Suwarnamahal Financial Services Technical Analysis.

Hi guys

All the figures are taken at 10.30 am today.

I think it is a right time to analyze Suwarnamahal Financial Services.


It shows a some upward trend with considerable volume support compared with 7 day average volume 27,657. But it just passed its 30 day average volume 71,883. Today already sold 74000 shares, It is more than 267% of 7 day average volume and 100% 30 day average volume.

Even though we can’t see a Moving average buying signal, We can predict It will show near future with it upward trend. I think another considerable factor is RSI upward trend after a RSI buying signal.

Further we should consider about this downwar

d trend of SFS since 28th July 2011, more than five million shares sold between 128/= to 80/= level during the period from 28th July to 5th October.

We could see that some finance companies like MFL, LFIN,VFIN etc have some upward trend during last few days.

Even SFS has some upward trends to breakout It is important to have a good market as well as volume support. (Ex. 300,000- 400,000 starting volume). But peoples who purchased above 78 level may need to realize their money and earn some profit. If it passed 90/= level that will be a start of its rally.


Considering above factors we can expect a Suwarnamahal Financial Services Rally soon.

But this is not a buy sell or hold recomendation

Thak you thushan, I have noticed that you do very good technical based analysis which are realy useful. I decided to watch this share.

Thank you very much thushanthalk. today I bought shares @80.20. after that it goes down. I was really upset. I wanted to sell those share even small loss. But finally I thought it better keep.

One again thanks alot.............

Where is the manipulator trend line

NewInvestor wrote:Where is the manipulator trend line

Ask from n p.

Roboticfx wrote:

NewInvestor wrote:Where is the manipulator trend line

Ask from n p.

He's not a part of this..

good one thushantha, still u cant give up promoting ur blog at the end know? he hee..

Hmmm.. thanks for the analysis BTW..

Thank you ...thushanthalk.. i also thought of monitoring. good analysis.

smallville wrote:

Roboticfx wrote:

NewInvestor wrote:Where is the manipulator trend line

Ask from n p.

He's not a part of this..

Yes, I know that. I answered to the new investors question only. (joke )

Dear smallville or any other moderator or admin,
Once I put that two letters, (first one is N, second is P) but it didn't appear on my post. The word "deleted" has been replaced. Then I put the whole name again. But that problem occurred again. Why?

Roboticfx wrote:

smallville wrote:

Roboticfx wrote:

NewInvestor wrote:Where is the manipulator trend line

Ask from n p.

He's not a part of this..

Yes, I know that. I answered to the new investors question only. (joke )

Dear smallville or any other moderator or admin,
Once I put that two letters, (first one is N, second is P) but it didn't appear on my post. The word "deleted" has been replaced. Then I put the whole name again. But that problem occurred again. Why?

For security reasons the names of HNWIs and famous figures have been excluded on comment..

Thanks smallville.

smallville wrote:

Roboticfx wrote:

smallville wrote:

Roboticfx wrote:

NewInvestor wrote:Where is the manipulator trend line

Ask from n p.

He's not a part of this..

Yes, I know that. I answered to the new investors question only. (joke )

Dear smallville or any other moderator or admin,
Once I put that two letters, (first one is N, second is P) but it didn't appear on my post. The word "deleted" has been replaced. Then I put the whole name again. But that problem occurred again. Why?

For security reasons the names of HNWIs and famous figures have been excluded on comment..

Dear smallville

is it so necessary to do this change by removing D J, N P, or D P even in your profile name. well i suppose those codes were not given specifically for them.. what if a person's name has the same two letters as the first letter? for me of course my name consists D J and i've been using the same name for years in many forums.. just because my name consists those two letters does that mean i should be a victim?

the funny part is when some1 addresses me in this forum.. it says deleted solo.. now wot do u call that?...lol

@ thushanthalk,
thanks for your valuable contribution,

deleted solo wrote:
Dear smallville

is it so necessary to do this change by removing D J, N P, or D P even in your profile name. well i suppose those codes were not given specifically for them.. what if a person's name has the same two letters as the first letter? for me of course my name consists D J and i've been using the same name for years in many forums.. just because my name consists those two letters does that mean i should be a victim?

the funny part is when some1 addresses me in this forum.. it says deleted solo.. now wot do u call that?...lol

Point taken... and I see its pretty valid too.. But at the EOD, however much we argue over some abbreviations, whether these represents real life personal or not, there can be ppl who would like to draw lines and make harm to the forum.. So the decision has been taken by admin for the safe guard of this forum.
Since we're a bit far-sighted, this is a pro-active measure on site's future. We dont want the site we love to go down rite?

