PACK.N BREAKOUT ON SUPPORTThe chart displays a clear downtrend from a high of approximately LKR 16.8 in late 2024, followed by a significant decline. A potential reversal or base-forming phase appears to have begun around the May 2025 low (around LKR 13.0).
Current Market Structure
The stock has been trading in a sideways consolidation range since July 2025, primarily between the Daily Support area (approx. LKR 14.6 to LKR 14.8) and a local high around LKR 16.0.
Bearish Signal: The most recent weekly candlestick (endin
TKYO.N BEARISH PROJECTIONThe stock established a strong uptrend from June 2025, defined by the solid Trend Line which acted as dynamic support. This uptrend led the price to challenge and briefly break above the significant Resistance zone around LKR 91.5 - LKR 94.0 in October.
Current Technical Status
The key development is the recent breakdown of the ascending Trend Line, which the chart labels as a "Bearish Breakout."
Failed Breakout: The move above the LKR 91.5 - LKR 94.0 Resistance zone proved to be unsustainable
ALUM.N PULLBACK ON TOPThe stock is in a clear long-term uptrend starting from mid-2022, defined by the major ascending trendline. Since early 2024, the price action has accelerated within a tighter ascending channel (dashed lines).
The key technical development is the recent interaction with the long-term Resistance zone established in early 2022, located between approximately LKR 17.0 and LKR 18.5. The stock successfully broke above this significant resistance zone in mid-2025 and is currently trading above it. Thi
JKH.N RISING WEDGE The stock has been trading within a Rising Wedge pattern since late 2019/early 2020. This pattern is generally considered a bearish reversal pattern, suggesting that a decisive break below the lower trendline could lead to a significant downtrend.
The price has recently been testing the lower trendline of the Rising Wedge. The current weekly candle, as circled, is right at this critical support line, indicating an immediate inflection point. The stock closed the week at LKR 21.1, down 1.40%.
K
RWSL.N0000 : CSE - Short Term OutlookPrevious Discussion
4X since initial discussion
Short Term Outlook
Technical Analysis (Chart Patterns)
* RWSL is nearing completion of a flag formation
* Flags are continuation patterns
* Breakout can occur any time as the pattern is matured now.
* Pattern target is LKR is LKR 33.50 - 34 +
Invalidation
* Breakdown below Trend Line 'B' invalidates the setup
* Traders should apply a comfortable stop-loss below TL B
Long Term Outlook
* To be discussed further. Let’s explore fun
MT/LT prospects for RWSL : RECORD SALT HARVEST to drive earningsPrevious Discussions
A. Short term TA outlook (8th Oct. 2025)
B. Longterm outlook (17th April 2024)
RWSL gave a 4X return since 17th April 2024 discussion.
Revisit of 2024 Bull Thesis
The original 2024 bull thesis was anchored on expectations of dry weather following several years of adverse conditions in Sri Lanka’s salt-producing regions. The assumption was that a bumper harvest would boost topline and gross profit (GP) margins for RWSL, the largest private salt producer
LANKA IOC PLC : LIOC.N0000 : CSETechnical Analysis (Chart Patterns)
Lanka IOC (LIOC) is poised to break out from a descending wedge/channel pattern.
• Upward momentum is expected to continue in the near term, supported by positive sentiment following strong Q2 earnings.
Potential Pattern Targets
Initial Target: LKR 142.25
Despite its strong fundamentals, LIOC remains underappreciated—overshadowed by FOMO-driven activity in the financial sector.
📌 A complete discussion will follow
ROYAL CERAMICS LANKA PLC : RCL.N0000 : CSEShort Term Outlook
Technical Analysis (Chart Patterns)
* RCL is nearing completion of a Cup & Handle pattern
* Confirmed breakout above NL indicates the pattern breakout
* Pattern target is LKR 57+
Invalidation
* Fall below LKR 42 can be considered an invalidation
* Traders should apply a comfortable stop-loss
Long Term Outlook
* To be discussed further—explore fundamentals and macro drivers.
JOHN KEELLS HOLDINGS PLC : JKH.N0000 : CSEOverview
John Keells Holdings (JKH) is the largest publicly listed company on the Colombo Stock Exchange (CSE), known for its strong fundamentals, high liquidity, and blue-chip status.
Strategy
This trade is based on a technical breakout pattern, supported by the recent upgrade of Sri Lanka’s foreign currency (FC) credit rating from default to CCC+ with a stable outlook.
The ratings upgrade is a significant catalyst for the CSE, as it reopens the market to large foreign institutional funds
East West Properties PLC | Bearish OutlookEast West Properties PLC
Bearish Outlook
Structure: Daily Resistance, Trend Line
A daily resistance has been identified where a reversal has occurred. For a further decline, a bearish breakout below the trendline is required. However, as long as EAST trades above the trendline, the overall market trend remains bullish.
First Capital Treasuries PLC | Bullish OutlookFirst Capital Treasuries PLC
Bullish Outlook
Structure: Breakout and Retracement on the recent bullish rally
FCT has shown strong bullish momentum, but with the recent buying pressure, we’ve identified a sharp rejection followed by selling. This suggests a potential retracement in the recent rally before any continuation to the upside. Additionally, a gap has appeared near the highlighted key support level, which could play a crucial role in the next move.
Commercial Bank PLC | Bearish OutlookCommercial Bank PLC
Bearish Outlook
Structure: Bullish Channel and Reversal on Upper Boundary
As expected the price has started to respect and reverse on top by respecting the upper boundary of the bullish channel formed. We expect a retest back on the trend line/ lower boundary formed.
TESS Agro PLC | First Target AchievedTESS Agro PLC
Bullish Outlook
Structure: Accumulation Breakout and Continuation
Price rally has hit our first target level at Rs1.7 successfully with the recent bullish sentiment built on the market. And now we hold our positions towards the next target above Rs 2.0
YTD Performance: Large NBFIs of CSE vs. ASI & LOFCOverview
All major Non-Bank Financial Institutions (NBFIs) listed on the Colombo Stock Exchange (CSE) have significantly outperformed the All Share Index (ASI) in Year-to-Date (YTD) terms—with one exception.
YTD Returns (2025)
Institution / Index | YTD Performance
----------------------------------------------
ASI 37%
COCR 127%
CFIN 93%
LFIN 66%
PLC 64%
LOFC -1.47%
Underperformance of LOFC
LOLC Finance (LOFC), the
JKH.NDisclaimer;
The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other advice, and you should not treat any of the website’s content as such. We do not recommend buying, selling, or holding any stock. Nothing on this website should be taken as an offer to buy, sell or hold a stock. Conduct your due diligence and consult your financial advisor before making investment decisions.
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PARQ.N00001. Current Trend and Price Action
Uptrend: The stock is in a strong bullish trend, with consistent higher highs and higher lows evident in the weekly chart.
Key Resistance Levels:
The stock is approaching a critical resistance zone between 36.7 (0.618 Fibonacci level) and 38.0 (0.65 Fib level). These levels could act as barriers unless strong buying momentum continues.
Support Levels:
Immediate support is at 32.5 (0.5 Fibonacci level). If the stock pulls back, this level should act as a strong























