PCH Shares Volume Traded... What is your Views about Trade Volume and Trading Pattern..

Hi Friends

I just analyzed the PCH trading from 1st of Jan and up to now... there were 131mn shares traded within this period....

We can see every day averagely 1mn shares are trading... why this much of interest from investors.......

What is your view about PCH trading volume and pattern...


the details are...

Date Volume No. of Trades Previous Closing High Low Closing Price** Change Change % MACD
1/3/2011 12,003,000 2,588 11.3 13.8 11.5 13.4 2.1 18.58 0.43
1/4/2011 16,835,400 3,762 13.4 16.8 13.9 16.1 2.7 20.15 0.65
1/5/2011 121,300 105 16.1 14.5 14.5 14.5 -1.6 -9.94 1.36
1/6/2011 3,954,300 985 14.5 15.8 13.1 15.2 0.7 4.83 1.42
1/7/2011 1,313,900 545 15.2 16 15.4 16 0.8 5.26 1.48
1/10/2011 4,628,400 849 16 17.6 16.1 17.6 1.6 10 2.46
1/11/2011 2,201,300 683 17.6 19.3 18 19.3 1.7 9.66 3.44
1/12/2011 653,500 254 19.3 21.2 21.2 21.2 1.9 9.84 4.44
1/13/2011 3,774,900 1,364 21.2 23.3 19.1 20.7 -0.5 -2.36 5.24
1/14/2011 612,900 330 20.7 21 18.9 20 -0.7 -3.38 6.03
1/17/2011 535,700 265 20 20.1 18 18 -2 -10 5.87
1/18/2011 1,762,800 623 18 19.8 16.2 19.5 1.5 8.33 5.99
1/20/2011 1,239,600 552 19.5 21.4 20 21.4 1.9 9.74 6.15
1/21/2011 1,909,400 771 21.4 23.5 21.9 22.9 1.5 7.01 7.11
1/24/2011 1,069,700 488 21.4 23.9 22.5 23.1 1.7 7.94 7.05
1/25/2011 1,042,500 428 23.1 23.7 22.5 23.2 0.1 0.43 6.98
1/26/2011 2,494,000 588 23.2 25.5 23.5 25.5 2.3 9.91 7.16
1/27/2011 16,893,600 4,319 25.5 32 27.8 30.5 5 19.61 7.48
1/28/2011 6,264,100 2,487 30.5 32.2 29.3 30.6 0.1 0.33 7.41
1/31/2011 2,411,100 1,378 30.6 30.7 27 27.5 -3.1 -10.13 7.08
2/1/2011 4,155,700 1,569 27.5 30.5 27.1 28.4 0.9 3.27 7.07
2/2/2011 2,021,800 812 28.4 29.5 27 27.3 -1.1 -3.87 6.9
2/3/2011 1,879,400 779 27.3 28.5 26.7 27 -0.3 -1.1 6.88
2/7/2011 5,566,700 1,942 27 26 22.9 24.9 -2.1 -7.78 6.71
2/8/2011 1,666,600 831 24.9 25.9 23.7 24 -0.9 -3.61 6.64
2/9/2011 1,321,400 666 24 24.3 23 23.3 -0.7 -2.92 6.59
2/10/2011 5,339,300 1,122 23.3 23.9 21 22.9 -0.4 -1.72 6.55
2/11/2011 689,500 403 22.9 23 22 22.1 -0.8 -3.49 6.49
2/14/2011 1,392,000 499 22.1 22 20.8 21 -1.1 -4.98 6.4
2/15/2011 1,058,400 420 21 21 19.2 20.4 -0.6 -2.86 5.51
2/18/2011 2,530,200 1,255 20.4 23.7 19.9 22.4 2 9.8 4.82
2/21/2011 1,119,000 492 22.4 23.6 21 21.3 -1.1 -4.91 4.73
2/22/2011 638,700 279 21.3 21.9 20.5 20.6 -0.7 -3.29 4.68
2/23/2011 664,900 377 20.6 21.8 20.5 21.1 0.5 2.43 4.72
2/24/2011 568,500 296 21.1 31 20.8 20.8 -0.3 -1.42 4.69
2/25/2011 678,500 339 20.8 21.5 20.6 20.8 - - 4.69
2/28/2011 659,600 390 20.8 21 20.1 20.3 -0.5 -2.4 4.65
3/1/2011 371,800 217 20.3 20.9 20.1 20.2 -0.1 -0.49 4.65
3/3/2011 528,300 317 20.2 20.5 19 19.4 -0.8 -3.96 4.58
3/4/2011 714,100 333 19.4 20.3 19.1 19.6 0.2 1.03 3.75
3/7/2011 760,500 314 19.6 19.5 18.5 19 -0.6 -3.06 3.7
3/8/2011 2,892,400 656 19 19 17.9 18 -1 -5.26 3.62
3/9/2011 2,337,500 416 18 18.5 17.5 17.7 -0.3 -1.67 2.75
3/10/2011 7,348,900 1,400 17.7 19.1 17.5 18.5 0.8 4.52 1.97
3/11/2011 944,800 399 18.5 18.8 17.9 18 -0.5 -2.7 1.93
3/14/2011 1,083,900 320 18 18.1 17.1 17.3 -0.7 -3.89 1.88
3/15/2011 850,800 374 17.3 17.5 16.5 16.6 -0.7 -4.05 1.82

Happy Trading...

there's a separate ministry for IT for the first time, that's why investors are interested in it

well said

don't under estimate seyons observarion. I will remind you this again in 2011 december.

seyon wrote:Hi Friends

I just analyzed the PCH trading from 1st of Jan and up to now... there were 131mn shares traded within this period....

We can see every day averagely 1mn shares are trading... why this much of interest from investors.......

What is your view about PCH trading volume and pattern...


the details are...

Date Volume No. of Trades Previous Closing High Low Closing Price** Change Change % MACD
1/3/2011 12,003,000 2,588 11.3 13.8 11.5 13.4 2.1 18.58 0.43
1/4/2011 16,835,400 3,762 13.4 16.8 13.9 16.1 2.7 20.15 0.65
1/5/2011 121,300 105 16.1 14.5 14.5 14.5 -1.6 -9.94 1.36
1/6/2011 3,954,300 985 14.5 15.8 13.1 15.2 0.7 4.83 1.42
1/7/2011 1,313,900 545 15.2 16 15.4 16 0.8 5.26 1.48
1/10/2011 4,628,400 849 16 17.6 16.1 17.6 1.6 10 2.46
1/11/2011 2,201,300 683 17.6 19.3 18 19.3 1.7 9.66 3.44
1/12/2011 653,500 254 19.3 21.2 21.2 21.2 1.9 9.84 4.44
1/13/2011 3,774,900 1,364 21.2 23.3 19.1 20.7 -0.5 -2.36 5.24
1/14/2011 612,900 330 20.7 21 18.9 20 -0.7 -3.38 6.03
1/17/2011 535,700 265 20 20.1 18 18 -2 -10 5.87
1/18/2011 1,762,800 623 18 19.8 16.2 19.5 1.5 8.33 5.99
1/20/2011 1,239,600 552 19.5 21.4 20 21.4 1.9 9.74 6.15
1/21/2011 1,909,400 771 21.4 23.5 21.9 22.9 1.5 7.01 7.11
1/24/2011 1,069,700 488 21.4 23.9 22.5 23.1 1.7 7.94 7.05
1/25/2011 1,042,500 428 23.1 23.7 22.5 23.2 0.1 0.43 6.98
1/26/2011 2,494,000 588 23.2 25.5 23.5 25.5 2.3 9.91 7.16
1/27/2011 16,893,600 4,319 25.5 32 27.8 30.5 5 19.61 7.48
1/28/2011 6,264,100 2,487 30.5 32.2 29.3 30.6 0.1 0.33 7.41
1/31/2011 2,411,100 1,378 30.6 30.7 27 27.5 -3.1 -10.13 7.08
2/1/2011 4,155,700 1,569 27.5 30.5 27.1 28.4 0.9 3.27 7.07
2/2/2011 2,021,800 812 28.4 29.5 27 27.3 -1.1 -3.87 6.9
2/3/2011 1,879,400 779 27.3 28.5 26.7 27 -0.3 -1.1 6.88
2/7/2011 5,566,700 1,942 27 26 22.9 24.9 -2.1 -7.78 6.71
2/8/2011 1,666,600 831 24.9 25.9 23.7 24 -0.9 -3.61 6.64
2/9/2011 1,321,400 666 24 24.3 23 23.3 -0.7 -2.92 6.59
2/10/2011 5,339,300 1,122 23.3 23.9 21 22.9 -0.4 -1.72 6.55
2/11/2011 689,500 403 22.9 23 22 22.1 -0.8 -3.49 6.49
2/14/2011 1,392,000 499 22.1 22 20.8 21 -1.1 -4.98 6.4
2/15/2011 1,058,400 420 21 21 19.2 20.4 -0.6 -2.86 5.51
2/18/2011 2,530,200 1,255 20.4 23.7 19.9 22.4 2 9.8 4.82
2/21/2011 1,119,000 492 22.4 23.6 21 21.3 -1.1 -4.91 4.73
2/22/2011 638,700 279 21.3 21.9 20.5 20.6 -0.7 -3.29 4.68
2/23/2011 664,900 377 20.6 21.8 20.5 21.1 0.5 2.43 4.72
2/24/2011 568,500 296 21.1 31 20.8 20.8 -0.3 -1.42 4.69
2/25/2011 678,500 339 20.8 21.5 20.6 20.8 - - 4.69
2/28/2011 659,600 390 20.8 21 20.1 20.3 -0.5 -2.4 4.65
3/1/2011 371,800 217 20.3 20.9 20.1 20.2 -0.1 -0.49 4.65
3/3/2011 528,300 317 20.2 20.5 19 19.4 -0.8 -3.96 4.58
3/4/2011 714,100 333 19.4 20.3 19.1 19.6 0.2 1.03 3.75
3/7/2011 760,500 314 19.6 19.5 18.5 19 -0.6 -3.06 3.7
3/8/2011 2,892,400 656 19 19 17.9 18 -1 -5.26 3.62
3/9/2011 2,337,500 416 18 18.5 17.5 17.7 -0.3 -1.67 2.75
3/10/2011 7,348,900 1,400 17.7 19.1 17.5 18.5 0.8 4.52 1.97
3/11/2011 944,800 399 18.5 18.8 17.9 18 -0.5 -2.7 1.93
3/14/2011 1,083,900 320 18 18.1 17.1 17.3 -0.7 -3.89 1.88
3/15/2011 850,800 374 17.3 17.5 16.5 16.6 -0.7 -4.05 1.82

Happy Trading...

There is lot of love and hate with this share. Yes it did inflate to Rs 32 and the people who bought then would have got burnt badly. Some people warned also. But looking at the period from Jan 28th to Feb 1st there was lot of volume traded on high prices.
So Seyon observations should not be thrown away from a analytical point of view.

If some bought at Rs 10 -11 it would have been one thing. But Buying at Rs 30-32 without fundamentals was another. But now, that ship had sailed. Watching will do no harm to see it drops below Rs 15 at any time to panic selling.

Now guys do not get emotional. I am saying only from a analytical stand point as with any other share.

slstock wrote:

There is lot of love and hate with this share. Yes it did inflate to Rs 32 and the people who bought then would have got burnt badly. Some people warned also. But looking at the period from Jan 28th to Feb 1st there was lot of volume traded on high prices.
So Seyon observations should not be thrown away from a analytical point of view.

If some bought at Rs 10 -11 it would have been one thing. But Buying at Rs 30-32 without fundamentals was another. But now, that ship had sailed. Watching will do no harm to see it drops below Rs 15 at any time to panic selling.

Now guys do not get emotional. I am saying only from a analytical stand point as with any other share.

Yas slstock, I also went through this clapper @25-26 rate in small quantity (luckily) due to my new broker promoted it to me that with some factors. When I realized the real scenario I was late. But No point to average. will hold to exit with some profit....
But from that I realized one thing never depend or highly trust brokers in such unstudied counters...
Good luck for PCH packets like mine.. !

Hi Guys

Today also we could see the massive volume traded ( 6Mn shares) .... How do u look into this... any improvement in the company performance or merely manipulation..

Happy Trading

seyon wrote:Hi Guys

Today also we could see the massive volume traded ( 6Mn shares) .... How do u look into this... any improvement in the company performance or merely manipulation..

Happy Trading

No of shares - 228.93 million
Shares held by public (As of Dec 2010) - 25%
No of shares held by public (As of Dec 2010) - 57.23 million
No of shares traded today - 6.2 million

So, today 10.84% of shares traded held by public.

Monster wrote:

seyon wrote:Hi Guys

Today also we could see the massive volume traded ( 6Mn shares) .... How do u look into this... any improvement in the company performance or merely manipulation..

Happy Trading

No of shares - 228.93 million
Shares held by public (As of Dec 2010) - 25%
No of shares held by public (As of Dec 2010) - 57.23 million
No of shares traded today - 6.2 million

So, today 10.84% of shares traded held by public.

Monster,
Wat is ur conclusion??
True appreciation or manipulation???