Technical Analytics & Charts (2)

yellow knife · **501** Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 8:42 am

yellow knife

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I appreciate the technical charts of SHARK... regarding LIOC there are many facts we have to consider. LIOC is owned by Indian Oil and there is no room for a big player to grab the ownership. So its like PLC.N with People's Bank own 75%. Such firms will not see sudden ownership changes and will not result in unpredicted up prices... The only reason for share price to increase is sheer performance. LIOC is in good wicket as no other competitior will enter and the existing competitor is not fit enough. Ceylon Petroleum has to repaier their lines as per todays paper reveals on Audit Generals findings. this will leave LIOC a good time ahead. Yet the vulnerability of Iraq sittuation will make retailers keep a side line from LIOC.

SHARK aka TAH · **502** Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 9:02 am

SHARK aka TAH

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LIOC pattern formation which is in progress is what is disturbing me to avoid entering this time. The Top Head & Shoulder is strong reversal pattern on uptrend.It may occur or It may not.We need the pending Right shoulder to form.This is possible to for NOW above support line (Neck line) or in parallel to the Left Shoulder or further below support line (Neckline) This Blue line I have not drawn. Even after it is not guaranteed the Target towards 28/- will materialize as the price action depends on market forces.
So all what I am saying this is not the right time for an entry on Technical Side.
If you are planning to BUY it should be around 28/- or wait till it crosses last 52week HIGH or else for another pattern to supersede the H&S pattern.
Recognize the pattern early and Act swiftly.
So you will maximize profit.
Fundamentally your reasons could be very valid. But GOSL can not be trusted for its actions unlike foreign countries. They will bring in more players, to dilute the market. LLUB is already complaining in similar lines.
So best would be to wait for the precise moment to Grab LIOC shares that would be below Rs30/- as of now.

Good luck

SHARK aka TAH · **503** Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 9:37 am

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JKH opening indicating 2 Chart patterns namely Symmetrical & Descending Triangles is not a good sign for the counter.

ST already Break-out Confirmed
DT taking further shape downward, could have a BO around the Support Line. (Based on Weekly & Daily Candle Charts) showing a more bearish Target towards 150

SHARK aka TAH · **504** Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 9:45 am

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I will publish the CLPLN chart.
The Longterm upper Trend channel is showing a RES price level of Rs 78/-
If this can be broken with huge VOLUME surge then the break-out is confirmed and hopefully it would stay above.
The RSI is peaking towards 70 that's a bit of concern to me.
Because once the DOWN arrow appears in history of CLPLN trading the price has fallen all the time.
So be careful with CLPL has not broken 78Rs RES level.

SHARK aka TAH · **505** Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 9:52 am

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The chart on CLPLN was done hurriedly.
Any comments are most welcome, and please point out if you see something which I have not.

So can this pass 115 strike price, I am not yet confirming it though.

So if you all playing with warrants be cautious.

Thanks

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SHARK aka TAH · **506** Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:01 am

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ASIY has announced 20c INTERIM DIVIDEND

WoW way to go ASIY

SHARK aka TAH · **507** Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:02 am

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DIVIDEND ANNOUNCEMENT
24 June 2014

Date of Announcement: - 24.June.2014
Dividend per Share: - Rs. 0.20 per share / Interim Dividend
Financial Year: - 2013/2014
XD: - 03.Jul.2014
Payment: - 14.Jul.2014
Share Transfer Book Open

SHARK aka TAH · **508** Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:04 am

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This is better than CTBL deal and ASIY has announced it earlier than CTBL this time. That's the way so when the final dividend is announce we could see similar amount or tad better.

Its too early though to comment, but I am happy for many rallied around ASIY.

It has not disappointed us.

Good Luck
Shark

rdk2874 · **509** Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:10 am

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SHARK wrote:This is better than CTBL deal and ASIY has announced it earlier than CTBL this time. That's the way so when the final dividend is announce we could see similar amount or tad better.

Its too early though to comment, but I am happy for many rallied around ASIY.

It has not disappointed us.

Good Luck
Shark

you are right shark. when the final dividend is announced lets see what happens.

Meman · **510** Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:12 am

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So whats like the target price for this in like 3 months? Do broker huts promote this share? I have not seen research reports.

SHARK aka TAH · **511** Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:25 am

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I am more certain, remember JINS when it was last year or 2012 not sure about the year declared an INTERIM, I get the same feeling here as well.

There are many companies Rs 10/- a share giving meager 10c or 20c. & some they even do not pay Dividends at all.

