DIPD/HAYC/HAYL - Mon Apr 05, 2021 10:35 pm
@judecroos wrote:@Mithooshan wrote:Keep an eye on the counters.
I'm re-posting my earlier post
It seems accumulation under discounted price is over and most of growth share are to find their new territories. Let's test this with shares like #EXPO , #DIPD #HAYC #HAYL, #ACL,#LMF,#CIC ....... within next two weeks.,
Invest in fundamentally strong dividend paying shares. GL
The CSE witnessed 2 months of SELL OFF and now in CONSOLIDATION PHASE.
Today we saw Turnover reaching above Rs 2.0Bn mark with some indications of BULLS. If you analyze the hourly volumes, it is clearly visible. Some have realized gains towards the later part of the day believing the fact that realizing a 10% gain is safer from lessons learned during last 2 months. In a way, it can be right.
Within top 5 turnover shares, Rs 697.1Mn turnover recorded in DIPD | EXPO | HAYL | HAYC which is 33% of the total turnover and it is an interesting time period before the financials are released on why people are on a collection mode in these?
We are in the early April 2021 and too early to anticipate anything in CSE. However, the market looks to be very much poised for a sustainable BULL RUN in coming weeks. I personally feel that 3~4 weeks in April 2021 and early May 2021 would be the most active weeks in CSE.
Therefore, INVEST WISELY to make SUBSTANTIAL RETURNS in companies which sense and have fundamental reasons to grow in coming quarters as well as financial capacity to make future oriented investments