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FINANCIAL CHRONICLE™ » EXPERT CHRONICLE™ » Market tilt towards ASPI 5000

Market tilt towards ASPI 5000

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Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Market tilt towards ASPI 5000 - Page 4 Predic11

Stock Market can move upto ASI 7200 with positive developments. i.e new vaccine, economic progress. Any bad news could bring it down to 5200 levels.However Long TermTrend chart predicts ASPI to be around 5000 by end of 2020. Week ahead is critical.



Last edited by Quibit on Wed Nov 18, 2020 6:35 pm; edited 7 times in total

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Post Tue Oct 27, 2020 12:01 am by geesura

@Quibit wrote:Tommorrow is a big red day,
HARI BN ELA according to your predictions every day is a red day...if im wrong please send me just a 1 ss of any positive comment on this forum

Cma likes this post

Post Tue Oct 27, 2020 12:12 am by stockback

@Quibit wrote:Tommorrow is a big red day,


are you counting Covid Cases?

Post Tue Oct 27, 2020 12:25 am by fireshelter

alien alien alien alien alien alien try to finish green

Post Tue Oct 27, 2020 9:53 am by Promoney

I don't know whether today is going to be a Red or Green day, but I have noticed that according @Quibit it's going to be a Red day everyday, since the time I joined this group 😄

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Post Tue Oct 27, 2020 9:55 am by hiransilva23

@Promoney wrote:I don't know whether today is going to be a Red or Green day, but I have noticed that according @Quibit it's going to be a Red day everyday, since the time I joined this group 😄
When people need buy at bottom they always say it’s red like a curse 🤓🤓🤓

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Post Tue Oct 27, 2020 9:55 am by RJ1010

@Promoney wrote:I don't know whether today is going to be a Red or Green day, but I have noticed that according @Quibit it's going to be a Red day everyday, since the time I joined this group 😄

😄😄😄😄
Can’t always be on the buy side... there will come a time when he jumps to the sell side and seeks some green days

Teller

Post Tue Oct 27, 2020 9:58 am by Teller

In world situation , more corona cases , more Index up😂😂😂😂but sri lanka 🤗🤗🤗

Eng Krishantha, Mithooshan and geesura like this post

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Post Tue Oct 27, 2020 10:33 am by roshan1039

@Quibit wrote:Tommorrow is a big red day,
lol! lol! lol! lol! lol! lol! lol! lol! lol! lol! lol! lol! lol! lol! lol!

Who's child is this?
Everyone knows market is not moving up due to present situation.
Otherwise market would have broken 6000 by now.
We must ignore these opportunistic third grade people.
I advice everyone not to panic on these minor drops, market will bounce back strongly within very short time.

Eugine Fernando, Kipling and geesura like this post

Rational Investor

Post Tue Oct 27, 2020 10:45 am by Rational Investor

@Quibit wrote:Tommorrow is a big red day,

On what basis ?? Twisted Evil

Invest-Wise

Post Tue Oct 27, 2020 11:52 am by Invest-Wise

I have been following this forum since 2013. I am also a member in a few others groups on Whatts app which has members who are High Net worth investors (HNWI). Trust me even those people cannot change the direction of the market by saying anything on a forum so I am 100% sure anyone whose being negative here could NOT effect the market index. It takes a lot to bring a market down and create panic (you can do it but you need to be willing to sell down with considerable amount of shares in key counters that impact the index). So let anyone express their opinion and we can accept it and post our counter opinion if so or maybe even just smile). Some people love the doom and gloom. But that's their nature I guess. I personally have been trading for 28 years and I have seen 3 market crashes in my lifetime till now. Yet I still trade and survived. To me this year has been the best time so far!!! Smile Happy trading.

Quibit and roshan1039 like this post

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Post Tue Oct 27, 2020 11:54 am by Value Pick

@dayandacool wrote:
@Value Pick wrote:
@dayandacool wrote:
@geesura wrote:
@dayandacool wrote:Seems no bull for today as well. There is a bearish Gap in the daily. Rolling Eyes silent
But seems to be sellers are rigid like "u buy for my price or get lost"

True. Best is to stay on the side line and watch.5640 is the area to look for for a possible upward momentum. Neutral

If they place their quantities then prices will come down @a rapid speed. This is smart selling.....
Very low T/O signals nobody is interesting about buying. T/O is coming slowly from 5.0bn to probably 1.0bn(today) over last couple of days.

Smart selling is worse than Panic selling. In a panic selling, turnovers are massive and recovery time is very quick. that's why we witnessed quick recoveries during past panic selling markets. Also panic selling and higher turnover could also mean that buyers still think shares are undervalued. What happens in smart selling is that It takes long time to recover again as purchases are less and it also establishes that buyers think prices are over valued which is displayed by the low turn over. There is a clear difference between previous selling and what is observed during last week and today.

Somehow, this will not impact long to medium traders as they are just not bothered about market sentiment but the value of their shares.

Smart selling is on. No buyers but buy from the sellers. When buyer comes give everything to buyer....

dayandacool likes this post

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Post Tue Oct 27, 2020 12:33 pm by roshan1039

@Value Pick wrote:
@dayandacool wrote:
@Value Pick wrote:
@dayandacool wrote:
@geesura wrote:
@dayandacool wrote:Seems no bull for today as well. There is a bearish Gap in the daily. Rolling Eyes silent
But seems to be sellers are rigid like "u buy for my price or get lost"

True. Best is to stay on the side line and watch.5640 is the area to look for for a possible upward momentum. Neutral

If they place their quantities then prices will come down @a rapid speed. This is smart selling.....
Very low T/O signals nobody is interesting about buying. T/O is coming slowly from 5.0bn to probably 1.0bn(today) over last couple of days.

