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™ » Market situation?

Market situation?

Go to page : Previous  1, 2, 3  Next

Go down  Message [Page 2 of 3]

21Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 1:43 pm

Slstock


Director - Equity Analytics
Director - Equity Analytics
@anjelo wrote:no fundamentals in this market... few hand full of people brings it up and takes it down at will.......

Yes, not at this time in market.

22Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 2:39 pm

traderathome


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
5375 will it be magical Basketball for a trend change.....technically yes it can... Very Happy

23Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 2:50 pm

Slstock


Director - Equity Analytics
Director - Equity Analytics
Yes I remember you mentioning a figure around 5400 when a few of us were talking about the overbought market in 5900-6000 and then it dropped down to 5800s. But looking at individual prices of some stocks, some are getting to be bargain again with the improving drops.


Btw BFL : dropped a lot as some people seems to have "expected" the big drop in earnings. The big selling/collection around Rs 185 should be remembered also. Dec is their strongest quarter and also the 10% chicken price increase with tax cuts should help them hopefully.




@traderathome wrote:5375 will it be magical Basketball for a trend change.....technically yes it can... Very Happy

24Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 2:57 pm

traderathome


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
BFL my cost is 175 i was a bit late and very greedy....the support is around 130-120 for a rebound...but todays drop can even take us to 100 in coming days (keeping in view the ASI pull back completion around 5375) because of the huge fall. my exit would be below 100Rs Very Happy



Last edited by traderathome on Tue Nov 20, 2012 3:45 pm; edited 1 time in total

25Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 3:06 pm

Slstock


Director - Equity Analytics
Director - Equity Analytics
@traderathome wrote:BFL my cost is 175 i was a bit late and very greedy....the support is around 130-120 for a rebound...but todays drop can even take us to 100 in coming days (keeping in view the ASI pull back completion around 5475) because of the huge fall. my exit would be below 100Rs Very Happy


BFL lowest so far this year was around Rs 109. If it goes there wonder what price TAFL and GRAN would be at Rs 30-35?

Talk about extreme volatility .

26Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 3:46 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
sorry for the typo it should be 5375 not 5475asi cyclops

27Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 3:52 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Month of December going to be overall better.....not technical....but a gut feeling Basketball

28Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 4:02 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@traderathome wrote:Month of December going to be overall better.....not technical....but a gut feeling Basketball

I hope so. History says fun can ( notice can not will) start sometime in 3 or 4 weeks in Dec. But who knows. So until the next run lets hang on.

29Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 4:06 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
@slstock wrote:
@traderathome wrote:Month of December going to be overall better.....not technical....but a gut feeling Basketball

I hope so. History says fun can ( notice can not will) start sometime in 3 or 4 weeks in Dec. But who knows. So until the next run lets hang on.

Overall better to those have cash in hand.

30Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 5:22 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Redda do you got some green to lend i mean monaru (kola pata) Very Happy if possible a bundle of 1000s would do awful lot of good to me these days farao

31Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 5:25 pm

CSEStockWatch


Senior Equity Analytic
Senior Equity Analytic
@traderathome wrote:BFL my cost is 175 i was a bit late and very greedy....the support is around 130-120 for a rebound...but todays drop can even take us to 100 in coming days (keeping in view the ASI pull back completion around 5375) because of the huge fall. my exit would be below 100Rs Very Happy


I do not worry on short term issues that affect on bottom line while Q by Q growth in top line is there. BFL revenue increases about 20% average on each quarter. Think about there bottom line when all these issues are sorted. A U turn can be expected from next Q onward.

32Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 5:27 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
my PF is bleeding RED with -11% cheers cherry

33Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 5:37 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
අපේ ෆොරම් එකත් CSE එක වගෙ. කමෙන්ට් නැතුව හිටිය පොස්ට් එකට මෙ එන්නෙ කමෙන්ට්. බුල් පටන් ගත්තම ඉන්වෙස්ටර්ස්ල හෝගාල එනව වගෙ.ජය වෙවා

Anyway good time to analyse share that are still trading just over June prices but the earnings are improving.

34Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 5:56 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@traderathome wrote:my PF is bleeding RED with -11% cheers cherry


I remember someone in the forum having a signature saying if we cannot bear to take looses we should not be investing in stock markets.

I am sure you are not that worried.

35Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 6:12 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
my signature is different....... Very Happy not at all...just reflectingon my current position some are closing on to exit but others not a worry and they havent hit the threshold to push the panic button.

TAH Smile

36Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 8:03 pm

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Dear slstock,

Thank you for your advice Sir. You statement is totally correct. If there is the patience, the victory is achieved.
The reason of posting that is shown by you at the bottom of your comment. "I'm a short term trader".
However, if there is any chance, I don't miss it.

I never sell even a single share at a loss. I'm holding till I see the light end of the tunnel and, at the same I kindly request all to follow that.

If someone have a strong financial ability, he or she can start buying slowly. Catch only the fundamentally strong shares. It will be a hidden source of profit.
If you don't have holding power, just keep away. Don't put your hands into the flame and get it burned.

Happy Trading For All! Very Happy

37Market situation? - Page 2 Empty Re: Market situation? Wed Nov 21, 2012 10:42 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Roboticfx wrote:Dear slstock,

Thank you for your advice Sir. You statement is totally correct. If there is the patience, the victory is achieved.
The reason of posting that is shown by you at the bottom of your comment. "I'm a short term trader".
However, if there is any chance, I don't miss it.

I never sell even a single share at a loss. I'm holding till I see the light end of the tunnel and, at the same I kindly request all to follow that.

If someone have a strong financial ability, he or she can start buying slowly. Catch only the fundamentally strong shares. It will be a hidden source of profit.
If you don't have holding power, just keep away. Don't put your hands into the flame and get it burned.


