarios. Most people exit to cut short losses as no one can in certainity tell when the market will reverse. But there are signs people will get over greece and spain issues. so to avoid any spill over effect on rest of the eurozone. so come greece elections we will for sure know how issues will span out and options will be on the table for germany and france to decide.

Regarding the BFL i attach herewith possible PRX around current market level and around Rs 62 levels. I will reload between 90-60 the remaining 2 lots. as you know i trade /buy in 3 lots eg. with 1,000,000 investment i take 7.5-10% and divide in to 3lots and purchase at different levels. That about an insight to my trading.

The chart is self explanatory....[You must be registered and logged in to see this image.]

86 Re: Technical Analytics & Charts (1) on Mon May 28, 2012 10:09 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@val2004 wrote:Hi traderathome,

can you Please explain how to trade the following Harmonic Price Patterns:

ABCD Pattern
Three-Drive Pattern
Gartley Pattern

thanks a lot

V
Hi Val,

The trades on HAT or HPP is very simple but you need to select some volatile conters and fundamentally string shares. While base on your selection no one can guarantee 100% precission but this will give you some confidence when to purchase a share and what price you should pay for them.so basically you will not chase the market but you wait for the market to come to you Laughing . you need patience which is utmost important. i buy in 3 lots as indicated in my last post so you avoid risking whole amount in one go.instead you spread the risk over 3 levels. check website and read and learn and draw your charts and will discuss it over here. that way all can learn including me. Very Happy so i look forward to see some positive feed back from your end Cool

87 Re: Technical Analytics & Charts (1) on Mon May 28, 2012 10:25 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
My 2nd and final chart for the week i guess Very Happy [You must be registered and logged in to see this image.]

88 Re: Technical Analytics & Charts (1) on Mon May 28, 2012 11:34 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
The price action is very important when it come to decision making whether to commit on a trade or not.....here is a chart i thought would be worth having a look at...which is with a potential reward if you hold on or get in at the right time +/- from PRZ levels squared/boxed for easy understanding. cheers [You must be registered and logged in to see this image.]


[You must be registered and logged in to see this image.]

89 Re: Technical Analytics & Charts (1) on Thu Jun 07, 2012 8:09 am

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Today i think the cse will close in GREEN Very Happy

90 Re: Technical Analytics & Charts (1) on Fri Jun 08, 2012 12:15 am

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@traderathome wrote:Today i think the cse will close in GREEN Very Happy
The market will close tomorrow in GREEN as well..... Very Happy afro

sentiments a tad greenish/bullish imho

we are seeing us markets rallying after fed chairmans hawkish outlook back of euro slowdown/mess. positive figures driving the market. lets see how this reflects in cse. lol!

91 Re: Technical Analytics & Charts (1) on Fri Jun 08, 2012 12:32 am

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Here is my chart on LFIN.....looking to buy around 68-60 mark poin from current market price sittin @98...thats about 30 rs down...also extreme buy point would be rs 17 will it come down.....only time can prove that...if things will see gloomy, there is little choice the price will hold in the 98 mark. but you can not rule out possibility of prices sliding to 40-60 region.[You must be registered and logged in to see this image.]

92 Re: Technical Analytics & Charts (1) on Fri Jun 08, 2012 1:18 am

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
This is my last chart on SLT another fundamentally strong share currently on the slide.....the telecom giant has positive in net cashflow as per last financials...
the bullish trend still in tact,while bump and run trend line coming back to realistic values around Rs 30/- is the price to buy for me ....which would look really attractive for me imho.

although us job data seems modest,but underline figures are much worst although this is not shown as per Mort Zuckerman, so we can not totally rely on us economy state,

the biggest export market for us is the euro in combine makes up 20%..so they would like euro to do good during election year drunken

as i write NASDAQ is in RED...... Crying or Very sad

when world economy in dire ,our exports too will suffer...


[You must be registered and logged in to see this image.]

