Much better green

laksharemk · 1 Much better green Tue Jul 26, 2011 1:36 pm

laksharemk

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Today green seems to be much better than previous ones.
Higher number of positive contributors (162) and few negative (51).
No single large positive contributor.
Good turnover and buying pressure.

Just an observation and not a prediction that this will sustain.
Confirmation on sustainable uptrend is yet to be received.

Suthar · 2 Re: Much better green Tue Jul 26, 2011 1:52 pm

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hAS TO AGREE WITH U

sanjaya351 · 3 Re: Much better green Tue Jul 26, 2011 2:21 pm

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YES ..LETS HOPE FOR THE BEST ..

thusit · 4 Re: Much better green Tue Jul 26, 2011 2:25 pm

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Too early to predict the market, It seems to me this uptrend is artificial improvement. well organize execution by brokers. think , at the morning market was red, suddenly it went up unbelievably. from where these buyers came suddenly ?, Past days all brokers reply was market will be up next week.
I think brokers put a momentum to the market. next question is is it going to be work ?
best thing is wait and see what will be happening coming days

do not lost your money today's buying

chandimal · 5 Re: Much better green Tue Jul 26, 2011 3:11 pm

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thusit wrote:Too early to predict the market, It seems to me this uptrend is artificial improvement. well organize execution by brokers. think , at the morning market was red, suddenly it went up unbelievably. from where these buyers came suddenly ?, Past days all brokers reply was market will be up next week.
I think brokers put a momentum to the market. next question is is it going to be work ?
best thing is wait and see what will be happening coming days

do not lost your money today's buying

yes,i think you are correct

laksharemk · 6 Re: Much better green Tue Jul 26, 2011 3:23 pm

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Yes it is too early to get a confirmation on a sustainable uptrend.
Need to monitor for several days and decide.

sajeethk · 7 Re: Much better green Tue Jul 26, 2011 7:02 pm

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if the market be a same level without further going down i think it will be gradually will go up when the quarterly report come in next month..

Namalaka · 8 Re: Much better green Tue Jul 26, 2011 7:30 pm

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thusit wrote:Too early to predict the market, It seems to me this uptrend is artificial improvement. well organize execution by brokers. think , at the morning market was red, suddenly it went up unbelievably. from where these buyers came suddenly ?, Past days all brokers reply was market will be up next week.
I think brokers put a momentum to the market. next question is is it going to be work ?
best thing is wait and see what will be happening coming days

do not lost your money today's buying

I agree with you. This might be an artificial rising. It's too early to say that this is the turning point.
However, let's hope for the best.

laksharemk · 9 Re: Much better green Wed Jul 27, 2011 2:59 pm

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121 positive contributors and 77 negative contributors, 1.9B turnover with 0.18% positive change to ASI.
No single major contributor for ASI.

Didn't see too much of positivity and panic selling either which is also a good sign (Just wondering whether the start of Denial Phase, but frankly not sure)

We need to monitor closely in next few days. Still no confirmation on sustained up trend.

laksharemk · 10 Re: Much better green Thu Jul 28, 2011 2:46 pm

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197 positive contributors 20 negative contributors, 1.5B turnover and 2.71% increase of ASI.
ASI increase dominated by blue chips (SLT, JKH, etc).

This can be because of the positive news expected but not yet confirmed or announced official, hence low volumes since sellers don't want to sell low and playing the waiting game and buyers are bullish but bit cautious.
Now the overall direction seems highly dependent on this news and if turned against it can have considerable impact.
But i feel too fast is unstable and slow and steady is much better and reliable.
Just my own thoughts based on my observations and we all need to analyze closely and decide. So pls share your own thoughts for or against.

Aamiable · 11 Re: Much better green Thu Jul 28, 2011 3:24 pm

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This time green in CSE seem to be strong and sustainable. .....Look like credit clearance and force selling has come to an end. ...... Sound sustainable growth is capable of attracting more investments. ....Foriengn investors would also return to a market with minimum unregulated credit. ......Corporate earnings and next quarter results would drive the market to new heights.

Smile

MJ · 12 Re: Much better green Thu Jul 28, 2011 4:06 pm

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Things looking positive, especially with 85% + counters up for the day.

It was gradual from morning, but high buying pressure towards the end of the day...expecting the market to have the same momentum tomorrow.

Majority of the investors are holding on to their shares, Expecting the market to recover from It s downfall within next few weeks.
Quarterly reports will come to the market within the next few days…Which would definitely give a boost.

3 consecutive days of Green was a rare sight during last 6 months,
The way market behaved within last 2-3 days was very promising, Can expect to have a few more days of GREEN.

Wish for the best !!!

Gaja · 13 Re: Much better green Thu Jul 28, 2011 4:28 pm

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If the market failed keep the price increase of today at the same level at least, the results of the days to come will be disaster!, it will be good most of the shares move up at a steady speed than few up in huge percentages? What do you think friends

laksharemk · 14 Re: Much better green Fri Jul 29, 2011 10:50 am

laksharemk

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Gaja wrote:If the market failed keep the price increase of today at the same level at least, the results of the days to come will be disaster!, it will be good most of the shares move up at a steady speed than few up in huge percentages? What do you think friends

Correct, if the movement is steady with higher number of positive contributors it is good. This is happening today up to now. Let's monitor closely for today and meantime expect that investor expectations will not be turned down with some negative news. Our people are used to over react for these and create the vicious cycle again. The important milestone of 6800 suggested by senior forum members is closing BTW (now @ 6770). Let's hope for the best cheers

Aamiable · 15 Re: Much better green Fri Jul 29, 2011 11:19 am

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Stocks rise on actual funds would sustain......others unpredictable...need at least 5 days continues trend...still it is safer with real investments….

san1985 · 16 Re: Much better green Fri Jul 29, 2011 12:28 pm

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ASI 6839 +185
MPI 6222 +144

Aamiable · 17 Re: Much better green Fri Jul 29, 2011 1:04 pm

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Overall all Smile

shares in the portfolio recover, hope there are no credit issues again

laksharemk · 18 Re: Much better green Fri Jul 29, 2011 3:30 pm

laksharemk

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206 positive contributors and 23 negatives, ASI up by 2.88%, most importantly the turnover was 3.1B, a significant increase.
Observations, the ASI and turnover driven by Carsons group, GRAN, TAFL.
The movements of speculative shares also observed.
The doubt is whether the bulls are day traders and short term investors, which is not healthy for sustainable growth. Further when climbing the wall is too fast the slop of the wall can be even faster.

Feel that the market demand few days of consolidation and the continued positivity in investor mind (of cause with positive news) for a sustainable uptrend.

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Much better green

1 Much better green Tue Jul 26, 2011 1:36 pm

laksharemk

2 Re: Much better green Tue Jul 26, 2011 1:52 pm

Suthar

3 Re: Much better green Tue Jul 26, 2011 2:21 pm

sanjaya351

4 Re: Much better green Tue Jul 26, 2011 2:25 pm

thusit

5 Re: Much better green Tue Jul 26, 2011 3:11 pm

chandimal

6 Re: Much better green Tue Jul 26, 2011 3:23 pm

laksharemk

7 Re: Much better green Tue Jul 26, 2011 7:02 pm

sajeethk

8 Re: Much better green Tue Jul 26, 2011 7:30 pm

Namalaka

9 Re: Much better green Wed Jul 27, 2011 2:59 pm

laksharemk

10 Re: Much better green Thu Jul 28, 2011 2:46 pm

laksharemk

11 Re: Much better green Thu Jul 28, 2011 3:24 pm

Aamiable

12 Re: Much better green Thu Jul 28, 2011 4:06 pm

MJ

13 Re: Much better green Thu Jul 28, 2011 4:28 pm

Gaja

14 Re: Much better green Fri Jul 29, 2011 10:50 am

laksharemk

15 Re: Much better green Fri Jul 29, 2011 11:19 am

Aamiable

16 Re: Much better green Fri Jul 29, 2011 12:28 pm

san1985

17 Re: Much better green Fri Jul 29, 2011 1:04 pm

Aamiable

18 Re: Much better green Fri Jul 29, 2011 3:30 pm

laksharemk

19 Re: Much better green

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