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ASI is floating between 5400-5500 from Feb.22 over one month

+4
kam2011
anjelo
bullrun
Rajaraam
8 posters

Go down  Message [Page 1 of 1]

Rajaraam


Vice President - Equity Analytics
Vice President - Equity Analytics

Let us look at some interesting figures in the histry.
During the period from 2009-02-26 to 2009-04-16 ASI has been stabilsed at 1600-1700 level for one and half months. Pl. see following figures;

2009-02-26 ASI 1,698.60
2009-02-27 ASI 1,694.14
2009-03-02 ASI 1,671.69
2009-03-03 ASI 1,639.47
2009-03-04 ASI 1,628.83
2009-03-05 ASI 1,616.06
2009-03-06 ASI 1,627.70
2009-03-09 ASI 1,630.70
2009-03-11 ASI 1,637.92
2009-03-12 ASI 1,634.25
2009-03-13 ASI 1,632.87
2009-03-16 ASI 1,619.82
2009-03-17 ASI 1,612.33
2009-03-18 ASI 1,618.84
2009-03-19 ASI 1,626.05
2009-03-20 ASI 1,621.81
2009-03-23 ASI 1,627.91
2009-03-24 ASI 1,625.48
2009-03-25 ASI 1,637.23
2009-03-26 ASI 1,636.96
2009-03-27 ASI 1,648.44
2009-03-30 ASI 1,644.59
2009-03-31 ASI 1,638.06
2009-04-01 ASI 1,639.76
2009-04-02 ASI 1,636.33
2009-04-03 ASI 1,637.19
2009-04-06 ASI 1,652.80
2009-04-07 ASI 1,675.21
2009-04-08 ASI 1,676.18
2009-04-15 ASI 1,683.44
2009-04-16 ASI 1,691.98
From 2009-04-17 ASI has started a run;

2009-04-17 ASI 1725
2009-05-18 ASI 2030
2009-06-17 ASI 2342
2009-06-26 ASI 2452
Within 3 months about 44.4% increase.

Again ASI was stabilised at 2500-2600 level for one month during July/August 2009. Details given below;

2009-07-27 ASI 2,520.14
2009-07-28 ASI 2,520.11
2009-07-29 ASI 2,510.01
2009-07-30 ASI 2,511.85
2009-07-31 ASI 2,525.70
2009-08-03 ASI 2,512.15
2009-08-04 ASI 2,517.51
2009-08-06 ASI 2,527.62
2009-08-07 ASI 2,529.53
2009-08-10 ASI 2,522.77
2009-08-11 ASI 2,524.92
2009-08-12 ASI 2,508.86
2009-08-13 ASI 2,510.81
2009-08-14 ASI 2,501.19
2009-08-17 ASI 2,500.46
2009-08-18 ASI 2,530.68
2009-08-19 ASI 2,523.04
2009-08-20 ASI 2,524.62
2009-08-21 ASI 2,522.92
2009-08-24 ASI 2,530.46
2009-08-25 ASI 2,547.44
2009-08-26 ASI 2,553.03
2009-08-27 ASI 2,588.04

From 28.08.2009 ASI started a run;

2009-08-28 ASI 2601
2009-09-28 ASI 2893
2009-10-28 ASI 3005
Within 3 months about 19.2% increase.

Again ASI was stabilised at 4200-4300 level for one month during May/June 2010. Details given below;

2010-05-03 ASI 4,219.22
2010-05-04 ASI 4,205.51
2010-05-05 ASI 4,219.76
2010-05-06 ASI 4,219.60
2010-05-07 ASI 4,223.13
2010-05-10 ASI 4,222.04
2010-05-11 ASI 4,215.22
2010-05-12 ASI 4,229.41
2010-05-13 ASI 4,242.67
2010-05-14 ASI 4,252.44
2010-05-17 ASI 4,242.49
2010-05-18 ASI 4,257.67
2010-05-19 ASI 4,243.54
2010-05-21 ASI 4,235.69
2010-05-24 ASI 4,232.92
2010-05-25 ASI 4,226.49
2010-05-26 ASI 4,250.99
2010-05-31 ASI 4,237.16
2010-06-01 ASI 4,258.80

From 2010-06-02 ASI started a run;
2010-06-02 ASI 4,300
2010-07-02 ASI 4,593
2010-08-02 ASI 5,182
Within 3 months about 22.8% increase.

