Technical Analytics & Charts (2)

Fresher · **151** Re: Technical Analytics & Charts (2) Sat Aug 31, 2013 10:27 pm

Fresher

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there will be noise with controversies.

and yes, we see more participation when the market is moving up. But surely many are watching.

Redbulls · **152** Re: Technical Analytics & Charts (2) Sun Sep 01, 2013 4:56 am

Redbulls

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traderathome wrote:The FORUM too has lost its liquidity lately :)what a correlation with CSEs ASPI.

TAH

True, seems to be new member registered in Aug less than 100.

traderathome wrote:
We had many controversial characters, they all seem to have gone UNDERGROUND

TAH

Most of the promotors were unmasked in the past also one reason. Special thanks to Slstock's post (http://forum.srilankaequity.com/t29438-forum-promoters-demoters-and-how-to-identify-them?highlight=promoters) and our senior members commitments.

nihal123 · **153** Re: Harmonic Price Pattern Trading Sun Sep 01, 2013 11:21 am

nihal123

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traderathome wrote:The FORUM too has lost its liquidity lately :)what a correlation with CSEs ASPI.
I am not seeing many posts like before looking ..........back since i started..... why is that ?
We had many controversial characters, they all seem to have gone UNDERGROUND

TAH

Truth, promotors are infront. Good characters are back.
Sad

traderathome · **154** Re: Technical Analytics & Charts (2) Mon Sep 02, 2013 9:52 am

traderathome

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Here is the Chart on DIST.N

Disclosure:I own DIST @ 187/-

Possible short term price movements 180-200 LKR

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

Good Luck
TAH

wave trader · **155** DIST ANALYSIS Mon Sep 02, 2013 3:49 pm

wave trader

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IF WE BREAK ABOVE 195 ON CLOSING BASIS, CAN EXPECT DIST TO HIT 207/208 BASUED ON INVERTED HEAD & SHOULERS FORMATION

IF WE SEE CLOSE BELOW 184 DIST CAN FALL TO 172/170 BASED ON XA = BC (ZIG ZAG)

traderathome wrote:Here is the Chart on DIST.N

Disclosure:I own DIST @ 187/-

Possible short term price movements 180-200 LKR

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

Good Luck
TAH

traderathome · **156** Re: Technical Analytics & Charts (2) Mon Sep 02, 2013 9:16 pm

traderathome

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Wave Trader
Inverse H&S comes at the end of a down trend as a trend reversal pattern.
With DIST i dont see any recent down trend, but an up trend.

Your target price is very small Smile

imo....

TAH

Any way i am on accumulation...

wellappili · **157** Re: Technical Analytics & Charts (2) Mon Sep 02, 2013 9:22 pm

wellappili

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TAH comments on ASIY.?

traderathome · **158** Re: Technical Analytics & Charts (2) Tue Sep 03, 2013 1:43 am

traderathome

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CFVF - RES 20.00

Sell CMP to 14Rs (50% correction expected)

With XD date 3/9/2013
There will be selling pressure from tomorrow and even may come down to 16Rs. (2Rs Dividends prior to announcement)

TAH

balapas · **159** Re: Technical Analytics & Charts (2) Tue Sep 03, 2013 7:43 am

balapas

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traderathome wrote:CFVF - RES 20.00

Sell CMP to 14Rs (50% correction expected)

With XD date 3/9/2013
There will be selling pressure from tomorrow and even may come down to 16Rs. (2Rs Dividends prior to announcement)

TAH

It may come down to Rs16 if tomorrows T-bill rates show an upward movement. Even if its not if today and tomorrow are Red days very well possible. I did not rush to sell the shares before XD date since price was not right.

I had my eye on DIST when it was coming down from Rs200. I remember you quoting that you don't invest in companies like DIST since it deals with liquor? Anyways DIST has a problem since in some regions, regional players dominate and some politicos have bought one or two of these liquor companies and expanding. This was told to me by a top guy at one of main DIST competitors. So their lower end products have to compete with Kassippu and politics.

traderathome · **160** Re: Technical Analytics & Charts (2) Tue Sep 03, 2013 8:49 am

traderathome

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@Balapas

S&PSL20 should HOLD after yesterdays DROP.
May HOLD 3210 ...should it not HOLD then we are looking @ 3150.

I am more biased S&P should see upward momentum from NOW.

TAH

balapas · **161** Re: Technical Analytics & Charts (2) Tue Sep 03, 2013 3:52 pm

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traderathome wrote:Look at NDB longing to be in familiar territory back again.....

If the H&S pattern to come true...then we are looking @ Good BUY opportunities on Both...so Have ready cash when opportunities come your way....
Did not look at HNB....still...

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

Did you get a chance to look at HNB chart? Very weak buying past few days.

traderathome · **162** Re: Technical Analytics & Charts (2) Wed Sep 04, 2013 8:23 am

traderathome

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The HNBN seem to trend on a channel and my projection is that price may hit 140/138 levels before another BUYING spree.

