The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» මාස 02 කදී කොටස් වෙළෙඳපොළ සියයට 4 කින් කඩා වැටිලා
Today at 8:31 pm by serene

» ඩොලර් බිලියන 10 යි – මහ බැංකුව ඉතිහාසයේ වැඩිම විදේශ විනිමය සංචිතය ගොඩනගයි
Today at 8:29 pm by serene

» රජයේ සුරැකුම්වලින් රුපියල් බිලියන 2.7 ක විදෙස් ආයෝජන සතියක් තුළ දී ඉවතට
Today at 8:25 pm by serene

» කිම් - ට්‍රම්ප් හමුව: දෙරටේ නායකයෝ සාකච්ඡා අරඹති
Sun Jun 17, 2018 10:55 am by Ethical Trader

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Sat Jun 16, 2018 8:20 am by spw19721

» TPL.N0000 (TALAWAKALE PLANTATIONS )
Thu Jun 14, 2018 7:17 am by lanka

» සපත්තු පෙට්ටියකින් හමු වූ චීන මල් බඳුන පවුම් මිලියන 14 අලෙවි වේ
Wed Jun 13, 2018 12:03 pm by Ethical Trader

» Dividend Announcement
Wed Jun 13, 2018 11:49 am by Ethical Trader

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Wed Jun 13, 2018 11:47 am by Ethical Trader

» ලංකාවේ ඉපිද, බ්‍රිතාන්‍යයේ නගරාධිපති පදවියකට පත් වූ කරීමා
Tue Jun 12, 2018 3:19 pm by Ethical Trader

» KGAL.N0000 (Kegalle Plantation PLC)
Tue Jun 12, 2018 2:40 pm by Ethical Trader

» Where in the world is it easiest to get rich?
Tue Jun 12, 2018 7:53 am by CK

» "එළ හරකා - මී හරකා ආර්ථික ප්‍රතිපත්ති" සහ ඩොලරයට සාපේක්ෂව පහළ වැටෙන රුපියල
Sat Jun 09, 2018 11:07 am by Ethical Trader

» Top 20 magnificient eyes from around the world
Fri Jun 08, 2018 11:10 am by Ethical Trader

» ගෝඨාභය නඩු: උපරිමාධිකරණ විනිසුරුවරුන් දෙදෙනෙක් ඉවත්වෙති
Thu Jun 07, 2018 6:16 pm by sashimaal

» මුහුදු පතුලේ තැන්පත් කළ දත්ත ගබඩාව "යථාර්ථයක් විය හැකි විකාර අදහසක්"
Thu Jun 07, 2018 6:00 pm by Ethical Trader

» KFP.N0000(Keels Food Products PLC)
Thu Jun 07, 2018 8:54 am by lanka

» Sri Lanka Port Authority profits up after China takeover of Hambantota
Wed Jun 06, 2018 5:58 pm by Ethical Trader

» Tax hike to trim profits of Sri Lankan life insurers: Fitch
Wed Jun 06, 2018 5:55 pm by Ethical Trader

» Rupee weakens, stocks gain 0.23-pct
Wed Jun 06, 2018 5:54 pm by Ethical Trader

» ශ්‍රී ලංකාවේ 'අධිකරණයට අපහාස කිරීම' ගැන දැන සිටිය යුතු නීති පසුබිම
Tue Jun 05, 2018 6:50 pm by කිත්සිරි ද සිල්වා

» Sri Lanka finance ministry accounts qualified by Auditor General
Tue Jun 05, 2018 1:28 pm by Ethical Trader

» IFC invests US$2.5mn in Sri Lanka's PickMe
Tue Jun 05, 2018 1:22 pm by Ethical Trader

» Sri Lanka state banks most in need capital for Basel III, new risk identified
Tue Jun 05, 2018 1:21 pm by Ethical Trader

» Sri Lanka's ETI Finance able to settle small depositors if liquidated
Tue Jun 05, 2018 12:53 pm by The Invisible

» Oil steady as extra U.S. supply balances strong demand
Mon Jun 04, 2018 3:59 pm by කිත්සිරි ද සිල්වා

» In the Meantime, Within Our Shores !
Mon Jun 04, 2018 3:32 pm by කිත්සිරි ද සිල්වා

» Cartoon of the day...
Mon Jun 04, 2018 11:47 am by nihal123

» SPEN.N0000
Sat Jun 02, 2018 6:19 pm by Ethical Trader

» තායිලන්තයෙන් අභ්‍යවකාශයට යන 'දූරියන්'
Fri Jun 01, 2018 5:18 pm by Ethical Trader

