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.
FINANCIAL CHRONICLE™

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

LISTED COMPANIES

Submit Post

Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» TAP and Greg from Tomorrow
by jaya Yesterday at 11:51 pm

» BOGALA GRAPHITE LANKA PLC (BOGA.N0000)
by jehan008 Yesterday at 9:20 pm

» Top Foreign Trading today
by SAGA Yesterday at 8:40 pm

» Fertilizer ban relaxed: Stock-watch CIC
by SAGA Yesterday at 8:38 pm

» EAST WEST PROPERTIES PLC (EAST.N0000)
by dayandacool Yesterday at 6:44 pm

» TOKYO CEMENT COMPANY (LANKA) PLC
by Vishwanarth Yesterday at 4:06 pm

» Top crossings today
by SAGA Yesterday at 3:07 pm

» HATTON NATIONAL BANK PLC
by Eranx Yesterday at 3:03 pm

» CHOT Massively undervalued share..
by Eranx Yesterday at 2:57 pm

» GRAN/TAFL/BFL
by samaritan Yesterday at 2:20 pm

» PEOPLE'S LEASING & FINANCE PLC
by Eranx Yesterday at 1:16 pm

» L B FINANCE PLC (LFIN.N0000)
by Eranx Yesterday at 12:47 pm

» PRINTCARE PLC (CARE.N0000)
by kanishkaecomm Yesterday at 12:06 pm

» ACCESS ENGINEERING PLC (AEL.N0000)
by samaritan Yesterday at 11:31 am

» Browns bullish on investments in local, international hotels
by samaritan Yesterday at 10:01 am

» SDR allocation reports put CSE in bullish mode; turnover exceeds Rs. 6 billion
by samaritan Yesterday at 9:57 am

» PIRAMAL GLASS CEYLON PLC (GLAS.N0000)
by Vishwanarth Yesterday at 9:27 am

» Sell EXPO Buy EDEN sentiment changed to Exit EXPO Enter EDEN
by Invest-Wise Yesterday at 8:51 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Dilip Yesterday at 8:51 am

» LGL and LMF run on the card
by jaya Tue Aug 03, 2021 11:34 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » NESTLE LANKA PLC (NEST.N0000)

NESTLE LANKA PLC (NEST.N0000)

+59
ColomboCSE
vikiperera
bhanu
hettdas
target1
wisdom79
De23
dhaneenja
samansilva
rukshan1234
Bakka1988
kassachandi
charith666lk
crnsuranjith
VALUEPICK
Gainer
Beta1
kassachandimal
hiransilva23
chamil1
reader
Brinthan
Udara Rangana
EquityChamp
pjrngroup
Quibit
gamaya
Nitro 7
Spoon
Senior Citizen
nimantha80
Teller
player
prabath
Leon
Backstage
D.G.Dayaratne
dhanurrox
Slstock
glad
traderathome
sikka89
smallville
WildBear
malanp
sashimaal
Chinwi
rainmaker
Humble
dudi
mark
Dileepa
salt
NEM
thilankad
Meta Trader
wis
tubal
Gaja
63 posters

Go to page : Previous  1, 2, 3, 4, 5, 6  Next

Go down  Message [Page 2 of 6]

26NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Thu Aug 08, 2013 11:46 am

dudi


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
rain,ex rate of which currency?

27NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Thu Aug 08, 2013 12:02 pm

Chinwi


Associate Director - Equity Analytics
Associate Director - Equity Analytics
Yes.

When they ban Anchor and other milk imports forever.

28NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Thu Aug 08, 2013 2:37 pm

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I was referring to LKR - USD cross rate

A Holland based firm was the global leader. Then Chernobyl occurred and it was all over red rover!

Fonterra was the combination of two large cooperatives to tackle Nestle. A cooperative where individual farmers were brought in as shareholders to encourage production and profit participation

In 2012 in order to raise capital, units were sold and the units were treated like shares with equal dividends. Australian fund manager Perpetual owns 10% of the outstanding units.

