Technical Analytics & Charts (2)

Sstar · **651** Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 1:27 pm

Sstar

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Thank you and we are sorry for the inconvenience caused. We will always admire your great contribution to the forum.

SHARK aka TAH · **652** Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 1:35 pm

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My 2nd chart is also same with one difference where i have circled the 113% in BLACK.
Now look at the BULLISH huge candle that pierced through the 113% territory.
Actually i anticipated before it ASI will stall halfway before 113. But such price actions to see gives you extra confidence to the future.
Caution to exercise around 161% Mark as we approach extreme Reversal zone. This could be due to selling and locking in profits.

Chart to follow....

SHARK aka TAH · **653** Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 1:38 pm

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SHARK wrote:My 2nd chart is also same with one difference where i have circled the 113% in BLACK.
Now look at the BULLISH huge candle that pierced through the 113% territory.
Actually i anticipated before it ASI will stall halfway before 113. But such price actions to see gives you extra confidence to the future.
Caution to exercise around 161% Mark as we approach extreme Reversal zone. This could be due to selling and locking in profits.

Chart to follow....

Also there could be other factors as well.....apart from Market being in overbought conditions.

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NC · **654** Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 2:09 pm

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SHARK wrote:

SHARK wrote:My 2nd chart is also same with one difference where i have circled the 113% in BLACK.
Now look at the BULLISH huge candle that pierced through the 113% territory.
Actually i anticipated before it ASI will stall halfway before 113. But such price actions to see gives you extra confidence to the future.
Caution to exercise around 161% Mark as we approach extreme Reversal zone. This could be due to selling and locking in profits.

Chart to follow....

Also there could be other factors as well.....apart from Market being in overbought conditions.

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Looks like Shark looking for a Bat bearish..

SHARK aka TAH · **655** Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 2:14 pm

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Hi NC ... There is another member with same avatar. I guess it is propriter or someone like that ... not sure

are you guys brothers BTW Very Happy

Happy someone started following Harmonic Price Patterns

geshan.weerakkody · **656** Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 2:37 pm

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I have been following and asking for the CTC chart and still didn't get Sad

SHARK aka TAH · **657** Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 2:41 pm

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geshan.weerakkody wrote:I have been following and asking for the CTC chart and still didn't get

Very Sorry Geshan

I Wil do it for you... Very Happy

I dont know how i missed it.
I think i had an old chart on CTC i will update on that... so history would be there.

If Kabba is around he would have pulled up my charts.
He is genius in that, last time he did in no time on one of my charts LION Laughing

geshan.weerakkody · **658** Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 2:50 pm

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This is the previous one...

SHARK wrote:The CTC Chart as promised is attached for your Reference.
Please note This is not a BUY SELL or HOLD recommendation.

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CTC immediate RES stand at 1100Rs. Current phase of Pull back must complete around 1100Rs and the Slide to continue further if BUYERS are unable gather further momentum.

So No BUY for CTC, and members should avoid taking BUY Positions until we map clear BULLISH pattern/Price Actions.

So maintaining SELL until Rs 700/-

SHARK

NC · **659** Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 2:52 pm

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SHARK wrote:

Hi NC ... There is another member with same avatar. I guess it is propriter or someone like that ... not sure

are you guys brothers BTW

Happy someone started following Harmonic Price Patterns

Acutually, Im interested in Fibs and harmonic. But lots of work to do... heheh ( need a program for DFN for pattern identification)
I have studied harmonic, but it fails in very strong trend. (some of entries based harmonic gaves me bad results) But I havent applied it to CSE. However its good for target making... Very Happy

RoomGirl · **660** Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 2:55 pm

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SHARK wrote:
If Kabba is around he would have pulled up my charts.
He is genius in that, last time he did in no time on one of my charts LION

You are the one who make money for us. So anytime at your service sir. Very Happy

SHARK aka TAH · **661** Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 2:58 pm

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In Any strategy if we get 70% correct we should be doing fine provided our R:R is good.

Example lets say

CMP of LIOC 40Rs Our Stop Loss is 35 Target is 75 isnt that good.

This is if you are doing Trading

Another Example is RAL CMP 3.4 Stop Loss 3 Target 5 this is Good
Risk 40c Reward 1.60 4 Times the Risk

SHARK aka TAH · **662** Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 3:03 pm

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But Trading Is good But we should build a very solid PF for our selves .
I think this is the RIGHT time for all members.

The reason i am running another thread :I have 5 Million To Invest in CSE" was opened for the same cause.

So By The Time we are in to our retirement age, we would have built a strong side income apart from other benefits.

Thats the Idea

SHARK aka TAH · **663** Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 3:03 pm

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Thanks Kab

SHARK aka TAH · **664** Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 5:16 am

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Mr. Geshan,

This is the CTC Chart.
Its still on a bearish channel, I hope you can see it clearly the way i Have drawn the BLUE Lines.

If 1300 is broken which is the Upper Trend Channel might act as RES as it stands now.

I am Targeting 1600-1500 levels or shade around 2000.

Downside i have already indicated before, so i should not repeat that again if you had followed it from beginning.

Good Luck

I think you are HOLDING CTC Smile

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geshan.weerakkody · **665** Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 10:08 am

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Thank you Mr Shark for a very good analysis.

As i see, the trend started around Rs 800 and went to Rs 1300. It touched Rs 1400 with some quantities and then started coming down till Rs 990.