93 Re: Technical Analytics & Charts (1) on Fri Jun 08, 2012 1:21 am

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
damn S&P500 now marginally RED

94 Re: Technical Analytics & Charts (1) on Fri Jun 08, 2012 1:40 am

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
we will see market is see sawing until end of greek elections.... Very Happy i mean RED/GREEN and vice versa...no clear directions No

95 Re: Technical Analytics & Charts (1) on Fri Jun 08, 2012 10:34 am

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
here is an update on my ASPI harmonic chart. The price action is some what bearish and drew the PRZ around 4040. I dont think it will go down below 4000 perhaps it could test. the next stage if this 4040 holds good see testing of 4500 to the upside, and continue till 6200 .... confirming the next leg down around this point (bearish 5-0 pattern)
[You must be registered and logged in to see this image.]

cheers

96 Re: Technical Analytics & Charts (1) on Fri Jun 08, 2012 10:54 am

Green79

avatar
Equity Analytic
Equity Analytic
i always await to read your thread.

Cheers...!

97 Re: Technical Analytics & Charts (1) on Fri Jun 08, 2012 11:17 am

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Green79 wrote:i always await to read your thread.

Cheers...!
thanks for your compliments, i will try and update as and when time permits. Smile happy to note some are honestly following trading patterns based on harmonic price action. instead just buying on guessing or gambling in stock market, and lose our money.

also imo i trade same counter on 3 lots.i guess i told some where in my thread and now i cant find it.any how its very simple strategy.instead buying shares at one go we will do it in 3 lots by dividing original investment on that counter you are interested.

example 1 million x 7.5%=75000 this you divide it into 3=25000/lot so you will invest according to trailing price actions. hope this clears. Cool

98 Re: Technical Analytics & Charts (1) on Fri Jun 08, 2012 6:03 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@traderathome wrote:
@traderathome wrote:next week or 2 it will be a make or break with greece elctions the FII (Foreign Institutional Investors) will decide where to dump their monies imo. With Bloomberg stating most of them are eyeing EM (Emerging Markets), but surely we(SEC) need to put CSE in order.Surely the market is at attractive levels.Just we need a jump start Very Happy
Hi Investors

Its been long since i updated BFL stock which i purchased sometime back.As you most us are suffering due to down trend, extreme selling pressure due to economic woes all over not only related SL,but USA,India,Europe due to uncertainities ...and slow-down of growth.we are bound to have this sort of scenarios. Most people exit to cut short losses as no one can in certainity tell when the market will reverse. But there are signs people will get over greece and spain issues. so to avoid any spill over effect on rest of the eurozone. so come greece elections we will for sure know how issues will span out and options will be on the table for germany and france to decide.

Regarding the BFL i attach herewith possible PRX around current market level and around Rs 62 levels. I will reload between 90-60 the remaining 2 lots. as you know i trade /buy in 3 lots eg. with 1,000,000 investment i take 7.5-10% and divide in to 3lots and purchase at different levels. That about an insight to my trading.

The chart is self explanatory....[You must be registered and logged in to see this image.]
i saw it on another thread one of the bfl directors selling off his shares....so thought i will refresh my mind on this chart.... bounce

99 Re: Technical Analytics & Charts (1) on Fri Jun 08, 2012 6:04 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Top Tip #1 Dont get over-emotional about your shares

Shares are an investment a financial investment. But for many people they become an emotional investment too. That can be dangerous. Dont allow yourself to get so attached to your shares that you ignore all the signs telling you it is time to sell them.



If you have lost money because a share price has gone down it can be very hard to let go. It is only human nature to hold on grimly in the hope that the share price will go back up. Unfortunately what goes down must come back up is not a stock market rule.



Remember investing is about maximising your financial return. It is not about emotion. Most of us have only a limited amount of funds to invest so we need to use this money to its best effect. If you spot a share with better prospects than one you already hold you should consider switching your investment remembering to bear in mind the costs involved stamp duty dealing any potential Capital Gains Tax liability.



Allocating your resources correctly is what is important. Holding a share stops you using that money elsewhere so make sure youre investing for the right reasons.