» නාසා අභ්‍යවකාශ යානයක් ප්ලූටෝ මත මීතේන් අයිස් වැටි සොයාගනී
Fri Jun 01, 2018 5:12 pm by Ethical Trader

» ඉන්දියාව ඉදිරියේ ශ්‍රී ලංකාව බලවත් වෙයි
Fri Jun 01, 2018 3:20 pm by sashimaal

» බන කියන පුංචි දරැවා
Fri Jun 01, 2018 11:21 am by Ethical Trader

» දරුවෙක් බේරාගත් මාලි ජාතික 'ස්පයිඩර් මෑන්'ට ප්‍රංශ පුරවැසිභාවය
Thu May 31, 2018 5:00 pm by Yin-Yang

» Exclusive: Cricket match-fixers caught in the act in Sri Lanka
Mon May 28, 2018 7:41 pm by sashimaal

» RIL.N0000 ( RIL Property )
Mon May 28, 2018 10:04 am by eco

» BFL.N0000 (Bairaha Farms PLC)
Sun May 27, 2018 10:39 pm by seek

» MTD Walkers (KAPI)
Sun May 27, 2018 10:34 pm by seek

» Sri Lanka's ex-Sports minister admits sleaze
Sat May 26, 2018 10:49 pm by Ethical Trader

» HNB regrets unauthorized incident at branch and says action taken
Sat May 26, 2018 10:15 pm by Ethical Trader

» Listed Sri Lanka hospitals have strong growth prospects: Fitch
Sat May 26, 2018 10:04 pm by Ethical Trader

» ශ්‍රී ලාoකීය බෞද්ධයාගේ සම්මා දිට්ඨිය
Sat May 26, 2018 10:03 pm by Ethical Trader

» Food for Thought
Sat May 26, 2018 11:24 am by Ethical Trader

» Theory of Everything
Fri May 25, 2018 3:33 pm by Ethical Trader

» ඊ.ටි.අයි ෆිනෑන්ස් විකිණිමට මහ බැංකුවේ අවසරය
Tue May 22, 2018 9:43 pm by Ethical Trader

» Elsewhere vs SL : Honesty, Social responsibility , Word twisting and Decency
Tue May 22, 2018 8:53 pm by Yin-Yang

» Whats ailing Sri Lanka ? Why we are what we are!
Tue May 22, 2018 6:02 pm by Yin-Yang

» Karl Marx and the Social Sciences
Sun May 20, 2018 11:25 pm by Backstage

» Your Face Is Now in a Database
Sun May 20, 2018 10:47 am by කිත්සිරි ද සිල්වා

» ජපානය: තත්පර විසිපහකට පෙර දුම්රිය පිටත් වූවාට 'සමාවෙන්න'
Fri May 18, 2018 10:10 pm by Ethical Trader

June 2018
SunMonTueWedThuFriSat
     12
3456789
10111213141516
17181920212223
24252627282930

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

What's going to happen

Page 1 of 4 1, 2, 3, 4  Next

Go down

What's going to happen

Post by pathfinder on Sun Sep 06, 2015 5:33 pm

Many are worrying about the direction of ASI nowadays,I would like to give a technical view of the ASI in coming days.My analysis may go wrong,therefore please do your own analysis before taking decision.



This is the 3 months daily chart of ASI.It started to move from 6921 to 7531 within forty days (too speedy and was finding a reason to slow).Then started to come down.There was a huge selling on the 24th of the Aug,because of that panic selling  ASI bought down by 140 points within one day .As seen in the chart at 50% fib level on very next day market showed positive momentum.
But in the middle of domestic political turmoil and global economic crisis that uptrend couldn't sustain and again headed down.

On friday ASI stopped at a crucial level of 7215,That is exactly on 200DMA,Usually it's a strong support. I expect a Green monday tomorrow,But still down trend is strong as shown by other indicators. so it may start to going down in few days time if good positive thing doesn't happen.If so it will find a support at 7154.In worst case 7064 is the bottom.This is a just a short term analysis

In long term ASI has a uptrend.This is the monthly chart of ASI since 2003.


Everybody know the reasons why ASI had a big dip in 2009 and big up in 2011.

It will move up for sure.LT and MT players have not to  worry.ST people don't panic and sell your good solid shares at dirty cheap price.

New comers don't try to trade with fundamentally weak shares till you learn the art of trading.
avatar
pathfinder
Top contributor
Top contributor

Posts : 1329
Join date : 2014-02-23
Age : 36

Back to top Go down

Re: What's going to happen

Post by Nuinth on Sun Sep 06, 2015 5:59 pm

Excellent analysis PF.

