Harmonic Price Patterns

wmdcf wrote:

Seyon wrote:
Good counter, Valuation is strong, No debt, expecting minimum Rs.1.5 dividend in coming months.. Projects of Ranmudu Oya Mini Hydro Projects and Anantaya Resort and Spa have started their commercial operation which boost the profit in coming years.  

LGL is laugfs gas plc or laugfs holding company?

TAH wrote:Looks though LIOC has hit a snag ....... If the candle stays as it is, retailers may look a bit edgy to sell and we could see 39 opening up.

This is not so bad for those looking LIOC around 45+, mainly due to its nature that after such break out  always we see the PULLBACK towards the Trend line.

TAH

Here is the chart on LIOC and i will follow up an interesting chart on Sanasa if you all are interested.

TAH wrote:@1shot

ASIY currently trading 3.10 Results are better than Last year, however will they maintaing same .36c dividend.

Assuming they will give this same rate, ASIY price will appreciate towards 3.50-4Rs. Its counterpart CTBL has been paying .17c -.25c last 2 years.

We would have to wait and see how this year they will declare dividends.

once we know the pattern, people will collect it.

I am tipping ASIY to be a GEM in coming years if they continue to grow at a nice pace.

The ASIY is forming a base around 3.10 and we should see upward move from June-July prior to dividends announcement

Seyon wrote:

sashimaal wrote:LGL.N and x already moved up approx 10% within the last couple of months and may go further due to the relatively high dividend expectations, consistant growth, fundamental soundness and having the blessings of the Govt.  

Good counter, Valuation is strong, No debt, expecting minimum Rs.1.5 dividend in coming months.. Projects of Ranmudu Oya Mini Hydro Projects and Anantaya Resort and Spa have started their commercial operation which boost the profit in coming years.  

TAH wrote:I am posting the CITK chart.
Technically it is in the near zone of a break out to the higher or below.

Moving up i would see CITK to settle around 6.50 whilst downward we would see a SUPPORT around 4.8-5 Rs.

Entering now around 5.5-5.7 would be ideal.....

TAH wrote:Today our Harmonic Price Pattern reached 25xx Hits, in a span of 40days we have been able to achieve small feat   

sashimaal wrote:Great work TAH !

Technical Analysis is very useful and much appreciated  

TAH wrote:Today our Harmonic Price Pattern reached 25xx Hits, in a span of 40days we have been able to achieve small feat   

TAH wrote:updated LIOC with few remarks ......which i am trying to highlight.If you get the idea thats the main thing.

Hope this helps you ....


Good luck.

So dont be Panic if you are HOLDING LIOC since yesterday, as a trader have the stops around 38.5-39 or 37.8 to give enough room for the Trade to develop, and sell below 48-47 as at ....target