Why this Bull run? Will it last?

ansar · 1 Why this Bull run? Will it last? Tue May 07, 2013 6:02 pm

ansar

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I AM SO SORRY THAT I WAS OUT OF THE MARKET FOR SOME TIME. TODAY ONLY I SAW THE BULL ACCIDENTLY. WOW!
CAN SOMEBODY KINDLY TELL ME WHY THIS BULL RUN? Please!
javascript:emoticonp(' Laughing

')Please!

Rapaport · 2 Re: Why this Bull run? Will it last? Tue May 07, 2013 6:44 pm

Rapaport

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I feel due to low valuations and probable interest rate cuts with alot of foreign participation!

I dont feel it is due to any govt efforts what so ever! People are still not happy how things are handled

Cheers!

Slstock · 3 Re: Why this Bull run? Will it last? Tue May 07, 2013 6:46 pm

Slstock

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Yes, this uptrend seems mostly natural ( except for a few shares).

Rapaport wrote:I feel due to low valuations and probable interest rate cuts with alot of foreign participation!

I dont feel it is due to any govt efforts what so ever! People are still not happy how things are handled

Cheers!

worthiness · 4 Re: Why this Bull run? Will it last? Tue May 07, 2013 7:14 pm

worthiness

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@slstock
I feel uptrend will be slower the time it reaches to next resistance level or current wave goes on until last trading date of this week. What is your prediction?

sahan8896 · 5 Re: Why this Bull run? Will it last? Tue May 07, 2013 7:17 pm

sahan8896

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worthiness wrote:@slstock
I feel uptrend will be slower the time it reaches to next resistance level or current wave goes on until last trading date of this week. What is your prediction?

With big ones moving who can guess a resistance level?Can anyone come-up with a resistant level with justifications. Question

bullrun · 6 Re: Why this Bull run? Will it last? Tue May 07, 2013 7:24 pm

bullrun

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Fundamentally sound counters are at bargain level, good corporate results and handsome dividend, high foreign participation with continuous net inflow together with great expectation have resulted for the Bull Run. It will last for two three weeks before a major correction. However, small correction can be expected but will end with green. (Great expectation)

madhawa.h · 7 Re: Why this Bull run? Will it last? Tue May 07, 2013 10:05 pm

madhawa.h

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Dhammika's new investment pushed most of his companies (10% from 280 listed companies).
Some Blue Chips (like SAMP) moved in a rapid way.
And there were more others also.
Seams like a normal drift. but be cautious. Smile

Leon · 8 Re: Why this Bull run? Will it last? Tue May 07, 2013 10:34 pm

Leon

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I thought there were all the more reasons the mkt to go up. So take the opportunity with both hands.

kalum · 9 Re: Why this Bull run? Will it last? Tue May 07, 2013 11:39 pm

kalum

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noticed a good collective buying trend. Some of good shares moved.
It good to see COMB moment. It feel like we are in a good bull trend. but some of the rallies and some index moments still artificial. i have mixed feelings. anyway there are some trading opportunities. be cautious always play with cash!