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Sri Lanka Equity Forum » Stock Market Talk » GRAN Chart :- June - August 2016

GRAN Chart :- June - August 2016

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1 GRAN Chart :- June - August 2016 on Sun Aug 07, 2016 10:10 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics



Please check any one GRAN daily chart June to August


is that Cup- Handle?


EC your idea...

2 Re: GRAN Chart :- June - August 2016 on Mon Aug 08, 2016 8:32 am

EquityChamp

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It is close to but still early stage. Anyway I have a very high feeling that a strong selling pressure is to be build up arround 80-82; maybe a big holder wants to shed. Another thing I noted is the reisitance level has been moved up from 72 to 78 now which is a good thing. Any investor buys at current levels should be future winners but need to prepare to hold at least few months.

3 Re: GRAN Chart :- June - August 2016 on Mon Aug 08, 2016 9:30 am

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
How about possible buying from EPF/ETF since GRAN's future growth is known. Breaking present stagnation might extend another 2-3 months until 2nd quarter corporate results come out.

4 Re: GRAN Chart :- June - August 2016 on Mon Aug 08, 2016 11:33 am

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
during last few quarters JAPFA sold 2.2 Millions stocks. 

JAPFA Sold. when market performing bad way. now getting better i am not thinking JAPFA selling under this environment

I think People Mind set in negative way.

any ideas.....

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