However Chinese investors preferred to buy NZ farms directly instead of the units (i.e. it's a cooperative)

Fonterra is large.... very large. It is like Ingham (one of the chicken providers to KFC, McDonalds etc).

Lets see how successful the new milk policy ...... Rolling Eyes

29NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Wed Aug 14, 2013 2:45 pm

sashimaal


Manager - Equity Analytics
Manager - Equity Analytics
May happen sooner than we think lol! 

30NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Thu Aug 15, 2013 1:45 pm

Chinwi


Associate Director - Equity Analytics
Associate Director - Equity Analytics
@sashimaal wrote:May happen sooner than we think  lol! 
Because it is the only listed milk powder producer ?

History Form 2008, (roughly )
appreciated 100% in 13 months
another 100% next 17 months,
another 100%  in next 12 months
total  3.5 years

with the new developments,

100% 2000 -> 4000 in 18 months max
100% 4000 -> 8000 in 18 months
100% 8000 -> 16,000 in 18 months

Total 4.5 years

It can happen in 3.5 to 4.5 years : Between January 2017- and January 2018 !

NOTE: THIS IS JUST MATHEMATICS . Do not take seriously for anything. (for buying or challenging me ) Extrapolation is very dangerous in stock valuation.

31NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Thu Aug 15, 2013 5:26 pm

malanp


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Share trading, mostly reverses to the mean.

we never know, it will reach 600 after 4 years

32NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Thu Aug 15, 2013 6:22 pm

mark

mark
Expert
Expert
ya every upturn is backed by a few crossings,then it go to heaven

33NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Thu Aug 15, 2013 7:07 pm

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Over 90 % is with the main foreign shareholder.

They siphon each and every cent they earn here in Sri lanka to overseas owners. (in billions ) *

Nothing left to make it grow.
Asset value of the share is just 47 Rupees while they earn over 100 rupees per year.

----

* Is this somewhat similar to paying in billions to import milk powder ? (except some cash going to our farmers instead of to NZ farmers )

34NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Thu Aug 15, 2013 7:23 pm

WildBear


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Chinwi wrote:Over 90 % is with the main foreign shareholder.

They siphon each and every cent they earn here in Sri lanka to overseas owners. (in billions ) *

Nothing left to make it grow.
Asset value of the share is just 47 Rupees while they earn over 100 rupees per year.

----

* Is this somewhat similar to paying in billions to import milk powder  ? (except some cash going to our farmers instead of to NZ farmers )
At least they share some value with locals, Jobs to farmers,employers, Government tax and CSR etc,

35NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Thu Aug 15, 2013 10:45 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@malanp wrote:
Share trading, mostly reverses to the mean.

we never know, it will reach 600 after 4 years
Should be in a disaster situation then.. Or if they go for a sub div.

36NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Fri Aug 16, 2013 4:17 pm

sashimaal

sashimaal
Manager - Equity Analytics
Manager - Equity Analytics
@mark wrote:ya every upturn is backed by a few crossings,then it go to heaven
Another crossing happened - at RS 2500

Quantity is bigger than the previous ones

Very Happy 

37NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty NEST going to run? Fri Oct 04, 2013 4:19 pm

mark

mark
Expert
Expert
finally i was tempted to enter to nest and bought 1950-1999.

There was a 10k trade at 1950 yesterday and a crossing done today.

I feel it need a run, btw wil exit if it touch 1850.

Any idea guys?

38NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Fri Oct 04, 2013 4:26 pm

sikka89


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Marka it's not only NEST, it's market.alien alien 

39NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Fri Oct 04, 2013 4:35 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
budu ambooo api owata nehe.. if u have 100 shares and if 100 rupees down, sorry ma thama..

40NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Fri Oct 04, 2013 5:09 pm

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics
how many shares u bought mark, if u think its ok to answer, if not also no issues friend?

