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Market situation?

+11
traderathome
anjelo
UKboy
SL.Market
cruiserdude
Tiger
smallville
Roboticfx
Redbulls
nimantha80
Slstock
15 posters

Go to page : 1, 2  Next

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21Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 1:43 pm

Slstock


Director - Equity Analytics
Director - Equity Analytics

anjelo wrote:no fundamentals in this market... few hand full of people brings it up and takes it down at will.......

Yes, not at this time in market.

22Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 2:39 pm

traderathome


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

5375 will it be magical Basketball for a trend change.....technically yes it can... Very Happy

23Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 2:50 pm

Slstock


Director - Equity Analytics
Director - Equity Analytics

Yes I remember you mentioning a figure around 5400 when a few of us were talking about the overbought market in 5900-6000 and then it dropped down to 5800s. But looking at individual prices of some stocks, some are getting to be bargain again with the improving drops.


Btw BFL : dropped a lot as some people seems to have "expected" the big drop in earnings. The big selling/collection around Rs 185 should be remembered also. Dec is their strongest quarter and also the 10% chicken price increase with tax cuts should help them hopefully.




traderathome wrote:5375 will it be magical Basketball for a trend change.....technically yes it can... Very Happy

24Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 2:57 pm

traderathome


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

BFL my cost is 175 i was a bit late and very greedy....the support is around 130-120 for a rebound...but todays drop can even take us to 100 in coming days (keeping in view the ASI pull back completion around 5375) because of the huge fall. my exit would be below 100Rs Very Happy



Last edited by traderathome on Tue Nov 20, 2012 3:45 pm; edited 1 time in total

25Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 3:06 pm

Slstock


Director - Equity Analytics
Director - Equity Analytics

traderathome wrote:BFL my cost is 175 i was a bit late and very greedy....the support is around 130-120 for a rebound...but todays drop can even take us to 100 in coming days (keeping in view the ASI pull back completion around 5475) because of the huge fall. my exit would be below 100Rs Very Happy


BFL lowest so far this year was around Rs 109. If it goes there wonder what price TAFL and GRAN would be at Rs 30-35?

Talk about extreme volatility .

26Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 3:46 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

sorry for the typo it should be 5375 not 5475asi cyclops

27Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 3:52 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Month of December going to be overall better.....not technical....but a gut feeling Basketball

28Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 4:02 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

traderathome wrote:Month of December going to be overall better.....not technical....but a gut feeling Basketball

I hope so. History says fun can ( notice can not will) start sometime in 3 or 4 weeks in Dec. But who knows. So until the next run lets hang on.

29Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 4:06 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

slstock wrote:
traderathome wrote:Month of December going to be overall better.....not technical....but a gut feeling Basketball

I hope so. History says fun can ( notice can not will) start sometime in 3 or 4 weeks in Dec. But who knows. So until the next run lets hang on.

Overall better to those have cash in hand.

30Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 5:22 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Redda do you got some green to lend i mean monaru (kola pata) Very Happy if possible a bundle of 1000s would do awful lot of good to me these days farao

31Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 5:25 pm

CSEStockWatch


Senior Equity Analytic
Senior Equity Analytic

traderathome wrote:BFL my cost is 175 i was a bit late and very greedy....the support is around 130-120 for a rebound...but todays drop can even take us to 100 in coming days (keeping in view the ASI pull back completion around 5375) because of the huge fall. my exit would be below 100Rs Very Happy


I do not worry on short term issues that affect on bottom line while Q by Q growth in top line is there. BFL revenue increases about 20% average on each quarter. Think about there bottom line when all these issues are sorted. A U turn can be expected from next Q onward.

32Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 5:27 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

my PF is bleeding RED with -11% cheers cherry

33Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 5:37 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

අපේ ෆොරම් එකත් CSE එක වගෙ. කමෙන්ට් නැතුව හිටිය පොස්ට් එකට මෙ එන්නෙ කමෙන්ට්. බුල් පටන් ගත්තම ඉන්වෙස්ටර්ස්ල හෝගාල එනව වගෙ.ජය වෙවා

Anyway good time to analyse share that are still trading just over June prices but the earnings are improving.

34Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 5:56 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

traderathome wrote:my PF is bleeding RED with -11% cheers cherry


I remember someone in the forum having a signature saying if we cannot bear to take looses we should not be investing in stock markets.

I am sure you are not that worried.

35Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 6:12 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

my signature is different....... Very Happy not at all...just reflectingon my current position some are closing on to exit but others not a worry and they havent hit the threshold to push the panic button.

TAH Smile

36Market situation? - Page 2 Empty Re: Market situation? Tue Nov 20, 2012 8:03 pm

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Dear slstock,

Thank you for your advice Sir. You statement is totally correct. If there is the patience, the victory is achieved.
The reason of posting that is shown by you at the bottom of your comment. "I'm a short term trader".
However, if there is any chance, I don't miss it.

I never sell even a single share at a loss. I'm holding till I see the light end of the tunnel and, at the same I kindly request all to follow that.

If someone have a strong financial ability, he or she can start buying slowly. Catch only the fundamentally strong shares. It will be a hidden source of profit.
If you don't have holding power, just keep away. Don't put your hands into the flame and get it burned.

Happy Trading For All! Very Happy

37Market situation? - Page 2 Empty Re: Market situation? Wed Nov 21, 2012 10:42 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Roboticfx wrote:Dear slstock,

Thank you for your advice Sir. You statement is totally correct. If there is the patience, the victory is achieved.
The reason of posting that is shown by you at the bottom of your comment. "I'm a short term trader".
However, if there is any chance, I don't miss it.

I never sell even a single share at a loss. I'm holding till I see the light end of the tunnel and, at the same I kindly request all to follow that.

If someone have a strong financial ability, he or she can start buying slowly. Catch only the fundamentally strong shares. It will be a hidden source of profit.
If you don't have holding power, just keep away. Don't put your hands into the flame and get it burned.


Happy Trading For All! Very Happy


Well said RoboticFX.


Btw, the market as of now has entered the over sold region on techincal grounds. How much more lower people will be willing to sell. Let see. Fear can do weird things.


38Market situation? - Page 2 Empty Re: Market situation? Wed Nov 21, 2012 11:12 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Okay TAH we are at 5375 now . Lets watch how much more certain shares become bargains. Your MAL dream came true sooner than expected.

39Market situation? - Page 2 Empty Re: Market situation? Wed Nov 21, 2012 12:31 pm

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

nimantha80 wrote:RED WHOLE WEEK.5300.
getting close.

40Market situation? - Page 2 Empty Re: Market situation? Wed Nov 21, 2012 1:18 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

slstock wrote:Okay TAH we are at 5375 now . Lets watch how much more certain shares become bargains. Your MAL dream came true sooner than expected.
revised buy order now at 4.2 becoming very shrewd and greedy Very Happy

41Market situation? - Page 2 Empty Re: Market situation? Thu Nov 22, 2012 12:01 pm

Expert

Expert
Manager - Equity Analytics
Manager - Equity Analytics

My observations:

ASI moved below 50-day Moving Average on 24th October and touched it again on 25th October and now remains below it.

ASI has been moving up and down between 50-day and 200-day Moving Average since then and now very close to the 200-day MA. Yesterday's (21st November 2012) closing ASI was 5360.60 and 200-day MA was 5313.23.

MACD 12,26,9 on ASI gave a SELL signal on 20th November.

Relative strength of ASI yesterday 21st November is below the 30 mark and was at 25.31.

These figures were taken from DFN-TWS.

Please add your observations and also your interpretations if there are any, based on these and also your observations.

Though the above sounds negative, so far, today, up to now, the ASI has moved up by about 1%.

