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How long DHFL down fall will continue despite good results?

Discussion in 'Technical Analysis' started by paresh_gujarati, Feb 2, 2018.

  1. paresh_gujarati

    paresh_gujarati Member

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    paresh_gujarati, Feb 2, 2018
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  2. ganeshc89

    ganeshc89 Builder

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    paresh ji don't worry they are the short term investors and manipulators which are leaving the market in anger.
    it will subsides and i hope after correction it will start to up move .
    and please keep eye on pharma sector.
     
    ganeshc89, Feb 2, 2018
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  3. shabbir

    shabbir Administrator Staff Member

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    If you have a trading positions in it, the stop loss should have been hit by now for the long positions. For Investment the picture is quite different.
     
    shabbir, Feb 2, 2018
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  4. abhijitupsc

    abhijitupsc Contributor

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    Why is the picture diffrent for investment Shabbir sir?


    Sent from my Redmi Note 4 using DIY Technical Analysis mobile app
     
    abhijitupsc, Feb 4, 2018
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  5. abhijitupsc

    abhijitupsc Contributor

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    abhijitupsc, Feb 4, 2018
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  6. shabbir

    shabbir Administrator Staff Member

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    Could be anything. Though I don't track DHFL but similar story is seen in Amara Raja Batteries where no bad news and stock was down 1100 to 750. Profit booking by some large investors and in many individual PMS account because there is no major selloff by FII or fund manager but there is a constant selling pressure. So we have only explanation as that.

    Things like this will happen and when we see a bottom being formed, you should accumulate more but make sure you fully see everything in the quarterly results.
     
    shabbir, Feb 5, 2018
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  7. ganeshc89

    ganeshc89 Builder

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    BSE Sensex Crack down
     
    ganeshc89, Feb 6, 2018
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