15th june > @ 17412 > BULLS ENTER

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rangarajan

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Re: 6TH MAY> 16987> Bears ENTER

Sudoku,

What is yr opinion on Reliance freak. Trader confusing with ICICI. Besides,how is it possible to sell at 840 when there should had been lot of buyers at much higher value. Can u explain how this punch prices r possible over looking intermediate offers.
 

findvikas

Well-Known Member
Re: 6TH MAY> 16987> Bears ENTER

BSE/NSE process order on Price/Time Priority basis while the dealers orders take preference over retail orders.

Usually such bulk deals happen "at market price" which means buyers are willing to buy at any price available. For eg. Reliance has a major support at 970 level FII/DII/Market Makers will place Bulk order near major support levels with a predefined trigger price... say the trigger is 965 & order type is BUY 50,000 shares AT MARKET

Now it wont get triggered unless the order book has a SELL ORDER <= 965 in this case it was way below this level and the so called "intelligent" auto matching system will match these guys together.. and the buyer gets a discount of over 200 rs.

If the seller is selling 62000 shares at 840 while the bulk buyer is at 965 with 50000 shares then remaining 12000 shares will go to anyone even those who are willing to buy at 1020 level while they get to pay only 840... huge discount...right? :)
 

sudoku1

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sudoku1

Well-Known Member
Re: 6TH MAY> 16987> Bears ENTER

NIFTY FUTS>

upsides may b stalled in the 5100/5150 zone
 

rangarajan

Well-Known Member
Re: 6TH MAY> 16987> Bears ENTER

Thank you Find Vikas for pains taken to reply. I get some ideas from yr reply on punch.But why cant the seller put a selling range from the existing price up to support level to get a better average.
 

rangarajan

Well-Known Member
Re: 6TH MAY> 16987> Bears ENTER

When i am willing to sell up to 840,how come all the shares were sold at 840 & not from a much higher existing price at that time of sale up to 840.
 
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