Sri Lanka Stock Market ready to fall below ASPI 10,400

God Father

God Father

Senior Manager - Equity Analytics

Posts : 474
Equity Stars : 3024
Reputation : 5
Join date : 2019-03-23

Sri Lanka Stock Market ready to fall below ASPI 10,400 Scree388

Sri Lanka Stock Market ready for the big fall below ASPI 10,400 according to stock market experts.

https://x.com/ChronicleLK/status/1732074531932557532?s=20

According to Market Experts:
ASI is searching for the direction. Bulls need a candle close above the falling wedge line (10798) to continue the momentum. Meanwhile RSI broken out early now showing a sign of a retracement.
Charts cannot lie. CSE fat lady ready to sing!!

Last edited by God Father on Wed Dec 06, 2023 6:50 am; edited 1 time in total

Wed Dec 06, 2023 6:07 am by **D.G.Dayaratne** · Wed Dec 06, 2023 6:07 am by **D.G.Dayaratne**

Stock market will go up only after six months of establishment of NPP GOVERMENT

1. investors WILL REALISE WHAT IS NPP POLICY ONLY AFTER SIX MONTHS

2.LOT OF MISCOCEPTION ABOUT NPP ECONOMIC POLICY AT PRESENT

3 CHINA ALSO HAVE A WELL MANAGED STOCK MARKET AT PRESENT.THEY ARE GOING TO ESTABLISH NEW STOCK MAKET FOR SMALL AND MEDIAM ENTERPRICES I HOPE NPP WILL FOLLW SUIT

PL TRY TO COLLECT MAXIMUM AMOUT WHEN MARKET COMDOWN BELOW 10400 USING FIXED DEPOSITS AND OTHER UNPRODUCTIVE INVESMENT UNDER PRESENT POLICY