This movement is temporarily. All the New commers pls think and take your decision because you are not going to use / spend the money which is gathered through share manipulation. The followings are the main reasons all are writing here in this forum. Up to my knowledge / experience i donot think nothing are valid reason.
1, Foreign investment is going UP - No it is going down. pls go to cse website and check. So it is not the valid reason for this market move .
2, Big Players started to play - If this is the reason , where were they in the last month ? What is the reason behind these sudden buying ? I think Some players are started , just to move the market up and clear their stock. So Be careful !!!!
3,Increase the Credit Limit - If Brokers increase the limit what will happen ? Market may go up maximum two weeks time . After that think a little bit about what will happen if market gone down ? Brokers will sell your shares as his wish. If it happens it will your Final Exit of the Market .
4.Remove the prize band . If it removes by cse only manipulaters earn money , hope i donot want to share the past exprience in LHCL,HVA,CLND,BLUE,CLND..... and so on... Who earned money end of the day in those shares ?
Why i am writing here is , i know there are many new commers in this market without experince .
I am advised by an advisor that , Some Big players ( who came to market with black money ) are planing to leave , so they need to move the market up and clear their stock. So it is good thing if you can watch the market and leave in a correct time.
Anyone can comment if you think in a different way ,
Regards,
Ananth