52 WEEK LOW --------------------WHAT WILL HAPPEN NEXT?

mdcpk1975 wrote:I feel lot of Sri Lankan investors have failed to identify the trend in CSE...I too identified the trend quit late and so far i am successfull....sometimes greediness have put me into trouble....I beleive in RSI trading...i buy shares analysing the RSI and i never buy shares as soon as the quarter results are released. I buy shares when market behaves dull and sell just before the quarter results are released....for an example BFL i bought around 180 and sold around 240 before the results were released...i had 8000 shares.. utilising same money i again purchased 10000 BFL around 200 ...i did same with TAFL, GRAN and few other shares...by that way...i should also mentioned that i have a good broker from smb who taught me this technique...he advices really well and he says when to buy and when to sell...so far i have earned millions thanx to him....so my advice is enter the stock at correct time and also getout at correct time....basically it is ...buy when others sell and sell when others buy

Yahapalanaya wrote:

mdcpk1975 wrote:I feel lot of Sri Lankan investors have failed to identify the trend in CSE...I too identified the trend quit late and so far i am successfull....sometimes greediness have put me into trouble....I beleive in RSI trading...i buy shares analysing the RSI and i never buy shares as soon as the quarter results are released. I buy shares when market behaves dull and sell just before the quarter results are released....for an example BFL i bought around 180 and sold around 240 before the results were released...i had 8000 shares.. utilising same money i again purchased 10000 BFL around 200 ...i did same with TAFL, GRAN and few other shares...by that way...i should also mentioned that i have a good broker from smb who taught me this technique...he advices really well and he says when to buy and when to sell...so far i have earned millions thanx to him....so my advice is enter the stock at correct time and also getout at correct time....basically it is ...buy when others sell and sell when others buy

Caution about MRP

Industry and Commerce Minister Rishad Badhiutheen said today that the Consumer Affairs Authority had brought in a new set of Maximum Retail Prices (MRP) for six new essential consumer items, and these new prices with immediate effect.

 “The new maximum prices are introduced to safeguard consumers from sudden market price hikes, especially in the forthcoming festival season.

“Prices of five essential items have not been changed, while Maximum Retail Prices (MRPs) have been introduced to six essential items for the first time.

“Small price increments are introduced to only three other items to prevent massive price hikes (of them) by errant traders,” Minister Badhiutheen said.

Accordingly, the six essential items to which Maximum Retail Prices (MRPs) have been introduced for the first time are Masoor Dhal (MRP Rs. 190 per kilo), Potatoes (MRP Rs. 145 per kilo), Big Onion (MRP Rs. 155 per kilo), Chicken Meat (whole chicken- Without skin-MRP Rs 480 per kilo), Packed Wheat Flour (MRP Rs. 95 per kilo) and Dried Chillies (MRP Rs. 355 per kilo).

The five essential items whose prices have not been changed and remains the same (as previously gazetted) are unpacked white sugar (Gazetted price, still at Rs. 87 per kilo), packed white sugar (Gazetted price still at Rs 95 per kilo), unpacked wheat flour (Gazetted price, still at Rs. 87 per kilo), canned fish net weight 425g-drained weight 280g (Gazetted price, still at Rs. 140), and canned fish nett weight 155g-drained weight 105g (Gazetted price, still at Rs 70).

Three other items for which small price increments are introduced are: Chicken meat whole chicken with skin (Increased by Rs. 20 from Gazetted price of Rs. 380 per kilo to Rs 400), imported, unpacked dried sprats (Increased by Rs. 25 from Gazetted price of Rs. 385 per kilo to Rs 410), and imported, packed dried sprats (increased by Rs. 5 from Gazetted price of Rs 425 per kilo to Rs. 430) - See more at: http://www.dailymirror.lk/95927/rishad-mrp-for-six-new-essential-items#sthash.98gEgDqN.dpuf