Happy Trading For All! Very Happy


Well said RoboticFX.


Btw, the market as of now has entered the over sold region on techincal grounds. How much more lower people will be willing to sell. Let see. Fear can do weird things.


38Market situation? - Page 2 Empty Re: Market situation? Wed Nov 21, 2012 11:12 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Okay TAH we are at 5375 now . Lets watch how much more certain shares become bargains. Your MAL dream came true sooner than expected.

39Market situation? - Page 2 Empty Re: Market situation? Wed Nov 21, 2012 12:31 pm

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@nimantha80 wrote:RED WHOLE WEEK.5300.
getting close.

40Market situation? - Page 2 Empty Re: Market situation? Wed Nov 21, 2012 1:18 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@slstock wrote:Okay TAH we are at 5375 now . Lets watch how much more certain shares become bargains. Your MAL dream came true sooner than expected.
revised buy order now at 4.2 becoming very shrewd and greedy Very Happy

41Market situation? - Page 2 Empty Re: Market situation? Thu Nov 22, 2012 12:01 pm

Expert

Expert
Manager - Equity Analytics
Manager - Equity Analytics
My observations:

ASI moved below 50-day Moving Average on 24th October and touched it again on 25th October and now remains below it.

ASI has been moving up and down between 50-day and 200-day Moving Average since then and now very close to the 200-day MA. Yesterday's (21st November 2012) closing ASI was 5360.60 and 200-day MA was 5313.23.

MACD 12,26,9 on ASI gave a SELL signal on 20th November.

Relative strength of ASI yesterday 21st November is below the 30 mark and was at 25.31.

These figures were taken from DFN-TWS.

Please add your observations and also your interpretations if there are any, based on these and also your observations.

Though the above sounds negative, so far, today, up to now, the ASI has moved up by about 1%.

42Market situation? - Page 2 Empty Re: Market situation? Thu Nov 22, 2012 3:13 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@traderathome wrote:
@slstock wrote:Okay TAH we are at 5375 now . Lets watch how much more certain shares become bargains. Your MAL dream came true sooner than expected.
revised buy order now at 4.2 becoming very shrewd and greedy Very Happy
Very Happy not at teh same price paid .20cents more Razz

43Market situation? - Page 2 Empty Re: Market situation? Thu Nov 22, 2012 4:42 pm

sanju351

sanju351
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@traderathome wrote:
@traderathome wrote:
@slstock wrote:Okay TAH we are at 5375 now . Lets watch how much more certain shares become bargains. Your MAL dream came true sooner than expected.
revised buy order now at 4.2 becoming very shrewd and greedy Very Happy
Very Happy not at teh same price paid .20cents more Razz

44Market situation? - Page 2 Empty Re: Market situation? Thu Nov 22, 2012 8:38 pm

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Expert wrote:My observations:

ASI moved below 50-day Moving Average on 24th October and touched it again on 25th October and now remains below it.

ASI has been moving up and down between 50-day and 200-day Moving Average since then and now very close to the 200-day MA. Yesterday's (21st November 2012) closing ASI was 5360.60 and 200-day MA was 5313.23.

MACD 12,26,9 on ASI gave a SELL signal on 20th November.

Relative strength of ASI yesterday 21st November is below the 30 mark and was at 25.31.

These figures were taken from DFN-TWS.

Please add your observations and also your interpretations if there are any, based on these and also your observations.

Though the above sounds negative, so far, today, up to now, the ASI has moved up by about 1%.

Thanks for your observation and publishing the data. It tells that the market is at an extreme oversold situation. However, I think an acceleration is needed to pull up and also we may see some small green days. No sufficient info to predict the frustration of the tend.

Retail investors are trying to get out and expect short and small return and get more losses.
Some large investors are broken heart and keep away. I met few of those medium investors recently, and they expressed that their idea was holding till pass the boundary of dark. After the departure of excited retailers, most probably market may show an upward movement. I'm not sure about it. However, big people must not put their invisible hands into the market and shake it. Otherwise, we will be in the same pit along and along.

45Market situation? - Page 2 Empty Re: Market situation? Thu Nov 22, 2012 8:50 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Day by Day from your first post here last year, I look with admiration how much you have grown and growing with time. Keep it up. You will have a good future.



@Roboticfx wrote:
@Expert wrote:My observations:

ASI moved below 50-day Moving Average on 24th October and touched it again on 25th October and now remains below it.

ASI has been moving up and down between 50-day and 200-day Moving Average since then and now very close to the 200-day MA. Yesterday's (21st November 2012) closing ASI was 5360.60 and 200-day MA was 5313.23.

MACD 12,26,9 on ASI gave a SELL signal on 20th November.

Relative strength of ASI yesterday 21st November is below the 30 mark and was at 25.31.

These figures were taken from DFN-TWS.

Please add your observations and also your interpretations if there are any, based on these and also your observations.

Though the above sounds negative, so far, today, up to now, the ASI has moved up by about 1%.

Thanks for your observation and publishing the data. It tells that the market is at an extreme oversold situation. However, I think an acceleration is needed to pull up and also we may see some small green days. No sufficient info to predict the frustration of the tend.

Retail investors are trying to get out and expect short and small return and get more losses.
Some large investors are broken heart and keep away. I met few of those medium investors recently, and they expressed that their idea was holding till pass the boundary of dark. After the departure of excited retailers, most probably market may show an upward movement. I'm not sure about it. However, big people must not put their invisible hands into the market and shake it. Otherwise, we will be in the same pit along and along.

Sponsored content


Back to top  Message [Page 2 of 3]

Go to page : Previous  1, 2, 3  Next

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