The food and beverage sector is facing resistance at 2261, with potential downside to Fibonacci levels if it breaks below 2200.
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කොටස් වෙළදපොල bearish market එහෙකට හැරෙයිද ? What is the key point for turning ASPI into bearish ?
The creator analyzes the Sri Lankan stock market (ASPI), noting a bearish trend and potential further declines. Technical analysis suggests a downtrend, with key support levels identified. The video also briefly touches on Bitcoin's performance and sector-specific analysis, highlighting potential opportunities amidst the downturn. The creator emphasizes the importance of careful analysis and strategic investment in the current volatile market environment.
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The capital goods sector is bearish, with key resistance at 2307 and the 200-day moving average acting as resistance, suggesting a cautious approach.
The ASPI (All Share Price Index) has entered a correction phase and is showing a bearish trend, with potential for further declines.
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