I don't see it going down much as it's very much owned by big funds and they don't want their fund value to go down.

Based on fibs,

161.8%----- 1,960.8
138.2%----- 1,819.2
100% ----- 1,590
61.8% ----- 1,360.8

SHARK aka TAH · **666** Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 11:20 am

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Well Geshan,

I look at it differently here.

Any Share has a Market Life Cycle Up Trend, Consolidation, Either Down Trend or Continue Up Trend or Continue Down Trend.......

http://www.investopedia.com/articles/trading/08/stock-cycle-trend-price.asp

Please go through the link, which i summarised and very relevant to our discussion. Very Happy

With regard to CTC Postioning Now and taking BUY side with limited Risk with a stop loss @950/- is Ok in my opinion My Target would 1500+ with Entry Being 1100Rs.

SHARK aka TAH · **667** Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 11:25 am

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The Longer this Takes on Horizontal (Ranging we call it) is good for the share uptrend as well as Down if break out do take place. Watch for it.

If you are a Technical Trader You will ONLY enter at Valid Break Out.
If you are bit aggressive Trader you will position Now with Stop Loss slightly below Lower Channel of the Bearish Trend Line.

Got the Idea Very Happy

So that way you dont miss a good entry levels while maximising the GAIN.

SHARK

SHARK aka TAH · **668** Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 11:28 am

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Further At the Moment we do not see clear Trend ... CTC trading FLAT on the trend .....

Take Position and Stay PUT Smile

We could see sudden upsurge on Good Volumes....

yellow knife · **669** Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 11:28 am

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shark what is current situation with TPL.. I can remember you predicted some values earlier regarding tpl

SHARK aka TAH · **670** Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 11:29 am

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yellow knife wrote:shark what is current situation with TPL.. I can remember you predicted some values earlier regarding tpl

SAME no changes dont sell it.

yellow knife · **671** Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 11:37 am

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ok

SHARK aka TAH · **672** Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 12:25 pm

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This is the Time we need to stick together Guys ... ASI progress is slow

yellow knife · **673** Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 12:30 pm

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ok.....lets stick together

SHARK aka TAH · **674** Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 3:31 pm

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Dear members

Had you looked at NEST as well how its holding.

I know NEST is trading at a premium multiple.

But considering regional our is well below our Neighbour.

This was indicated by Sash, and i too agree with him

There is technically more room to appreciate .....

Any guesses Guys Rolling Eyes

SHARK aka TAH · **675** Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 3:34 pm

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Nest seem to be a silent Mover also in a consolidation mood as i see as same as CTC.

These companies are worth having looking at it.

In 2011 or 2012 i said about CTC NEST & LLUB

& recent past of LION

It is reasonable to Target 1500+, 2500+ & LLUB 500 & LION 1000+

Now someone dont tell me i am having double standard

SHARK aka TAH · **676** Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 3:39 pm

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SHARK wrote:Nest seem to be a silent Mover also in a consolidation mood as i see as same as CTC.

These companies are worth having looking at it.

In 2011 or 2012 i said about CTC NEST & LLUB

& recent past of LION

It is reasonable to Target 1500+, 2500+ & LLUB 500 & LION 1000+

Now someone dont tell me i am having double standard

NEST consolidation is Much Better I guess than CTC Very Happy

Dont you think so .......

SHARK aka TAH · **677** Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 3:40 pm

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Fundamentally we can not give a valuation for such shares but for a technical trader this will give easy signals to Enter at strategic levels, also Longterm players can naturally re enter to enhance holdings .........

SHARK aka TAH · **678** Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 5:04 pm

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Here is Why You Should BUY NEST ...... Very Happy

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SHARK aka TAH · **679** Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 5:06 pm

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This taking the shape of a GARTLEY.

Definition of 'Gartley Pattern'

In technical analysis, it is a complex price pattern based on Fibonacci numbers/ratios. It is used to determine buy and sell signals by measuring price retracements of a stock's up and down movement in stock price.

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Gartley Pattern

http://www.investopedia.com/terms/g/gartley.asp

SHARK aka TAH · **680** Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 10:33 pm

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Nest Could Easily trade above 2400 .... Do You Agree.

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Technical Analytics & Charts (2)

651 Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 1:27 pm

Sstar

652 Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 1:35 pm

SHARK aka TAH

653 Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 1:38 pm

SHARK aka TAH

654 Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 2:09 pm

NC

655 Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 2:14 pm

SHARK aka TAH

656 Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 2:37 pm

geshan.weerakkody

657 Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 2:41 pm

SHARK aka TAH

658 Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 2:50 pm

geshan.weerakkody

659 Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 2:52 pm

NC

660 Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 2:55 pm

RoomGirl

661 Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 2:58 pm

SHARK aka TAH

662 Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 3:03 pm

SHARK aka TAH

663 Re: Technical Analytics & Charts (2) Mon Jul 21, 2014 3:03 pm

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664 Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 5:16 am

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665 Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 10:08 am

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666 Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 11:20 am

SHARK aka TAH

667 Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 11:25 am

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668 Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 11:28 am

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669 Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 11:28 am

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670 Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 11:29 am

SHARK aka TAH

671 Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 11:37 am

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672 Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 12:25 pm

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673 Re: Technical Analytics & Charts (2) Tue Jul 22, 2014 12:30 pm

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