JKH.N0000 - Key fib levels in monthly chartJKH is consolidating in golden pocket now. It should close above golden pocket to keep bullish momentum.In next few months, Next support will be around 0.5 fib level and resistance will be 0.718
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the
Raigam Wayamba Saltetns RWSL.N0000-(CSE/Colombo Stock Exchange)Fundamentals
* Expected 12M EPS - LKR 1.20
* PE - 5.91 (@ LTP LKR 7.10)
* NAV - LKR 8.36
* Expecting NAV YE March 2024 - LKR 8.76
* PBV - 0.81
* Free Cash/Share (Including Fixed Deposits) - > LKR 3.00
Fundamental Investment Thesis Summary
* Sri Lanka had extremely high interest rates above 25% during 2022 & 2023
* Now fixed income rates had dropped below 10% and expecting fall below and remain lower
* No incentive for the company to continue with high free cash buffers
* Company is curren
BIL.N0000 (CSE/Colombo Stock Exchange)Fundamentals
* 9M EPS LKR 1.53
* PE - 4 (@ LTP LKR 6.20)
* NAV - LKR 9.65
* PBV - 0.64
* Largest shareholder of HNB
Fundamental business outlook
** If ISB re-structuring achieved with no haircuts prompting HNB to reverse 100% provisions, a positive impact of LKR 1.23/share of BIL will occur.
Technical Analysis (Chart Patterns)
* With the breaking of LKR 5.80, BILs with a confirmed C&H Break Out.
Potential Pattern Targets
* Ascending triangle (handle of C7H pattern) LKR 6.60
* Cu
BIL Bulls Taking Charge [Sri Lanka]All technical indicators indicate that BIL will once again reach double digits this year. BIL reached an all-time high of LKR 19.2 in the December 2021 bull run, only to later retrace by 80% to LKR 3.9 in April 2022. BIL appears to have consolidated between LKR 8.2 (0.618 Fib Retracement) and LKR 5.2 (0.786 Fib Retracement) in the subsequent 24 months.
EMA - Trading above the 15/30/65 EMA
Pivot Points - 4H/24H/1W pivot points are bullish
Volume - Increased interest on the counter in the last 3
TKYO X sitting on Daily Support2H chart indicate RSI near oversold. Daily chart show the share price has dropped towards 20EMA band. A bounce towards 55EMA would be closer to 43 with quarterly results are expected in middle of May. A bag of Cement price increase by Rs 100 will be help improve the margins. It is also expected the company to commence operations in the upgraded grinding mill in early part of Q2/2024 and after initial phase of testing, commercial operation to commence hopefully after 2H2024. Upon successful comme
LOFC.N0000 : LOLC FINANCE PLC - Breaking of Cup & Handle PatternFundamentals
* LOFC Earnings & Net Assets were dropped due to the acquisition of Commercial Leasing and LOLC Development Finance under non-bank financial sector reforms in Sri Lanka. (Due to an accounting treatment - Merger Reserve of negative LKR 262.9 billion, not an operational loss)
* With the economic recovery of Sri Lanka LOFC had reported 2 consecutive Qs of solid earnings growth
* Forward EPS 1.24, FWD PE 5
* Due to negative merger reserve company will enjoy tax advantages
Technica
AAIC.N0000Next Resistance level - 75
Support level 64
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
CFVF.N0000Next Resistance Level - 20
Support Level 33
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
Commercial Bank of Ceylon PLC: Potential Upside Ahead
Title:
Commercial Bank of Ceylon PLC: Potential Upside Ahead
Greetings, Traders!
🌟 Hello everyone,
The Commercial Bank of Ceylon PLC, a prominent player in the Sri Lankan banking sector, shows promising signs of further upside potential.
$CSE:COMB
Key Observations:
- As a leading commercial bank in Sri Lanka, Commercial Bank of Ceylon PLC has a strong market presence and a solid track record.
- Recent market analysis suggests that there may be additional upside potential for the
CSELIOCThe share looks to be in the final stage of marking its sign og strength and readying to breakout of its long consolidation range between 100-115 levels. We observe strong interest building up if we see the recent volume bars. Strong correlation that increase volumes attractive with higher prices.
COCR.N0000Wait for pullback to 30
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
EXPO.N0000 - How to buy and sellBuy and Sell zones mentioned in the chart.
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
ELong
BIL.N0000 - Strong Support, Buy and Sell ZonesIf you missed the chance to buy BIL less than 5, you can wait for a pullback to buy zone in the chart.
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investme
WATA.N0000Buy Zone - 70 to 75
Target - 85+
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
ELPL.N0000Entry Point: 85 - 90
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
SLT.N0000Forming a triangle pattern in daily chart. SLT is also protecting in 200EMA line.
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
MARA.NThis chart and analysis are not financial advice. Do your own research before trading or investing.
Disclaimer: This is just an idea, not financial advice.
Here's why some people might be interested in MARA.N:
Trading activity is high: There were a lot of shares traded recently, which can signal interest from investors.
Industry is hot: Tourism is picking up, and hotel stocks might benefit.
Why some investors might be bullish on MARA.N (optimistic about the price going up):
Support levels
LMF BuyBetter to buy a chunk of LMF around current price 25.30 LKR (Now) as price is breaking out from the support zone 21.90 - 24.10 LKR and also breaking previous higher candle body price of 24.50. If you're buying new, better to buy 30% of the planned share amount, thinking of DCA if the price gets dropped. DCA buying plan is as follows.
25.30 LKR (30%)
20.00 LKR (33%)
17.50 LKR (37%)























