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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Consolidation at 5000 and support at 4800

Consolidation at 5000 and support at 4800

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madukp


Expert
Expert
@Teller wrote:Buying at current price means , you will loose lot opportunities . This will come down 4800-4900 . This is the common answer i can give you those who asked from me.

working with hidden agenda as always lol!

Kipling likes this post

madukp


Expert
Expert
There are some people still dreaming to collect shares at the price which was traded on 12th May. They better realize there is no logic for the current downfall at all, and whoever fools, traders, game players, so call HNWIs trying to collect at bargain prices still no logic to fall market consistently. This artificial downtrend due to artificial selling + panic selling. All the fundamental shares are still at half price. Some have dreamt to collect JKH @ 80's still whining here Very Happy

Kipling likes this post

SANJAYANM


Senior Equity Analytic
Senior Equity Analytic
IT'S SO SIMPLE.
PEOPLE WHO HAVE MONEY WHICH WERE NOT INVESTED ARE WAITING FOR THE DOWN FALL OF THE 
MARKET.SO WAIT UNTIL 4800 AND START TO INVEST MONEY.

Teller


Moderator
Moderator
I work based on statistics some times calculus plus mathematics . I believe my self and no one need to follow me . simply Profit or loss bear by you as investors .😂

Kipling


Expert
Expert
Did Zaharan & Huckeem teach you?

samaritan


Moderator
Moderator
@Teller wrote:I work based on statistics some times calculus plus mathematics . I believe my self and no one need to follow me . simply Profit or loss bear by you as investors .:joy:
Isn't Calculus a branch of mathematics???Consolidation at 5000 and support at 4800 - Page 3 Icon_rolleyes


_________________




The biggest risk in life is not taking any risk at all.

KavinduTM and madukp like this post

xhunter

xhunter
Moderator
Moderator
@Teller wrote:I work based on statistics some times calculus plus mathematics . I believe my self and no one need to follow me . simply Profit or loss bear by you as investors .😂
Believe in your self is not a problem for us. what we should not tolerate is , you attempt to mislead , cheat others and get the benefit out of that. you can believe in you that you are doing right thing. but it is wrong.
If you use statistics, calculus for market analysis probably you are talking about quantitative finance.
it is not that hard to present those derivations to other forum members. but you never expose them. 
You are posting what you are paid for. but understand that it is wrong.

ErangaDS and madukp like this post

madukp


Expert
Expert
@Teller wrote:I work based on statistics some times calculus plus mathematics . I believe my self and no one need to follow me . simply Profit or loss bear by you as investors .😂


My major also computer and mathematics. And also study with principals, analyzing supporting levels based on RSI. Plus I do consider investor sentiment and news. since SL market is driven by it rather than technicals.

But surprisingly my readings deviating from yours! Maybe I am not doing this correct clown or are you a kind of speculator? just curious...

SUSPENS

SUSPENS
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@madukp wrote:
@Teller wrote:Buying at current price means , you will loose lot opportunities . This will come down 4800-4900 . This is the common answer i can give you those who asked from me.

working with hidden agenda as always lol!
This post will be deleted withing few days....

xhunter and madukp like this post

madukp


Expert
Expert
@SUSPENS wrote:
@madukp wrote:
@Teller wrote:Buying at current price means , you will loose lot opportunities . This will come down 4800-4900 . This is the common answer i can give you those who asked from me.

working with hidden agenda as always lol!
This post will be deleted withing few days....

of course Very Happy

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Consolidation at 5000 and support at 4800 - Page 3 Scree188

samaritan likes this post

Invest-Wise

Invest-Wise
Manager - Equity Analytics
Manager - Equity Analytics
Covid is part and parcel of life. We were blessed not to have social spread for 6 months. Well at some point its going to happen just like in any country. We are mot immune to it. Initial shock of 1,000 is now absorbed by the market. Now we will have smaller numbers popping up and it will go on till we find vaccine (hopefully end of December and by mid 2021 most will get it) and life will go on. SInce this is new to SL we as always react by panicking. India/USA stock markets are rallying since with the highest covid cases and deaths! SO don't panic just use this as opportunity to buy low and hold and things will be back to normal soon. That's the new normal!

Invest-Wise

Invest-Wise
Manager - Equity Analytics
Manager - Equity Analytics
Covid is part and parcel of life. We were blessed not to have social spread for 6 months. Well at some point its going to happen just like in any country. We are mot immune to it. Initial shock of 1,000 is now absorbed by the market. Now we will have smaller numbers popping up and it will go on till we find vaccine (hopefully end of December and by mid 2021 most will get it) and life will go on. SInce this is new to SL we as always react by panicking. India/USA stock markets are rallying since with the highest covid cases and deaths! SO don't panic just use this as opportunity to buy low and hold and things will be back to normal soon. That's the new normal!

