TKYO.N0000TKYO might drop to 200DMA range. That will be a good support level.
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CALTCSELK:CALT.N0000
This chart and analysis are not financial advice. Do your own research before trading or investing.
The share price rebounded from the golden pocket support and surpassed key levels:
01. 10 DMA
02. Resistance zone 60-61
Next, it will encounter the 50 DMA at the R zone of 68-70. Today's robust trading volume signifies strong participant interest.
TKYO.X BuyBetter to buy a chunk of TKYO.X around current prices. Descending trendline from 15th September, 2023 is currently broken. If you're buying new, better to buy 30% of the planned share amount, thinking of DCA if the price gets dropped. DCA buying plan is as follows.
38.00 - 41.00 LKR (30%)
Around 25.50 LKR (33%)
Around 16.00 LKR (37%)
CALT.N - CAPITAL ALLIANCE PLCThis chart and analysis are not financial advice. Do your own research before trading or investing.
CSELK:CALT.N0000
Despite the weekly RSI trend line break, the daily chart reveals strong indicators. It found support at TL#1 and TL#3 and breached TL#2. An engulfing candle closed above the golden pocket support.
Immediate resistance: the 10 DMA. With a positive crowd outlook on the pending Q report, the price is poised for an upward trajectory.
SAMP.N0000Wait for a pullback and closely monitor the gap.
Entry Point: 56-60
Profit Target: 75
Stop-Loss: 54
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
L O L C HOLDINGS PLCCSELK:LOLC.N0000
This chart and analysis are not financial advice. Do your own research before trading or investing.
On the weekly chart, LOLC stock finds support within the Fibonacci golden pocket. Notably, the convergence and break of MA 10, 50, 200, and TL resistance could strongly influence upcoming price movements.
Conversely, the daily chart witnesses the 10 DMA break, albeit with insufficient volume. Immediate support lies in the 370-395 range. On the upside, the 50 DMA and TL resistance pose challenges.
Daily RSI portrays upward movement as it finds support from the TL support. Monitoring these technical factors is key.
CALT.N - CAPITAL ALLIANCE PLCCSELK:CALT.N0000
This chart and analysis are not financial advice. Do your own research before trading or investing.
In the weekly chart, CALT's share price closed within the 60-61 support range, ending the week with a red candle. This level coincides with the strong 0.5 Fibonacci support. The weekly RSI indicator shows that the support line remains intact, with a close above it.
Turning to the daily chart, breaking the 10-day moving average (DMA - the yellow line) is crucial for signs of an upcoming uptrend. The RSI indicator is also encouraging, with the share price finding support at S TL#1 and successfully breaking and closing above S TL #2.
SLT.N - SRI LANKA TELECOM PLCCSELK:SLTL.N0000
This chart and analysis are not financial advice. Do your own research before trading or investing.
Stock SLTL found solid support in the 89-92 zone, beginning an upward surge marked by a significant green candle. It tested the 98-100.50 resistance zone and closed just below it. The surge saw robust trading volume, reflecting optimism.
The daily RSI indicator is equally promising, as it broke above and closed beyond the resistance trendline (R TL).
SLT.N - SRI LANKA TELECOM PLCThis chart and analysis are not financial advice. Do your own research before trading or investing.
CSELK:SLTL.N0000
It is trading above the 10-day, 30-day, and 50-day moving averages (DMA), which are all converging to create a confluence zone.
Furthermore, the closing price has breached and is trading above the upper trend line of a triangle pattern.
Notably, there is strong support in the range of 89-92, and this support area has been consistently respected by the market at present.
LALU.N0000Wait for a pullback around 16 to 18
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ALUM.N0000Buy Zone mentioned in above chart.
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
CALT StatusAccording to the daily chart, the trendline from July has been clearly broken to the downside.
Currently, it is holding the 75.00 LKR level, which is crucial for the stock.
It can say that the stock is consolidating within 75.00 - 92.50 LKR range.
Immediate resistance box is 81.60 - 84.70 LKR, which has been created by the gap.
However, 75.00 LKR should be the stop loss (SL) for the stock. A close below 75.00 LKR, next support would be 60.40 LKR.
Note: To break a trendline or a support/resistance level, for me, either;
- the stock has to have 3 consecutive closes below/above that level OR
- a full candle should trade below/above that level
ABL.N0000Buy Zone has been mentioned in above chart.
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
SLT.N - SRI LANKA TELECOM PLCThis chart and analysis are not financial advice. Do your own research before trading or investing.
01. SLTL has recently achieved a significant breakthrough from a long-standing triangle pattern, marked by a substantial bullish candle and a notable surge in trading volume compared to the average. Moreover, it successfully surpassed both TL #1 and TL #2, overcoming the 50-day moving average resistance.
02. The convergence of TL #1 and TL #2 is expected in the range of Support 89.00-92.00, providing immediate support for SLTL. This area will serve as a confluence point for the two trendlines.
03. In terms of the RSI indicator, TL #1 may function as the initial line of support.
04. Currently, the primary resistance level stands in the range of 98.00-100.50.
LDEV.N0000Having a resistance on 200 Daily MA and support around 50 Daily MA.
Closely monitor two buy zones.
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GRAN.N0000There is a gap in above chart. There is a possibility that gap will be filled in near future.
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.