Market is on green side.

hariesha · 1 Market is on green side. Wed Mar 14, 2012 2:19 pm

hariesha

Vice President - Equity Analytics

Posts : 1058
Equity Stars : 7294
Reputation : 34
Join date : 2011-03-14

I thought market will come down today. But market trend is much different. Seem to be a small collection going on. Any good news?

Leo · 2 Re: Market is on green side. Wed Mar 14, 2012 4:01 pm

Leo

Manager - Equity Analytics

Posts : 296
Equity Stars : 5015
Reputation : 15
Join date : 2011-09-22

Will it be green ? is it a long green parth ahead? Very Happy

Slstock · 3 Re: Market is on green side. Wed Mar 14, 2012 4:06 pm

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13385
Reputation : 1158
Join date : 2011-01-22

hariesha wrote:I thought market will come down today. But market trend is much different. Seem to be a small collection going on. Any good news?

One thing to note is that some counter are in the oversold region. Though JKH , CFIN went up several other shares have come down . So even share like OGL and several other are in the oversold region.

But just looking at today migth be too early figure the trend. There can be some short term opportunities.

Universalgoal · 4 Re: Market is on green side. Wed Mar 14, 2012 5:16 pm

Universalgoal

Assistant Vice President - Equity Analytics

Posts : 859
Equity Stars : 6674
Reputation : 38
Join date : 2011-09-15
Age : 42
Location : Universe

slstock wrote:

hariesha wrote:I thought market will come down today. But market trend is much different. Seem to be a small collection going on. Any good news?

One thing to note is that some counter are in the oversold region. Though JKH , CFIN went up several other shares have come down . So even share like OGL and several other are in the oversold region.

But just looking at today migth be too early figure the trend. There can be some short term opportunities.

year verry good point you show short term opportunities might available

illuminati · 5 Re: Market is on green side. Wed Mar 14, 2012 6:59 pm

illuminati

Senior Manager - Equity Analytics

Posts : 336
Equity Stars : 4947
Reputation : 12
Join date : 2011-12-05

Nice coat of Green applied over Red.

smallville · 6 Re: Market is on green side. Wed Mar 14, 2012 8:10 pm

smallville

Associate Director - Equity Analytics

Posts : 4119
Equity Stars : 10117
Reputation : 530
Join date : 2011-02-03
Location : Back on Earth

Is it really green or artificial green?

I've been watching all these days and the index was kept green intentionally but the prices of most of the counters are really goin down..

hariesha · 7 Re: Market is on green side. Wed Mar 14, 2012 8:37 pm

hariesha

Vice President - Equity Analytics

Posts : 1058
Equity Stars : 7294
Reputation : 34
Join date : 2011-03-14

Today I expected the market to go deep down, taking the Chanel 4 case as an excuse or as a reason. It didn't happen, and I saw lot of resistance for a downward trend. Something like a lazy collection. There wasn't this attitude in the market for last five six days.

So I thought to start buying. After 1 p.m. I have collected about 30% of the shares I have sold in my trading portfolio about a week ago. If the trend continues I will collect the balance quantity tomorrow. I may wrong. But I strongly feel some sense in the market.