FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

ASI Technical Analysis - 5300.00 in Sight Again - Page 2 Vote_lcap68%ASI Technical Analysis - 5300.00 in Sight Again - Page 2 Vote_rcap 68% [ 178 ]
ASI Technical Analysis - 5300.00 in Sight Again - Page 2 Vote_lcap18%ASI Technical Analysis - 5300.00 in Sight Again - Page 2 Vote_rcap 18% [ 47 ]
ASI Technical Analysis - 5300.00 in Sight Again - Page 2 Vote_lcap13%ASI Technical Analysis - 5300.00 in Sight Again - Page 2 Vote_rcap 13% [ 35 ]

Total Votes : 260

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» LOLC Asia Private Ltd Listing before end 2021
by Swissinvest Today at 10:39 am

» LIOC - Indian Oil Kingpin
by kanishkaecomm Today at 10:15 am

» Exit SEMB If you are in profit good time to realise your profit
by Peris.G Today at 9:51 am

» Lanka Milk Foods PLC
by buddikasmart Today at 9:22 am

» LOLC Group Share Rise Imminent
by Swissinvest Today at 9:14 am

» SCAP 33% Upside Potential
by Swissinvest Today at 9:09 am

» ALLIANCE FINANCE COMPANY PLC (ALLI.N0000)
by buddikasmart Today at 9:08 am

» CLC and LOFC pump and dump
by Gowri123 Today at 7:56 am

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by Biggy Yesterday at 10:27 pm

» CLC placed on a Slingshot . . . !!!
by stockchaser Yesterday at 10:15 pm

» TOKYO CEMENT COMPANY (LANKA) PLC
by soileconomy Yesterday at 10:03 pm

» LIOC WILL HIT TO 38+++
by nish84 Yesterday at 10:03 pm

» Next valuable share - CIC
by cseguide Yesterday at 9:07 pm

» CLC - worth the Investment
by Winner123 Yesterday at 8:44 pm

» LOFC Direction
by Hope123 Yesterday at 8:00 pm

» SEMB.N and SEMB.X
by bkasun Yesterday at 7:11 pm

» BAIRAHA FARMS PLC (BFL.N0000)
by lion Yesterday at 5:28 pm

» Hidden Gem - GLAS - 40/- Soon
by sandamal Yesterday at 2:12 pm

» penny stock rally started
by bkasun Yesterday at 1:47 pm

» COMMERCIAL CREDIT AND FINANCE PLC (COCR.N0000)
by Gaudente Yesterday at 1:04 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » ASI Technical Analysis - 5300.00 in Sight Again

ASI Technical Analysis - 5300.00 in Sight Again

+11
subash81
Love Boy
Winner123
stockback
madukp
SENOX
Saraka
dayandacool
nish84
samaritan
spindain
15 posters

Go down  Message [Page 2 of 1]

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

@madukp wrote:
@SENOX wrote:agree with all the point which has mentioned above,


As we seen last few days market daily turnover reached to 5bn and  then slowly drop to 4bn then 3bn and then 2.5bn., according to this , there's no need any pandamic news to down market , according to price action this has to happen BY 30%, 5680 KEY level is only remaining hope for the recovery , 


Price has been dropped before making its higher high against to previous nearest resistance level,  


Mean market structure is at weak level and sensitive news like covid pandemic has badly effecting to downtrend (according to price action market had to down BY 30% , but in this situation it will be double ,hopefully coming few days will be RED, blood on the floor, Suspect Suspect      

These technicals can't be related to CSE, I'm taking with experience. Today's downfall is a forced one, not a genuine. This can be repeated by several using the pandemic situation and using the fear of margin trading retailers. But the situation will recover in U or V shape in a few weeks.
Correct

madukp and judecroos like this post

kasun_gimhana


Manager - Equity Analytics
Manager - Equity Analytics

When the real economy is deteriorating share market going up. so increasing covid-19 will deteriorate the economy but it is a positive sign for the market because the government will continue quantitative easing. So buy buy companies which have high net asset value(physical asset, not money( monetary asset)  .. sell trading stock ASAP.

judecroos


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

@Winner123 wrote:Holding on shares will give you a higher return than selling at the moment. Last quarter our companies have done really well. So dont panic. This pandemic will come to an end soon.
Thank you for the encouraging words laid here for the benefit of all the members.

Pradeep90


Manager - Equity Analytics
Manager - Equity Analytics

If ASI down to 5000 foreigners will not come until finish the corona..it should recover soon..if not stable current level..

SENOX likes this post

madukp


Expert
Expert

@madukp wrote:
@SENOX wrote:agree with all the point which has mentioned above,


As we seen last few days market daily turnover reached to 5bn and  then slowly drop to 4bn then 3bn and then 2.5bn., according to this , there's no need any pandamic news to down market , according to price action this has to happen BY 30%, 5680 KEY level is only remaining hope for the recovery , 


Price has been dropped before making its higher high against to previous nearest resistance level,  


Mean market structure is at weak level and sensitive news like covid pandemic has badly effecting to downtrend (according to price action market had to down BY 30% , but in this situation it will be double ,hopefully coming few days will be RED, blood on the floor, Suspect Suspect      

These technicals can't be related to CSE, I'm taking with experience. Today's downfall is a forced one, not a genuine. This can be repeated by several using the pandemic situation and using the fear of margin trading retailers. But the situation will recover in U or V shape in a few weeks.

See guys, This is why I have told you don't follow the technicals When someone creates artificial panic selling and same time artificial recovering. Truth is CSE should be in a good position now. All the banks and financials are undervalued. see craps are running rallies. These all are manipulations. So no point in finding out technical support levels on the artificially downturned market.

Pradeep90


Manager - Equity Analytics
Manager - Equity Analytics

Market Down= manipulators +Panic sellers+ covid fear

madukp likes this post

Rational Investor

Rational Investor
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@Pradeep90 wrote:Market Down= manipulators +Panic sellers+ covid fear
+ Promoters from here assisting for the downfall. Very pathetic... pale

madukp likes this post

Sponsored content



Back to top  Message [Page 2 of 1]

Permissions in this forum:
You cannot reply to topics in this forum