Therefore on your case, would you be willing to change ur name to "DeeJay Solo" or any other combination

vow. lovely analysis thushanth..thank u so much. very sueful

sorry i meant to say useful and not sueful.ha ha

smallville wrote:good one thushantha, still u cant give up promoting ur blog at the end know? he hee..

Hmmm.. thanks for the analysis BTW..

Quibit given me authority to publish my link end of the article. But you or somebody deleting that. If I want to promote my site I can create so many user names here and promote. But I don't do so. But If you disrupt me again and again I won't post my article here. I do it only in my blog. then member in here wanted to read my article they have to find my blog.
I am posting my link everywhere I can with brief of article. But I publish whole article here and put my link end of the article based on guideline given by Quibit. Even promoting site is violation and deleting, but promotion of shares ok here.
Anyway my blog visitors never be a members of that. Therefore they don't hang out your site.

AlsoI must say you, most time I use this site I am clicking adds here also. Because I wanted to given chance to all sri lankan to get google's money. That is foreign currency. That will simultaneously help sri lanka to increase their foreign currency float.
If somebody wants, delete my links. Anyway read how one admin given me the authority.
[img][/img]

sfs ada kiyatda yaida??

thushanthalk wrote:

smallville wrote:good one thushantha, still u cant give up promoting ur blog at the end know? he hee..

Hmmm.. thanks for the analysis BTW..

Quibit given me authority to publish my link end of the article. But you or somebody deleting that. If I want to promote my site I can create so many user names here and promote. But I don't do so. But If you disrupt me again and again I won't post my article here. I do it only in my blog. then member in here wanted to read my article they have to find my blog.
I am posting my link everywhere I can with brief of article. But I publish whole article here and put my link end of the article based on guideline given by Quibit. Even promoting site is violation and deleting, but promotion of shares ok here.
Anyway my blog visitors never be a members of that. Therefore they don't hang out your site.

AlsoI must say you, most time I use this site I am clicking adds here also. Because I wanted to given chance to all sri lankan to get google's money. That is foreign currency. That will simultaneously help sri lanka to increase their foreign currency float.
If somebody wants, delete my links. Anyway read how one admin given me the authority.
[img][/img]

Boss, promotion of shares also not allowed, as soon as we see that even those get deleted if those are without proper backing.. That's to safeguard the members here...

U can even create so many user names but once we see the promotions, the rest assured

Previously u used to publish half of the post and requested to refer the blog for the rest, so that's why I said promotion not allowed..Now I can see u publish all.. good stuff..keep it up..

Anyways I'm really sorry I was in ur way.. Since u've been so good to bring foreign currency as well I'm taking this opportunity to thank ur generosity towards SL community..

OK Big boss.. U got the moves so I'm outta here.. U can publish all analysis from now on.. Cheers!!

smallville wrote:

Boss, promotion of shares also not allowed, as soon as we see that even those get deleted if those are without proper backing.. That's to safeguard the members here...

U can even create so many user names but once we see the promotions, the rest assured

Previously u used to publish half of the post and requested to refer the blog for the rest, so that's why I said promotion not allowed..Now I can see u publish all.. good stuff..keep it up..

Anyways I'm really sorry I was in ur way.. Since u've been so good to bring foreign currency as well I'm taking this opportunity to thank ur generosity towards SL community..

OK Big boss.. U got the moves so I'm outta here.. U can publish all analysis from now on.. Cheers!!

Thanks Smallville, I found you are very helpful in this forum. You comment and urge me to do valuable things. Not only you but also other moderators are helpful.Thanks. Urge all the members to learn and trade.

you r outta here smallville? are u kidding

Sorry, this post and replies have missed my attention until now.

Thushanthalk, I gave you permission to have your link at the end of the full Article. This is the similar way anyone is allowed to post LBO, FT and Daily Mirror or any other article in the forum. This was given as a courtesy to you and respect for your valuable analysis although your site is not an official news media.

After my kind gesture, you continued to post links without proper articles, hence I was compelled to reactivate the auto delete feature on your website. According to this feature any website link that ends with blog.. will automatically get deleted without any manual effort. This why your links are automatically getting deleted.

Please refrain from accusing moderators who are doing a thankless job.