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Tomorrow's market ?

Go down  Message [Page 1 of 1]

Sihas005

avatar
Equity Analytic
Equity Analytic

What would be tomorrow's market behaviour?
My feeling is it will IMPROVE a lot  due to below reasons:
1. Covid situation getting better and country will be opening next week.
2. Today's drop is due to big scale Margin Traders who wanted cash on friday (T+4) aiming for country reopening next week
3.New CBSL governor's arrival and hope for EPF entering back into capital markets 
4.One year FDs which were opened last Sep 2020 befor CBSL rate cut ( enjoyed at two digits interest rates) are to mature during month resulting lesser returns 

Only negative scenario is the possible continuity of above point 02  even tomorrow. This will create v.good buying opportunities.

ADVENTUS likes this post

Share this post on: reddit

avatar

Post Mon Sep 13, 2021 10:50 pm by cheetah

Feb month Market correction was around 1 month. Hope it will reduce further, Better to wait if you buy.

avatar

Post Tue Sep 14, 2021 1:19 am by ADVENTUS

Sihas005 wrote:What would be tomorrow's market behaviour?
My feeling is it will IMPROVE a lot  due to below reasons:
1. Covid situation getting better and country will be opening next week.
2. Today's drop is due to big scale Margin Traders who wanted cash on friday (T+4) aiming for country reopening next week
3.New CBSL governor's arrival and hope for EPF entering back into capital markets 
4.One year FDs which were opened last Sep 2020 befor CBSL rate cut ( enjoyed at two digits interest rates) are to mature during month resulting lesser returns 

Only negative scenario is the possible continuity of above point 02  even tomorrow. This will create v.good buying opportunities.
I have the same feeling too. 

I have transferred some money from my money market. Hope to buy the fundamentally strong stocks. Also looking to enter HHL at some point.  
One of my most affected counters is TKY. Expecting a price reversal on cement soon. 

Release the bull! Very Happy

avatar

Post Tue Sep 14, 2021 5:23 am by Hope123

ADVENTUS wrote:
Sihas005 wrote:What would be tomorrow's market behaviour?
My feeling is it will IMPROVE a lot  due to below reasons:
1. Covid situation getting better and country will be opening next week.
2. Today's drop is due to big scale Margin Traders who wanted cash on friday (T+4) aiming for country reopening next week
3.New CBSL governor's arrival and hope for EPF entering back into capital markets 
4.One year FDs which were opened last Sep 2020 befor CBSL rate cut ( enjoyed at two digits interest rates) are to mature during month resulting lesser returns 

Only negative scenario is the possible continuity of above point 02  even tomorrow. This will create v.good buying opportunities.
I have the same feeling too. 

I have transferred some money from my money market. Hope to buy the fundamentally strong stocks. Also looking to enter HHL at some point.  
One of my most affected counters is TKY. Expecting a price reversal on cement soon. 

Release the bull! Very Happy


You trade in Forex too? right

avatar

Post Tue Sep 14, 2021 6:49 am by D.G.Dayaratne

Hope123 wrote:
ADVENTUS wrote:
Sihas005 wrote:What would be tomorrow's market behaviour?
My feeling is it will IMPROVE a lot  due to below reasons:
1. Covid situation getting better and country will be opening next week.
2. Today's drop is due to big scale Margin Traders who wanted cash on friday (T+4) aiming for country reopening next week
3.New CBSL governor's arrival and hope for EPF entering back into capital markets 
4.One year FDs which were opened last Sep 2020 befor CBSL rate cut ( enjoyed at two digits interest rates) are to mature during month resulting lesser returns 

Only negative scenario is the possible continuity of above point 02  even tomorrow. This will create v.good buying opportunities.
I have the same feeling too. 

I have transferred some money from my money market. Hope to buy the fundamentally strong stocks. Also looking to enter HHL at some point.  
One of my most affected counters is TKY. Expecting a price reversal on cement soon. 

Release the bull! Very Happy


You trade in Forex too? right
I DO NOT THINK THE NEW GOVERNOR WILL REPEATE HIS PAST MISTAKES given under item 3

chandike73

Post Tue Sep 14, 2021 8:12 am by chandike73

This is temporary and may be down further few days(not big quantity like yesterday). After that it will start next run soon.

avatar

Post Tue Sep 14, 2021 11:30 am by Great1

Expect 400 ASPI increase with

BIL 10
HAYL 111
RCL  45
VONE  64
TILE 70
LWL 74
EXPO 160
LOLC 535
REXP 538
DIPD 59
ACL 44

avatar

Post Tue Sep 14, 2021 11:50 am by Wickyz

Sleep Sleep

avatar

Post Tue Sep 14, 2021 2:43 pm by Sihas005

Mkt IMPROVED as expected...!!! Selling pressure wasn't evident since investors and traders have realized that there is less and less opportunities outside stk mkt to invest and make money. Lot more investors observed mkt from back row to enter at any given time with a potential pull back. Now we should look forward for dividend counters to keep the momentum in coming days & weeks and retain investors & traders. Holding is the key at this stage till foreign buying and institutional buying starts.

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