Its trading in a rectangle, as you know it may break out to further low or reverse. better to have tight stop loss if you plan to trade...
TAH

traderathome · **163** Re: Technical Analytics & Charts (2) Wed Sep 04, 2013 8:45 am

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traderathome wrote:@Balapas

S&PSL20 should HOLD after yesterdays DROP.
May HOLD 3210 ...should it not HOLD then we are looking @ 3150.

I am more biased S&P should see upward momentum from NOW.

TAH

This week should give further insight towards market direction based on S&P.

Can S&P form a double bottom and reverse around 3200 levels or will it shed more points on selling pressure and drop in prices towards 113 fib,

Here is the chart....

[You must be registered and logged in to see this image.]
Ravin A.k.a TAH

balapas · **164** Re: Technical Analytics & Charts (2) Wed Sep 04, 2013 8:56 am

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Thanks. Excellent work!

traderathome · **165** Re: Technical Analytics & Charts (2) Mon Sep 09, 2013 1:11 am

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Here is the JKH.N updated Chart....
[img][You must be registered and logged in to see this image.][/img]

traderathome · **166** Re: Technical Analytics & Charts (2) Tue Sep 10, 2013 10:05 am

traderathome

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I am loving my LION shares.......Avg Cost 370 Smile

BTW seeing a volume of 65000+ ....

I liked the share after reading there AR last year...

Please share your unbiased thought on LION.N

Once a LION always a LION.... Smile

Graawllll
TAH

balapas · **167** Re: Technical Analytics & Charts (2) Tue Sep 10, 2013 10:15 am

balapas

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traderathome wrote:I am loving my LION shares.......Avg Cost 370

BTW seeing a volume of 65000+ ....

I liked the share after reading there AR last year...

Please share your unbiased thought on LION.N

Once a LION always a LION....

Graawllll
TAH

However current price of Rs 410 was achieved through 4 shares only. Most shares were traded around Rs360. Then small odd lot trading taking price upwards.

traderathome · **168** Re: Technical Analytics & Charts (2) Tue Sep 10, 2013 10:26 am

traderathome

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balapas wrote:

traderathome wrote:I am loving my LION shares.......Avg Cost 370

BTW seeing a volume of 65000+ ....

I liked the share after reading there AR last year...

Please share your unbiased thought on LION.N

Once a LION always a LION....

Graawllll
TAH

However current price of Rs 410 was achieved through 4 shares only. Most shares were traded around Rs360. Then small odd lot trading taking price upwards.

Yes i saw the day trades on CSE....my question is perhaps it has come to 400 levels after so many trades @ 360.....

This one is ready to go to 500s in the coming months ......Remember the LLUBs/NESTs & CTCs....

In bear market or in bull market we can make money if you know where to invest......

I have come to a conclusion based on their AR for last year....their bottom line will improve after this year.....after modernization of their plants if i remember correctly.

i am giving this share 1 to 2 years to grow my PF

wish i can collect some more @ 360-350 Sad

Good luck

balapas · **169** Re: Technical Analytics & Charts (2) Tue Sep 10, 2013 10:32 am

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Agreed on those points. Harry J himself mentioned that due to urbanization some people are moving from hard liquor to soft liquor. So can imagine some daily drinkers sipping beer instead of Gal everyday. LION does not have consistency in taste and hope they fix it with plant modernization. Lot of my friends complained about it (unless there is mass scale counterfeit beer but highly unlikely given the price)

traderathome · **170** Re: Technical Analytics & Charts (2) Tue Sep 10, 2013 11:02 am

traderathome

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Even DIST should do a good run Technically on a 3 Drive..But trade carefully. 170-180 are Best Buys. with a risk to 160ish.

Smiling TAH

traderathome · **171** Re: Technical Analytics & Charts (2) Wed Sep 11, 2013 9:50 am

traderathome

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This is what i see on the LION.N Chart.....

A Price appreciation 04 about 38/40% from CMP to close @500+.

A gradual collection since Rs 250 towards 400 upto yesterday.

An interesting RSI chart that depicts there is a collection strength over the months and added MACD divergence.

I must however say i am not a keen enthusiast of MACD & RSIs,however given the limited application of these indicators in my trading routines...there is a strong feeling the LION run has started...

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

TAH

The Alchemist · **172** Re: Technical Analytics & Charts (2) Wed Sep 11, 2013 12:59 pm

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traderathome wrote:This is what i see on the LION.N Chart.....

A Price appreciation 04 about 38/40% from CMP to close @500+.

A gradual collection since Rs 250 towards 400 upto yesterday.

An interesting RSI chart that depicts there is a collection strength over the months and added MACD divergence.

I must however say i am not a keen enthusiast of MACD & RSIs,however given the limited application of these indicators in my trading routines...there is a strong feeling the LION run has started...

