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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » ASPI Trend

ASPI Trend

3 posters

Go down  Message [Page 1 of 1]

1ASPI Trend Empty ASPI Trend Sat Nov 27, 2021 12:37 pm

hotstock


Manager - Equity Analytics
Manager - Equity Analytics

ASI is moving upwards in a beautiful trend pattern (attached). S1 stands at ~11020 in case of a reversal, breaking ~11300 will push further up with +150-200 points

2ASPI Trend Empty Re: ASPI Trend Sat Nov 27, 2021 12:45 pm

hotstock


Manager - Equity Analytics
Manager - Equity Analytics

ASPI Trend Tvc_2e6ed669f479ef5029cae19c3b6b2123

3ASPI Trend Empty Re: ASPI Trend Thu Dec 02, 2021 8:07 am

hotstock


Manager - Equity Analytics
Manager - Equity Analytics

There is a possibility that today ASI could drop 100-150 based on technical due to some overvalued junk counters but fundamentally strong counters can sustain.  This is not a trend reversal at this stage so nothing to panic.

4ASPI Trend Empty Re: ASPI Trend Thu Dec 02, 2021 9:19 am

ADVENTUS


Moderator
Moderator

hotstock wrote:There is a possibility that today ASI could drop 100-150 based on technical due to some overvalued junk counters but fundamentally strong counters can sustain.  This is not a trend reversal at this stage so nothing to panic.
ASPI CLEANSING Very Happy

AND GETTING READY TO FOR A GOOD RUN AHEAD

HOPE TO HEAR SOME GOOD NEWS- BASIL MAY COME DOWN TO SRI LANKA WITH SOME USD FROM INDIA

MY STRATEGY:
HOLD ON TO YOUR VALUABLE GEMS 

KEEP SOME CASH IN HAND TO BUY OFF FROM PANIC SELLERS Very Happy

5ASPI Trend Empty Re: ASPI Trend Thu Dec 02, 2021 9:35 am

samaritan


Moderator
Moderator

ADVENTUS wrote:
hotstock wrote:There is a possibility that today ASI could drop 100-150 based on technical due to some overvalued junk counters but fundamentally strong counters can sustain.  This is not a trend reversal at this stage so nothing to panic.
ASPI CLEANSING Very Happy

AND GETTING READY TO FOR A GOOD RUN AHEAD

HOPE TO HEAR SOME GOOD NEWS- BASIL MAY COME DOWN TO SRI LANKA WITH SOME USD FROM INDIA

MY STRATEGY:
HOLD ON TO YOUR VALUABLE GEMS 

KEEP SOME CASH IN HAND TO BUY OFF FROM PANIC SELLERS Very Happy
The following news that appeared on today's 'Mirror Business' is certainly going to add strength to your strategy Adventus.


"CB expects to end 2021 with over US$3.5bn foreign reserves"


https://www.dailymirror.lk/print/business__main/CB-expects-to-end-2021-with-over-US-3-5bn-foreign-reserves/245-225944

ADVENTUS likes this post

6ASPI Trend Empty Re: ASPI Trend Thu Dec 02, 2021 10:01 am

hotstock


Manager - Equity Analytics
Manager - Equity Analytics

"CB expects to end 2021 with over US$3.5bn foreign reserves"

To be honest, not much to excited about this as we are deferring the problem just by a few months. Meantime I dont think they will give 1.5B for nothing. IMF could be a relief in the long run but that'll lead to politically sensitive decisions so that path is highly unlikely.

7ASPI Trend Empty Re: ASPI Trend Thu Dec 02, 2021 10:02 am

ADVENTUS


Moderator
Moderator

hotstock wrote:"CB expects to end 2021 with over US$3.5bn foreign reserves"

To be honest, not much to excited about this as we are deferring the problem just by a few months. Meantime I dont think they will give 1.5B for nothing. IMF could be a relief in the long run but that'll lead to politically sensitive decisions so that path is highly unlikely.
ALL WE NEED IS SOME SHORT TERM SUPPORT AND ONCE THE ECONOMY RUNS FDIs WILL START FLOWING IN

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