Technical Analytics & Charts (1)

slstock wrote:Taderathome,I edited a word next to Malik as some might take it wrongly/sensitively if you know what I mean.

traderathome wrote:[img][You must be registered and logged in to see this image.][/img]

Here is a chart open for discussion. im still bullish bias technically, and we can not negate the thought that the current mkt price of the counter would not reach 155-165 which would confirm the price trending on a bearish channel.Also there is a chance of price bouncing off at same level around 155-165 this is the market to decide of course. the sentiments can play a vital role short term basis. please do not discount that the price is holding around the 180ish....so the support is still intact @180.

smallville wrote:

traderathome wrote:Here is the JKH confluence on 3 patterns;
Inversed H&S
Symetrical Triangle Continutation
5-0 Harmonic (now preciely drawn).......

This Not Promotional Material...only to assist anyone holding this counter with possible profit taking

Good ENTRY was 190Rs.
Target (Possible) 260+ min.

Good work BTW...

Well Hope I'm not disturbin, I was waiting till u draw the I-H&S cuz as I saw it at that time it has a distorted head (like the ASI H&S pattern which became tru after all)
After the low and hi fib levels, the correction seems happening which can drive the price.

Have you checked the Vol levels too?
Already Rs.22.4 /- up for past 11 days trading..

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The target of 260 was derived from the next correction phase I guess??

traderathome wrote:Here is the JKH confluence on 3 patterns;
Inversed H&S
Symetrical Triangle Continutation
5-0 Harmonic (now preciely drawn).......

This Not Promotional Material...only to assist anyone holding this counter with possible profit taking

Good ENTRY was 190Rs.
Target (Possible) 260+ min.




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traderathome wrote:here is a BULLISH Gartley chart on PARQ. See how lagging our conventional indicators compared to this method.The method is with an accuracy of 90% GUYS Lets see how good the current PRZ would stand. A price below 12 rs will invalidate the chart pattern, then we look for the other bullish PRZ hopefully to load some mo
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traderathome wrote:

traderathome wrote:Here is the JKH confluence on 3 patterns;
Inversed H&S
Symetrical Triangle Continutation
5-0 Harmonic (now preciely drawn).......

This Not Promotional Material...only to assist anyone holding this counter with possible profit taking

Good ENTRY was 190Rs.
Target (Possible) 260+ min.




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This original post was done on 21.06.2012...to read it for JKH holders.

K.Haputantri wrote:Thanks Traderathome.

Stefan wrote:Hi TAH
What do your charts tell you abt comb.x, PLC and CWM.

traderathome wrote:Here is my RICH currently 21DMA trading above 50 & 100 DMA.

Looks a beginning of nice trend............

Regards
TAH


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traderathome wrote:Did anyone noticing ASPI 50 and 100 MA...interesting one for those looking for the turnaround, how it detected the bearish trend last year june (2011).

Its immediate concern to break 5100 Res. meaning short term and to next level would be the crossover to 100 MA around 5200 as per current condition.[img][You must be registered and logged in to see this image.][/img]

for bearish to continue it would mean to slide further to 4500 levels which give a bulls to take another go at 5000.

So its all a waiting game until market bulls finds its rhythm, and march upwards. let the market decide its direction.

if the retail participation is active very sure market bullishness will prevail, if the govt takes a cautious approach not to hurt sentiments and to send the wrong signal, by removing heads of SEC.

best regards
TAH

traderathome wrote:here is the updated asi chart with the reversal points. and possible targets for the long term....5500, 6200 7250 and 7800


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traderathome wrote:

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

Happy Trading/Investing
TAH

traderathome wrote:

Stefan wrote:Hi TAH
What do your charts tell you abt comb.x, PLC and CWM.

Hi stef,
comb x is one which i am holding and this one for longterm and currently in the green zone.

PLC i disposed some weeks ago, recent results are not that impressive, but may be i will reconsider buying some in the future......
CWM was one i was eyeing some months ago, but havent had the time to put it on a chart....so when time permits i will come up with the chart pattern.

The consumables will be a longterm investment with percapita income in srilanka expected to grow and strong demand for this segment is of my view.
regards
TAH

traderathome wrote:I was able to study one more counter with limited time i had ...and already placed a BUY Order around 82.10.Not sure price would DIP from current levels around 93Rs.
But I am willing to take a chance...........

There is no guarantee let the market decide....
Do not consider this as a recomendation or stock advise.
Thanks
TAH

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chamith wrote:hey

Have you Amibroker uptodate database ?
could you upload ur amibroker database please,,,

thanks
chamith

kas wrote:

chamith wrote:hey

Have you Amibroker uptodate database ?
could you upload ur amibroker database please,,,

thanks
chamith

I m also looking for the same appreciate if someone could share it