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

Good Luck

TAH

Why dont you buy BREW instead (at Rs 475 there are sellers) ?! Smile

If you like LION, you gotta love BREW at trading prices.
Just a friendly tip from Billie Jean Wink

traderathome · **173** Re: Technical Analytics & Charts (2) Thu Sep 12, 2013 12:19 pm

traderathome

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REPOSTING

TAH[/quote]This week should give further insight towards market direction based on S&P.

Can S&P form a double bottom and reverse around 3200 levels or will it shed more points on selling pressure and drop in prices towards 113 fib,

Here is the chart....

[You must be registered and logged in to see this image.]
Ravin A.k.a TAH[/quote]

traderathome · **174** Re: Technical Analytics & Charts (2) Thu Sep 12, 2013 9:01 pm

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@Slstock,

Sir are you on CTBL @3.20 Smile

IMO there is more ROOM....

Seemed a Good Reversal know ....

TAH

traderathome · **175** Re: Technical Analytics & Charts (2) Thu Sep 12, 2013 11:08 pm

traderathome

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dilshan unawatuna wrote:TAH,,,,,,,whts ur idea on CTBL ?????its going down day by day...

This original post by the member was made on June 17th this year.
I vaguely do remember that we discussed @ which price level the reversal point would occur, correct me if i am wrong we suggested it would be 3.5 -3.2 and Slstock can vouch me, he did say if we were able to collect CTBL below 3.5 would be a GEM.

So those who collected below 3.5 are surely lucky now know Smile

CTBL trading 3.8 currently....

Since we are discussing CTBL here, how much you are willing to BUY ASIY that gave a 38c dividend pay out for NAV 2 and CMP of 2.7 whereas CTBL NAV is 50% of CMP.

Time would prove, whether the payout was a once in a lifetime...but to me ASIY seemed to have some more ROOM left

Which 1 you prefer.

BUY CTBL @3.8 or
BUY ASIY @2.8

Over to you members.....

TAH

Please note : I am holding both counters currently in my PF.

traderathome · **176** Re: Technical Analytics & Charts (2) Thu Sep 12, 2013 11:56 pm

traderathome

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traderathome wrote:REPOSTING

TAH

This week should give further insight towards market direction based on S&P.

Can S&P form a double bottom and reverse around 3200 levels or will it shed more points on selling pressure and drop in prices towards 113 fib,

Here is the chart....

[You must be registered and logged in to see this image.]
Ravin A.k.a TAH[/quote][/quote]
Further update on S&PSL 20 my favorite INDEX....

There are 3 possible scenarios for the BULLS assuming the UPTREND continues we should see few more points Up, then we should see the initial profit take that could bring the INDEX down.

Medium to Longterm the TREND should form few Harmonic patterns in the run up to Longterm possible reversal zone.

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

TAH

traderathome · **177** Re: Technical Analytics & Charts (2) Fri Sep 13, 2013 5:52 pm

traderathome

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Hey guys ...Did you notice extra cash margin on your account.....as of close..

TAH

dhanurrox · **178** Re: Technical Analytics & Charts (2) Fri Sep 13, 2013 9:14 pm

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traderathome wrote:Hey guys ...Did you notice extra cash margin on your account.....as of close..

TAH

What you mean?Anyway nice to see the new profile picture.Trader..More the time I spent in CSE more I feel trading is the best.Comparing last for year prices less than 10 shares would have been good investment.All others are loosers.
CTC,NEST,LLUB... what else?

traderathome · **179** Re: Technical Analytics & Charts (2) Fri Sep 13, 2013 11:53 pm

traderathome

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CT has given more Margin to BUY shares Smile

I am not going to touch the Margin, Its very dangerous know.

So we should see more BUYING on Margin Balance

traderathome · **180** Re: Technical Analytics & Charts (2) Sat Sep 14, 2013 10:04 am

traderathome

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The Alchemist wrote:

traderathome wrote:This is what i see on the LION.N Chart.....

A Price appreciation 04 about 38/40% from CMP to close @500+.

A gradual collection since Rs 250 towards 400 upto yesterday.

An interesting RSI chart that depicts there is a collection strength over the months and added MACD divergence.

I must however say i am not a keen enthusiast of MACD & RSIs,however given the limited application of these indicators in my trading routines...there is a strong feeling the LION run has started...

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

Good Luck

TAH

Why dont you buy BREW instead (at Rs 475 there are sellers) ?!
If you like LION, you gotta love BREW at trading prices.
Just a friendly tip from Billie Jean

Sorry for replying late Sad

I bought LION & DIST ...thats more than enough Smile

If LION & DIST can increase the Dividend P/O %......in the future...then we will be looking new levels know.

Lets wait and see, now that we are in the GAME.

TAH

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Technical Analytics & Charts (2)

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