Does price of individual stocks depend on NIFTY? (Or other way round)

[vagar11]

It would be impolite if i say your question is Stupid. I said its Illogical. Nothing wrong.
Because, if you want to learn you must start thinking logically.


Now on that day 14th march - most of the stocks might be in uptrend. So obviously you will see a correlation between Nifty chart and stocks charts. Whats wrong with that.

And you posted a image from nse page reflecting capsule size charts. Do u think they give a picture of actual intraday movements ? Absolutely no.

Reason for your imagination: In that image of 14th march, Nifty and all other stocks charts have a huge upside right on the start of the day. Due to this all the images are looking somewhat similar. That is not correct. Nifty opened gap up on the day ( other way - many stocks opened gap up ). That surge on the charts is not actual move. Thats gap Up.

Yeah, capsule size chart are the reason for confusion.

@kingmasher please look at intraday charts from google finance.

 

[ram2010]

most of the stocks go with the market and so trends are most of the time similar, especially for intraday purposes.

fundamentals or technicals have no role to play in individual stocks-

general trend up- buy everything - if its down sell everything

good logic-:lol:


Just like gold up= silver up and vice-versa

irrespective of whether silver has got any actual demand?

demand supply is completely illogical in this modern era of paper gambling-

:annoyed: