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INTERSTING BUYING IN ACL ON 9TH OCT

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1INTERSTING BUYING IN ACL ON 9TH OCT  Empty INTERSTING BUYING IN ACL ON 9TH OCT Sun Oct 11, 2015 7:39 pm

roshana7549


Manager - Equity Analytics
Manager - Equity Analytics

Notes

As per below Table,3 very large transactions have helped ACL to pass it's all time high and achieve Rs 128 mark

First large transaction enabled ACL to acheive Rs 125 mark.
Second one helped ACL to cement that level

With the help of 3rd large transaction ACL achieved Rs 127 mark.

These 3 transactions accounts for 50% of the Total transaction volume
These should be HNWI's or Institutional buyers.

What does it mean?

1) These 3 transactions must have aborbed most of the selling pressure that can from Short term traders, therefore which is a healthy situation for a further run.
Ex - ACL crossed the Rs 120 mark comfortably due to the bulk purchase by a large party (few days ago), which helped ACL to stand at Rs 120 level without facing much selling pressure

2) Most probably these big buyers can be medium to long term who will not exert immediate selling pressure (unlike Traders)

3) These parties could be aware of the september earnings or information which public do not have access (i.e, Availability of insider information)

Conclusion

As per my observation, This share is in a better position to pass Rs 130 mark in this week 

Increases the possiblity of achieving Rs150 mark

     
TimePriceQuantityChangeSplitsSide
3rd Large Transaction11:14:35127.00102,6455.4018Buy102,745
11:14:35126.90100
5.401Buy
2nd Large Transaction11:04:09125.0037,300
3.4010Buy54,449
11:04:09124.9011,9733.402Buy
11:04:09124.505,176
3.302Buy
1st Large Transaction11:01:19125.002,080
3.402Buy86,526
11:01:19124.9020,0003.401Buy
11:01:19124.501,5003.301Buy
11:01:19124.0025,500
2.905Buy
11:01:19123.9018,7502.405Buy
11:01:19123.508,0002.302Buy
11:01:19123.401501.902Buy
11:01:19123.0010,5461.802Buy
Remaining Volume Traded258,149
Total Volume Traded501,869     243,720

AUS79


Manager - Equity Analytics
Manager - Equity Analytics

Thanks for sharing the above anlysis....interesting to know the details....ofcourse it reveals that some HNWI has taken their position already with regard to the ACL future potential ....
ACL moved from 108 to all the way to 128 in very short run.....Sept quarter results going to be amazing.....it seems......we too awaiting......GL ACL hunters....

3INTERSTING BUYING IN ACL ON 9TH OCT  Empty Re: INTERSTING BUYING IN ACL ON 9TH OCT Sun Oct 11, 2015 11:14 pm

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

ALPL will also reach 52weeek high this week, will break the 200 barrier

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics


TODAY
Kcab rs 127
Acl rs 132.00

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