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As per yesterdays fall, I think market has recovered largely. At the end, most of the stock has been sold to a higher price than it's lower price (a positive sign) even GRAN, TAFL, CIC, DFCC, DIST there are lot of examples. Ithink market and most stock has largely recovered.
There was lot of buying going on (they will be the winners). I saw some large single orders at the bottom waiting for the oppertunity to grab at low. for example GRAN had a single order for around 80,000 @ Rs80 (not sure corrct figure), DFCC had a order about 50,000 stocks @ RS 135. It's very clear some will take this oppertunity buy at low and enjoy huge profits.
If you sold yesterday, it's a different story, but since it has improved alot. there was lot of buying pressure, specially at the end and not much selling pressure.
I more thing I noted. usually biders bit more than the top price, today and yesterday, most of the new bids came only matching the top bid, with out creating a demand and a race among the buyers, been careful not to allow market to go up.
Be positive, cause I saw one seller early in the morning sold BFL at 461 when the sellers were at 469 above and all the sellers came down to that point. let's try and do all we can to hold this market.
I am holding my stocks and will not become a victim of these roumers and manpulaters. I will not regret selling my stock at cheap.
It is our responsibility to be strong and motivate others for the betterment of all of us
There was lot of buying going on (they will be the winners). I saw some large single orders at the bottom waiting for the oppertunity to grab at low. for example GRAN had a single order for around 80,000 @ Rs80 (not sure corrct figure), DFCC had a order about 50,000 stocks @ RS 135. It's very clear some will take this oppertunity buy at low and enjoy huge profits.
If you sold yesterday, it's a different story, but since it has improved alot. there was lot of buying pressure, specially at the end and not much selling pressure.
I more thing I noted. usually biders bit more than the top price, today and yesterday, most of the new bids came only matching the top bid, with out creating a demand and a race among the buyers, been careful not to allow market to go up.
Be positive, cause I saw one seller early in the morning sold BFL at 461 when the sellers were at 469 above and all the sellers came down to that point. let's try and do all we can to hold this market.
I am holding my stocks and will not become a victim of these roumers and manpulaters. I will not regret selling my stock at cheap.
It is our responsibility to be strong and motivate others for the betterment of all of us
