Some Charts worth looking at them. Price Gainers and Price losers/ Direction of All share index.

FLOWER2 wrote:These are the ones to watch in September. As long as they build boxes one top of another /have strong charts stay bullish.

JKH, SAMP, DFCC, NDB, HNB, COMB, SPEN, SEYB, UDPL,CTEA, ELPL,PALM, TSML, TPL, MPRH, BOPL, TAFL, MAL, TYRE, BFL,MASK, DIPD, PARQ, SHL, FLCH, SFIN RCL, DIPD HAPU, PMB, MBSL, PLC GRAN, BALA, LHCL. AEL, PLC, RWSL, STAF, LGL and MADU

Cheers.

FLOWER2 wrote:I am studying technical side of stocks in the following bubble chart and Direction of All share index. It is very interesting. Last six month has shown some strength. Time to  study technical strength for next six months.

http://Deleted/portal/LKCSE/bubbleChart.html

Price Gainers and Price losers- There are  top gainers and some losers.

https://nz.finance.yahoo.com/echarts?s=%5ECSE#symbol=%5ECSE;range=6m

OLOMBO IND ALL SHS (^CSE)-Colombo

Prev Close: 6,178.13
Open: 6,176.46

Day's Range: 6,167.81 - 6,191.96
52wk Range: 5,604.59 - 6,528.11

FLOWER2 wrote:Technically there are some supports for stocks listed below. Carefully should watch building their next boxes. Stocks go up from one box to another box.

CFIN, CHOT, BOPL, DFCC, JINS, GRAN, REXP, NDB, WATA, SUN, DOCK, SAMP and TAFL

Hope to update support for few more stocks.

FLOWER2 wrote:Watch for the price of a stock to form a box with a lower bound and an upper bound. When the boxes pile one on top of another the opportunity to buy occurs when the stock penetrates the uppermost part of the topmost box. For example JKH traded for considerable period in a box from Rs.190 to Rs200. When it penetrated the uppermost part that is Rs.200 it had a run. We are seeing this in some stocks now. Now both SAMP and CFIN should have a box from Rs.190 to 200. If they penetrate Rs.200 then look for more activities. Study and try to apply box method to stocks listed above. Those who have other technical ideas also can apply. Look for how boxes formed and going to form boxes for stocks as follows.

Added boxes for some more stocks.

TAFL= Rs. 35 to Rs.40 and Rs.40 to Rs.45
REXP=Rs.50 to Rs.59 and Rs.60 to Rs.65
TPL= Rs. 20 to 25 and Rs.25 to Rs.30
SUN=Rs.25 to Rs.30 and Rs.30 to Rs.35
WATA=Rs.8 to Rs.11 and Rs.11 to Rs.14
BOPL= Rs.8 to Rs.11 and Rs.11 to Rs.14
MPRH=Rs.15 to Rs.20 and Rs.20 to Rs.25
DFCC= Rs.140 to Rs.150 and Rs.150 to Rs.160
SAMP= Rs.180 to Rs.190 and Rs.190 to Rs.200.
CFIN= Rs.180 to Rs.190 and Rs.190 to Rs.200
NDB= Rs.180 to Rs.190 and Rs. 190 to Rs.200
RCL=Rs.80 to 90 and Rs.100 to Rs.110
LWL= Rs.70 to Rs.80
LHCL=RS.40 to Rs.45 and Rs.45 to Rs.50
AHUN=Rs.70 to Rs.80
SPEN=Rs.90 to Rs.100
BFL=Rs.120 to Rs.130 and Rs.130 to Rs.140
GRAN= RS.30 to Rs.35 and Rs.35 to Rs.40

Darvas box method followed a fundamental approach with a technical analysis approach when it came to actually buying the stock. Darvas talked about this idea of selecting only stocks that were in new and growing industries. Successful investors and traders have made use of this box method to trade stocks in a period of less than two years. As long as the boxes pile one on top of another continuously investors or traders will keep their stocks for a long time.

FLOWER2 wrote:

FLOWER2 wrote:I am studying technical side of stocks in the following bubble chart and Direction of All share index. It is very interesting. Last six month has shown some strength. Time to  study technical strength for next six months.

http://Deleted/portal/LKCSE/bubbleChart.html

Price Gainers and Price losers- There are  top gainers and some losers.

https://nz.finance.yahoo.com/echarts?s=%5ECSE#symbol=%5ECSE;range=6m

OLOMBO IND ALL SHS (^CSE)-Colombo

Prev Close: 6,178.13
Open: 6,176.46

Day's Range: 6,167.81 - 6,191.96
52wk Range: 5,604.59 - 6,528.11

CSE One year return 25%. What will be the direction of CSE during next eight months?  Is it right time to pick consumer staples, health care, hotels, less popular banks, less popular diversify, large, mid and small stocks?  

http://finance.yahoo.com/echarts?s=^CSE+Interactive

http://www.investing.com/indices/cse-all-share

Following Nicolas Darvas Criteria List  could apply to the CSE from now onwards.

1. Double from 52 week low
2. All time high
3. Infant sector
4. Current earnings growth or expected growth
5. Low capitalization
6. High volume surge
7. Box or range near recent high

During next eight months:

Rapid momentum might appear from stocks like TAFL, SPEN, LGL

Other strong candidates for rapid momentum; MPRH, AHUN, MADU,

Secondary candidates: BFL, GRAN, DIPD, HVA, SHL, RWSL, FLCH, MASK, PABC, MGT, HAYC, BOPL, ACAP, DPL, ELPL, ABAN, RWSL

Slow and steady run: JKH, COMB, HNB, COMB, SAMP, CARS, CFIN, LFIN, SEYB, NTB, SUN, RCL, CERA, TPL, UDPL, BALA, HOPL,AGAL,ARPI,WATA

As long as boxes are building one top of another enjoy the market trend and trend for above stocks. Cheers.

NC wrote:Thats true in Renko there's no any time axis or period.
As you know many stocks break out its accumulation, and ran. However, I've recently noticed AAF.N looks like accumulating...

FLOWER2 wrote:

NC wrote:Thats true in Renko there's no any time axis or period.
As you know many stocks break out its accumulation, and ran. However, I've recently noticed AAF.N looks like accumulating...

Cheers. Surprise to see there are stocks nobody is accumulating. Why?
Gran,SPEN, MPRH, LGL,PABC,CARS are in accumulation phase or just came out of that line?

NC wrote:

FLOWER2 wrote:

NC wrote:Thats true in Renko there's no any time axis or period.
As you know many stocks break out its accumulation, and ran. However, I've recently noticed AAF.N looks like accumulating...

Cheers. Surprise to see there are stocks nobody is accumulating. Why?
Gran,SPEN, MPRH, LGL,PABC,CARS are in accumulation phase or just came out of that line?

Since, market are fractals in nature, the accumulation is depend on the period we analyze such as , intraday, daily weekly , monthly, yearly..
I haven't much studied above, except Lgl and Gran..