Tomorrow's market ?

Sihas005

Sihas005

Equity Analytic

Posts : 28
Equity Stars : 1490
Reputation : 1
Join date : 2021-01-16

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.

Mon Sep 13, 2021 10:50 pm by cheetah · 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.

Tue Sep 14, 2021 1:19 am by **ADVENTUS** · 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

Tue Sep 14, 2021 5:23 am by Hope123 · 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!

You trade in Forex too? right

Tue Sep 14, 2021 6:49 am by **D.G.Dayaratne** · 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!

You trade in Forex too? right

I DO NOT THINK THE NEW GOVERNOR WILL REPEATE HIS PAST MISTAKES given under item 3

Tue Sep 14, 2021 8:12 am by chandike73 · 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.

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

Tue Sep 14, 2021 11:50 am by **Wickyz** · Tue Sep 14, 2021 11:50 am by **Wickyz**

Tue Sep 14, 2021 2:43 pm by Sihas005 · 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.