I try to buy at 1,870 yesterday but it failed, i wanted less than 10 only

41NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Sat Oct 05, 2013 6:14 am

Dileepa


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Hi mark,
NEST is not going to run, it has a beautiful step function which is very easy to predict Very Happy
(Though I'm surprised by the last spike) 
NESTLE LANKA PLC (NEST.N0000) - Page 2 Nest_r10
Your buy price is kind of optimal.
See that RSI 40 line, It has been below that level only 0.9% of the time for the last 10 years.
So I would say 99% of the time you are pretty much safe cheers 

small,
That doesn't hurt once you build the "nest egg".
(Specially when you know that you are going to get a Rs.60/= dividend)
I was watching this going to 2500 and coming back to 2000  Cool 
As you are a seasoned investor,
I really believe that you should hold this(at lease 10 shares). Wink 
NESTLE LANKA PLC (NEST.N0000) - Page 2 Nest_210

42NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Sat Oct 05, 2013 8:49 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Dear Dileepa,

Coming colours are not good....

I would have sold all NEST NOW.

This is what i see.

I think you have been on the collection spree,I may be wrong but technically its in the SELL towards 1250 levels.

So I would exit all NEST because it broke 2000 level SUPPORT which was for me a mental support for most traders.

I do not own NEST at the moment.

43NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Sat Oct 05, 2013 8:59 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I am looking @ 1600 to 1250 levels. which would be good to re-enter.
Anyways not meant to influence your decision to SELL.

Trade with care
Good Luck
TAH

44NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Sat Oct 05, 2013 9:58 am

glad


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Heard that milk powder prices are set to rise.
What effect will this have?

45NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Sat Oct 05, 2013 10:44 am

dudi


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
some say NEST share price will reach Rs15000 one day

46NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Sat Oct 05, 2013 10:49 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@dudi wrote:some say NEST share price will reach Rs15000 one day
IMO NEST should go for a split to increase liquidity.... Very Happy 

47NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Sat Oct 05, 2013 12:05 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Good suggestion Dileepa, I can afford 10 shares Smile

After Feb 2011, RSI of NEST has come below 40 only 5 times.

On daily chart;
At 1912, ADX gave a BUY crossover but no significant SELL signal yet. And around 1950 MACD & SAR also gave the BUY signal.
However, at 2200, MACD indicated a SELL.

Going by the history, MACD & ADX crossovers had given accurate BUY signals. SELL signals are, however, a bit delayed.

50% Fib is around 1800 (rounded). This Fib value can be deviated from the point the lower value is chosen to draw the Fib. I just chose a point where an uptrend is started.

Now at 1950, ADX BUY crossover signal is visible. But still MACD has not shown anything.
At 1950, we can also see there's this pullback support line from the previous run. I'd wait to see..

NESTLE LANKA PLC (NEST.N0000) - Page 2 Nest_o10

48NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Sat Oct 05, 2013 2:04 pm

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@dudi wrote:some say NEST share price will reach Rs15000 one day
Don't get too optimistic about NEST

NEST market cap in rupees 104b which you can convert to a US$ figure ....

Cadbury (all worldwide operations) was sold for US$19b to Kraft.
Fonterra market cap is around US$9b

.... go figure Razz 





49NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Sat Oct 05, 2013 2:06 pm

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Note that in the above Buffet holds 8% of what used to be called Kraft - now known as Mondelez International (Cadbury and National Milk and Kraft Corporation)

50NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Sat Oct 05, 2013 3:09 pm

Dileepa


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
TAH, small,
It is always interesting to see the views of other technical analysts
and thank you for the interesting inputs study 

TAH, did you considered the trade volume when breaking support level 2000.
Because NEST is giving a lot of false sell signals recently.
NESTLE LANKA PLC (NEST.N0000) - Page 2 Nest_s10
All these red circles are false sell signals generated due to couple of low volume trades.
Most of the time dip was momentarily.

NESTLE LANKA PLC (NEST.N0000) - Page 2 Nest_n10
I have been trying to refine the neural network, but without a success.
Neural network do work for many counters as it learn with the time.
But NEST is an exceptional case.
So be careful when trading NEST on signals.
I failed miserably, and that made me even more curious.
Therefore I'm holding this possibly for the life time. scratch

51NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Sat Oct 05, 2013 3:34 pm

Dileepa


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@rainmaker wrote:
@dudi wrote:some say NEST share price will reach Rs15000 one day
Don't get too optimistic about NEST

NEST market cap in rupees 104b which you can convert to a US$ figure ....

