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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Market prediction for the next three months

Market prediction for the next three months

Go down  Message [Page 1 of 1]

EquityChamp

EquityChamp
Moderator
Moderator
By analyzing all the news released during the week I can predict something like this for the market till next June. the main news which have an impact on the market are,
a) Suspension of the port city and the TATA group project
b) General elections will be only after the constitutional reforms which means parliament will not be dissolved in April
c) JVP and related trade union actions for the calling of the promised election

The prediction will be market will be moving sideways along its strong resistance level. I suppose this is 6900-7000 level. couple of days down may spark an upside next two days wise versa.

Market heavy counters such as JKH, COMB, CTC, AEL, etc will be stagnating probably fall a bit from the current levels

So trading opportunities will be there after a weakness. Our members should patiently wait for price weakness and buy solid top tier as well as second tier sound counters only. Don't touch craps for a quick buck. And when you see a profit on the stocks you bought realize it because you can again buy them at lower prices.

So lets trade within the volatile market for the next three months or so. And don't blame on the market but adopt to the situation.

Good luck.

EquityChamp

EquityChamp
Moderator
Moderator
This is exactly the situation right now. Members be ready to buy some stocks at the resistance level.

Nuwan Prasad


Manager - Equity Analytics
Manager - Equity Analytics
Thank you

EquityChamp

EquityChamp
Moderator
Moderator
Isn't this not the case as of now.
Any body trade in the volatility of shares like JKH, COMB, EMER, ESL, ECL, etc?
This context need to be kept in mind and act accordingly by our valued members rather than blaming market or government or some one else.

guruji

guruji
Manager - Equity Analytics
Manager - Equity Analytics
Hope esl fly tomorrow target 50

senthu


Equity Analytic
Equity Analytic
Will ESL touch 45/= in coming days?

@EquityChamp wrote:Isn't this not the case as of now.
Any body trade in the volatility of shares like JKH, COMB, EMER, ESL, ECL, etc?
This context need to be kept in mind and act accordingly by our valued members rather than blaming market or government or some one else.

EquityChamp

EquityChamp
Moderator
Moderator
It went pass 60 once and also it came down to thirties as well. Good to buy when the share is in cool mode and exit when it is heated up.

VALUEPICK

VALUEPICK
Expert
Expert
what are the cool shares in the market now?

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