Dont sell on panic

coolkane · 1 Dont sell on panic Tue Oct 09, 2012 2:31 pm

coolkane

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...there is something goin on for collection of shares...
After relax the credit it is shown a clear come down in the market which we haven't seen previous days...I think there is something going on behind the screen.Best think just watch the market behavior without sell in panic .....

fairbullrun · 2 Re: Dont sell on panic Tue Oct 09, 2012 2:46 pm

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coolkane wrote:After relax the credit it is shown a clear come down in the market which we haven't seen previous days...I think there is something going on behind the screen.Best think just watch the market behavior without sell in panic .....

Yes something there to be considered cheers

Deva · 3 Re: Dont sell on panic Tue Oct 09, 2012 2:53 pm

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I too guess the same.
With removal of the "restriction on executive directors, employees, their spouses and their nominees of all licensed stock brokers and stock dealers from selling listed shares purchased from the secondary market for a period of six months from the date of purchase", These people are on a collection hunt while keeping the market indices at bay.
This should ease out in a day or two and the market would start it's forward journey.
Today's volumes were high though the turnover wasn't comparatively high. Probably they have targeted low priced stocks.
This is my personal view.

Dr_CSE · 4 Re: Dont sell on panic Tue Oct 09, 2012 11:35 pm

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Deva wrote:
These people are on a collection hunt while keeping the market indices at bay.

This is exactly the same feeling i had after looking at the market today. After the initial run market was under correction. Then they gave credit to their clients; share prices continuously dropped; continuously forced sold from their clients accounts; started to collect to their accounts anticipating a change of rules. After the announcement they are doing the collection in big time, forcing their clients to clear the credit, making sure more credit available for themselves to utilize. This was evident today. Once the collection is over in two or three days, we will see the next run. I see this current market run has 3 phases
1. ASI 5000 - 6000 was manipulated by socalled mafia
2. ASI 6000 - 6500 will be manipulated by stock brokers
3. ASI 6500 - 7500 will be manipulated by foreigners and HNWI
This is why Mr. NG as given the assurance that the current market run will continue. By end of December we will be given instructions to clear 50% of credit for foreigners to collect for the last phase.

wiki · 5 Re: Dont sell on panic Wed Oct 10, 2012 8:32 am

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Dr_CSE wrote:

Deva wrote:
These people are on a collection hunt while keeping the market indices at bay.

This is exactly the same feeling i had after looking at the market today. After the initial run market was under correction. Then they gave credit to their clients; share prices continuously dropped; continuously forced sold from their clients accounts; started to collect to their accounts anticipating a change of rules. After the announcement they are doing the collection in big time, forcing their clients to clear the credit, making sure more credit available for themselves to utilize. This was evident today. Once the collection is over in two or three days, we will see the next run. I see this current market run has 3 phases
1. ASI 5000 - 6000 was manipulated by socalled mafia
2. ASI 6000 - 6500 will be manipulated by stock brokers
3. ASI 6500 - 7500 will be manipulated by foreigners and HNWI
This is why Mr. NG as given the assurance that the current market run will continue. By end of December we will be given instructions to clear 50% of credit for foreigners to collect for the last phase.

Interesting..

coolkane · 6 Re: Dont sell on panic Wed Oct 10, 2012 9:13 am

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These habbits of brokers will kill the market....but as investors we have to handle these issues tactical way.

traderathome · 7 Re: Dont sell on panic Wed Oct 10, 2012 9:15 pm

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Well i dont know who is manipulating currently......If you knew the price you bought the share you are holding was based on rationale,& you decided the stop limit (in case trade looses its direction) and your Target Profit ...these type market conditions should not panic anyone. only those who gamble in cse will panic sell because there was no reason for them to buy at the price they bought since they just bought since everyone was buying.....and they were blindly following the herd.

Good luckl
TAH

Kithsiri · 8 Re: Dont sell on panic Wed Oct 10, 2012 9:54 pm

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traderathome wrote:Well i dont know who is manipulating currently......If you knew the price you bought the share you are holding was based on rationale,& you decided the stop limit (in case trade looses its direction) and your Target Profit ...these type market conditions should not panic anyone. only those who gamble in cse will panic sell because there was no reason for them to buy at the price they bought since they just bought since everyone was buying.....and they were blindly following the herd.Good lucklTAH

Absolutely correct. Very Happy

manula · 9 Re: Dont sell on panic Fri Oct 12, 2012 11:38 am

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traderathome wrote:Well i dont know who is manipulating currently......If you knew the price you bought the share you are holding was based on rationale,& you decided the stop limit (in case trade looses its direction) and your Target Profit ...these type market conditions should not panic anyone. only those who gamble in cse will panic sell because there was no reason for them to buy at the price they bought since they just bought since everyone was buying.....and they were blindly following the herd.

Good luckl
TAH

good one.. I think this will give answer to many posts in these days in the forum... There will be manipulating or not. not a big issue. Study the share you are going to buy and the pattern. Think your going for fundmnetal or trading. same time holding period..dont buy as he said becasue all are buying..