100 Re: Technical Analytics & Charts (1) on Fri Jun 08, 2012 6:05 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Top Tip #2 Know when to take your profit

The best way of knowing when it is time to sell a share is to set a target profit level for yourself at the time at which you buy the share. Then assuming the price rises when the share hits your target level sell and take your profit. Remember a profit isnt a profit until youve sold the share. A paper profit will buy you nothing.



If the share price is rising it is easy to think that it will continue to do so. Theres an old stock market saying - Always leave something for the next man. Remember if youre selling somebody else has to be a willing buyer. Once you have sold be happy that you have made your profit.



Of course you dont have to sell when a share reaches your target level but if it does you should take a fresh look at the shares and consider your options. You could sell and take the profit or you could top slice your investment sell enough shares to get back your capital and perhaps some of your profit leaving part of your holding in place.



Top slicing means that if the shares fall you have protected your capital and taken a gain. If the shares continue to rise you still have some exposure and will make further profits.



Use limit orders and alerts on your

101 Re: Technical Analytics & Charts (1) on Fri Jun 08, 2012 6:06 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Top Tip #3 A share can be a dog but its not for life

In stock market parlance a dog is an investment that produces a low return or a loss. If youve any long term experience of the stock market you may well have owned shares that could quite easily have howled at the moon! It is a fact of life.



But unlike dogs shares are not for life. Long-term investing known as buy and hold may not work as well now as it did in the past as a stock market strategy. Competition in many industry sectors is much greater than it was and some companies adapt better than others. Just because a company was a



Many people now buy shares in the company they work for through Sharesave Plans. This can be a tax-efficient and cost-effective way of building up a share-holding. However that doesnt mean you should hang on to the shares forever. Youre already exposed to the company because you work for it. Investing in it increases your exposure. What if the company runs into problems - its share price could fall and you could be made redundant thus facing a double whammy of losses on your investment and loss of your income.



Dont become attached to a share weve said that already. Maybe you inherited the holding maybe its the first share you ever bought. None of that matters. Whatever your reason for holding the share in the first place you need to be clinical when it comes to selling. If the share is not doing what it should for you and is not likely to in terms of income generation or capital growth then you should sell.



Shares are not to be parked under the bed and forgotten about. You may check your share prices regularly perhaps even daily but do you actually review your holdings to see if your investment strategy still makes sense. If it does fine; if it doesnt sell! Take a cold hard look at your portfolio at least every two-three months.

102 Re: Technical Analytics & Charts (1) on Fri Jun 08, 2012 6:09 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Although i dont agree with below RULE, some will counter argue, so i like keep silent on this one Basketball
Top Tip #4 Know when to cut your losses

No-one likes to lose and especially no-one likes to lose money. However it is better to take a small loss rather than a large loss. When you buy a share as well as setting a target profit level you should set a target loss level. Making that decision at the outset can save you a lot of agonising later on.



Of course as with profit targets you dont have to sell. But if your share reaches its loss level then you need to look very hard at the prospects for the company concerned and for its share price to have a good reason to hang on.



Biting the bullet and taking the loss if thats what you decide to do means you can use your remaining capital to find a new and better we hope investment.

103 Re: Technical Analytics & Charts (1) on Fri Jun 08, 2012 6:10 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Top Tip #5 Keep an eye on Directors dealings

Watching the directors was not a song by Elvis Costello but its definitely something you should be doing. You may think that if a director sells then there is something wrong with the company. That may be the case but not always. There can be a variety of reasons for directors to sell often wholly unrelated to the performance of the business.



Do bear in that in many cases the directors may well be under certain restrictions when it comes to share dealing and may often only sell certain amounts at certain times of the year. If the share price has had a good run a director will take advantage of this just like any other investor and sell simply to lock in a bit of profit. School fees may loom large as a driver for share sales.



Divorce has also been a key factor in 2004 Stephen Marks founder of French Connection and David Harding chief executive of William Hill both sold large holdings in their respective companies to fund settlements. The following year Mark Dixon of Regus Group and Sir Martin Sorrell of WPP found themselves in similar situations.



However take note if several directors are selling. You need to understand the reason why and take your decision then. Check how the company is performing and look for evidence that would provide a reason for the sales. It could well be time to follow suit.

104 Re: Technical Analytics & Charts (1) on Fri Jun 08, 2012 6:12 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Top Tip #6 Dont jump too soon

There are times when shares just dont move much - even when the rest of the market is roaring collapsing around them. Even shares that have been tipped as strong buying opportunities may not move much - the tip may be based on an event say the launch of a new product that is some way off. The stock market may not react until the product is out in the market and selling well.



Review your share holdings regularly. As long the fundamental reason for making the investment in the first place holds true then you may reasonably still hold the share.



Do keep an eye on the news not just the financial news. Some stories will have a more obvious impact than others. But keep in mind also that the stock market may already have taken the news into account by reacting to rumour ahead of confirmation and pricing shares accordingly.



Consider how news and events can affect the value of your shares - a profits warning will most likely send the share price lower but would a profits warning from a competitor do so Maybe - it could be a sign the sector as a whole is in trouble or it could be a sign that the company you have invested in is beating its competitors.



Other news items should also give you pause for thought. A change in interest rates will affect banking shares but may also have knock-on effects to house building retailers and travel businesses depending upon consumer reaction to the news.

105 Re: Technical Analytics & Charts (1) on Fri Jun 08, 2012 6:15 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Top Tip #7 Be aware beware of trends and tips

Past performance is not a guide to future performance or a trend is a trend until it isnt a trend and then its a new trend! You should treat trend analysis with caution. Be aware of trends but also beware of them.



Chartists use complex share price charts to attempt to discern the future movement of share prices from the shapes created by the charts. Theyll tell you that everything you need to know about where a share is going next can be found from the trend it has been following. A highly profitable niche industry produces a plethora of books and online and offline newsletters dedicated to Chartism.



The easiest trend to spot is where a share price moves in a certain range - never falling below a particular point and never rising above another. If the price moves out of this range either above or below it that is a good time to take a closer look at your investment and consider selling. Other trends are worth considering including seasonal consumer trends and technological change.



Trends are of course open to interpretation. So is news. As Humpty Dumpty put it in Through the Looking Glass "When I use a word it means just what I choose it to mean neither more nor less." Make sure you know the difference between fact and interpretation.



Also be wary of newspaper share tips. By the time you read them the news will already be in the share price although that doesnt mean you shouldnt follow up the idea with your own investigation.



Dont be over emotional about your shares - this is where we started and its also where we finish. If all the signs are pointing to the fact that you should sell but you still like the company dont forget you can always buy back into it later. Sell now and you could take a profit or cut a loss and buy back in at a lower price later.



If you like the company for all the right reasons the share price could well turn upwards again. Use your



Please remember that past performance is no guide to the future and that the value of shares and the level of income they provide can fall as well as rise.

106 Re: Technical Analytics & Charts (1) on Sat Jun 09, 2012 2:29 pm

K.Haputantri

avatar
Co-Admin
Thanks Traderathome for sharing a good article.

107 Re: Technical Analytics & Charts (1) on Sat Jun 09, 2012 3:56 pm

Redbulls

avatar
Director - Equity Analytics
Director - Equity Analytics

108 Re: Technical Analytics & Charts (1) on Sat Jun 09, 2012 6:01 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Yes you got the link right... Very Happy

109 Re: Technical Analytics & Charts (1) on Tue Jun 12, 2012 10:11 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@traderathome wrote:here is an update on my ASPI harmonic chart. The price action is some what bearish and drew the PRZ around 4040. I dont think it will go down below 4000 perhaps it could test. the next stage if this 4040 holds good see testing of 4500 to the upside, and continue till 6200 .... confirming the next leg down around this point (bearish 5-0 pattern)
[You must be registered and logged in to see this image.]

cheers
Something i missed to inform about its immediate support which is 4455...sorry guys.after all i am human too Shocked

110 Re: Technical Analytics & Charts (1) on Wed Jun 13, 2012 9:45 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Hellow traders, seeing some short rallies since last week. but be cautious this could be a short term lived bull run...greece will vote in another few days....although spain banks as they say will overcome through a bail-out. we are not yet out of danger.
I thought of to publish a chart on SLT that exactly shares my own sentiments for the coming days. Thats short term profit taking.I guess anyone could understand what iam trying to say....like a picture speaks thousand words Very Happy

[You must be registered and logged in to see this image.]

