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No big players can be seen at the second half (Today)

+3
hariesha
Rajaraam
Universalgoal
7 posters

Go down  Message [Page 1 of 1]

Universalgoal


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

@ Todays trading
we sow a good collection went on at 1st half, but second half ran with less interest of the market players
what is the reason as you feel ? is that prifit taking or we are at another downfall ? or down trend continuation? experts wake up pls

Rajaraam


Vice President - Equity Analytics
Vice President - Equity Analytics

Universalgoal wrote:@ Todays trading
we sow a good collection went on at 1st half, but second half ran with less interest of the market players
what is the reason as you feel ? is that prifit taking or we are at another downfall ? or down trend continuation? experts wake up pls

Dear friend,
Thare are such instances even in the past and nothing specific. It is normal. You cant expect every day big turnover. We shoul not be hurry to consider this situ as an issue. If we could look back we can note many such instances in the CSE. I give below one example.
We can see similar pattern during March/April 2010 .

date............ ASI..... ..Turnover(Rs.Mn)
25.03.2010...3730........5710
26.03.2010...3773........1099
30.03.2010...3765.........800
31.03.2010...3724.........904
01.04.2010...3746.........564
05.04.2010...3781.........680
06.04.2010...3870........1242
07.04.2010...3909........2876
08.04.2010...3939........1149
12.04.2010...3958........1795
13.04.2010...3955.........650
16.04.2010...3966........1102
19.04.2010...4015........1754
During the above 13 days turnover is fluctuating from Rs. 564 mn to Rs. 5,710 mn.But ASI was gradualy increased to 4015 from 3730 by around 7.6% within that period. However, in turnover you will find big falls here. Eg. from 5710 to1099,from 1795 to 650 etc.

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics

Interesting Statistics. Thanks.

Universalgoal


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

thank u Rajaram it Makesence Smile

sriranga

sriranga
Co-Admin

Thanks Raja, good point to note.

http://sharemarket-srilanka.blogspot.co.uk/

market bull

market bull
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Thanks for information Rajaram,history may repeat again...

Malika1990

Malika1990
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

market bull wrote:Thanks for information Rajaram,history may repeat again...

We pray to repeat past again Cool

market bull

market bull
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Bro, Manipulators dont listen to god.. Cool Cool

Malika1990 wrote:
market bull wrote:Thanks for information Rajaram,history may repeat again...

We pray to repeat past again Cool

anjelo

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

they r there,,, they r just hiding and collecting putting small small bids... i saw
Blue.N
5 million buyer coming in at the last hours of the day today..... i am sure that same bugger collected the shares at 5.9 today it self...
last time the same person made two big bids... one at 6 other at 6.2 so im guessing anything below 6.2 is safe to buy...

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