Why down ????

safran mohamed · 1 Why down ???? Fri Jan 13, 2012 10:09 pm

safran mohamed

Equity Analytic

Posts : 21
Equity Stars : 3564
Reputation : 2
Join date : 2011-07-08

we could have seen..today market came down..since announcement is still pending...
probably big players may know exactly what announcement would be....however we could not see that much of buying interest today...therefor what does this meanzzzzzzz???????

Rajaraam · 2 Re: Why down ???? Fri Jan 13, 2012 11:03 pm

Rajaraam

Vice President - Equity Analytics

Posts : 1208
Equity Stars : 4872
Reputation : 113
Join date : 2011-07-01

We cant expect CSE to be green everyday even in a strong uptrend. Today, if you could study carefully the trading pattern,. in early hrs ASI up by around 50 points and after 12.00 noon gradually buying orders were cancelled . That means big buyers who bought shares until 12.00 noon at higher price level than yesterday canceled their orders in order to bring down the price. Last 2 and a half hrs ASI was struggling to maintain at yesterday's level until 2.00 pm, but finally dropped by 13 points. That doesn't indicate a lost of interest of buyers and further drop of ASI on Monday. Coz even the collectors use various strategies to bring down the price. Some times as we all know they sell small quantities at lower price just to bring down the price and they know in such situations retailers start panic selling. But if we understand this we can easily avoid reaction to those wrong indications and expect a full green Monday.I personnely feel Monday market would be dark green.
Happy trading!

rubber.trader · 3 Re: Why down ???? Sat Jan 14, 2012 7:52 am

rubber.trader

Equity Analytic

Posts : 43
Equity Stars : 3401
Reputation : 3
Join date : 2011-12-23

@Rajaraam wrote:We cant expect CSE to be green everyday even in a strong uptrend. Today, if you could study carefully the trading pattern,. in early hrs ASI up by around 50 points and after 12.00 noon gradually buying orders were cancelled . That means big buyers who bought shares until 12.00 noon at higher price level than yesterday canceled their orders in order to bring down the price. Last 2 and a half hrs ASI was struggling to maintain at yesterday's level until 2.00 pm, but finally dropped by 13 points. That doesn't indicate a lost of interest of buyers and further drop of ASI on Monday. Coz even the collectors use various strategies to bring down the price. Some times as we all know they sell small quantities at lower price just to bring down the price and they know in such situations retailers start panic selling. But if we understand this we can easily avoid reaction to those wrong indications and expect a full green Monday.I personnely feel Monday market would be dark green.
Happy trading!

Rajaram (or should I call your Rajitha?) please also give some advice on how to avoid panic buying. People seem to get taken in by all the fake buy orders on eg RICH and TKYO.X on friday. GREG and GREG warrants the past three four days.

Rajaraam · 4 Re: Why down ???? Sun Jan 15, 2012 10:01 pm

Rajaraam

Vice President - Equity Analytics

Posts : 1208
Equity Stars : 4872
Reputation : 113
Join date : 2011-07-01

@rubber.trader wrote:

@Rajaraam wrote:We cant expect CSE to be green everyday even in a strong uptrend. Today, if you could study carefully the trading pattern,. in early hrs ASI up by around 50 points and after 12.00 noon gradually buying orders were cancelled . That means big buyers who bought shares until 12.00 noon at higher price level than yesterday canceled their orders in order to bring down the price. Last 2 and a half hrs ASI was struggling to maintain at yesterday's level until 2.00 pm, but finally dropped by 13 points. That doesn't indicate a lost of interest of buyers and further drop of ASI on Monday. Coz even the collectors use various strategies to bring down the price. Some times as we all know they sell small quantities at lower price just to bring down the price and they know in such situations retailers start panic selling. But if we understand this we can easily avoid reaction to those wrong indications and expect a full green Monday.I personnely feel Monday market would be dark green.
Happy trading!

Rajaram (or should I call your Rajitha?) please also give some advice on how to avoid panic buying. People seem to get taken in by all the fake buy orders on eg RICH and TKYO.X on friday. GREG and GREG warrants the past three four days.

Dear rubber.trader or iluminati or deleted( I think all accounts are yours),

I have answered to your question already. May be in a different thread.Anyway I am not a fake Account of Rajitha. But I must tell you eventhough I have some different views on certain issues with Rajitha I respect him coz he debates with some reasonble points on any issue.

Coming back to your point I have to tell you please dont try to correct the market behaviour. You cant do that even you are one of the large scale share traders in CSE. Try to undestand market behavior in evey hour and act as a wise person to earn even a small profit( at least to cover your daily expences.) In a bull you will have a better chance to earn big money. But even in bear why not you try? Look some ppl easily made good money from GREG last week. About two weeks ago you could have earned from TESS and PLC. SL. Market and some active members have earned (according to their posts)some reasonable profit in frequently fluctuating market during last month or two. Why not you try rather than waiting till ASI hit 3000 or 2000.

Sponsored content

Latest topics

Why down ????

1 Why down ???? Fri Jan 13, 2012 10:09 pm

safran mohamed

2 Re: Why down ???? Fri Jan 13, 2012 11:03 pm

Rajaraam

3 Re: Why down ???? Sat Jan 14, 2012 7:52 am

rubber.trader

4 Re: Why down ???? Sun Jan 15, 2012 10:01 pm

Rajaraam

5 Re: Why down ????

Sponsored content