Will ASI sustain the 7,000 tomorrow?

Gaja · 1 Will ASI sustain the 7,000 tomorrow? Wed Aug 17, 2011 8:07 pm

Gaja

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What do you thing all?

CHASE · 2 Re: Will ASI sustain the 7,000 tomorrow? Wed Aug 17, 2011 8:13 pm

CHASE

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today I expect ASI will reach 7200 but I got wrong
tomorrow I expect ASI down to 6950 (Wish I'll be wrong again) scratch

Genting · 3 Re: Will ASI sustain the 7,000 tomorrow? Wed Aug 17, 2011 8:17 pm

Genting

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I think it will remain around 7000 without falling or going up. Today what happen was that people who bought shares last week were booking their profits.

I don't see any reason for ASI falling bellow 7000. However, the political situation will also play some amount of impact on CSE.

RDS · 4 Re: Will ASI sustain the 7,000 tomorrow? Wed Aug 17, 2011 8:23 pm

RDS

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CHASE wrote:today I expect ASI will reach 7200 but I got wrong
tomorrow I expect ASI down to 6950 (Wish I'll be wrong again)

we can't except steady growth till our investors changing their gambling mind. Lot of out of steam. Some are still keep away, sowe waiting to recover loss

Market.Player · 5 Re: Will ASI sustain the 7,000 tomorrow? Wed Aug 17, 2011 9:01 pm

Market.Player

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Most probably tomorrow people will run arround CLND.

Now EAST players are marketing CLND to hit as Rs.80/=. They expect price band today. But, it is not happend. Tomorrow they might roll this share another 10 Rupee.

Other than that ASI will roll arround 6950 - 7050.

invest-abc · 6 Re: Will ASI sustain the 7,000 tomorrow? Wed Aug 17, 2011 9:04 pm

invest-abc

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Genting wrote:I think it will remain around 7000 without falling or going up. Today what happen was that people who bought shares last week were booking their profits.

I don't see any reason for ASI falling bellow 7000. However, the political situation will also play some amount of impact on CSE.

I don't think there is anything to worry about the political stability at this moment. As always small issues will always be there....Therefore, I guess political situation is the last thing that we need to be concerned at the moment. I feel the biggest threat at the moment is the speculation going at CSE. Even after the relaxation of credit rules the most benefited shares were the speculative counters.

worthiness · 7 Re: Will ASI sustain the 7,000 tomorrow? Wed Aug 17, 2011 10:32 pm

worthiness

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Market precariousness is still on. No one can closely forecast what would happen tomorrow. With latest credit relaxation hands on experience from investors would determine the future. However it does not meet ever green future. As we have seen the volume of foreign portfolio (net inflows) has become one of key elements
driving the market up.