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.

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


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » ASI hitting 5800

ASI hitting 5800

Go down  Message [Page 1 of 1]

1ASI hitting 5800 Empty ASI hitting 5800 Mon Jan 30, 2012 10:06 am

opfdo

opfdo
Vice President - Equity Analytics
Vice President - Equity Analytics
will see, will it break ?

2ASI hitting 5800 Empty Re: ASI hitting 5800 Mon Jan 30, 2012 10:25 am

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I has already broken.

3ASI hitting 5800 Empty Re: ASI hitting 5800 Mon Jan 30, 2012 10:29 am

Nigel.Machado


Manager - Equity Analytics
Manager - Equity Analytics
i think ASI will start falling.

i guess it is a bull trap.

expect the unexpected

4ASI hitting 5800 Empty Re: ASI hitting 5800 Mon Jan 30, 2012 11:31 am

Nigel.Machado


Manager - Equity Analytics
Manager - Equity Analytics
clear indication of this run being a 'bull trap' arising.

If so index will go below 5450 and then will bounce back. but will surely take quite a long time than it did this time.

bull trap definition: A false signal indicating that a declining trend in a stock or index has reversed and is heading upwards when, in fact, the security will continue to decline.

5ASI hitting 5800 Empty Re: ASI hitting 5800 Mon Jan 30, 2012 11:42 am

dindon1

dindon1
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
see the SLTL contribution towards ASPI.
Only 300 shares done.,Down by 3% and it affects the index drag down.,,

6ASI hitting 5800 Empty Re: ASI hitting 5800 Mon Jan 30, 2012 1:44 pm

Nigel.Machado


Manager - Equity Analytics
Manager - Equity Analytics
@dindon1 wrote:see the SLTL contribution towards ASPI.
Only 300 shares done.,Down by 3% and it affects the index drag down.,,

may be you didn't notice it vice versa.

SLTL contributed a lot to the index when the market moved up.

This run gave many a chance to exit.

7ASI hitting 5800 Empty Re: ASI hitting 5800 Mon Jan 30, 2012 2:43 pm

Appuhamy


Manager - Equity Analytics
Manager - Equity Analytics

yes This run gave many a chance to exit who don't capable of investing and try do discourage others also.

8ASI hitting 5800 Empty Re: ASI hitting 5800 Mon Jan 30, 2012 3:48 pm

Nigel.Machado


Manager - Equity Analytics
Manager - Equity Analytics
let's wait and see.

sometimes those who did exit could end up on the winning side.

when ASI fell upto 5859, market turned green one day and ended up at 5942. then started falling again.

now it did go up close to 5850 & started falling again indicating that this could be a 'Bull Trap'.

when it is a bull trap market usually reach it's previous turning point & starts falling back.

9ASI hitting 5800 Empty Re: ASI hitting 5800 Mon Jan 30, 2012 3:58 pm

Light of Hope


Vice President - Equity Analytics
Vice President - Equity Analytics
@Nigel.Machado wrote:
@dindon1 wrote:see the SLTL contribution towards ASPI.
Only 300 shares done.,Down by 3% and it affects the index drag down.,,

may be you didn't notice it vice versa.

SLTL contributed a lot to the index when the market moved up.

This run gave many a chance to exit.

correct. on Friday I think it went up to 49.8 or something like that. then no complains. Even today enough time to exit with profits.

10ASI hitting 5800 Empty Re: ASI hitting 5800 Mon Jan 30, 2012 4:06 pm

Nigel.Machado


Manager - Equity Analytics
Manager - Equity Analytics
foreign outflow on friday & monday together being about 500mn makes market quite unstable. Plus Average weekly prime lending rates still on the rise, market may move further down.

11ASI hitting 5800 Empty Re: ASI hitting 5800 Mon Jan 30, 2012 6:35 pm

rishanpossitive


Manager - Equity Analytics
Manager - Equity Analytics
Best negative comment award goes to Nigel.Machado. Razz Razz Razz Razz
Who's your boss?

12ASI hitting 5800 Empty Re: ASI hitting 5800 Mon Jan 30, 2012 10:12 pm

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
If this trend continues, ASI will reach up to 5850 - 5910 level at the beginning of February when analyze it technically.

However, selling should take place after buying as the usual process in all share exchanges in all countries. Small and medium upwards and downwards of ASI will be able to seen on upcoming days according to this. Money has come to the market by heavy foreign purchasing and they may go out as well because of heavy selling. Our main investors and players should take suitable actions to keep cash in the market anyway. Many normal investors have left the market because of the heavy fall which was going on along on past few weeks. CSE should do something to invite them again to invest. CSE held so many seminars island wide to attract people to invest in share market. They have ability to do a such thing to attract those people again with positive dimension. Market situation such as economical and financial information, growth, performance should be broadcasted on local medias as well as online medias to express the message of this positive trend to domestic people and foreign people to set their minds to invest.


Increasing the number of "WISE" investors will help to keep the market strong and green because of the qualities and thoughts such as positive expectations, great confidence,powerful investments etc. are increased up with this.

A share market is not an automated system of doing trades and investments. It is a place which provides facilities and allows people to do such things as they own. Actually it is driven by people and they are the main factors. Rising the power of these factors equals to the rising the power of stocks and stock market.

Reactions among 2 or more elements make a compound and characteristics of that elements can be seen in that compound as least nominally.

This is relevant to the share market also.

Smile


13ASI hitting 5800 Empty Re: ASI hitting 5800 Mon Jan 30, 2012 10:22 pm

Nigel.Machado


Manager - Equity Analytics
Manager - Equity Analytics
@rishanpossitive wrote:Best negative comment award goes to Nigel.Machado. Razz Razz Razz Razz
Who's your boss?

thank you!! i'll take it as a compliment.

as per what i think even if the market moves up it cannot sustain it's position above 5940. probably will start declining at 5940 or it may have already started.


probably the bears will outrun the bulls

14ASI hitting 5800 Empty Re: ASI hitting 5800 Tue Jan 31, 2012 1:54 pm

Nigel.Machado


Manager - Equity Analytics
Manager - Equity Analytics
@Appuhamy wrote:
yes This run gave many a chance to exit who don't capable of investing and try do discourage others also.

think to yourself who was wise?? the one who exited at 5850 or the one who bought at 5850?? & who was capable??

Sponsored content


Back to top  Message [Page 1 of 1]

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