ASIY dividend policy is far better than in the SECTOR which it is in. payout of 50% of its earnings or will it be 100%
May ASIY grow and grow over coming years.

CTBL has to give above ASIY if its the industry leader.... That's a challenge and that's why I always say ASIY in time to come and if retailers identify the price GAP between CTBL & ASIY it must correct it self and it will very soon.

Dividend yield of almost 5% is way too good for a future gem.

Can they give 10% or close to that Smile

Just being greedy.

Good luck guys ... Don't Sell ASIY its has more room to go up......

yellow knife · **512** Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:26 am

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I was about to comment on ASIY dividend. Yes this firm has not let as wait much and there will be a good demand for the share making its price reach a new up plateau...

Meman · **513** Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:30 am

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Trading back at 3.50 hmmm. Some are selling short sighted buggers.

SHARK aka TAH · **514** Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:33 am

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Meman wrote:So whats like the target price for this in like 3 months? Do broker huts promote this share? I have not seen research reports.

I am not sure 3 months, 6 months or 12 months. or even 1 month from now.
But I have published a chart on ASIY yesterday.

The share has now formed the based and its taken shape of a Cup almost.

Should see a retracement of a 38.2% on Fib. and move up gradually passing the 2 HIGHS towards 4.90 at lease in the longer run.

In much longer run assuming all variables stay as it is, we are basically looking it to pass current CTBL price per share, this is of course if CTBL cant/unable/don't want to match ASIY div payout %.

This is my personal opinion, and not a promotion. Its your decision and Invest wisely.

Good luck

rdk2874 · **515** Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:39 am

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SHARK wrote:

Meman wrote:So whats like the target price for this in like 3 months? Do broker huts promote this share? I have not seen research reports.

I am not sure 3 months, 6 months or 12 months. or even 1 month from now.
But I have published a chart on ASIY yesterday.

The share has now formed the based and its taken shape of a Cup almost.

Should see a retracement of a 38.2% on Fib. and move up gradually passing the 2 HIGHS towards 4.90 at lease in the longer run.

In much longer run assuming all variables stay as it is, we are basically looking it to pass current CTBL price per share, this is of course if CTBL cant/unable/don't want to match ASIY div payout %.

This is my personal opinion, and not a promotion. Its your decision and Invest wisely.

Good luck

shark in the short term say 1 to 3 months do you see this trading above 4?

SHARK aka TAH · **516** Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:47 am

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Could be people who bought at much lower say 3.00-3.10 locking in profit.
Once this is over we could see 3.70-3.80 buyers.

ASIY announcement was a unexpected for me, thought they might give oneshot. However being an interim announcement coming earlier than CTBL gives me impression the bigger chunk on its way in September.

Actually if you had read back in April I was expecting ASIY to give an interim in April for Sinhala Tamil NY period. But they have preferred now and I think they should adjust this to be in April starting next year Smile

The idea of Interim and Final (2 dividends payouts) are good if they materialize.

I am sure ASIY will not disappoint when they say INTERIM.

SHARK aka TAH · **517** Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:52 am

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Meman wrote:Trading back at 3.50 hmmm. Some are selling short sighted buggers.

Or they thought the 20c div is already in the Banks and so they can sell Smile

just joking

SHARK aka TAH · **518** Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:54 am

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What you think CLPL.

I am saying nothing at all until it can prove me it will break successfully 78 or 80 for any uptrend confirmation.....

Please share your thoughts and they are most welcome

yellow knife · **519** Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 11:48 am

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CLPL is the only share i buy out of GREG family. It pays dividends.. At least we see a physical product than Platinum coated dreams. Many school children purchase this proudct and DI is a respected brand.

Shark my problem is why do you wait for 78 to break. If you wait you will loose more chances of obtaining profit or capital appreciation. Technically I may see that 78 will be hard to break. But why do you wait to buy until it reach above 78.. If so you are loosing a possible Rs 6 in capital appreciation. If it does not break 78 still you have purchased at a good price.

stevenapple · **520** Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 2:29 pm

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"CLPL is the only share i buy out of GREG family. At least we see a physical product than Platinum coated dreams. Many school children purchase this proudct and DI is a respected brand "
Valid point.

SHARK aka TAH · **521** Re: Technical Analytics & Charts (2) Fri Jun 27, 2014 12:34 pm

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Hello Members,

I am re-iterating my BEARISH BIASE on JKH.N0000.

