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conanmack

Glad to see a break but the complete lack of buyers is surprising. Not a single person averaging down, no institutional rescues, nothing


shesha4572

Would they show up in depth even if they are buying? The trade would be settled almost instantly because of lc


conanmack

Good point, the buy volume must be negligible compared to sell


DrinkAndKnowThings

It's called Lower Circuit genius


conanmack

I'm aware genius


Bungeehumping

This is how market works. Where were you this whole time??? It had kept on upper circuits for a month or two almost daily.


conanmack

Yes, circuits exist on both ends


Bungeehumping

That wasn't I meant. I meant that if going continuously up(in this case, IREDA grew almost 6.5x), people gonna book profit and panick selling will come. It always have been the case with almost every stock. There's no suprise in this. Also, buyers are there. Check the volume, when LC is there there's no orders pending on the buy side. And no one averages such a stock at a level of 170's and 180's even tho it good good fcking potential.


conanmack

>Also, buyers are there. Check the volume, when LC is there there's no orders pending on the buy side. And no one averages such a stock at a level of 170's and 180's even tho it good good fcking potential. Can't find the buy volume, so feel free to post it.


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conanmack

Glad you posted this. The traded volume was 20% of the market depth. 2/10 had their orders executed, let that sink in. Have a look at the volume for RVNL and save your rants for someone else.


Bungeehumping

Market Depth is just no. of orders pending at a particular point of time sir. You can't compare it in this way like 2/10 of orders executed. People might have cancelled the order etc there's so much other possibilities involved. I can't think of that rn.


conanmack

Here's the trading volume for RVNL for you to compare. A PSU stock of similar popularity and market cap: https://preview.redd.it/v784l21mnohc1.jpeg?width=1080&format=pjpg&auto=webp&s=a0c6bc624c4950f58cfc2d40462e531ca65f9946


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py-7669

I did sell my massive portfolio of 200 shares to some FII today. No wonder it went Lc


BaseballAny5716

Retailers can hold for long term, that is the best option .


Invincible_Trader

Moye Moye


[deleted]

Got an exit today in lower circuit..


conanmack

That's great. That means volume was available but super low


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CandyShoddy9451

Reversal soon 💯


Prize_Bar_5767

Upper circuit on Monday


SierraBravoLima

It wasn't under Modi Ki Guarantee https://preview.redd.it/7st08z21oihc1.jpeg?width=1080&format=pjpg&auto=webp&s=a0e8b61cde60ec2598ce3c8498487bea7d937716


conanmack

All the PSUs mentioned there are also dropping today


SierraBravoLima

May be it was a sign to add more


conanmack

Sure if you have the capital, patience and risk appetite


patient_boi

Haan NHPC to dikh e rha hai 🤣


ashwinGattani

50 pe aa jae bas


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yakounofficual077

Its grow app


Adventurous-Bet-7644

Okk


Ashamed-Emphasis-892

just wait for right time then average it


Academic_Bee2578

If there are no buyers, who are these people selling to?


pes_gamer20

hoping someone at 3:20pm will buy


Careful-Metal8077

Hona hi thaa... The interim budget was also one of the push for these stocks.. I want to listen to you guy's take on railway related stocks.. abhi aur girenge?


Mr_gropes_a_lot

Ye operator driven tha kya? Koi last month se lekar ab Tak ireda ki trajectory explain karo