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Sri Lanka Equity Forum » Stock Market Talk » Market will test 4700

Market will test 4700

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1Market will test 4700 - Page 2 Empty Market will test 4700 on Tue Apr 23, 2019 11:59 am

Maharaja


Expert
Expert
First topic message reminder :

Members,

I think I must give you early warning about next ASI level.


4700 will be immediate support level for CSE.



Maharaja


41Market will test 4700 - Page 2 Empty Re: Market will test 4700 on Mon Jun 17, 2019 9:44 am

Yahapalanaya


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Yahapalanaya wrote:
@Maharaja wrote:
@Maharaja wrote:Market will test 4700 - Page 2 Screen11

Some people think stock market is like DJ. And think ASI can suddenly rise and they can earn money like DJ change music tracks. They cannot understand a technical chart, so like fools they react. Anyway market will react towards the support level by Maharaja.

The government trying to cover up the huge financial & political crisis by putting EPF money into market. They want to slow the market crashing. 

Which idiot will buy AEL at 13.9 when he can buy at 12.00 ??
Ans : EPF money !! And foreigners are selling as much as possible. 

JKH is artificially on pause at 140.00 after the worst results in history of JKH. Soon market will react to fundamentals. No one can stop it. EPF cannot cover up a market mess for long.

After government gives chance to import cigarettes CTC will fall from a blue-chip company to a normal company. EPF cannot buy such foreign sales.

Maharaja
Update the draft with ASI 5390 and see how it goes.Don't mislead the people.

You missed the AEL bus at 12.00.Try atleast at 13.9.We discussed about AEL in differant threat.

JKH is purchased by HJ.Is there any proof that EPF hold that price.

EPF need not to buy CTC if it is free fall.

Looks you are abset about current green days. Smile Smile Smile
Poor Maharaja,

Did you catch the AEL bus.... Smile Smile Smile

42Market will test 4700 - Page 2 Empty Re: Market will test 4700 on Mon Jun 17, 2019 12:33 pm

Maharaja


Expert
Expert
Technically/Fundamentally there is no reason for market to continue upwards. It should fall.
Foreigners are selling. Due to EPF buying AEL and some bank, we see a turnover. But this cannot continue without fresh funds into market. Most broker houses are closed. No brokers, no investors !

Do not day dream. Political expectations also will not be as expected. Wait and see.

Election is highly unpredictable !!!

4673 (as i remember) this level will be tested. 


Maharaja

43Market will test 4700 - Page 2 Empty Re: Market will test 4700 on Mon Jun 17, 2019 12:45 pm

Maharaja


Expert
Expert
@Yahapalanaya wrote:
@Yahapalanaya wrote:
@Maharaja wrote:
@Maharaja wrote:Market will test 4700 - Page 2 Screen11

Some people think stock market is like DJ. And think ASI can suddenly rise and they can earn money like DJ change music tracks. They cannot understand a technical chart, so like fools they react. Anyway market will react towards the support level by Maharaja.

The government trying to cover up the huge financial & political crisis by putting EPF money into market. They want to slow the market crashing. 

Which idiot will buy AEL at 13.9 when he can buy at 12.00 ??
Ans : EPF money !! And foreigners are selling as much as possible. 

JKH is artificially on pause at 140.00 after the worst results in history of JKH. Soon market will react to fundamentals. No one can stop it. EPF cannot cover up a market mess for long.

After government gives chance to import cigarettes CTC will fall from a blue-chip company to a normal company. EPF cannot buy such foreign sales.

Maharaja
Update the draft with ASI 5390 and see how it goes.Don't mislead the people.

You missed the AEL bus at 12.00.Try atleast at 13.9.We discussed about AEL in differant threat.

JKH is purchased by HJ.Is there any proof that EPF hold that price.

EPF need not to buy CTC if it is free fall.