Based on positive political ground with coming good news from HR, world commodity price drop, latest technology-innovation used by companies (Specially manufacturing), GSP+ etc will move our economy for next level.

Recently I red (From some where) Softlogic & Ashaphillip stock brokers expressed positive market forecast for medium to long term.

Yes PF, no need to worry if you are holding good stocks with medium to long term plan.

Good luck guys.

Nuinth
Top contributor
Top contributor

Posts : 551
Join date : 2014-02-28
Location : Universe

Back to top Go down

Re: What's going to happen

Post by Future123 on Sun Sep 06, 2015 7:56 pm

Thanks PF

Future123
Active Member
Active Member

Posts : 1435
Join date : 2014-04-09

Back to top Go down

Re: What's going to happen

Post by slstock on Sun Sep 06, 2015 8:10 pm

Great to see the tech update. Thank you. + rep.

* I see your view supplement NC's analysis closely .
Show both of you have good strengths in tech stuff.
* Also your present idea is bit closer to what I said sometime ago.

Happy to see we are in mostly in sync.

However all :
Note the power of the negativity can get evil at times. So if some manipulation combined with chain negativity comes.... you should know better now Wink




_________________
Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
Please read : http://forum.lankaninvestor.com/t1548-important-warning-and-message
---------

If someone finds an Avatar of me in cyberspace commenting and you are unsure, Keep asking deeper questions until you are satisfied to distinguish between the Real and the Avatar. The real answers questions directly and deeply Wink

---------
avatar
slstock
Veteran
Veteran

Posts : 5160
Join date : 2014-06-12

Back to top Go down

Re: What's going to happen

Post by pathfinder on Sun Sep 06, 2015 8:45 pm

Thanks friends for replies,actually I didn't see NC's analysis at the time of post.He has done a very good analysis.It's good that I didn't see it before, if I saw it, I wouldn't post a new thread.


Last edited by pathfinder on Mon Sep 07, 2015 7:43 pm; edited 1 time in total
avatar
pathfinder
Top contributor
Top contributor

Posts : 1329
Join date : 2014-02-23
Age : 36

Back to top Go down

Re: What's going to happen

Post by serene on Sun Sep 06, 2015 9:06 pm

Thanks Path. Super. cheers
Who is getting fed up with these type of analysis. Smile Smile Very Happy
I don't mind going through several of same charts with different perspective of different experts.
Thanks again.

serene
Top contributor
Top contributor

Posts : 3589
Join date : 2014-02-26

Back to top Go down

Re: What's going to happen

Post by chutiputha on Sun Sep 06, 2015 9:21 pm

Thank U PathF,+++ for ur effort.
avatar
chutiputha
Top contributor
Top contributor

Posts : 1831
Join date : 2014-11-09
Age : 32
Location : Bei Jing

Back to top Go down

Re: What's going to happen

Post by kass on Sun Sep 06, 2015 9:47 pm

thanks path Very Happy Very Happy
avatar
kass
Top contributor
Top contributor

Posts : 469
Join date : 2014-02-27

Back to top Go down

Re: What's going to happen

Post by nihal123 on Sun Sep 06, 2015 10:42 pm

Thanks Path +
avatar
nihal123
Top contributor
Top contributor

Posts : 4550
Join date : 2014-02-24
Age : 52
Location : Waga

Back to top Go down

Re: What's going to happen

Post by Leon on Sun Sep 06, 2015 10:42 pm

Thanks path grate analysis.
My concern is sell off by foreigners.
avatar
Leon
Top contributor
Top contributor

Posts : 1233
Join date : 2014-03-11

Back to top Go down

Re: What's going to happen

Post by DocStock on Sun Sep 06, 2015 10:58 pm

Leon wrote:Thanks path grate analysis.
My concern is sell off by foreigners.

I'm so a greenhorn, but I think the rupee devaluation has more to do with it than the economy/political landscape.
avatar
DocStock
Top contributor
Top contributor

Posts : 239
Join date : 2014-03-17

Back to top Go down

Re: What's going to happen

Post by Backstage on Mon Sep 07, 2015 12:40 am

Thanks Path, you under estimate that value of these posts.There are a lot of us hungry for informed opinion from those who care to share there work.

Doc; There is big money fleeing China, Japan, Malaysia, Brazil ect. Some are looking for safe parking places. I am wondering if even a fraction of that.......
avatar
Backstage
Top contributor
Top contributor

Posts : 3270
Join date : 2014-02-24

Back to top Go down

Re: What's going to happen

Post by Sriranga on Mon Sep 07, 2015 6:28 am

Thanks Path. Really appreciate and expecting more.

