ASI gave new hopes, on the last working day of the Month......heading to test the recent high

The market closed on a high on the last working day, with the ASI breaking out of 6456 which was a mild resistance point. We can now expect the up move to re-test 6545 points, the recent high. Momentum is very interesting, and the Seasonal Quarterly figures are trickling in alongside the customary dividend pay outs. Both giving a bolster to the sentiments, despite the noise. If you are a CDS account holder through who ever the broker is, I strongly recommend to build up your Portfolio ASAP. This market will give you a minimum of 15% YOY. Don't be just reading these posts.What's holding you? Your money is yours, don't park them in the bank and regret later. Don't be stupid to try making quick bucks in the CSE. You will just be another looser joining the 99% of the ignorant, foolish lot who are willingly getting their monies burnt by all sorts of tricksters. Have a plan and invest into the best stocks, and wait....by actively watching the movement of your investments. I have given a model portfolio in my earlier post, which listed 9 SL20 stocks, also I have included the wish list I covered in another post. These will be watched and updated in this blog regularly. Last year one fund manager had recorded 11% increase in his portfolio, another 6%, and yet another -7%, whilst the model portfolio we tracked recorded 14.22%. That was when the market had given only a 3.5% return. I believe the model portfolio I have posted in the following link will out bid the ASI this year too. Check it out here:
https://docs.google.com/spreadsheets/d/1MBvPqvREQ8D-1TaudExsZwYyDUJ8ALkn-hc62w5mQyI/edit#gid=0

For all those traders, let me remind that the stop loss is very important. The reason why many are not trading in the cse yet some are happily trading forex and bitcoins or other cryptos is that they are getting stopped automatically. But when they trade in the CSE they do not apply that descipline, and get disgruntled. As we have begun another new year resolve to apply the stop loss principle, and buy only what you can loose without feeling frustrated. If you have the guts only to loose Rs.1000.00, then buy a volume to loose that amount if your trade set up fail. Be a mature Trader, without being a novice all the time.

Omnium Optimi - All the Best