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



Latest topics

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Trading Jockey Today at 7:26 am

» DIPD/HAYC/HAYL
by judecroos Today at 6:44 am

» Growing Fear
by Bakkabwoi Yesterday at 10:00 pm

» ALUMEX PLC (ALUM.N0000)
by Bakkabwoi Yesterday at 8:24 pm

» GLAS will be winner with Super Gain.
by SL-INVESTOR Yesterday at 7:40 pm

» Daily Foreign Transactions
by Pradeep90 Yesterday at 6:54 pm

» First capital holdings CFVF.N0000
by invest thinker Yesterday at 6:25 pm

» The market is not out to “get” you but is just flowing along, and your position just happens to be carried along with it.
by dayandacool Yesterday at 4:49 pm

» විජේදාසගේ... voice cut ප්‍රතිඵල
by reyaz Yesterday at 4:15 pm

» What will happen tomorrow?
by reyaz Yesterday at 4:04 pm

» KGAL - THE SLEEPING GIANT
by THASSIM Yesterday at 2:21 pm

» ???? අප්‍රේල් 16 ???? මේ දින 3 කෙටි සතියත් කොළපාටින් අවසන් වුනා
by Wickyz Tue Apr 20, 2021 12:54 pm

» LDEV LDEV LDEV
by Eranga87 Tue Apr 20, 2021 10:27 am

» No trader can flee from making a mistake. It’s just that you need to be careful about not repeating your mistakes.
by Mithooshan Tue Apr 20, 2021 7:42 am

» SWISSTEK (CEYLON) PLC (PARQ.N0000)
by Chithi Mon Apr 19, 2021 7:45 pm

» ROYAL CERAMICS PLC (RCL.N0000)
by Jana Mon Apr 19, 2021 6:14 pm

» US dollar trading lower, euro near new high
by target1 Mon Apr 19, 2021 1:38 pm

» LANKEM DEVELOPMENTS PLC (LDEV.N0000)
by Thushara Ayya Mon Apr 19, 2021 11:59 am

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by Eranga87 Sun Apr 18, 2021 4:12 pm

» CIC HOLDINGS PLC (CIC.N0000)
by abey Sat Apr 17, 2021 9:07 pm

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™ » At the cusp of the 200 day MA

At the cusp of the 200 day MA

Go down  Message [Page 1 of 1]

1At the cusp of the 200 day MA Empty At the cusp of the 200 day MA Wed Oct 09, 2013 12:45 pm

DUWI


Senior Equity Analytic
Senior Equity Analytic
The market is interestingly poised just below the 200 day moving average of 5920 on the All Share Price Index. Another key resistance level is at 5930. If the ASPI gets above these levels in the next few days and hold on to its gains, a concerted run can be expected, hopefully augmented by a cut in the policy interest rates by the Central Bank.

Lets hope for the best.

Stocks to watch are DIAL, DIST, HHL, all with good underlying fundamentals.

2At the cusp of the 200 day MA Empty Re: At the cusp of the 200 day MA Wed Oct 09, 2013 5:58 pm

Rapaport

Rapaport
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Sitting on the wall!

http://finance.yahoo.com/q/ta?s=^CSE&t=2y&l=off&z=l&q=l&p=m50%2Cm100%2Cm200&a=r14%2Cm26-12-9&c=

Cheers!

3At the cusp of the 200 day MA Empty Re: At the cusp of the 200 day MA Wed Oct 09, 2013 7:52 pm

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics
@Rapaport wrote:Sitting on the wall!

http://finance.yahoo.com/q/ta?s=^CSE&t=2y&l=off&z=l&q=l&p=m50%2Cm100%2Cm200&a=r14%2Cm26-12-9&c=

Cheers!
Hope your sideline approach is over now.Razz Razz Razz Razz Razz 

http://forum.srilankaequity.com/t30649-reasons-for-my-sideline-approach

BTW what happened to your reasons.?

4At the cusp of the 200 day MA Empty Re: At the cusp of the 200 day MA Wed Oct 09, 2013 8:06 pm

Rapaport

Rapaport
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Not yet over
Has to cross with significant volume.
Still sideline!

And i dont understand why you think my reasons will hold for months/years
It was based on circumstances at that time.

Cheers!

5At the cusp of the 200 day MA Empty Re: At the cusp of the 200 day MA Fri Oct 11, 2013 11:28 am

Antonym

Antonym
Vice President - Equity Analytics
Vice President - Equity Analytics
@DUWI wrote:The market is interestingly poised just below the 200 day moving average of 5920 on the All Share Price Index. Another key resistance level is at 5930. If the ASPI gets above these levels in the next few days and hold on to its gains, a concerted run can be expected, hopefully augmented by a cut in the policy interest rates by the Central Bank.

Lets hope for the best.
The ASPI has crossed the 200 day moving average at 5950.

Often, if an index breaks through the 200-day moving average in an upward direction, it is a signal that the downtrend is reversing. Besides, the 200-DMA also acts as a support.

However, trade with caution because the 50-day moving average has crossed below the 200-day moving average, which is considered a bearish crossover. Technical analysis sometimes gives conflicting signals, and you need to use your judgement.



Last edited by Antonym on Fri Oct 11, 2013 7:49 pm; edited 1 time in total (Reason for editing : Added: 50-DMA has crossed below the 200-DMA)

6At the cusp of the 200 day MA Empty Re: At the cusp of the 200 day MA Fri Oct 18, 2013 1:17 am

Antonym

Antonym
Vice President - Equity Analytics
Vice President - Equity Analytics
@Rapaport wrote:Not yet over
Has to cross with significant volume.
Still sideline!

And i dont understand why you think my reasons will hold for months/years
It was based on circumstances at that time.

Cheers!
DUWI and Rapaport:
After you drew attention to this chart, two bullish events have occurred:
1. The index has crossed above the 200-day MA.
2. The 5-day MA has crossed above the 200-day MA.
This means that momentum is shifting upwards and a strong move is likely.

For confirmation of this trend, I would like to see the 10-day, 20-day and 50-day Moving Averages also crossing above the 200-day MA, which would generate a strong Buy signal. Watch this space...

http://finance.yahoo.com/q/ta?s=^CSE&t=3m&l=off&z=l&q=l&p=m10%2Cm50%2Cm5%2Cm20%2Cm200&a=r14%2Cm26-12-9&c=

7At the cusp of the 200 day MA Empty Re: At the cusp of the 200 day MA Fri Jan 10, 2014 7:25 pm

Antonym

Antonym
Vice President - Equity Analytics
Vice President - Equity Analytics
We are back at the situation that prevailed on Oct 17, 2013:
1. After dipping below it, the index has again crossed above the 200-day MA, which is at 5970.
2. The 5-day MA has also crossed above the 200-day MA.


http://finance.yahoo.com/q/ta?s=^CSE&t=1m&l=off&z=l&q=l&p=%2Cm5%2Cm50%2Cm200&a=r14%2Cm26-12-9&c=

8At the cusp of the 200 day MA Empty Re: At the cusp of the 200 day MA Sat Jan 11, 2014 11:34 am

K.Haputantri

K.Haputantri
Co-Admin
Thanks guys for updates.

9At the cusp of the 200 day MA Empty Re: At the cusp of the 200 day MA Wed Jan 22, 2014 11:38 pm

Antonym

Antonym
Vice President - Equity Analytics
Vice President - Equity Analytics
@Antonym wrote:
For confirmation of this trend, I would like to see the 10-day, 20-day and 50-day Moving Averages also crossing above the 200-day MA, which would generate a strong Buy signal. Watch this space...
I wonder whether any other users are tracking progress of the moving averages: The 20-day MA has now crossed above the 200-day MA (at 5980), which means that the bulls have the upper hand, and the market's upward momentum is likely to continue.

For confirmation of this trend, I am waiting to see the 50-day Moving Average also crossing above the 200-day MA, which would establish the Buy signal for institutional traders. (When the 50-day MA crosses above the 200-day MA, it is called "the golden cross" in technical analysis.)

http://finance.yahoo.com/q/ta?s=^CSE&t=1m&l=off&z=l&q=l&p=m5%2Cm50%2Cm200%2Cm20%2Cm10&a=r14%2Cm26-12-9&c=

10At the cusp of the 200 day MA Empty Re: At the cusp of the 200 day MA Thu Jan 23, 2014 4:50 am

Rapaport

Rapaport
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Antonym i usually follow 50, 100 and 200 day moving avgs. 50 day MA crossing 200 will indeed be a good sign.

The 10 and 20 day MA can be a bit too volatile at times...

I was collecting from beginning December and bullish from end December. There is a 'W' pattern formed over 6 months which is also bullish

http://finance.yahoo.com/q/ta?s=^CSE&t=1y&l=off&z=l&q=l&p=m50%2Cm200%2Cm100&a=r14%2Cm26-12-9&c=

Cheers!

11At the cusp of the 200 day MA Empty Re: At the cusp of the 200 day MA Thu Jan 23, 2014 5:06 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Rapa, Antonym

yes generally 50 crossing 200  is good sign in bull.   But did you notice  what happened in Oct 2012 when 50 crossed 200.
Also when the opposite happened in 2013 it didn't make a big crash.

I guess the summary  is  these Techs needs to be used with other market factors. Right now as you say , since market sentiment is positive with hope , 50 crossing the 200 will be good sign.  But will need more  uptrend for that to happen.

Did you notice  20 has crossed 200 right now.





@Rapaport wrote:Antonym i usually follow 50, 100 and 200 day moving avgs. 50 day MA crossing 200 will indeed be a good sign.

The 10 and 20 day MA can be a bit too volatile at times...

I was collecting from beginning December and bullish from end December. There is a 'W' pattern formed over 6 months which is also bullish

http://finance.yahoo.com/q/ta?s=^CSE&t=1y&l=off&z=l&q=l&p=m50%2Cm200%2Cm100&a=r14%2Cm26-12-9&c=

Cheers!

12At the cusp of the 200 day MA Empty Re: At the cusp of the 200 day MA Thu Jan 23, 2014 5:22 am

Rapaport

Rapaport
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
SLstock

I agree with u 100%

There are many other factors which need to be looked into including the state of the economy, reduced interest rates, retailer interest and speculation, increased volume traded, continuous interest at the market by all participants, interest in value shares and their price appreciation, etc

When you combine with positive technicals, gives us hope..

Luckily we are seeing most of these factors today and hopes are high!

Cheers

13At the cusp of the 200 day MA Empty Re: At the cusp of the 200 day MA Thu Jan 23, 2014 7:22 am

econ

econ
Global Moderator
@Rapaport wrote:SLstock

I agree with u 100%

There are many other factors which need to be looked into including the state of the economy, reduced interest rates, retailer interest and speculation, increased volume traded, continuous interest at the market by all participants, interest in value shares and their price appreciation, etc

When you combine with positive technicals, gives us hope..

Luckily we are seeing most of these factors today and hopes are high!

Cheers

yes agreed.. unlike 2012 october run this time conditions (mainly interest rates, retailer participation driven by mainly interest rates) are favorable. so this bull may be better than last bull we saw in 2012. However, i think we need to have good exit strategy as well because BULL run in CSE is too fast.

Sponsored content


Back to top  Message [Page 1 of 1]

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