Again ASI was stabilised at 5400-5500 level ( exept for 3 days 5397,5384 and 5349) for one month during Feb/March 2012. Details given below;

2012-02-27 ASI 5,476.59
2012-02-28 ASI 5,431.67
2012-02-29 ASI 5,458.09
2012-03-01 ASI 5,469.68
2012-03-02 ASI 5,460.19
2012-03-05 ASI 5,464.81
2012-03-06 ASI 5,477.67
2012-03-08 ASI 5,456.51
2012-03-09 ASI 5,456.27
2012-03-12 ASI 5,424.46
2012-03-13 ASI 5,423.26
2012-03-14 ASI 5,418.07
2012-03-15 ASI 5,397.20
2012-03-16 ASI 5,449.05
2012-03-19 ASI 5,449.46
2012-03-20 ASI 5,414.02
2012-03-21 ASI 5,384.10
2012-03-22 ASI 5,349.70
2012-03-23 ASI 5,422.33
2012-03-26 ASI 5,430.96
2012-03-27 ASI 5,425.00

If we believe histry will repeat

2012-04=27 ?
2012-05-27 ?

Can we expect a bull run soon. I welcome your views.

bullrun

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

Almost all counters are at bargain level. Companies are performing well. Dividends, bonus eights issues everything are there. Market has come down due to non performance related problems such as;

1. Too much regulatory steps taken by the regulators.
2. Deliberate misrepresentations with the intention of jeopardize the market.
3. Uncertainty among investors due to uncertainty in the political arena especially due to different interest of the ruling government.
4. Outside incidents such as world economics recession and the treats of International bodies for so called human right violations.

All bad clouds are padding away slowly and good time to come if Iran matter settles well.

Accordingly market has to go up definitely either by way of quick re-bounce or slowly development.
[quote]

anjelo

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

yep.... i dont think the market will crash again for some time....... people profited last time.. this time others are eying it too.. so it wont crash...

kam2011


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

I agree with you anjelo, As per original post under this thread very soon market should go up. May be after new year.

nkuda


Manager - Equity Analytics
Manager - Equity Analytics

Rajaraam, Appreciate your good effort, I also feel some positive future of market.

Rajaraam


Vice President - Equity Analytics
Vice President - Equity Analytics

[quote="bullrun"]Almost all counters are at bargain level. Companies are performing well. Dividends, bonus eights issues everything are there. Market has come down due to non performance related problems such as;

1. Too much regulatory steps taken by the regulators.
2. Deliberate misrepresentations with the intention of jeopardize the market.
3. Uncertainty among investors due to uncertainty in the political arena especially due to different interest of the ruling government.
4. Outside incidents such as world economics recession and the treats of International bodies for so called human right violations.

All bad clouds are padding away slowly and good time to come if Iran matter settles well.

Accordingly market has to go up definitely either by way of quick re-bounce or slowly development.

Very good points bullrun. Thanks.

manula


Vice President - Equity Analytics
Vice President - Equity Analytics

[quote="Rajaraam"]
bullrun wrote:Almost all counters are at bargain level. Companies are performing well. Dividends, bonus eights issues everything are there. Market has come down due to non performance related problems such as;

1. Too much regulatory steps taken by the regulators.
2. Deliberate misrepresentations with the intention of jeopardize the market.
3. Uncertainty among investors due to uncertainty in the political arena especially due to different interest of the ruling government.
4. Outside incidents such as world economics recession and the treats of International bodies for so called human right violations.

All bad clouds are padding away slowly and good time to come if Iran matter settles well.

Accordingly market has to go up definitely either by way of quick re-bounce or slowly development.

Very good points bullrun. Thanks.

good points but i think we can agree mainly with point 1 and 3 only... market want a big push from EPF or foreign buying ... then we can have a swing market behavior...

Rajaraam


Vice President - Equity Analytics
Vice President - Equity Analytics

nkuda wrote:Rajaraam, Appreciate your good effort, I also feel some positive future of market.

nkuda, It is not so far.

sriranga

sriranga
Co-Admin

Really appreciate your points.
Thanks for sharing.

http://sharemarket-srilanka.blogspot.co.uk/

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics


Good statistics and points. Thanks you.

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