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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Market heading for cooling-off

Market heading for cooling-off

5 posters

Go down  Message [Page 1 of 1]

1Market heading for cooling-off Empty Market heading for cooling-off Wed May 04, 2016 11:28 am

EquityChamp

EquityChamp
Moderator
Moderator

Today and probably tomorrow.

2Market heading for cooling-off Empty Re: Market heading for cooling-off Wed May 04, 2016 12:22 pm

worthiness


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

Has the market reached to the entry point of Overbought territory?

3Market heading for cooling-off Empty Re: Market heading for cooling-off Wed May 04, 2016 12:27 pm

nimantha80


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

I will buy now.Thing is Im holding my shares.

4Market heading for cooling-off Empty Re: Market heading for cooling-off Wed May 04, 2016 12:37 pm

Mr. Belfort

Mr. Belfort
Manager - Equity Analytics
Manager - Equity Analytics

worthiness wrote:Has the market reached to the entry point of Overbought territory?
As per....
Daily Charts - Yes
Weekly Charts - Not Yet
Monthly Charts - Not even Close

Allow some time to vent. It will continue the trend. Mean time, book profit accordingly and grab good counter at reasonable prices during cooling off period.

5Market heading for cooling-off Empty Re: Market heading for cooling-off Wed May 04, 2016 2:03 pm

EquityChamp

EquityChamp
Moderator
Moderator

As per my experience the current consolidation is not going to be severe. This will cool down the market and it will again rise by big volumes. The t/o for today is 1bn which means buyers are very strong. Friday market should be gigantic. That is my prediction.

6Market heading for cooling-off Empty Re: Market heading for cooling-off Wed May 04, 2016 2:06 pm

samaritan


Moderator
Moderator

A healthy correction for a sustainable growth.

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