Wazua
»
Investor
»
Stocks
»
Elliott Wave Analysis Of The NSE 20
Rank: Veteran Joined: 9/18/2014 Posts: 1,127
|
hisah wrote:@sparkly @metaspoilt, true to both as well as if you add the RSI lows it gets even more interesting. I'm looking at those 3 lows combined. If indeed this is the low, then the next rally should be able to take out the 6161 high on NSE20. Did the 2789 low shake all the weak longs? The main purpose of the stock market is to make fools of as many people as possible.
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
lochaz-index wrote:hisah wrote:@sparkly @metaspoilt, true to both as well as if you add the RSI lows it gets even more interesting. I'm looking at those 3 lows combined. If indeed this is the low, then the next rally should be able to take out the 6161 high on NSE20. Did the 2789 low shake all the weak longs? If the index scales above 3800 without breaking below 3000 in the next correction, then yes!$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Veteran Joined: 9/18/2014 Posts: 1,127
|
hisah wrote:lochaz-index wrote:hisah wrote:@sparkly @metaspoilt, true to both as well as if you add the RSI lows it gets even more interesting. I'm looking at those 3 lows combined. If indeed this is the low, then the next rally should be able to take out the 6161 high on NSE20. Did the 2789 low shake all the weak longs? If the index scales above 3800 without breaking below 3000 in the next correction, then yes! Agreed. The main purpose of the stock market is to make fools of as many people as possible.
|
|
|
Rank: Veteran Joined: 11/14/2006 Posts: 1,311
|
mnandii wrote:SAFCOM ANALYSIS CLOSER LOOK AT BLUE WAVE A  Minute wave ((a)) , circled, ended at slightly below 16.00. Minute wave ((b)), circled, likely ended at 19.80, that level being 61.8% retracement of wave ((a)). That being the case we should expect wave ((c)) to carry below 16.00 and find support at 14.35 or thereabouts.
Safaricom price went back to 21.75 today. You had predicted that Shs 18 was the top and advised people to sell and wait for it at the bottom.
What wave are we in now according to your cartoon?
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,549 Location: nairobi
|
lochaz-index wrote:hisah wrote:lochaz-index wrote:hisah wrote:@sparkly @metaspoilt, true to both as well as if you add the RSI lows it gets even more interesting. I'm looking at those 3 lows combined. If indeed this is the low, then the next rally should be able to take out the 6161 high on NSE20. Did the 2789 low shake all the weak longs? If the index scales above 3800 without breaking below 3000 in the next correction, then yes! Agreed. A Raila presidential win could send us to unimaginable highs
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
|
obiero wrote:lochaz-index wrote:hisah wrote:lochaz-index wrote:hisah wrote:@sparkly @metaspoilt, true to both as well as if you add the RSI lows it gets even more interesting. I'm looking at those 3 lows combined. If indeed this is the low, then the next rally should be able to take out the 6161 high on NSE20. Did the 2789 low shake all the weak longs? If the index scales above 3800 without breaking below 3000 in the next correction, then yes! Agreed. A Raila presidential win could send us to unimaginable highs just like trump win "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
obiero wrote:lochaz-index wrote:hisah wrote:lochaz-index wrote:hisah wrote:@sparkly @metaspoilt, true to both as well as if you add the RSI lows it gets even more interesting. I'm looking at those 3 lows combined. If indeed this is the low, then the next rally should be able to take out the 6161 high on NSE20. Did the 2789 low shake all the weak longs? If the index scales above 3800 without breaking below 3000 in the next correction, then yes! Agreed. A Raila presidential win could send us to unimaginable highs Raila is socialist... pro poor, pro employees,anti capital. A win for home would send the market tumbling again. Life is short. Live passionately.