111 Re: Technical Analytics & Charts (1) on Wed Jun 13, 2012 10:11 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
The chart i am publishing now is at important fib level, with possible target within 12-18 months. worst case scenario it may go further down if economic conditions are not good enough in coming days with lots of selling pressure by sellers who wants to cut losses and avoid margin calls. Very Happy

whoever long on this one GL......
possible targets drawn for information only....

i am not responsible for your losses or profits....as i dont get paid for the free service. Trade with CARE and do your due diligence.

here is the chart BTW. enjoy keep your comments coming in....


[You must be registered and logged in to see this image.]

112 Re: Technical Analytics & Charts (1) on Fri Jun 15, 2012 11:56 am

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
i will update 2 charts for PLC and TJL....both in same patterns but need confirmation of one more leg up......to draw my HPP.... anyhow visit my thread in short while......from now.

113 Re: Technical Analytics & Charts (1) on Fri Jun 15, 2012 12:07 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
[quote="traderathome"]
@traderathome wrote:here is an update on my ASPI harmonic chart. The price action is some what bearish and drew the PRZ around 4040. I dont think it will go down below 4000 perhaps it could test. the next stage if this 4040 holds good see testing of 4500 to the upside, and continue till 6200 .... confirming the next leg down around this point (bearish 5-0 pattern)
[You must be registered and logged in to see this image.]

cheers
for most traders the 5000 level may seem as a iconic level to breach,the real strength of the bulls would be only confirmed if ASI go above 5500, where resistance may show up @ 5470. we dont want the speculators thrust to break all levels instantaneously, what we need is some good fundamentals locally and globally supportive of such move alongwith big local / foreign players taking a calculated effort on technicals on northbound to realise this objective.in this run up i would expect a short breather in an around 5200 levels before testing further high. the medium term targets of of 6170points lies at strategically important if its going to take the 7000levels there after.

GL Very Happy

114 Re: Technical Analytics & Charts (1) on Fri Jun 15, 2012 3:02 pm

K.Haputantri

avatar
Co-Admin
Thanks traderathome for sharing valuable charts.

115 Re: Technical Analytics & Charts (1) on Fri Jun 15, 2012 6:10 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
here is the updated asi chart with the reversal points. and possible targets for the long term....5500, 6200 7250 and 7800


[You must be registered and logged in to see this image.]

116 Re: Technical Analytics & Charts (1) on Fri Jun 15, 2012 6:29 pm

Antonym

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@traderathome wrote:here is the updated asi chart with the reversal points. and possible targets for the long term....5500, 6200 7250 and 7800
@traderathome: I know this chart is important because it provides possible long term targets. But some of us are 'technically challenged'... We would appreciate a brief commentary highlighting the key features of your chart and explaining how each of those targets has been derived. Thanks!

117 Re: Technical Analytics & Charts (1) on Sat Jun 16, 2012 11:46 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Antonym wrote:
@traderathome wrote:here is the updated asi chart with the reversal points. and possible targets for the long term....5500, 6200 7250 and 7800
@traderathome: I know this chart is important because it provides possible long term targets. But some of us are 'technically challenged'... We would appreciate a brief commentary highlighting the key features of your chart and explaining how each of those targets has been derived. Thanks!
I am very glad you asked that question. In any HPP (Harmonic Price Pattern) the peaks and low points act as Res or Supports.
the ASI chart depicted is now called as a BULLISH SHARK PATTERN, the last leg down in this case colored in BLUE and RED can extend below 1.618~2.24 FIB Levels.
The Bullish Shark Pattern can turnout to be a Bearish 5-0Pattern after moving up50% from last leg down. This is known as the correction leg.That is why i indicated 6250 to be precise will be the make or break for the BULLS although for me its the 50% retracement level. The shaded area indicates the entering of to the neutral zone (38.2%) which tested twice and failed. If this RES is broken, the momentum will carry up towards the first leg up which acted as a peak point and got corrected. which is confluencing around 7250 level. If left enough steam to break this 7250 we will surely see 7800 testing within 15-18months from now.