The Pattern is very solid and always the BEARISH pattern in most of the time.

I have simply put 2 targets for BUYING to accumulate JKH.

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Enjoy

Shark

SHARK aka TAH · **522** Re: Technical Analytics & Charts (2) Fri Jun 27, 2014 12:58 pm

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Is History Repeating it self for RAL.N0000 ?

Here is the chart based on Weekly Closing Basis.

Solid Support Around 3.30

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Meman · **523** RAL At LOW Fri Jun 27, 2014 1:18 pm

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SHARK wrote:Is History Repeating it self for RAL.N0000 ?

Here is the chart based on Weekly Closing Basis.

Solid Support Around 3.30

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I bought this beginning of month but at 3.40. You are positive on this ?

geshan.weerakkody · **524** Re: Technical Analytics & Charts (2) Fri Jun 27, 2014 1:54 pm

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Shark - what is your view on Lanka Walltiles?

SHARK aka TAH · **525** Re: Technical Analytics & Charts (2) Fri Jun 27, 2014 2:56 pm

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Yes meman ....Support is not broken around Rs3/- as in 2010 Smile

so I see on a technical BUY side.
Hold & Accumalate around 3-3.40

For me 3.40 means a premium of 10c but if you could get in around 3.3 that would be a median price to pay.

Not more Not less sort of a price.

Shark

SHARK aka TAH · **526** Re: Technical Analytics & Charts (2) Fri Jun 27, 2014 3:02 pm

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I have a short term view on potential reversal price reference.
That would be 215-210.
Anyone would like take a position should do so with SL around 200-195. Target Price would be Rs 230-227 which is touching the upper trend resistant line for another reversal.
The position trading is another strategy which could work with JKH.
I think this is the right timing for such play

stevenapple · **527** Re: Technical Analytics & Charts (2) Fri Jun 27, 2014 3:39 pm

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SHARK wrote:I have a short term view on potential reversal price reference.
That would be 215-210.
Anyone would like take a position should do so with SL around 200-195. Target Price would be Rs 230-227 which is touching the upper trend resistant line for another reversal.
The position trading is another strategy which could work with JKH.
I think this is the right timing for such play

Thanks for ur efforts Shark.BTW my feeling is that that there's something going on apart from the Technicals.Its very interesting that trend maker goes totally opposite way. Even CEO sold some and forieghners buying.

SHARK aka TAH · **528** Re: Technical Analytics & Charts (2) Fri Jun 27, 2014 3:43 pm

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Once the foreigners know this is heading south they will be interested to collect much further low.

so patience is the key.

there is something interesting SStar mentioned in another thread Smile

dhanurrox · **529** Re: Technical Analytics & Charts (2) Fri Jun 27, 2014 3:49 pm

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dhanurrox wrote:

SHARK wrote:Rs850/-would be my reversal PRICE for CTC.N any guesses

Again wrong.If it falls below 1000,time to time all the orders up to 1000 will be cleared.850 is a dream.

SHARK today 1050.50 rupee effect is too much for index.

SHARK aka TAH · **530** Re: Technical Analytics & Charts (2) Fri Jun 27, 2014 3:54 pm

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Don't think the pressure is over, the short term BUYING on pull back effect is taking......

So SELL SELL SELL .....
Shark

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Technical Analytics & Charts (2)

501 Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 8:42 am

yellow knife

502 Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 9:02 am

SHARK aka TAH

503 Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 9:37 am

SHARK aka TAH

504 Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 9:45 am

SHARK aka TAH

505 Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 9:52 am

SHARK aka TAH

506 Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:01 am

SHARK aka TAH

507 Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:02 am

SHARK aka TAH

508 Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:04 am

SHARK aka TAH

509 Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:10 am

rdk2874

510 Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:12 am

Meman

511 Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:25 am

SHARK aka TAH

512 Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:26 am

yellow knife

513 Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:30 am

Meman

514 Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:33 am

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515 Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:39 am

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516 Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:47 am

SHARK aka TAH

517 Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:52 am

SHARK aka TAH

518 Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 10:54 am

SHARK aka TAH

519 Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 11:48 am

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520 Re: Technical Analytics & Charts (2) Tue Jun 24, 2014 2:29 pm

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521 Re: Technical Analytics & Charts (2) Fri Jun 27, 2014 12:34 pm

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522 Re: Technical Analytics & Charts (2) Fri Jun 27, 2014 12:58 pm

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523 RAL At LOW Fri Jun 27, 2014 1:18 pm

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