Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» PLAYERS PICK OF THE DAY
by sanjulanka Today at 7:10 am

» MARKET CRASH - GUARANTEED
by ruwan326 Yesterday at 9:05 pm

» Bathbala Balaya...
by DS Wijesinghe Yesterday at 7:26 pm

» Are you happy now? ඔබට සතුටුයිද දැන් ?
by DS Wijesinghe Yesterday at 6:54 pm

» Central Bank will intervene if rupee moves on speculation – official
by Miss-Sangeetha Yesterday at 4:09 pm

» MAHINDA RAJAPAKSHA 'S FUTURISTIC LEADERSHIP PAYS RICH DIVIDENDS
by DS Wijesinghe Yesterday at 8:08 am

» CSE WEEKLY
by ruwan326 Sat Sep 22, 2018 7:02 pm

» රජයට කෘත්‍රිමව රුපියල පාලනය කළ හැකිද?
by samaritan Sat Sep 22, 2018 2:50 pm

» DOLLAR MOVING UP UP
by samaritan Sat Sep 22, 2018 10:30 am

» Maharaja from Rajasthan
by ruwan326 Sat Sep 22, 2018 9:29 am

» Weekly Stock Market Roundup
by Insights Equity Fri Sep 21, 2018 10:40 pm

» MARKET CRASH - NOT GUARANTEED
by DS Wijesinghe Fri Sep 21, 2018 10:17 pm

» Summary of Key Announcements during the week 10 August 2018
by ruwan326 Fri Sep 21, 2018 7:32 pm

» Daily Foreign Transactions
by ruwan326 Fri Sep 21, 2018 7:30 pm

» Daily Stock Market Update
by Insights Equity Fri Sep 21, 2018 7:11 pm

» ඩොලරය රු. 170 යි
by samaritan Fri Sep 21, 2018 3:44 pm

» WHY SRI LANKAN CAN NOT DO THIS
by Chanuque Fri Sep 21, 2018 6:24 am

» Time has come to reverse 70 years history
by ruwan326 Thu Sep 20, 2018 7:22 pm

» Gold climbs as dollar weakens on U.S.-China trade dispute
by Miss-Sangeetha Thu Sep 20, 2018 3:39 pm

» BLI Shares
by EGG Thu Sep 20, 2018 2:03 pm

» Banking shares Value picks for long term
by jayathu Thu Sep 20, 2018 1:32 pm

» UAL - Going down now?
by ruwan326 Wed Sep 19, 2018 9:47 pm

» Quality Management Systems
by lenny123 Wed Sep 19, 2018 10:54 am

» ASI MAY GO DOWN TO 5950
by Ahcha Wed Sep 19, 2018 9:43 am

» Clarification on the Erroneous Report regarding Sri Lanka issued by Nomura Holdings Inc.
by ruwan326 Wed Sep 19, 2018 8:59 am

» Invest on valuable metal
by Supunnawarathna Tue Sep 18, 2018 7:54 pm

» Market going down today?
by ruwan326 Tue Sep 18, 2018 12:00 pm

» SFL COLLECTION GOING ON....??????????
by sanjulanka Tue Sep 18, 2018 9:11 am

» ANILANA MANDATORY OFFER
by ruwan326 Mon Sep 17, 2018 7:52 pm

» Treasury to take over key role of Central Bank
by ruwan326 Mon Sep 17, 2018 6:45 am

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market News » GOOD NEWS. March decline and April Rising in CSE from 2013

GOOD NEWS. March decline and April Rising in CSE from 2013

Go down  Message [Page 1 of 1]

Learner19


Senior Equity Analytic
Senior Equity Analytic
When I was analyzing the ASI movement in the last few years I noticed a pattern from 2013 onward.

2013 

January 02  -  5683
March   05  -  5626
April     30  -  5953

2014

January 02  -  5968
March   14  -  5896
April     30  -  6223

2015

January 02  -  7348
March   30  -  6782
April     30  -  7179

2016

January 04  -  6867
March   09  -  5862
April     30  -  6516

2017

January 02  -  6192
March   08  -  6095
April     30  -  ????

In each year the ASI has started high from the beginning of January and come to a low in somewhere in March. Then it has moved high in April each year reversing the decline. This can easily be explained using charts but I couldn't upload them.

This year also the same is happening imo. ASI started at 6192 and come down to 6095 so far on 08.03.2017. It might go down further or move around in this month.

My feeling is market will move upwards in April. Its not going to move continuously but may be in April and May and then might come down.

I am not a technical expert but an observation only.

Experts please share your thoughts.



Last edited by Learner19 on Wed Mar 08, 2017 10:22 pm; edited 1 time in total (Reason for editing : spelling)

Thushara Ayya

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
In March 17, 2016 I have post a similar topic "Get ready for April rise..." 2016 
http://forum.srilankaequity.com/t49847-get-ready-for-april-rise

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum