Open - 5907.65
High - 5908.25
Low - 5869.36
Close - 5870.47
R4 5,999.36
midpoint 5,979.92
R3 5,960.47
midpoint 5,941.03
R2 5,921.58 --->> Resistance Level 2
midpoint 5,908.81
R1 5,896.03 --->> Resistance Level 1
midpoint 5,889.36
PP 5,882.69
midpoint 5,869.92
S1 5,857.14 --->> Support Level 1
midpoint 5,850.47
S2 5,843.80 --->> Support Level 2
midpoint 5,824.36
S3 5,804.91
midpoint 5,785.47
S4 5,766.02
Conclusion :
Today closed value [5870.47] < Calculated Pivot Point [5,882.69]. Trading below the pivot point indicates bearish sentiment. Next support level is laying around 5,857.14 - 5,843.80 region.
Note :
As I said earlier this correction will continue further. sometime things will change withing the next week as we all expected [At least for few days]. But I don't expect for a supper November or December anymore withing the current situation of the country. It's too early to predict & Most of the time they will take necessary action to do the index manipulations as usual . Anyway there will be many opportunities and it's your responsibility to drag them accordingly. Don't panic, Watch the market behavior carefully. High probability to drag ASPI further to 5800 levels or more.
Please have a look at below Economic Indicators & Forecast
http://www.tradingeconomics.com/sri-lanka/indicators
http://www.tradingeconomics.com/sri-lanka/forecast
Thank You.