Hope this clears my target levels, please do let me know i will try and put some guide points to denote the peaks and the lows on the pattern for the noobs tryng to understand.

Sorry if i confused you more pale

Happy Trading/Investing
TAH pirat

118 Re: Technical Analytics & Charts (1) on Sun Jun 17, 2012 9:11 am

K.Haputantri

avatar
Co-Admin
Thanks traderathome for the excellant chart.

As I understand your analysis, the areas to watch is where two FIBs overlap with each other. In short, the market is likely to go up upto areas you have identified (where FIBs overlap) with some corrections in between. Please correct me if I am wrong.

119 Re: Technical Analytics & Charts (1) on Sun Jun 17, 2012 9:17 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@K.Haputantri wrote:Thanks traderathome for the excellant chart.

As I understand your analysis, the areas to watch is where two FIBs overlap with each other. In short, the market is likely to go up upto areas you have identified (where FIBs overlap) with some corrections in between. Please correct me if I am wrong.
no hapu....i have drawn 2 fibs, i will try an put it on fresh chart......so it should look easy to understand.

please note HPP is a simple yet effective strategy.....
regards
TAH

120 Re: Technical Analytics & Charts (1) on Sun Jun 17, 2012 9:23 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
[You must be registered and logged in to see this image.]

X, A & B are the levels to look, additionally BC leg retracement from C to B 50%FIB, which can have a correction leg to the lower....

hope its clear....now

TAH

121 Re: Technical Analytics & Charts (1) on Tue Jun 19, 2012 2:32 pm

market bull

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Thanks buddy....really valuable Very Happy

122 Re: Technical Analytics & Charts (1) on Wed Jun 20, 2012 6:53 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Sorry guys its taking time for me to upload chart of JKH.

Will do it this evening.....

Smiling...
TAH

123 Re: Technical Analytics & Charts (1) on Wed Jun 20, 2012 7:00 pm

opfdo

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@traderathome wrote:[You must be registered and logged in to see this image.]

X, A & B are the levels to look, additionally BC leg retracement from C to B 50%FIB, which can have a correction leg to the lower....

hope its clear....now

TAH

hi, can you pls explain it with simple words, because i do not understand what you are saying.
Thank you. Smile

124 Re: Technical Analytics & Charts (1) on Wed Jun 20, 2012 9:25 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Ok.. i will explain in most simplest.....longterm traders can continue to hold their shares till about 6200 ASPI level, and sell 1/3........ look for 2nd sell off around 7200 level 3rd around 7800 levels. try and load at these levels to maximise.....while selling the earlier lots you purchased.

hope you got it now....

Friendly
TAH
rabbit

125 Re: Technical Analytics & Charts (1) on Wed Jun 20, 2012 9:50 pm

Backstage

avatar
Moderator
@traderathome wrote:Ok.. i will explain in most simplest.....longterm traders can continue to hold their shares till about 6200 ASPI level, and sell 1/3........ look for 2nd sell off around 7200 level 3rd around 7800 levels. try and load at these levels to maximise.....while selling the earlier lots you purchased.

hope you got it now....

Friendly
TAH
rabbit


Thanks Friendly TAH for giving us a view, of an experienced techs vantage point.
Much appreciated.

Back to top  Message [Page 3 of 25]

Go to page : Previous  1, 2, 3, 4 ... 14 ... 25  Next

Permissions in this forum:
You cannot reply to topics in this forum