Chief Loco,

When are you going to call backup for Japaul?

BullBearMkt:

...Fidelity has almost similar story, but in this case, there are more room to fall.
Expecting some bull reaction btw 1.5 - 1.7, then a low below 1.2 will definitely drag in sentiment sellers and buyers.

As I mentioned some weeks back, monthly outlook of NSE index is not looking good, so long-term investors should waiting for opportunities lurking around

Do you see fidelity going down below 2 soon?

Chibuking81:

Do you see fidelity going down below 2 soon?

Its inevitable....what will be will be.

Zenith bank still forming boss at #27.97 but will soon visit #27.50, then will proceed to sub #27
There is no news around to bring in bull, q2 is still far.

Why don't they allow shorting in nse sef ?

TLAX:
I just wish "shorting" was possible on NSE. A few stocks i would have gone short on today cos i know they are still making "yanga". What will be will be.

Watchout for the bull that sneaketh at noonday

Chibuking81:
Zenith bank still forming boss at #27.97 but soon visit sub 27.
There is no news around to bring in bull, q2 is still far.

The only "selective bull" i forsee (MY OPINION) should be around July/August when PFAs rebalance their portfolios in line with new regulation, to take on more variable return assets ("read" mostly equities) for those that are underweight this asset class. Of course quality names will be the major beneficiaries and my guess is that those with an interim dividend policy will be the winners.

mendes911:
Chief Loco,
When are you going to call backup for Japaul?

I will like this one to sell for 20kobo. my broker deceived me using milost deal on japaul and promising Q1 result. Today na gorimapa hair I carry come out as I sold back to them at loss.

jideflash:
Why don't they allow shorting in nse sef ?

I no just understand. Somebody pointed out that the NSE Rulebook does not prohibit it but that maybe brokers are not comfortable with it.

Hope Fidelity will finish today on #2.11

People don dey watch and wait since but then, what will drive any bull run now, nothing really, Q1 results have been released, we are gradually entering electioneering campaign season, funds will be pulled out, Q2 is still far away, just thinking out loud

Agbalowomeri:
Watchout for the bull that sneaketh at noonday

Agbalowomeri:
Watchout for the bull that sneaketh at noonday

Lol...its gonna be like incredible hulk in infinity war. The spirit is willing but the body is on leave .

locodemy:


I will like this one to sell for 20kobo.
my broker deceived me using milost deal on japaul and promising Q1 result.
Today na gorimapa hair I carry come out as I sold back to them at loss.

You done comot? Chai.

Chibuking81:
Zenith bank still forming boss at #27.97 but will soon visit #27.50, then will proceed to sub #27
There is no news around to bring in bull, q2 is still far.

nothing really in d short term to ginger d swagga
lolx

fxuser:


lollx .. pple talk about their wins , me i prefer to share the losses ..

Disclosures
my 2 yeye trades for d yr , all coming from buying early

DangFlour
- with dangflour , took a small loss wen d N16 support broke down (made so much money q4 into Jan)
- my itchiness was eager to make another move . but mkt had en ow plans , he no send me lollx
- so price broke below N15 , zigzag zizag small, hit my stop loss , i jejely sold out with a nice loss. (losses are trading sch fees lollx)
- but the outcome is u hv 1 less bad trade to think about and it frees ur mind
- i think i wrote a redFlag message on dis too

to d newbies reading , our first assignment is not making money oh , its managing capital (naira & emotions). d money will always flow

#Bless
#Randomshare

I hear you on Dangote Flour. I left with bruises but I live to fight another day.

Dangflour. 10.55. Prophet Peter git this one right.

mendes911:


Nice one. Abeg run TA on DangFlour.

I believe previous support is N8.00?

depends on d time frame , ard N9.84 test
but another bearish weekly engulfing candle forming ... 2nd one in 3 weeks
price now below 200dma for d first time in over a yr , 50 dma sef is sloping downwards
my issue here is over head supply build if support is not found in days or weeks to come ..
all those whose entries are above price will start hving break even mentality and just want to get out


#umm

locodemy:


I will like this one to sell for 20kobo.
my broker deceived me using milost deal on japaul and promising Q1 result.
Today na gorimapa hair I carry come out as I sold back to them at loss.

TLAX:


I hear you on Dangote Flour. I left with bruises but I live to fight another day.

cheers bro !

Except for those in Tier 1, NSEMPA members took some nice hair cut, Unfortunately there is nothing positive to drive any bull run, the market needs a fresh breath which is not in sight, monitor your portfolio and reduce loss

I like UBA at 10.9. By july when they declare interim dividends, the return will be better than fbnh full year dividend.

Agbalowomeri:
Watchout for the bull that sneaketh at noonday

Even if bull sneak in, it will sneak out next week.
We are in bear period.

Chibuking81:
Hope Fidelity will finish today on #2.11

seems it wants to test 19th march day low

Chibuking81:

Even if bull sneak in, it will sneak out next week.
We are in bear period.

It is darkest just before the dawn

Chibuking81:

Oh sorry. Its 10.5at the moment. Dangflourers dont want to save it oh.

confusion of the transmission...

Mpeace:
Oh sorry. Its 10.5at the moment. Dangflourers dont want to save it oh.

Oh sorry 10.3

Mpeace:
Oh sorry. Its 10.5at the moment. Dangflourers dont want to save it oh.

Hard truth, Dangote Flour is heading to #8

Mpeace:
Dangflour. 10.55. Prophet Peter git this one right.

Dang flour will still bow futher

Chibuking81:

Hard truth, Dangote Flour is heading to #8

Patiently waiting @N5.00