King Sasanka – Sri Lankan Writer & Retired Aviation Professional.

Colombo Stock Exchange (ASPI) Technical Analysis: Navigating the Critical 20,000 Support Level Explore the latest technical analysis for the Colombo Stock Exchange (ASPI) as of October 2026. Discover key support levels at 20,000 points, market trends, and critical scenarios to watch.   The Colombo Stock Exchange (CSE) All Share Price Index (ASPI) is facing a pivotal juncture. As of 14 October 2026, the index has retreated to hover near the psychological 20,000-point threshold , sliding down from September peaks above 21,000 points. For investors and traders active in the Sri Lankan stock market, understanding these technical support levels and prevailing market sentiment is essential for navigating the current short-term bearish trend. 1. Current Market Overview: What the Data Tells Us The latest intraday reporting places the ASPI at 20,050.22 (down 0.14%), continuing a notable downward correction. Recent session closes underscore this shifting momentum: 13 October ...

The Falling Knife: Why "Cheap" Can Get a Lot More Expensive In the world of investing, there is a seductive lure to a stock chart that looks like a cliff. You see a blue-chip company’s price plummeting and think, "It’s on sale! If I buy now, I’ll be rich when it bounces back." Experienced traders have a grim name for this: Catching a falling knife. Here is why trying to be a hero during a crash usually leads to a bloody portfolio.   1. The Anatomy of the Fall The "falling knife" refers to a rapid, vertical drop in a stock’s price.  The momentum is so strong that the usual "support levels" (prices where buyers usually step in) are sliced through like butter. Why the Knife Falls Fundamental Shifts: A surprise earnings miss, a massive lawsuit, or a change in government regulation. Market Sentiment: Panic selling creates a feedback loop; as the price drops, stop-losses are triggered, causing more selling. The Value Trap: Sometimes...

 Understanding Right Issues can save you lots of troubles later. The narrations are in both Sinhala & English languages for the benefit of my local and international viewers.