Smart selling is worse than Panic selling. In a panic selling, turnovers are massive and recovery time is very quick. that's why we witnessed quick recoveries during past panic selling markets. Also panic selling and higher turnover could also mean that buyers still think shares are undervalued. What happens in smart selling is that It takes long time to recover again as purchases are less and it also establishes that buyers think prices are over valued which is displayed by the low turn over. There is a clear difference between previous selling and what is observed during last week and today.

Somehow, this will not impact long to medium traders as they are just not bothered about market sentiment but the value of their shares.

Smart selling is on. No buyers but buy from the sellers. When buyer comes give everything to buyer....
Yes its smart selling, I think in this situation those with profits cashing out and some are clearing margin.
This will turnaround from next week.

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Post Tue Oct 27, 2020 7:54 pm by Quibit

What does todays ASI movement indicate?Market tilt towards ASPI 5000 - Page 4 5f993810

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Post Tue Oct 27, 2020 7:57 pm by stockback

@Quibit wrote:What does todays ASI movement indicate?Market tilt towards ASPI 5000 - Page 4 5f993810


ehenam heta start  RED wela close Green vei...

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Post Tue Oct 27, 2020 8:09 pm by Champ888

This is share market. Up and down trends realy good for traders.

Tommorow end should be green..

judecroos likes this post

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Post Tue Oct 27, 2020 8:47 pm by කොටස් වෙළඳපොළ2020

දැන් සෙමින් ඉහලයාමට පටන්ගෙන .......

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Post Wed Oct 28, 2020 4:46 pm by Quibit

Tommorro will be deeper red than today owing to news below.

Quarantine curfew will be imposed within Western Province from 12.00 midnight tomorrow (29) till 5.00 am on Monday (02 Nov) - Army Commander- adaderana.lk

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Post Wed Oct 28, 2020 4:54 pm by FireandWater

I am amazed at how people can predict like this. If it is deep red my suggestion is to buy deep. its month end and the credit will ease from next month.

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Post Wed Oct 28, 2020 5:05 pm by samaritan

The quarantine curfew is going to be in force on a long week-end and will be lifted on Monday.

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Post Wed Oct 28, 2020 5:27 pm by Promoney

@Quibit wrote:Tommorro will be deeper red than today owing to news below.

Quarantine curfew will be imposed within Western Province from 12.00 midnight tomorrow (29) till 5.00 am on Monday (02 Nov) - Army Commander- adaderana.lk
Market tilt towards ASPI 5000 - Page 4 Scree196

fireshelter

Post Wed Oct 28, 2020 8:30 pm by fireshelter

it's  a good reason for  Green  alien alien alien alien

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Post Wed Oct 28, 2020 8:42 pm by කොටස් වෙළඳපොළ2020

No No No No No No  NO NO NO    No No No No No No No No No
                     අදහස් අගය කරමී.ස්තුතී.

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Post Wed Oct 28, 2020 8:48 pm by කොටස් වෙළඳපොළ2020

Sleep Sleep Sleep Sleep ඉතා කෙටි කාලයක් තුළ වෙළඳපල නැවත ශක්තිමත් වනු ඇත.   Sleep Sleep Sleep Sleep

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Post Thu Oct 29, 2020 4:24 pm by stockback

@stockback wrote:Market tilt towards ASPI 5000 - Page 4 Aspi_012


check my chart and trend now..

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Post Thu Oct 29, 2020 4:26 pm by hiransilva23

@Quibit wrote:Tommorro will be deeper red than today owing to news below.

Quarantine curfew will be imposed within Western Province from 12.00 midnight tomorrow (29) till 5.00 am on Monday (02 Nov) - Army Commander- adaderana.lk
Blood everywhere,should be alien’s blood👽 .this time its green

heroxhere and skyrocket like this post

Rational Investor

Post Thu Oct 29, 2020 4:30 pm by Rational Investor

@Quibit wrote:Tommorro will be deeper red than today owing to news below.

Quarantine curfew will be imposed within Western Province from 12.00 midnight tomorrow (29) till 5.00 am on Monday (02 Nov) - Army Commander- adaderana.lk

Have you bought enough?

dayandacool

Post Thu Oct 29, 2020 6:15 pm by dayandacool

Not to demotivate anyone but as we celebrate the rejuvenation of ASI (yes, I was in a deep loss during last 2 weeks too Market tilt towards ASPI 5000 - Page 4 Icon_biggrin ), keep this scenario in the back of your minds. Key is to break the October 2nd High which was 6075 to nullify the H & S pattern. Also we need to see the increment of Market Cap along with the daily turn over. Please note that these scenarios are playing along a long term time spectrum.

I will only be worried if we fail to make a higher high again keeping us floating well above 6000. 


Market tilt towards ASPI 5000 - Page 4 Head_a11

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Post Fri Oct 30, 2020 2:00 am by stockback

@stockback wrote:Market tilt towards ASPI 5000 - Page 4 Aspi_012


ABC is a "Descending broadening wedge pattern" every one know this is a bull pattern.

​​​​​​​we will see

dayandacool likes this post

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Post Wed Nov 04, 2020 1:58 pm by stockback

@stockback wrote:
@stockback wrote:Market tilt towards ASPI 5000 - Page 4 Aspi_012


ABC is a "Descending broadening wedge pattern" every one know this is a bull pattern.

​​​​​​​we will see


see QUBIT .....

madukp likes this post

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