Blue Whale's Diary - 2018

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dhanurrox
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Re: Blue Whale's Diary - 2018

Postby dhanurrox » Wed Mar 14, 2018 2:34 pm

Cseinvester wrote:
dhanurrox wrote:All set for new year fiesta

Dude god karuna never fails ..

It was a single hit by CINS and CTC.Nothing to worry.

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Re: Blue Whale's Diary - 2018

Postby Blue Whale » Wed Mar 14, 2018 8:01 pm

14th March 18

ASPI dropped by 35 points for the day on the back of significant drops in prices of CTC and CINS who traded very thin volumes. CTC dropped by 50 rupees with a total volume of just above 8k and CINS dropped by 143 rupees with a total volume of 1000. Had not been these two abnormal drops the market index would have been closed less than 10 points lower. This indicates a clear need of having a market index that is free from abnormal low volume jilmarts.

The total turnover hits above 1.5Bn the second consecutive day with a turnover exceeding 1Bn on account of high net worth local play. MELS, HNB and COMB occupied the first three spots in terms of turnover. Foreigners turnout net sellers for the day with a net outflow of 183.3Mn reducing the YTD net foreign buying to 7,078Mn.

Though we can't expect a huge market movement tomorrow I expect some active trading to take place.
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Re: Blue Whale's Diary - 2018

Postby dhanurrox » Wed Mar 14, 2018 8:37 pm

Blue Whale wrote:14th March 18

ASPI dropped by 35 points for the day on the back of significant drops in prices of CTC and CINS who traded very thin volumes. CTC dropped by 50 rupees with a total volume of just above 8k and CINS dropped by 143 rupees with a total volume of 1000. Had not been these two abnormal drops the market index would have been closed less than 10 points lower. This indicates a clear need of having a market index that is free from abnormal low volume jilmarts.

The total turnover hits above 1.5Bn the second consecutive day with a turnover exceeding 1Bn on account of high net worth local play. MELS, HNB and COMB occupied the first three spots in terms of turnover. Foreigners turnout net sellers for the day with a net outflow of 183.3Mn reducing the YTD net foreign buying to 7,078Mn.

Though we can't expect a huge market movement tomorrow I expect some active trading to take place.

ASI will hit back tomorrow =:) =:)

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Re: Blue Whale's Diary - 2018

Postby PAT » Wed Mar 14, 2018 10:18 pm

Thanks BW
Live Today........
Without compromising your ability to Live Tomorrow……… :)

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Re: Blue Whale's Diary - 2018

Postby Blue Whale » Mon Mar 19, 2018 7:08 am

16th March 18

Market was largely volatile during the day but ended in green somehow. ASPI gained by 9 points by the time of closing for the week. Major contributors for the market gain were JKH, CARS, TRAN, HHL & CARG. EAST was creating the major panic in the market following the previous day’s announcement of its director’s selling. The share came down to 19.50 with heavy panic selling speculating unfavorable terms on the provisional hotel deal negotiations. However, I feel the stock is still attractive below 20/- based on certain assumptions.

Turnover reached 825Mn through over 5000 trades. Foreign buying exceeds selling by 11.7Mn rupees taking YTD net foreign purchase to 7,133Mn
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Re: Blue Whale's Diary - 2018

Postby Blue Whale » Thu Mar 22, 2018 5:55 am

21st March 18

Market continue to come down for this week with another 16 point drop today. The market trend seems to have changed towards bearish at the moment. The main negative contributor was JKH same like yesterday. Alongside JKH many other blue chips came down such as CCS, COMB, CFIN, SAMP, etc.

Total turnover was 632Mn where more than 60% of them came from foreign activities. Net foreign buying for the day was 165Mn taking the YTD net foreign buying to 7,328Mn.

I expect the current bearishness to continue for the next couple of trading days as well given that no real positive news coming out from economic or political fronts.
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Re: Blue Whale's Diary - 2018

Postby Blue Whale » Fri Mar 23, 2018 9:47 am

22nd March 18

Market witnessed a sea-saw pattern of direction today with both ups as well as downs time to time before ending the day up by 6 points. Activity levels very seen rising during the day due to some retail activity. The most active counter was IDL that witnessed its controlling stake changed hands to foreign entity. The stock closed at 8.60 having touched 9.40 intra day. Market gains were led by CTC, CCS and JKH. Sampath Bank rights trading commenced during the day which traded around 40/- per right, Rs5 lessor than the adjusted rights price. Due to the same reason SAMP normal stock were seen trading lower than the previous day closing 3.6 rupees down.

Turnover was an attractive 1.4Bn aided by crossings in Union Assurance, JKH and Nestle. 3.4Mn block of UAL crossed at a deal price of 150 while 2 crossings of JKH went at a deal price of 159.Two crossings of Nestle done at a deal price of 1,700. Foreign purchases for the day was 25Mn less than the foreign sales taking the YTD net foreign purchase figure to 7,303Mn.

Being the last trading day of the week and no new information to react I expect a similar market behavior today as well.
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Re: Blue Whale's Diary - 2018

Postby PAT » Fri Mar 23, 2018 9:52 am

Thanks BW
Live Today........
Without compromising your ability to Live Tomorrow……… :)


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