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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Maharaja 27/10/2020

Maharaja 27/10/2020

+7
Kipling
kottuwa
geesura
stockback
samaritan
xhunter
Maharaja
11 posters

Go down  Message [Page 1 of 1]

1Maharaja 27/10/2020 Empty Maharaja 27/10/2020 Tue Oct 27, 2020 12:20 pm

Maharaja


Expert
Expert

Dear friends,

Many of you are wondering what is happening in this market. And if you are new to cse with fresh capital, you will surely go wrong with decisions at times like this.

Therefore during these times do not get panic and do selling or buying. Wait until you see a clear direction of the ASI, right now ASI is volatile & misleading. Do not jump into conclusions. Also not only the market, take a look of the country's situation, the economic situations. If you think there is wonderful things happening in our country, you can buy. 

CSE will surely reflect the true situation on its index.Sometimes it will take time. Then your decisions will payback.

Maharaja's recommendation is a strong SELL for the whole market. 

Other members also have different opinions and Maharaja respects those. 



Maharaja

2Maharaja 27/10/2020 Empty Re: Maharaja 27/10/2020 Tue Oct 27, 2020 12:29 pm

xhunter

xhunter
Moderator
Moderator

This is also a recommendation from this guy. check the date, check the market behavior after that date

 Maharaja 27/10/2020 Mahara11

skyrocket likes this post

3Maharaja 27/10/2020 Empty Re: Maharaja 27/10/2020 Tue Oct 27, 2020 12:32 pm

samaritan


Moderator
Moderator

Treat him as an "Expired Expert"!


_________________




The biggest risk in life is not taking any risk at all.

4Maharaja 27/10/2020 Empty Re: Maharaja 27/10/2020 Tue Oct 27, 2020 12:34 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

@Maharaja wrote:Dear friends,

Many of you are wondering what is happening in this market. And if you are new to cse with fresh capital, you will surely go wrong with decisions at times like this.

Therefore during these times do not get panic and do selling or buying. Wait until you see a clear direction of the ASI, right now ASI is volatile & misleading. Do not jump into conclusions. Also not only the market, take a look of the country's situation, the economic situations. If you think there is wonderful things happening in our country, you can buy. 

CSE will surely reflect the true situation on its index.Sometimes it will take time. Then your decisions will payback.

Maharaja's recommendation is a strong SELL for the whole market. 

Other members also have different opinions and Maharaja respects those. 



Maharaja


yes, market searching a direction...

no panic buying and no panic selling also now.


three-four days litgh green then you will understand market direction

5Maharaja 27/10/2020 Empty Re: Maharaja 27/10/2020 Tue Oct 27, 2020 12:44 pm

Maharaja


Expert
Expert

Some members always blame Maharaja when the predictions are against their advantage.

Real situation is these members are stuck with shares at high prices and now they need every body to put money and save their losses. This is why they get angry and start blaming.



Maharaja

6Maharaja 27/10/2020 Empty Re: Maharaja 27/10/2020 Tue Oct 27, 2020 12:44 pm

xhunter

xhunter
Moderator
Moderator

මූ  අර දහඅට සංනියේ  වගේ , එක එක විදියට  ඇඳගෙන  ඇවිල්ල  නටල  බලනව .
අනුකම්පා  කරන්න ඕන, කොන් කරන්න හොද නැහැ , depression වැඩි වෙලා පිස්සුම  කෙළින්න  පටන් ගනියි නැත්නම් .
මනුස්ස ජීවිතයක්නේ .

geesura and skyrocket like this post

7Maharaja 27/10/2020 Empty Re: Maharaja 27/10/2020 Tue Oct 27, 2020 1:20 pm

geesura

geesura
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@xhunter wrote:මූ  අර දහඅට සංනියේ  වගේ , එක එක විදියට  ඇඳගෙන  ඇවිල්ල  නටල  බලනව .
අනුකම්පා  කරන්න ඕන, කොන් කරන්න හොද නැහැ , depression වැඩි වෙලා පිස්සුම  කෙළින්න  පටන් ගනියි නැත්නම් .
මනුස්ස ජීවිතයක්නේ .
ambo shantha

8Maharaja 27/10/2020 Empty Re: Maharaja 27/10/2020 Wed Oct 28, 2020 1:30 pm

Maharaja


Expert
Expert

@Maharaja wrote:Dear friends,

Many of you are wondering what is happening in this market. And if you are new to cse with fresh capital, you will surely go wrong with decisions at times like this.

Therefore during these times do not get panic and do selling or buying. Wait until you see a clear direction of the ASI, right now ASI is volatile & misleading. Do not jump into conclusions. Also not only the market, take a look of the country's situation, the economic situations. If you think there is wonderful things happening in our country, you can buy. 

CSE will surely reflect the true situation on its index.Sometimes it will take time. Then your decisions will payback.

Maharaja's recommendation is a strong SELL for the whole market. 

Other members also have different opinions and Maharaja respects those. 



Maharaja

As predicted the direction is clear now. 


Maharaja

9Maharaja 27/10/2020 Empty Re: Maharaja 27/10/2020 Wed Oct 28, 2020 1:34 pm

kottuwa

kottuwa
Senior Equity Analytic
Senior Equity Analytic

@Maharaja wrote:
@Maharaja wrote:Dear friends,

Many of you are wondering what is happening in this market. And if you are new to cse with fresh capital, you will surely go wrong with decisions at times like this.

