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Harmonic Price Patterns
SHARK a.k.a TAH- Top contributor
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- Post n°201
Re: Harmonic Price Patterns
SHARK a.k.a TAH- Top contributor
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- Post n°202
Re: Harmonic Price Patterns
MACD & RSI are pointing down, Looking for 29-27 before a reversal.
SHARK a.k.a TAH- Top contributor
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- Post n°203
Re: Harmonic Price Patterns
Jana1- Top contributor
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- Post n°204
Re: Harmonic Price Patterns
MACD & RSI are pointing down, Looking for 29-27 before a reversal.
Thanks TAH. I was just keeping in my mind it will come down.. Just hypothetically expected ur price...It seems technical sumtimes work. I remeber ur claim about LIOC to move up 43...
SHARK a.k.a TAH- Top contributor
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- Post n°205
Re: Harmonic Price Patterns
First Guy- Posts : 2599
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- Post n°206
Re: Harmonic Price Patterns
SHARK a.k.a TAH- Top contributor
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- Post n°207
Re: Harmonic Price Patterns
We could see a support around 5.10 if panic sets in, however the RSI BUY is still ON
I am giving 14 days for CITK to spring a surprise as per my calculations ....
Patience is the key to success.....
GL
I will come up with some other charts for different counters in coming days...
Happy Trading
SHARK a.k.a TAH- Top contributor
- Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE
- Post n°208
Re: Harmonic Price Patterns
It will be revealed in 1st week of may provided some thing to the positive or negative takes place.
oneshot- Posts : 5
Join date : 2014-02-28
- Post n°209
CITK
TAH wrote:MACD turned and gave a SELL signal yesterday.
We could see a support around 5.10 if panic sets in, however the RSI BUY is still ON
I am giving 14 days for CITK to spring a surprise as per my calculations ....
Patience is the key to success.....
GL
I will come up with some other charts for different counters in coming days...
Happy Trading
Hello
TAH
Do you think this would come up to at least net asset value. I v been holding for 2 years now
I have 50000 @8.
SHARK a.k.a TAH- Top contributor
- Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE
- Post n°210
Re: Harmonic Price Patterns
I would recommend a BUY and average it close to Market Price.oneshot wrote:TAH wrote:MACD turned and gave a SELL signal yesterday.
We could see a support around 5.10 if panic sets in, however the RSI BUY is still ON
I am giving 14 days for CITK to spring a surprise as per my calculations ....
Patience is the key to success.....
GL
I will come up with some other charts for different counters in coming days...
Happy Trading
Hello
TAH
Do you think this would come up to at least net asset value. I v been holding for 2 years now
I have 50000 @8.
sashimaal- Top contributor
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- Post n°211
Re: Harmonic Price Patterns
serene- Top contributor
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- Post n°212
Re: Harmonic Price Patterns
SHARK a.k.a TAH- Top contributor
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- Post n°213
Re: Harmonic Price Patterns
SHARK a.k.a TAH- Top contributor
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- Post n°214
Re: Harmonic Price Patterns
dhanurrox- Posts : 791
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- Post n°215
Re: Harmonic Price Patterns
You are absolutely wrong.TAH wrote:JKH may briefly touch 225 this can have some upside once this correction is over.....
SHARK a.k.a TAH- Top contributor
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- Post n°216
Re: Harmonic Price Patterns
sashimaal- Top contributor
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- Post n°217
Re: Harmonic Price Patterns
SHARK a.k.a TAH- Top contributor
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- Post n°218
Re: Harmonic Price Patterns
sashimaal- Top contributor
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- Post n°219
Re: Harmonic Price Patterns
It has corrected to Rs 1050 from earlier high of Rs 1400 - which is 100% retracement.
So what is the upward level?
TAH wrote:CTC.N will go up 1100-1000 holding so far good. but slight risk is there ....
SHARK a.k.a TAH- Top contributor
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- Post n°220
Re: Harmonic Price Patterns
SHARK a.k.a TAH- Top contributor
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- Post n°221
Re: Harmonic Price Patterns
SHARK a.k.a TAH- Top contributor
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- Post n°222
Re: Harmonic Price Patterns
sashimaal- Top contributor
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Join date : 2014-02-28
- Post n°223
Re: Harmonic Price Patterns
Look at their COGS. A slight increase in the revenue per stick to the Company would result in a big increase in overall profits. Also 21 times PER is given for an International Brand with a Monopoly, which had a price appreciation of over 1000% within last 5 years. This means a lot for long term investors.
Only the Govt policies can bring them down - though chances of that happening is very small due to them being the biggest tax payer to the Govt...
TAH wrote:CAL in their report said CTC will come down to 625, GLAS was a BUY @4 but came down to 3 levels 2 of the stocks predictions did not realize...
Last edited by sashimaal on Mon Jun 09, 2014 11:52 pm; edited 2 times in total
First Guy- Posts : 2599
Join date : 2014-02-22
- Post n°224
Re: Harmonic Price Patterns
sashimaal wrote:CAL and every Stock broker has been wrong on CTC while many foreign funds continued to buy.
Look at their GP margin - it's massive. A slight increase in the revenue per stick to the Company would result in a big increase in overall profits. Also 21 times PER is given for an International Brand with a Monopoly, which had a price appreciation of over 1000% within last 5 years. This means a lot for long term investors.
Only the Govt policies can bring them down - though chances of that happening is very small due to them being the biggest tax payer to the Govt...TAH wrote:CAL in their report said CTC will come down to 625, GLAS was a BUY @4 but came down to 3 levels 2 of the stocks predictions did not realize...
Still I have no reason myself to buy it at this price 'as an investment'
I bought this at 400/- and sold around 800/- after that never touched. Same with Nestle which is trading at a huge multiple.
At these multiples, the market expects significant growth in future quarters, which I cannot convince myself
sashimaal- Top contributor
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- Post n°225
Re: Harmonic Price Patterns
But if long/very long term investment horizen is considered, these stocks will be very good bets.
Following article will be of interest:
http://www.caporbit.com/nestle-india-a-long-term-stock-return-study/
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