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
|
sparkly wrote:obiero wrote:lochaz-index wrote:hisah wrote:lochaz-index wrote:hisah wrote:@sparkly @metaspoilt, true to both as well as if you add the RSI lows it gets even more interesting. I'm looking at those 3 lows combined. If indeed this is the low, then the next rally should be able to take out the 6161 high on NSE20. Did the 2789 low shake all the weak longs? If the index scales above 3800 without breaking below 3000 in the next correction, then yes! Agreed. A Raila presidential win could send us to unimaginable highs Raila is socialist... pro poor, pro employees,anti capital. A win for home would send the market tumbling again. wishful thinking ....have we not sunk to unseen levels with your uhuru win?...this country and the economy needs some financial displine which jubilee doesn't have "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
|
mlennyma wrote:sparkly wrote:obiero wrote:lochaz-index wrote:hisah wrote:lochaz-index wrote:hisah wrote:@sparkly @metaspoilt, true to both as well as if you add the RSI lows it gets even more interesting. I'm looking at those 3 lows combined. If indeed this is the low, then the next rally should be able to take out the 6161 high on NSE20. Did the 2789 low shake all the weak longs? If the index scales above 3800 without breaking below 3000 in the next correction, then yes! Agreed. A Raila presidential win could send us to unimaginable highs Raila is socialist... pro poor, pro employees,anti capital. A win for home would send the market tumbling again. wishful thinking ....have we not sunk to unseen levels with your uhuru win?...this country and the economy needs some financial displine which jubilee doesn't have I used to think president Uhuru was not a populist.He proved one
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
|
|
|
Rank: Veteran Joined: 11/13/2015 Posts: 1,596
|
sparkly wrote:obiero wrote:lochaz-index wrote:hisah wrote:lochaz-index wrote:hisah wrote:@sparkly @metaspoilt, true to both as well as if you add the RSI lows it gets even more interesting. I'm looking at those 3 lows combined. If indeed this is the low, then the next rally should be able to take out the 6161 high on NSE20. Did the 2789 low shake all the weak longs? If the index scales above 3800 without breaking below 3000 in the next correction, then yes! Agreed. A Raila presidential win could send us to unimaginable highs Raila is socialist... pro poor, pro employees,anti capital. A win for home would send the market tumbling again. What's the difference between Raila and Uhuru? both don't believe in the free market, both like price controls especially 90 bob unga, both like cronyism, both are pro poor with policies like free primary education(even where the poor in the slums take their children to private academies) and now free secondary education(of course there is no concept like free lunch), both believe in subsidizing inefficient industries and parastatals. Different sides of the same coin.
|
|
|
Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
|
mnandii wrote: NSE 20 SHARE INDEX Expecting the current counter-trend rally to find resistance between 3189 and 3333 to complete blue wave [iv] Afterwards we should expect a fall to below 2800. NSE 20 Share Index 3,442.38 on 26/5/2017 the bull seems to be gaining momentum but some counters like kcb showed signs of reversal. interesting also to note is that the four days where the index has gained 146 points from 3296 has been dominated by heavy net foreign sales, most likely local institutions are weighing the possibility of peaceful elections thus absorbing that supply There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
|
|
|
Rank: Veteran Joined: 11/14/2006 Posts: 1,311
|
littledove wrote:mnandii wrote:NSE 20 SHARE INDEX Expecting the current counter-trend rally to find resistance between 3189 and 3333 to complete blue wave [iv] Afterwards we should expect a fall to below 2800. NSE 20 Share Index 3,442.38 on 26/5/2017 the bull seems to be gaining momentum but some counters like kcb showed signs of reversal. interesting also to note is that the four days where the index has gained 146 points from 3296 has been dominated by heavy net foreign sales, most likely local institutions are weighing the possibility of peaceful elections thus absorbing that supply
My view is that interest rates have been falling of late and these institutions have limited places to put their money for better returns. The stock prices at NSE have started looking attractive and hence the increased demand.
I would like to hear about the candles ...which curve are we in now? Someone had said the NSE index is derived more by the social mood. What has changed in the social mood now? The lowering of maize flour to shs 90?....lol
|
|
|
Rank: Member Joined: 4/15/2008 Posts: 205
|
Probably premised on hope of regime change. Do it today! Tomorrow is promise to no-one.
|
|
|
Rank: Veteran Joined: 8/16/2009 Posts: 994
|
Liv wrote:littledove wrote:mnandii wrote:NSE 20 SHARE INDEX Expecting the current counter-trend rally to find resistance between 3189 and 3333 to complete blue wave [iv] Afterwards we should expect a fall to below 2800. NSE 20 Share Index 3,442.38 on 26/5/2017 the bull seems to be gaining momentum but some counters like kcb showed signs of reversal. interesting also to note is that the four days where the index has gained 146 points from 3296 has been dominated by heavy net foreign sales, most likely local institutions are weighing the possibility of peaceful elections thus absorbing that supply
My view is that interest rates have been falling of late and these institutions have limited places to put their money for better returns. The stock prices at NSE have started looking attractive and hence the increased demand.
I would like to hear about the candles ...which curve are we in now? Someone had said the NSE index is derived more by the social mood. What has changed in the social mood now? The lowering of maize flour to shs 90?....lol I don't know much about waves, but the current one is actually a "good" wave. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
|
Banks rally has lost momentum "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
mlennyma wrote:Banks rally has lost momentum Now they are establishing equilibrium! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
|
Spikes wrote:mlennyma wrote:Banks rally has lost momentum Now they are establishing equilibrium! Watch the depth of the pullback for a conclusion
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
|
Metasploit wrote:Spikes wrote:mlennyma wrote:Banks rally has lost momentum Now they are establishing equilibrium! Watch the depth of the pullback for a conclusion Very shallow pullback..
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
|
Now time to defeat the 40 resistance for KCB and 38.5-39 resistance for Equity
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
|
And NSE will surely touch 3500 as Ken gen and the rest are taking a breather
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
|
|
|
Wazua
»
Investor
»
Stocks
»
Elliott Wave Analysis Of The NSE 20
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|