BULL RUN 2021

The way ASI moving for a Bull Run?

Bull run started days back... can’t even remember when we last had a red day! Hope foreign investors will get attracted now... if local investors can drive the market like this imagine when foreigners join the party

10 Billion + turnover is possible today.

real foreign investors wouldn't come here with current negative economic climate. is Sri Lankan government printing money and adding that to the market? if not.then how come the market moving up this fast?

another thing is it is just very few companies have been going up. majority of good shares are still stagnating.

CSE market PE is still low at around 11 whereas India is over 20. And other Asian peers similar over 15.So we have more potential. With good earnings reports for December quarter the valuations will be good. Hopefully the foreign frontier funds should start investing now in CSE.

Next Monday onwards coming 30 days, CSE will have very good run.
Because December ending quarterly financial reports are schedule to release and many company will have a QoQ growth EPS. Some companies will have a super normal profits.
So, I guess Market will easily move, its Index above the 8250 in smoothly.

Happy Trading ..,

Why is this on the bull

@EPS wrote:Next Monday onwards coming 30 days, CSE will have very good run.
Because December ending quarterly financial reports are schedule to release and many company will have a QoQ growth EPS. Some companies will have a super normal profits.
So, I guess Market will easily move, its Index above the 8250 in smoothly.

Happy Trading ..,

Hi EPS,

Makes sense that the drive will continue until the financials. Considering the market is highly overbought, do you still think so? Perhaps maybe, a dump after the financials?
Saw two of my colleagues just sell off around 40% of the portfolio thinking its overbought.

@reyaz wrote:
Why is this on the bull

When company tries to gambling with insurance concept,We need not to gambling with share.

@AmateurTrader001 wrote:

@EPS wrote:Next Monday onwards coming 30 days, CSE will have very good run.
Because December ending quarterly financial reports are schedule to release and many company will have a QoQ growth EPS. Some companies will have a super normal profits.
So, I guess Market will easily move, its Index above the 8250 in smoothly.

Happy Trading ..,

Hi EPS,

Makes sense that the drive will continue until the financials. Considering the market is highly overbought, do you still think so? Perhaps maybe, a dump after the financials?
Saw two of my colleagues just sell off around 40% of the portfolio thinking its overbought.

When it compare to 2010 rally, now many are with less credits. Broking firms also not allowed heavy credits. Index up & down fluctuations can be happen at any time.
But, next 30 days possible for uptrend with the improved Q3 financials.

@EPS wrote:

@AmateurTrader001 wrote:

@EPS wrote:Next Monday onwards coming 30 days, CSE will have very good run.
Because December ending quarterly financial reports are schedule to release and many company will have a QoQ growth EPS. Some companies will have a super normal profits.
So, I guess Market will easily move, its Index above the 8250 in smoothly.

Happy Trading ..,

Hi EPS,

Makes sense that the drive will continue until the financials. Considering the market is highly overbought, do you still think so? Perhaps maybe, a dump after the financials?
Saw two of my colleagues just sell off around 40% of the portfolio thinking its overbought.

When it compare to 2010 rally, now many are with less credits. Broking firms also not allowed heavy credits. Index up & down fluctuations can be happen at any time.
But, next 30 days possible for uptrend with the improved Q3 financials.

Yes this bullish sentiment will continue for couple of weeks, at the moment the bear is far away

Huge collection was going on last day for BIL
What  will be next week??
BIL is attached with Colombo Port city.Till Port city is under way or finished BIL has potential. It is basic logic.
BIL before Port City attachment and BIL after port city attachment is vast different to typical BILs behavior. After Port city engagement BIL became mature and professional stock. As long as Port city is true BIL is exisit and appreciate whatever who says..

open to discussion without prejudice....
Both supporting or disagreeing points doesn't matter in professional way. Investing is life time learning dear friends.