Therefore during these times do not get panic and do selling or buying. Wait until you see a clear direction of the ASI, right now ASI is volatile & misleading. Do not jump into conclusions. Also not only the market, take a look of the country's situation, the economic situations. If you think there is wonderful things happening in our country, you can buy. 

CSE will surely reflect the true situation on its index.Sometimes it will take time. Then your decisions will payback.

Maharaja's recommendation is a strong SELL for the whole market. 

Other members also have different opinions and Maharaja respects those. 



Maharaja

As predicted the direction is clear now. 


Maharaja
Ambe bn ubanm maara sathek... market eka watuna gaman ara wassa kaaleta meru eliyata enne aanna eh wageh eliyata enne

10Maharaja 27/10/2020 Empty Re: Maharaja 27/10/2020 Thu Oct 29, 2020 1:28 pm

kottuwa

kottuwa
Senior Equity Analytic
Senior Equity Analytic

HI MAHARAJA!!HOW YOU DOING?

11Maharaja 27/10/2020 Empty Re: Maharaja 27/10/2020 Thu Oct 29, 2020 2:19 pm

Maharaja


Expert
Expert

Zero fundamentals to support the index behavior. Downward trend will be back !



Maharaja

12Maharaja 27/10/2020 Empty Re: Maharaja 27/10/2020 Thu Oct 29, 2020 2:28 pm

Kipling


Expert
Expert

Maharaja aka Mentally Sick Raja
Read The Road to Nandikadal. You will better understand the downward trend. 😀

Cma likes this post

13Maharaja 27/10/2020 Empty Re: Maharaja 27/10/2020 Thu Oct 29, 2020 2:39 pm

geesura

geesura
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@Maharaja wrote:Zero fundamentals to support the index behavior. Downward trend will be back !



Maharaja
MAHARAJA can u pls explain why u see a downward trend...n why are u saying "zero fundamenatls to support the index behavior"

skyrocket likes this post

14Maharaja 27/10/2020 Empty Re: Maharaja 27/10/2020 Thu Oct 29, 2020 4:07 pm

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@Maharaja wrote:Zero fundamentals to support the index behavior. Downward trend will be back !



Maharaja

Zero fundamentals? Have you seen the earnings reports so far? Read and investigate before making statements

15Maharaja 27/10/2020 Empty Re: Maharaja 27/10/2020 Thu Oct 29, 2020 5:53 pm

Rational Investor

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

Maharaja What is your advice Shocked

skyrocket likes this post

16Maharaja 27/10/2020 Empty Re: Maharaja 27/10/2020 Thu Oct 29, 2020 6:12 pm

dayandacool

dayandacool
Moderator
Moderator

Not to promote Maharaja but as we celebrate the rejuvenation of ASI (yes, I was in a deep loss during last 2 weeks too Very Happy ), keep this scenario in the back of your minds. Key is to break the October 2nd High which was 6075 to nullify the H & S pattern. Also we need to see the increment of Market Cap along with the daily turn over. Please note that these scenarios are playing along a long term time spectrum.

I will only be worried if we fail to make a higher high again keeping us floating well above 6000. 

Maharaja 27/10/2020 Head_a10

RJ1010 likes this post

17Maharaja 27/10/2020 Empty Re: Maharaja 27/10/2020 Thu Oct 29, 2020 6:14 pm

xhunter

xhunter
Moderator
Moderator

@Rational Investor wrote:Maharaja What is your advice Shocked
Maharaja 27/10/2020 Mahara13

geesura likes this post

18Maharaja 27/10/2020 Empty Re: Maharaja 27/10/2020 Thu Oct 29, 2020 6:20 pm

DKbogols


Manager - Equity Analytics
Manager - Equity Analytics

Higher High is unlikely in the present scenario - atleast next 3 weeks or so. We must understand that by next week C19 cases will go up - deaths will rise. So next 2 weeks will be an uncertain period. There is a possibility of new curfew areas and extensions to western province lock down. And then comes the budget. Hopefully we can see higher highs after the budget. My guess is that the ASPI will trade between 5600-5900 until the budget and then based on the budget, it will form a gradual bullish run (high highs and lower lows) or a bearish one (lower highs). Overall I am positive that CSE will do well in the medium-long term especially kicking off with C19 vaccine. Just that next few weeks, unsure.

dayandacool likes this post

19Maharaja 27/10/2020 Empty Re: Maharaja 27/10/2020 Thu Oct 29, 2020 6:31 pm

dayandacool

dayandacool
Moderator
Moderator

@DKbogols wrote:Higher High is unlikely in the present scenario - atleast next 3 weeks or so. We must understand that by next week C19 cases will go up - deaths will rise. So next 2 weeks will be an uncertain period. There is a possibility of new curfew areas and extensions to western province lock down. And then comes the budget. Hopefully we can see higher highs after the budget. My guess is that the ASPI will trade between 5600-5900 until the budget and then based on the budget, it will form a gradual bullish run (high highs and lower lows) or a bearish one (lower highs). Overall I am positive that CSE will do well in the medium-long term especially kicking off with C19 vaccine. Just that next few weeks, unsure.

That's my take as well. Hopefully with the budget the upward momentum shall resume. Good time frame of 2 weeks for the swing traders, specially when some financial reports are in the pipe line. Very Happy Very Happy
Not to mention we don't need any lower lows now.

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