day traders be aware indian market (risky)

S

santums

New Member
#1
#1
today i traded hindoilexp but if u see the chart its in oversold position but i dont know how it went up and if we observe the buyers (1lakh +) and sellers (2lakh + ) till 1.40pm
the sellers were more than double compared to buyers suddenly it went up
1.50pm and the sellers become 46000 and 2.40 upper circuit was locked
buyers were more than 3lakh+ trading is very difficult but nifty is comming down how come
can anybody tell me that its just because its oil sector which is going up or fundemantaly its strong or its done by the NSE here we cant believe the technical analysis
 
columbus

columbus

Well-Known Member
#2
#2
santums said:
today i traded hindoilexp but if u see the chart its in oversold position but i dont know how it went up and if we observe the buyers (1lakh +) and sellers (2lakh + ) till 1.40pm
the sellers were more than double compared to buyers suddenly it went up
1.50pm and the sellers become 46000 and 2.40 upper circuit was locked
buyers were more than 3lakh+ trading is very difficult but nifty is comming down how come
can anybody tell me that its just because its oil sector which is going up or fundemantaly its strong or its done by the NSE here we cant believe the technical analysis
Click to expand...
Do not go by TBQ and TSQ.A person after puchasing a stock, can put it
in sell queue for 15~20% more ,there is nothing wrong in it.If it is executed
he will be richer by 15~20% more or else it will be added to his Demat account.

Coming to fundamentals ,I do not think it has GREAT fundamentals,with huge

Code: 
          eq       bv    div    cps     eps    opm      eps-12   fv    
HINDOILE  130.5    81.2 -       5.00    4.10   46.20    4.10      10
equity component.
 
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