Ushdev International:
The fundamentals of the company look ok but what hit me was that the daily traded volumes of the company were the same irrespective of the price moves.
The stock as such is unknown in the market and the delivery volumes are only 5-20 %. Thats surprising that majority of the trades in the day are intra-day.
People would attribute this to black ka white and circular trading 🙂
Regards,
Nooresh
09819225396
February 12, 2010
Take a Look at Kwality Diary 1 year chart mother of all circular trades from 10 bucks to 1,400
February 13, 2010
Sir,
i am regular visitor of ur blog and found very useful for retailers.
I found ur posts with 'jagore' attitude not only target and stoploss.
And this post is best example.
I want furthure guidence that how can u distinguish intra volume and delivery volume. From where i can get only delivery volume data not combining with intra.
Pls. Continue to Guide the retailers.
Thanks.
February 13, 2010
its not advisable to buy this stock is it cause then we will be at the sole discretion of the promoters and the people manipulating the stock prices