42Market situation? - Page 2 Empty Re: Market situation? Thu Nov 22, 2012 3:13 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

traderathome wrote:
slstock wrote:Okay TAH we are at 5375 now . Lets watch how much more certain shares become bargains. Your MAL dream came true sooner than expected.
revised buy order now at 4.2 becoming very shrewd and greedy Very Happy
Very Happy not at teh same price paid .20cents more Razz

43Market situation? - Page 2 Empty Re: Market situation? Thu Nov 22, 2012 4:42 pm

sanju351

sanju351
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

traderathome wrote:
traderathome wrote:
slstock wrote:Okay TAH we are at 5375 now . Lets watch how much more certain shares become bargains. Your MAL dream came true sooner than expected.
revised buy order now at 4.2 becoming very shrewd and greedy Very Happy
Very Happy not at teh same price paid .20cents more Razz

44Market situation? - Page 2 Empty Re: Market situation? Thu Nov 22, 2012 8:38 pm

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Expert wrote:My observations:

ASI moved below 50-day Moving Average on 24th October and touched it again on 25th October and now remains below it.

ASI has been moving up and down between 50-day and 200-day Moving Average since then and now very close to the 200-day MA. Yesterday's (21st November 2012) closing ASI was 5360.60 and 200-day MA was 5313.23.

MACD 12,26,9 on ASI gave a SELL signal on 20th November.

Relative strength of ASI yesterday 21st November is below the 30 mark and was at 25.31.

These figures were taken from DFN-TWS.

Please add your observations and also your interpretations if there are any, based on these and also your observations.

Though the above sounds negative, so far, today, up to now, the ASI has moved up by about 1%.

Thanks for your observation and publishing the data. It tells that the market is at an extreme oversold situation. However, I think an acceleration is needed to pull up and also we may see some small green days. No sufficient info to predict the frustration of the tend.

Retail investors are trying to get out and expect short and small return and get more losses.
Some large investors are broken heart and keep away. I met few of those medium investors recently, and they expressed that their idea was holding till pass the boundary of dark. After the departure of excited retailers, most probably market may show an upward movement. I'm not sure about it. However, big people must not put their invisible hands into the market and shake it. Otherwise, we will be in the same pit along and along.

45Market situation? - Page 2 Empty Re: Market situation? Thu Nov 22, 2012 8:50 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Day by Day from your first post here last year, I look with admiration how much you have grown and growing with time. Keep it up. You will have a good future.



Roboticfx wrote:
Expert wrote:My observations:

ASI moved below 50-day Moving Average on 24th October and touched it again on 25th October and now remains below it.

ASI has been moving up and down between 50-day and 200-day Moving Average since then and now very close to the 200-day MA. Yesterday's (21st November 2012) closing ASI was 5360.60 and 200-day MA was 5313.23.

MACD 12,26,9 on ASI gave a SELL signal on 20th November.

Relative strength of ASI yesterday 21st November is below the 30 mark and was at 25.31.

These figures were taken from DFN-TWS.

Please add your observations and also your interpretations if there are any, based on these and also your observations.

Though the above sounds negative, so far, today, up to now, the ASI has moved up by about 1%.

Thanks for your observation and publishing the data. It tells that the market is at an extreme oversold situation. However, I think an acceleration is needed to pull up and also we may see some small green days. No sufficient info to predict the frustration of the tend.

Retail investors are trying to get out and expect short and small return and get more losses.
Some large investors are broken heart and keep away. I met few of those medium investors recently, and they expressed that their idea was holding till pass the boundary of dark. After the departure of excited retailers, most probably market may show an upward movement. I'm not sure about it. However, big people must not put their invisible hands into the market and shake it. Otherwise, we will be in the same pit along and along.

46Market situation? - Page 2 Empty Re: Market situation? Thu Nov 22, 2012 8:53 pm

Fresher


Moderator
Moderator

I hope that dumb money is on the way out. Been wanting that for a long time now. Seems that situation is improving.

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