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What do you think of this stock?

Discussion in 'Technical Analysis' started by shabbir, Mar 20, 2013.

  1. shabbir

    shabbir Administrator Staff Member

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    shabbir, Mar 20, 2013
    Share #1
  2. verenmitter2001

    verenmitter2001 Member

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    It cannot be possible.
    Too good too to be true.

    Regards
    Veren
     
    verenmitter2001, Mar 20, 2013
    Share #2
  3. srspriya06

    srspriya06 Active Member

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    Totally different stock which i never seen.... Number of volumes of this stock traded is 1.. But today it hits 52 wk high.. Its a unique chart

    Jan 2013-------->186

    Feb 2013-------->286

    March 2013------>around 400

    Today------------->502

    Monthly 100 rs increased for this share from jan...cant beleive
     
    Last edited: Mar 20, 2013
    srspriya06, Mar 20, 2013
    Share #3
  4. m_padmakumar

    m_padmakumar Member

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    Is it due to no shares available with public?
    No sellers today.
    Interesting to know your analysis, Shabbir...

    Thanks
     
    m_padmakumar, Mar 20, 2013
    Share #4
  5. shabbir

    shabbir Administrator Staff Member

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    Junk stock. Each day just 1 share is being traded and it is hitting circuits.
     
    shabbir, Mar 20, 2013
    Share #5
  6. shabbir

    shabbir Administrator Staff Member

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    The pattern is too symmetric to be interesting to put my money.
     
    shabbir, Mar 20, 2013
    Share #6
  7. vishuhd1

    vishuhd1 Member

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    I feel that its a real gambling that is happening in this stock.. Looking at the daily volume of the stock traded (i.e. 1), it clearly indicates that the stock is getting traded between two known individuals at mutually agreed price..

    Person X buys huge quantity of stocks (till now 3 times as the big green spike indicates on volume chart), and is dumping to person Y (known person) at mutually agreed price, one stock a day.. :-D..
     
    vishuhd1, Mar 20, 2013
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  8. shabbir

    shabbir Administrator Staff Member

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    Completely agree with you on this. SEBI needs to look into it.
     
    shabbir, Mar 20, 2013
    Share #8
  9. srspriya06

    srspriya06 Active Member

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    Shabbir can u pls explain why this type of stocks r in the market...Im not clear... Daily one stock ? What s the purpose:confused::confused:
     
    srspriya06, Mar 20, 2013
    Share #9
  10. shabbir

    shabbir Administrator Staff Member

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    You should ask SEBI and not me
     
    shabbir, Mar 20, 2013
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  11. shwetagnema

    shwetagnema Active Member

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    amazing......but is it reality....i mean going up and up with no volume?????
     
    shwetagnema, Mar 21, 2013
    Share #11
  12. shabbir

    shabbir Administrator Staff Member

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    This is reality of market.
     
    shabbir, Mar 21, 2013
    Share #12