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Sri Lanka Equity Forum » Stock Market Talk » ASPI Heading Towards 7000+

ASPI Heading Towards 7000+

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1ASPI Heading Towards 7000+ Empty ASPI Heading Towards 7000+ on Wed Apr 16, 2014 8:58 am

SHARK aka TAH

SHARK aka TAH
Expert
Expert
Last time i checked the ASPI chart, i came across that major correction on the Index is over and the Index is heading towards ASI 7000. What do you think ?
I will post a chart shortly.....

There will be no more major corrections on the cards until 6200, 6500 & 7000 this time around.

Please do not treat this as a promotion, because the Chart indicates a clear trend towards these levels....

Appreciate your views

2ASPI Heading Towards 7000+ Empty Re: ASPI Heading Towards 7000+ on Wed Apr 16, 2014 9:02 am

SHARK aka TAH

SHARK aka TAH
Expert
Expert
I would handpick few shares to appreciate along with the Index.... SAMP/CITK/JKH/HNB/COMB/NDB/PLC and many more, members can add more to this list

3ASPI Heading Towards 7000+ Empty Re: ASPI Heading Towards 7000+ on Wed Apr 16, 2014 9:03 am

SHARK aka TAH

SHARK aka TAH
Expert
Expert
LLUB/LION/BREW/DFCC

4ASPI Heading Towards 7000+ Empty Re: ASPI Heading Towards 7000+ on Wed Apr 16, 2014 9:05 am

SHARK aka TAH

SHARK aka TAH
Expert
Expert
VONE / Few plantation companies

5ASPI Heading Towards 7000+ Empty Re: ASPI Heading Towards 7000+ on Wed Apr 16, 2014 10:06 am

SHARK aka TAH

SHARK aka TAH
Expert
Expert
ASPI Heading Towards 7000+ Asi10

6ASPI Heading Towards 7000+ Empty Re: ASPI Heading Towards 7000+ on Wed Apr 16, 2014 10:08 am

Pethi

Pethi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
I am telling our investors not to overreact on a day-to-day basis,
But to hang in there because we think better or doom days are ahead.
we are too early to decide the direction yet.
we should get good pulses but i am doubt this is it....!
hang in there with average portfolio. keep more money to average. That's my advise.

7ASPI Heading Towards 7000+ Empty Re: ASPI Heading Towards 7000+ on Wed Apr 16, 2014 10:13 am

shadow walker

shadow walker
Vice President - Equity Analytics
Vice President - Equity Analytics
yep.. market heading to 7000 + slow and easy......

tjl
lioc
lgl

ar also good...

8ASPI Heading Towards 7000+ Empty Re: ASPI Heading Towards 7000+ on Wed Apr 16, 2014 10:52 am

Whyrudeleting


Stock Trader
SHARK wrote:I would handpick few shares to appreciate along with the Index.... SAMP/CITK/JKH/HNB/COMB/NDB/PLC and many more, members can add more to this list

Comment like a politician, well done.

So 280+ may appreciate?

9ASPI Heading Towards 7000+ Empty Re: ASPI Heading Towards 7000+ on Wed Apr 16, 2014 11:11 am

bandulawee


Manager - Equity Analytics
Manager - Equity Analytics
Most I would expect now is 6200 and then back to 5900

10ASPI Heading Towards 7000+ Empty Re: ASPI Heading Towards 7000+ on Wed Apr 16, 2014 1:03 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@shark
What is the predicted time span heading at 6500 level. Such time span can be cross checked with many events to come that impact the market. Thx.

11ASPI Heading Towards 7000+ Empty Re: ASPI Heading Towards 7000+ on Wed Apr 16, 2014 1:06 pm

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics
Its Buy or Die now.

12ASPI Heading Towards 7000+ Empty Re: ASPI Heading Towards 7000+ on Wed Apr 16, 2014 1:46 pm

VALUEPICK

VALUEPICK
Expert
Expert
I am not a technical analyst. I can see base building in stocks that I am following. I would like to have value stocks in my portfolio. We can clearly see base building in some stocks in some groups and sectors such as Banking and Finance, Manufacturing, Food and Beverages and Tea Plantations. We need further study to identify top winners in the market. It is a very difficult task. There are more than 20 sectors in the CSE and I would like to concentrate on not more than 7 sectors or groups. Thank you for posting few attractive value stocks with growth potential.

13ASPI Heading Towards 7000+ Empty Re: ASPI Heading Towards 7000+ on Wed Apr 16, 2014 4:34 pm

dougieboy


Moderator
Moderator
What are you trying to clearly say? I don't understand.

Are you saying AsI won;t run more ?

Should we sell out portfolio now? When should we exit according to this doom days ahead?




@Pethi wrote:I am telling our investors not to overreact on a day-to-day basis,
But to hang in there because we think better or doom days are ahead.
we are too early to decide the direction yet.
we should get good pulses but i am doubt this is it....!
hang in there with average portfolio. keep more money to average. That's my advise.

14ASPI Heading Towards 7000+ Empty Re: ASPI Heading Towards 7000+ on Wed Apr 16, 2014 5:06 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert
@dougieboy wrote:What are you trying to clearly  say?  I don't understand.

 Are you saying AsI  won;t run  more ?

Should we sell out portfolio now? When should we exit according to this doom days ahead?




@Pethi wrote:I am telling our investors not to overreact on a day-to-day basis,
But to hang in there because we think better or doom days are ahead.
we are too early to decide the direction yet.
we should get good pulses but i am doubt this is it....!
hang in there with average portfolio. keep more money to average. That's my advise.
Dougie dont sell anything right now, market is on the move

15ASPI Heading Towards 7000+ Empty Re: ASPI Heading Towards 7000+ on Wed Apr 16, 2014 9:57 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert
SHARK wrote:ASPI Heading Towards 7000+ Asi10
The Index is gradually making Higher Lows & Higher Highs ..... So appreciation is on the cards, just be patient with your holdings  Very Happy 

16ASPI Heading Towards 7000+ Empty Re: ASPI Heading Towards 7000+ on Thu Apr 17, 2014 2:02 am

dougieboy


Moderator
Moderator
Please explain what

a) higher lows
b) higher highs mean

through example.



SHARK wrote:
SHARK wrote:ASPI Heading Towards 7000+ Asi10
The Index  is gradually making Higher Lows & Higher Highs ..... So appreciation is on the cards, just be patient with your holdings  Very Happy 

17ASPI Heading Towards 7000+ Empty Re: ASPI Heading Towards 7000+ on Thu Apr 17, 2014 6:00 am

Pethi

Pethi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
people here talking +7000 levels for long time. I wonder all the members are in oversees????

come out of the glass houses my friends.....go out have some fresh air......Read news (not only financial news)

keep your foot down and and stay awake........ come to consciousness...! and see whats happening around you....!

then you will realize it will go pass +7000,8000 or 10000 levels long term.
I wish if it does....! because I have an average portfolio.

18ASPI Heading Towards 7000+ Empty Re: ASPI Heading Towards 7000+ on Thu Apr 17, 2014 6:10 am

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics
@Pethi wrote:people here talking +7000 levels for long time. I wonder all the members are in oversees????

come out of the glass houses my friends.....go out have some fresh air......Read news (not only financial news)

keep your foot down and and stay awake........ come to consciousness...! and see whats happening around you....!

then you will realize it will go pass +7000,8000 or 10000 levels long term.
I wish if it does....! because I have an average portfolio.
7000 for long term.?Can we think of it this year?

19ASPI Heading Towards 7000+ Empty Re: ASPI Heading Towards 7000+ on Thu Apr 17, 2014 6:18 am

Pethi

Pethi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@dhanurrox wrote:
@Pethi wrote:people here talking +7000 levels for long time. I wonder all the members are in oversees????

come out of the glass houses my friends.....go out have some fresh air......Read news (not only financial news)

keep your foot down and and stay awake........ come to consciousness...! and see whats happening around you....!

then you will realize it will go pass +7000,8000 or 10000 levels long term.
I wish if it does....! because I have an average portfolio.
7000 for long term.?Can we think of it this year?

we should have couple of good pulses to take profit and exit then the doom time begins.
I wish I could see when that begins and end, but feel it is not far away....but when look at long term. Most of the foreign investors are are planning their exit strategies.

they now can invest their countries... US economy is booming.
talk to your relatives in USA..... house prices are going up..... gold prices going down.... unless otherwise surprises.... they are in the driving seat.

we will be the victims of the manipulated market in long run. Invest carefully.... and responsibly... this is the money you have to spend on your family.....!

My advise is don't be too greedy..... you will lose.....lot... BE less greedy and earn less.you will always be a winner at the end of the day

CSE is not playing cricket.

20ASPI Heading Towards 7000+ Empty Re: ASPI Heading Towards 7000+ on Thu Apr 17, 2014 7:52 am

SHARK aka TAH

SHARK aka TAH
Expert
Expert
@dougieboy wrote:Please explain what

a) higher lows
b) higher highs mean

through example.



SHARK wrote:
SHARK wrote:ASPI Heading Towards 7000+ Asi10
The Index  is gradually making Higher Lows & Higher Highs ..... So appreciation is on the cards, just be patient with your holdings  Very Happy 

ASPI Heading Towards 7000+ Asi11
the RSIs and MACD are all indicating towards more gains in coming days, yesterday i thought it would be a dull day back of awurudu season, but stayed GREEN.

The current gains should take us further pass 6200 or more positive territory would be to stay above 6500  cheers 

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