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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » SriLankan Stock Market will reach 4350 within next Sinhala Tamil New Year

SriLankan Stock Market will reach 4350 within next Sinhala Tamil New Year

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traderathome


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Mmmm My Bounce off is 5650-5615 Very Happy

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Media always keeps the readers off track conversing the same subject differently perhaps giving more wight to their own agenda. You may realize it by carefully reading on going events of GOSL, CBSL & offshore Geneva events. Whatever, it is sure that such events directly or indirectly create a vacuum in market environment. While appreciating individual's vision on nose-dive, I feel it is the usual reaction from local investors who are exposed to multi color media levels. We could see the how the market behavior reacts against different strength levels in next few days, before bouncing back to expected track again.

timeout


Equity Analytic
Equity Analytic
Preaching to the World to adhere to the UN charter and follow protocol at UN meetings is a counterproductive strategy as much as denying, hiding the head in the sand and claiming the whole World concocted a lie to castigate Sri Lanka. There’s too much anger and fury thrown at the current regime by many international organizations and very powerful governments. Silver lining is there is still ample time for the regime to change the ill-conceived strategy, pull back and implement meaningful measures. Everyone needs to understand that this situation is not going away and a group of countries will act unilaterally, with or without Sri Lanka’s help, to the bitter end. Ordinary citizens and investors will feel the ramifications of every step they take. Just for a second, as investors, consider the combined GDP power of the nations pushing Sri Lanka to the wall. Then consider how far the apparent “allies” are willing to go with the debt ridden tiny nation. This should have been the time for citizens and investors to reap the benefits and not languish in uncertainty. Unless there’s a meaningful outcome, Colombo exchange can only expect a long, sad and unnecessary decline.
Good luck to all.

stockboy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
market will fall around 5500 during next three weeks. before end of march market will bounce back. this the time for selected buying

The Alchemist


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@ABEST wrote:because fuel price hike, UN meeting, and economic growth

What is the Nakath (Auspicious) Time ?

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
To become successful in life, we must know how to handle negative minded people.

Else, they can ruin your life.
They always come to you when you are in vulnerable state of mind.
When you are in jolly good mood they never come to you.

At the same time, some people behave like vultures. They also become active when they see blood Red. They create fear and chase you away to grab valuable Rubies at bargain prices.

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@mark wrote:its a great force sell,just go and check how trades occurs,its not panic selling trades.


ASCO,REEFw19,etc

I never thought REEF.19 would go down than 3.. It was perfectly lying on 78.6% fib @ 3.2 Evil or Very Mad

The main reason could be that due to the GREG saga no one is interested in warrants and even the holders have no clue what will happen so drop it at whatever the value they can claim Rolling Eyes

May be around 2.1 it can create opportunities..

nalaka_sg


Manager - Equity Analytics
Manager - Equity Analytics
I think ,things going to be other way...its going up ...will not go down to 4000..
i miss the chance....

stockboy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
market will reach to 6500 by end of June . no reason to come down

pathfinder

pathfinder
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@ABEST wrote:because fuel price hike, UN meeting, and economic growth

Absolutely right,but it is SPSL 20 i think. lol!

keeper

keeper
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I agree with you stockboy,However it will reach 6200 Level Embarassed

Market Sucker

Market Sucker
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@keeper wrote:I agree with you stockboy,However it will reach 6200 Level Embarassed

it will reach 10000 level,

but our PF?

1 company up but 230 companies down,but market is eventually up Razz

miracle no

Hawk Eye

Hawk Eye
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Again Most of the Companies will not do better in 2013 Qtrs. Due to increaseing COS.

Only doubt I have is why foreign inflow is so much?Do they know something we dont know? I am sure not expecting ASl at below 5000 levels.

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
No reason to come down further

ASI will improve slowly

Antonym

Antonym
Vice President - Equity Analytics
Vice President - Equity Analytics
It is quite possible: The S&P SL20 might cross 4000 within the next 12 months.
But 4350 is a long shot, unless there is a global rally in stocks.

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
If unp come to power market will hit new highs on sentiments. ?..

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Why did you think so at this stage. There is no election close by right?


@traderathome wrote:If unp come to power market will hit new highs on sentiments. ?..

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Govt is becoming week day by day]
Due to economic mismanagement and Mishandling of international affairs

But the problem is opposition is not much strong so far

But opposition is improving slowly
Foreigners understand this situation buying good stocks systermaticly

Market is also will go up slowly.

No reason to come down

sahan8896


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
After new year it's time to break 6000 and go forward. cheers

mark

mark
Expert
Expert
ko giye nane 4350ta,heta awurudu ne

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Abest and Nimantha and others


What is yhour view about the market now? I like to hear your view?

stockboy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
by 2035

sahan8896


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@slstock wrote:Abest and Nimantha and others


What is yhour view about the market now? I like to hear your view?

There were few other like aj,illumnati all have vanished and I think they may be winners now.They may be the same people who promote shares now and bullish on market.

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