Looks you are abset about current green days. Smile Smile Smile
Poor Maharaja,

Did you catch the AEL bus.... Smile Smile Smile


Not the level to BUY. You will understand later. 
If you do not believe Maharaja, please go and buy without blaming Maharaja. Your money - not Maharaja's.

Maharaja

44Market will test 4700 - Page 2 Empty Re: Market will test 4700 on Mon Jun 17, 2019 1:08 pm

karuna2


Manager - Equity Analytics
Manager - Equity Analytics
Yes
Maharaja never go wrong
Pls add that sentence too
Dont miss that

45Market will test 4700 - Page 2 Empty Re: Market will test 4700 on Thu Jul 04, 2019 10:39 pm

Yahapalanaya


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Maharaja wrote:
@Yahapalanaya wrote:
@Yahapalanaya wrote:
@Maharaja wrote:
@Maharaja wrote:Market will test 4700 - Page 2 Screen11

Some people think stock market is like DJ. And think ASI can suddenly rise and they can earn money like DJ change music tracks. They cannot understand a technical chart, so like fools they react. Anyway market will react towards the support level by Maharaja.

The government trying to cover up the huge financial & political crisis by putting EPF money into market. They want to slow the market crashing. 

Which idiot will buy AEL at 13.9 when he can buy at 12.00 ??
Ans : EPF money !! And foreigners are selling as much as possible. 

JKH is artificially on pause at 140.00 after the worst results in history of JKH. Soon market will react to fundamentals. No one can stop it. EPF cannot cover up a market mess for long.

After government gives chance to import cigarettes CTC will fall from a blue-chip company to a normal company. EPF cannot buy such foreign sales.

Maharaja
Update the draft with ASI 5390 and see how it goes.Don't mislead the people.

You missed the AEL bus at 12.00.Try atleast at 13.9.We discussed about AEL in differant threat.

JKH is purchased by HJ.Is there any proof that EPF hold that price.

EPF need not to buy CTC if it is free fall.

Looks you are abset about current green days. Smile Smile Smile
Poor Maharaja,

Did you catch the AEL bus.... Smile Smile Smile


Not the level to BUY. You will understand later. 
If you do not believe Maharaja, please go and buy without blaming Maharaja. Your money - not Maharaja's.

Maharaja
Laughing Laughing Laughing

46Market will test 4700 - Page 2 Empty Re: Market will test 4700 on Sat Jul 13, 2019 10:24 am

samansilva


Equity Analytic
Equity Analytic
No  way dragging down .. market will test 6000...every day market is heating until December.. Smile Smile Smile Smile Smile Smile

47Market will test 4700 - Page 2 Empty Re: Market will test 4700 on Sat Jul 13, 2019 10:46 am

karuna2


Manager - Equity Analytics
Manager - Equity Analytics
Aho... Maharaja
Keep mind maharaja never go wrong

48Market will test 4700 - Page 2 Empty Re: Market will test 4700 on Wed Jul 17, 2019 2:26 pm

Maharaja


Expert
Expert
Maharaja is still with his prediction of 4700.
There is no fundamental change to support this upward movement. 
For a long time market was falling, and ppl think this is the turn. But this is not the turn.
Real turn will /will not happen only after election. This is short lived run. 
Trade only in this time period. Don't hold shares. 


Maharaja

49Market will test 4700 - Page 2 Empty Re: Market will test 4700 on Wed Jul 17, 2019 2:40 pm

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
MS is not going to seek another term and will join hands with JO to defeat his arch rival RW or his proxy. As it is the Govt is very unpopular and with the pending revelations on bond scam by President is going to further erode the meagre vote base of UNP. Based on this high probability market would continue its bullish trend.

50Market will test 4700 - Page 2 Empty Re: Market will test 4700 on Thu Jul 18, 2019 10:38 am

Promoney


Equity Analytic
Equity Analytic
So according to Maharaja the market should fall 1000 points during the next 4 and half months up to Nov 6😄😄😄

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