_________________
"Investing is easy to learn, but it takes a lifetime to master."
avatar
Sriranga
Veteran
Veteran

Posts : 3226
Join date : 2014-02-23
Location : Colombo

http://sharemarket-srilanka.blogspot.co.uk/

Back to top Go down

Re: What's going to happen

Post by serene on Mon Sep 07, 2015 8:17 am

chutiputha wrote:Thank U PathF,+++ for ur effort.

Chuti, PathF,+++ ...Mata nikan awl wage Smile Very Happy

serene
Top contributor
Top contributor

Posts : 3589
Join date : 2014-02-26

Back to top Go down

Re: What's going to happen

Post by yellow knife on Mon Sep 07, 2015 8:20 am

Thanx Path

yellow knife
Top contributor
Top contributor

Posts : 5824
Join date : 2014-03-27

Back to top Go down

Re: What's going to happen

Post by Defender on Mon Sep 07, 2015 9:30 am

thanks everyone! lets be positive!

Defender

Posts : 52
Join date : 2015-03-30
Location : Colombo

Back to top Go down

Re: What's going to happen

Post by pathfinder on Mon Oct 19, 2015 10:28 pm

Now ASI has breached the anticipated support of 7064 and still going down.This down trend is created by falling blue chips with the fear of Super gain tax and other bills proposed by FM.

Whether it's positive or negative these bills should come ASAP,otherwise this uncertainty kills investor sentiment.

What is the technical view of ASI.

As shown in the chart ASI has moved within a nice channel from 2012.Every time it touched the upper level it has fallen.And when it touched the lower line it started to move up.Now ASI is very close to the lower value once again.And importantly 38.2% fib level also same.The value comes as 6980.I expect a turn around sooner than later.

On the figure shown there is a ascending triangle is developing.To validate it the ASI should vary between 6980 to 7500 for some times.If it happens ASI may have a breakout around first few months of next year to reach all time high.

If ascending triangle get failed the pattern is eligible for a broadening top or a ascending wedge pattern.Those are signs of bears.


avatar
pathfinder
Top contributor
Top contributor

Posts : 1329
Join date : 2014-02-23
Age : 36

Back to top Go down

Re: What's going to happen

Post by Leon on Tue Oct 20, 2015 4:37 am

Thanks Path. +
I think signs of a turnaround are in the mkt. Volumes get drying. As you also said this super gain thing has to come to an end.
Also my feeling is mkt already discounted that too.
avatar
Leon
Top contributor
Top contributor

Posts : 1233
Join date : 2014-03-11

Back to top Go down

Re: What's going to happen

Post by serene on Tue Oct 20, 2015 8:03 am

Thanks Path...
Superb..

serene
Top contributor
Top contributor

Posts : 3589
Join date : 2014-02-26

Back to top Go down

Re: What's going to happen

Post by nihal123 on Tue Oct 20, 2015 10:19 am

Path, your technical view is good.

study
avatar
nihal123
Top contributor
Top contributor

Posts : 4550
Join date : 2014-02-24
Age : 52
Location : Waga

Back to top Go down

Re: What's going to happen

Post by yellow knife on Tue Oct 20, 2015 10:23 am

Thanx Path

yellow knife
Top contributor
Top contributor

Posts : 5824
Join date : 2014-03-27

Back to top Go down

Re: What's going to happen

Post by LSE on Tue Oct 20, 2015 11:24 am

Thank you very much path +
I expect ASPI to turn up very soon... study
avatar
LSE
Tech Contributor
Tech Contributor

Posts : 853
Join date : 2014-06-04

Back to top Go down

Re: What's going to happen

Post by mymoney on Tue Oct 20, 2015 1:20 pm

Thanks Path....

COMB.N Break 160 is a good sign... Smile

mymoney

Posts : 479
Join date : 2014-08-06

Back to top Go down

Re: What's going to happen

Post by umadhuranga on Tue Oct 20, 2015 2:10 pm

Thanks for the update path!!

umadhuranga

Posts : 29
Join date : 2014-11-14
Location : Colombo

Back to top Go down

Re: What's going to happen

Post by pathfinder on Mon Nov 30, 2015 6:49 pm

Thought to do a quick technical update. There is a descending wedge pattern on daily charts with today's candle.I expect a greener tomorrow with few days of side way movement till market find it's direction.
ATM downtrend is so strong, need serious buyers to absorb all falling knives to stop this madness Evil or Very Mad
Will see what's the news market is waiting for?
avatar
pathfinder
Top contributor
Top contributor

Posts : 1329
Join date : 2014-02-23
Age : 36

Back to top Go down

Page 1 of 4 1, 2, 3, 4  Next

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum