I would still remain bearish because many constituents are showing signs of weakness. I will still choose bearish side. But remember that FLAW trading system is also under progress.
I dont trade on VSA . But Promoter selling on any stock with poor fundamentals will signal only trouble. Hence I am not bullish. This is just my way of thinking.
I dont trade on VSA . But Promoter selling on any stock with poor fundamentals will signal only trouble. Hence I am not bullish. This is just my way of thinking.
But if the promoter selling the stock because he bought it when the market was selling it at 52 wouldnt it give a different picture. He is just booking profit. Also there is only 20% floating supply rest is all with FIIs and Promoters. Check reuters.com it gives you the entire details.
The promoters of suzlon has decreased there holdings from 65 to 52 last year ie when the price of suzlon was near its low.So even if the promoters had bought the company share at 52 and sell it at 72, the logical thing to assume is that the promoter himself is in doubt about the upside value of the company. Anyway I am not a big fan of suzlon at this time. I check insider trading details everyday.When I found you guys talking about suzlon I just wanted to bring this to your notice.Nothing else.
BSE publishes a list every day of transactions of promoters or Insider Trading. It is a useful list to track if you are trading individual stocks. Here is the link:
Many constituents are showing varying degree of weakness. Strength is shown by a few. I am still bearish, however, not as bearish as I was some time back. The FLAW system experiment is under progress. So you might want to check that too.
I have again become strongly bearish as I was few days back. Many constituents of CNX 100 are showing weak up bars like no demand, upthurst, etc.
The FLAW system experiment has given cool rewards in its first 4 days of life. The FLAW system is about doing exactly the opposite of what is expressed in this thread.
BSE publishes a list every day of transactions of promoters or Insider Trading. It is a useful list to track if you are trading individual stocks. Here is the link:
I have again become strongly bearish as I was few days back. Many constituents of CNX 100 are showing weak up bars like no demand, upthurst, etc.
The FLAW system experiment has given cool rewards in its first 4 days of life. The FLAW system is about doing exactly the opposite of what is expressed in this thread.
hi bunny,
can u have a look at GMBREW & LOTUSEYE. i see test of breakout, 'continuation of trend', 'strength coming in' and 'upthrust', as per vsa. but the prices r not moving accordingly. i c some accumulation in da background.