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@THASSIM wrote:I ignore samiratan since he doesn't understand the Dynamics of a market. I've read his comments elsewhere and he speaks rubbish frequently.

Kavindu,

What's the logic behind my claim?

1. This wave will be the most wide spread and difficult to control which will result in island wide curfews. You will know the concequences of a curfew on a market. Investors priorities change as they divest from 'Risk Assets'

2. Don't expect further Foreign inflows. SL's Foreign Currency of $7b will exhaust in the next 12 months due to settlements of outstanding capital / Interest.  Without refinancing SL is in imminent danger.

I'm a financial analyst and this is what we do for a living. I've been right so far in all my posts (check it up) and it's your call to buy / sell / hold. However I understand, there is a possibility of me being wrong but it's very remote.


@Thassim,

I think you got the answer which i would say by @xhunter

Maybe you were lucky to liquidate your portfolio on Friday but you weren't lucky enough to grab the chance of the panic selling. Instead of that you tried to spread more negativity and panic innocent people.

Nice try but people aren't that stupid nowadays. We got a bunch of smart boys here.



Last edited by KavinduTM on Thu Oct 08, 2020 1:22 pm; edited 1 time in total (Reason for editing : Spelling Mistake)

samaritan, ErangaDS, xhunter, RJ1010, Champ888 and SANJAYANM like this post

madukp


Expert
Expert
Wonder what happened to so call technical analysis experts working with calculus to predict market downfall to 4800 and JKH to 80 Very Happy

Champ888


Manager - Equity Analytics
Manager - Equity Analytics
Laughing Laughing Laughing Laughing Laughing Laughing Laughing

dayandacool

dayandacool
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@THASSIM wrote:I ignore samiratan since he doesn't understand the Dynamics of a market. I've read his comments elsewhere and he speaks rubbish frequently.

Kavindu,

What's the logic behind my claim?

1. This wave will be the most wide spread and difficult to control which will result in island wide curfews. You will know the concequences of a curfew on a market. Investors priorities change as they divest from 'Risk Assets'

2. Don't expect further Foreign inflows. SL's Foreign Currency of $7b will exhaust in the next 12 months due to settlements of outstanding capital / Interest.  Without refinancing SL is in imminent danger.

I'm a financial analyst and this is what we do for a living. I've been right so far in all my posts (check it up) and it's your call to buy / sell / hold. However I understand, there is a possibility of me being wrong but it's very remote.


@THASSIM

POSSIBILITY OF YOU BEING WRONG IS NOT REMOTE. IT IS  OBVIOUS!!!! 

You are not an Analyst, you tried a dirty guess expecting larger Covid numbers and the market to react to it. That's not called Analysis.

Champ888


Manager - Equity Analytics
Manager - Equity Analytics
Yes. If he had done some analysis, irrespctive of covid situation today too this market should go down. But market went like a rocket.

dayandacool

dayandacool
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Champ888 wrote:Yes. If he had done some analysis, irrespctive of covid situation today too this market should go down. But market went like a rocket.

5400 was the support. It in fact touched 5400. Next Resistance might come at 5800 but hoping it to bounce back up from there provided no drastic increment in Covid numbers.Consolidation at 5000 and support at 4800 - Page 3 Asi_210

KavinduTM and judecroos like this post

THASSIM


Senior Equity Analytic
Senior Equity Analytic
Well I am going to ignore this thread and return in a couple of weeks and have a look at our little bulls sentiments.

samaritan dislikes this post

Kipling


Expert
Expert
Former Army Commander says Baludeen brother helped Zaharan to flee to India. You must rally all moors & bora & ensure that Wahhabism does not pollute this sacred land of Sinhala Buddhism.

ADVENTUS dislikes this post

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Next few weeks ASI could reach 6000 again Basketball

THASSIM


Senior Equity Analytic
Senior Equity Analytic
Guys, tighten your seat belts. The journey has begun. The wise who have uninvested cash, there will be a shopping spree soon. The pandithaya's, burn through your investment.

Mithooshan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Machan, stop coming to the forum after everything is over. Your intention is to panic the investors. If you knew this would happen today and informed before hand to help others you have my gratitude.

Above is just cheap.

Junior investor and geesura like this post

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
When I tried to educate the investors about the downturn I was rediculed by few
Members. As a result I kept silent. I will continue to remain silent.

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