stockboy wrote: green reach +6000 by Friday
Yes excpect a supereb friday ASPI hitting over 100 ...to reach 6000..
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stockboy wrote: green reach +6000 by Friday
Antonym wrote:Sure, we could cross the 52-Week High (6,040.86) in the near future. But after that, what?
Unless earnings figures for the Dec 2012 quarter are excellent, I don't see the ASI going much beyond 6,300. In my opinion, a fair trading range would be 5200 - 6300. Since we are at the upper portion of that range, I advise you to trade cautiously and buy shares only after due diligence.
Antonym wrote:Sure, we could cross the 52-Week High (6,040.86) in the near future. But after that, what?
Unless earnings figures for the Dec 2012 quarter are excellent, I don't see the ASI going much beyond 6,300. In my opinion, a fair trading range would be 5200 - 6300. Since we are at the upper portion of that range, I advise you to trade cautiously and buy shares only after due diligence.
It is justifiable for the ASI to trade at 7,500 (at a forward PE of 15.7) only if:sanju351 wrote:Antonym wrote:Sure, we could cross the 52-Week High (6,040.86) in the near future. But after that, what?
Unless earnings figures for the Dec 2012 quarter are excellent, I don't see the ASI going much beyond 6,300. In my opinion, a fair trading range would be 5200 - 6300. Since we are at the upper portion of that range, I advise you to trade cautiously and buy shares only after due diligence.
May be but my guess is around 6300 -6600 to be stabilized and if it breaks that may go up to 7200-7500
I hope so.sahan8896 wrote:Friday magic again.
Antonym wrote:I hope so.sahan8896 wrote:Friday magic again.
When the RSI is above 70, as it is now, it indicates that the market is strong and overbought. Ride the wave, but be aware that the trend will reverse at some point.
Last edited by mark on Sun Jan 20, 2013 5:25 pm; edited 1 time in total (Reason for editing : deleted probably and added 'May be')
tharindu1 wrote:What Will Happen Tomorrow?
Jana wrote:tharindu1 wrote:What Will Happen Tomorrow?
Trading ...
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