Cadbury (all worldwide operations) was sold for US$19b to Kraft.
Fonterra market cap is around US$9b

.... go figure Razz 
rainmaker,
Sorry I could not understand what you meant to say.
What is the relevance of that sale, Fonterra and Buffet's holding to NEST scratch 
Can you elaborate a bit?

Although NEST does not give a break down on earnings,
It is mainly Milk & Coconut which contribute to profits in SL.
Monthly milk purchase of NEST is about 7Million liters.
All others combined value is less than 1Million liters.
(Not 100%sure, Highland is less than 200K)
It is same for Coconut Milk powder.
Coupled that with zero long term liabilities,
I think NEST is very safe and sound investment.

dudi,
That is a astronomically high figure.
Would like to know who said that and in what time frame?
Looking at the growth rate of last 10 years,
I recon that in 2019 NEST will come close to that figure.

52NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Sun Oct 06, 2013 9:39 am

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Dileepa,

Can u also include or make some alterations in ur simulator to have the following, if its possible;

1) Enter initial investment and date quantity
2) Cash in hand and averaging to have "NO" value in case no more cash infusion
2) to have a buy/sell price box if we buy/sell omiting the signals of the system Wink

For some counter like REEF (I just checked it cuz of hype..) the strategies are not working.. May I know what buy/sell strategy (50 day MA vs 14 day, MACD - RSI - SAR combined, etc..)

Have u tested different strategies to diff counters?

NESTLE LANKA PLC (NEST.N0000) - Page 2 Reef1910

NESTLE LANKA PLC (NEST.N0000) - Page 2 Reef10

Thanks.. Your tool is great.. If one have time, he/she can master the art of buy/sell for best working counters out of this Wink

53NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Sun Oct 06, 2013 5:01 pm

Dileepa


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@smallville wrote:Dileepa,

Can u also include or make some alterations in ur simulator to have the following, if its possible;

1) Enter initial investment and date quantity
2) Cash in hand and averaging to have "NO" value in case no more cash infusion
3) to have a buy/sell price box if we buy/sell omiting the signals of the system Wink
Thanks for the suggestion.
1) & 2) is possible.
Need some time to think about 3) as it involves a lot of what if scenarios. study 
Will update this later.

@smallville wrote:
For some counter like REEF (I just checked it cuz of hype..) the strategies are not working.. May I know what buy/sell strategy (50 day MA vs 14 day, MACD - RSI - SAR combined, etc..)

Have u tested different strategies to diff counters?
Yes I'm aware of the problem.
It is very difficult to have a universal signal generator.
As we discussed here ↓ it is better to test different strategies and identify which works for what scratch 
http://forum.srilankaequity.com/t23436-rsi-as-per-yahoo#140358

Signal generator in DFN sniffer use a combination of MA, RSI & some machine learning.
If you are interested, here is a sample code for DFN without machine learning part.

//------------------------------------------------------------Start
DataArray LMA = MovingAverage(Close, 20, Simple); // Simple 20 day MA of close price
DataArray SMA = MovingAverage(Close, 5, Simple);  // Short Moving Average
DataArray LMAyest = ref(LMA,-1); // Long MA of yesterday
DataArray SMAyest = ref(SMA,-1);
DataArray LMA_2;
DataArray SMA_2;
DataArray LMAyest_2;
DataArray SMAyest_2;
DataArray LMA_3;
DataArray SMA_3;
DataArray LMAyest_3;
DataArray SMAyest_3;
DataArray BuyP;
DataArray Buy_L;
DataArray Buy_N;
DataArray SellP;
DataArray BarCount;
DataArray BuyBarCount;
DataArray SellBarCount;
DataArray Period = 0;

plot(Close,Orange,Solid,1.0); // Daily close price plot
// Sell Signal
if ((LMAyest < SMAyest) and (SMA < LMA)) then
// Search for previous Buy signal and fetch the Buy Price
for(int i = 120; i > 1; i = i-1) do
LMA_2 = ref(LMA,-(i-1));
SMA_2 = ref(SMA,-(i-1));
LMAyest_2 = ref(LMA,-i);
SMAyest_2 = ref(SMA,-i);
if((LMAyest_2 > SMAyest_2) and (SMA_2 > LMA_2)) then
BuyP = ref(Close,-i); // For safety check
end
end
SellP = Close;
end

