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

Latest topics

» Avoid investing in Abans Group company shares
by Wimal Modawansa Today at 12:37 pm

» Lanka Cement
by sureshot Today at 11:09 am

» SDB - AN IMPRESSIVE PERFORMANCE
by samaritan Today at 9:12 am

» Beware of banking stocks
by dsam Yesterday at 11:12 pm

» Roshan Egodage's Money Grabbing
by Investor1994 Yesterday at 7:10 pm

» CIFL ANY NEWS
by Gambino7 Yesterday at 12:13 pm

» CFT share එක මොනව හරි දෙයක් වෙනව වාගෙ.
by sameboy Sun Dec 10, 2017 6:43 pm

» Tea prices up and up.Plantation shares down and down!
by Teller Sun Dec 10, 2017 2:44 am

» CEYLON COLD STORES PLC(CCS.N0000)
by rosa maria Sat Dec 09, 2017 4:48 pm

» BFN .. ORIENT FINANCE PLC
by Teller Fri Dec 08, 2017 10:52 pm

» People's Leasing Company
by Teller Fri Dec 08, 2017 10:41 am

» Sri Lanka Exports up 12.9-pct in Sept
by Teller Fri Dec 08, 2017 10:38 am

» DECEMBER DISCOUNT
by Teller Fri Dec 08, 2017 10:30 am

» LLMP - New Strategic Marketing >>> Boooom
by Teller Fri Dec 08, 2017 10:27 am

» Why LLUB.N0000 going down ?
by Teller Fri Dec 08, 2017 10:20 am

» LDEV rights
by Teller Fri Dec 08, 2017 10:16 am

» SAMP Rights Issue
by niru Thu Dec 07, 2017 8:04 pm

» Risk of top 20
by Yahapalanaya Thu Dec 07, 2017 7:56 pm

» Whats happenning with SHL
by Suranga_77 Thu Dec 07, 2017 12:54 pm

» RENUKA CAPITAL PLC (KZOO.N0000)
by Nethu Tue Dec 05, 2017 10:41 am

» ALLI-why so cheap?
by Agape Mon Dec 04, 2017 12:55 pm

» PHAR WITH LAND SALE WHAT WOULD BE THE EPS FOR NEXT QR.
by Eugine Fernando Mon Dec 04, 2017 8:51 am

» CFVF will HIT. 40 BY Next. Thursday
by Ryan Hudson Mon Dec 04, 2017 7:17 am

» best stocks to buy now
by Ryan Hudson Mon Dec 04, 2017 7:16 am

» KZOO - Renuka Capital Excellent Term Report
by The Hunter Sun Dec 03, 2017 10:58 am

HashFlare

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

View previous topic View next topic 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

View previous topic View next topic Back to top  Message [Page 1 of 1]

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