nafeesmn

nafeesmn

1. During the previous run to ATH it happened in 4 phases with % reducing. This time first three phases happened with marginal reduce in % 2. Last time when 52 week high was broken the following week went up by 30% 3. When the previous channel was attempted to breakout, it got rejected and ended up breaking down. After the most recent attempt to breakout...

nafeesmn

RSI broken trend line and MA 14 volumes picking up Have to settle above MA 200 first.

nafeesmn

1. ASI broken below MA 200 and retesting. 2. MA 50, 20, 9 aligned top to bottom 3. MA 100, 9 about to cross 4. RSI took trend line support 5. Low turnover is observed continuously 6. If failed to break MA 200 resistance possible to take support at trend line 8. It is important for ASI to break 9456 and settle above.

nafeesmn

Currently forming a base at GP and trend line support. Needs to break the Gold colour trend line and settle above while protecting the trend support.

nafeesmn

Counter looks to have bounced back. RSI bounced back and retested and moving towards resistance. Important to monitor the RSI resistance.

nafeesmn

Moving sideways after taking support at fib Golden Pocket. MA 9 Resistance. Formed a short term trend line and taking it as a support. Monitor the line breakdown. RSI holding onto trend support. Took support and retested and looks good to move. Based on the previous analysis ASI should move towards 10,100

nafeesmn

Has taken support 79-80 levels together with MA 20. Volume picking and RSI has taken support. All MA's aligned with the 50,100 crossing. at CSELK:ACL.N0000

nafeesmn

Trading within a channel since the breakout from the base. It has taken the support from the trend line also the bottom line of the channel ideally should move towards the upper band of the channel. For the first time it has fallen below MA 20 within the channel and MA 20 remains a resistance. If the counter fails to break MA 9,20 resistance and falls below...

nafeesmn

In the monthly chart ASPI is forming a similar candle pattern as it did just before the previous bull run Based on the last candle and RSI it looks like support is being taken. However MA 9 and 20 does not confirm. MA 20 broke down and retested. There are possibilities of taking trend support of MA 50 support. Unfortunately there is no turnaround signals in...

nafeesmn

From the recent lowest after the ATH, the index pulled back nearly 50 - 60% from the most recent low to high. Early indications are index falling below MA 9 after touching upper Bollinger Band. RSI is at a decisive position, almost touching the trend line support. There is no turn around confirmation for the moment including the shorter time frames. CSELK:ASI

nafeesmn

Watch for the circled area and the dashed Gold trend line

nafeesmn

Should move towards the next Resistance of 94 - 96 where fib 0.5 also is. MA's aligned except 50,100 which is also nearing cross. Keep an eye on the dashed blue trend line. Each time the counter crossed it, it made an upward movement of 50%, 100% and 50% Volumes are high on green days and low on red days.

nafeesmn

Currently trading at trend line and MA9 resistance MA 20,50 cross RSI holding trend line and gradually turning upwards. The gap of MA 200, 50 in the 4h time frame also reducing. Too many resistance. In 1h time frame there is Golden cross. Though there is a MA 9,20 cross long term MA's travel the opposite direction. Last candle also indicates selling. Handle...

nafeesmn

Broke out from Horizontal Line and retested and then BO from trend line and now retesting that. Need to Break the trend line around 205-206 with volume for next move. RSI at support.

nafeesmn

Counter got rejected at the 85 Resistance. Possible to retest the 79.5 BO if failed, 76. RSI BO and should remain above. possible retest with the price. Double bottom visible. MA's aligned. 100 will turn upwards once it is settled below 50 Price needs to settle within the channel to appreciate further.

nafeesmn

ST Trend line broken. Prices fluctuating between 195 - 200. Has to breakout either way. MA 20 stabilising before moving upwards. Has to hold on to MA 50,100 Support and break MA 9 resistance Bollinger Bands flattening after narrowing for last few days. MACD widening