// Buy Signal
if ((LMAyest > SMAyest) and (SMA > LMA)) then
// Search for previous Buy signal and fetch the Buy Price
for(int i = 120; i > 1; i = i-1) do
LMA_2 = ref(LMA,-(i-1));
SMA_2 = ref(SMA,-(i-1));
LMAyest_2 = ref(LMA,-i);
SMAyest_2 = ref(SMA,-i);
if((LMAyest_2 > SMAyest_2) and (SMA_2 > LMA_2)) then
Buy_L = ref(Close,-i);
for (int j = (i-1); j > 1; j = j-1) do
LMA_3 = ref(LMA,-(j-1))
SMA_3 = ref(SMA,-(j-1))
LMAyest_3 = ref(LMA,-j)
SMAyest_3 = ref(SMA,-j)
if((LMAyest_3 > SMAyest_3) and (SMA_3 > LMA_3)) then
Buy_N = ref(Close,-j);
end
end
end
if (Buy_N < Buy_L) then
BuyP = Buy_N;
else
BuyP = Buy_L;
end
end
end

// Real Signal
drawsymbol((LMAyest > SMAyest) and (SMA > LMA) and (Close < BuyP),BuyArrow,Green,Below); // Buy
drawsymbol((LMAyest < SMAyest) and (SMA < LMA) and ((BuyP*1.1) < SellP),SellArrow,Red,Above); // Sell
//------------------------------------------------------------End
1. Go to Tools -> Indicator Builder from DFN Charting.
2. Copy and past above code.
3. Click Test, Build and Save (Give a name)
4. Right Click on chart area -> Indicators -> Custom Indicators & Select above
Modify the code as necessary.

Ex: To insert a RSI limit so that it will not generate a BUY signal if RSI is above 80,
change the buy signal as follows
drawsymbol((LMAyest > SMAyest) and (SMA > LMA) and (Close < BuyP) and (RelativeStrengthIndex(Close, 14) < 80),BuyArrow,Green,Below); // Buy

You know the code, have fun Smile

54NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Mon Oct 14, 2013 10:50 pm

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics
At the last moment sellers was there for 1,900/= any specific reason?

55NESTLE LANKA PLC (NEST.N0000) - Page 2 Empty Re: NESTLE LANKA PLC (NEST.N0000) Wed Oct 16, 2013 10:43 pm

mark

mark
Expert
Expert
@sikka- ya the whole mkt moving when i moved to nest ;(

@small- api walak haruwoth eketh gembek ;(

@gaja-check PM

@dileepa- wow thats an overall picture, I love the way told "NEST is not going to run" I love that quote, very clear from a experienced investor Smile Smile


@TAH- ammo... NEST 1250 means ASI at around 5000 wagene.. Wink . Anyway your comment is very valuable Smile

@glad- ya i also hear the price hike of milk by over 100rs

@dudi- Onna man kiwe na hode Razz

@"rain rain go away "/ mono Wink - You always have to pay for good will if you going to buy it. Wink btw point taken.


My action- i was watching the order book , you may see how the 100 qty orders popped at 1990,1991,1992,1993 and so on, and also some pushing downs with odd lots. So sold all at little loss at 1990. Market went up but NEST was silent.


This thread is being very useful to me and the analysis provided was helpful. so tnx my lovely friends. All point of you taken to my consideration Smile Smile

thanxxxxxxxxxxxxxxxx Smile



Sponsored content


Back to top  Message [Page 2 of 6]

Go to page : Previous  1, 2, 3, 4, 5, 6  Next

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