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Nigerian Stock Exchange Market Pick Alerts - Investment (6015) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 11:09am On Oct 07, 2020
aremso:


Pitied newbies that would have bought high prices this morning, the thing go dey do like magic for their eyes

I swear mehn.
Re: Nigerian Stock Exchange Market Pick Alerts by DexterousOne(m): 11:15am On Oct 07, 2020
Lion123:


I swear mehn.

undecided

That's the market for you
No impulse decisions

Or you pay for it

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by IYGEAL(m): 11:17am On Oct 07, 2020
How can you not like Zenith?

You can put 2B naira in this stock and pull it back same day. cheesy

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 11:18am On Oct 07, 2020
Market need a pulse to gather further momentum.

With q3 results in view, upward movement would resume with good

results as expected. grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 11:22am On Oct 07, 2020
sellydion:
Market need a pulse to gather further momentum.

With q3 results in view, upward movement would resume with good

results as expected. grin

Despite what ... looking at monthly MACD, the market is simply a buy

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:24am On Oct 07, 2020
Not yet the end of the bull, So much money coming in right now FPI, PFA and Nigerians converting their Dollars back to Naira because of relative stability achieved in FX.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by DexterousOne(m): 11:27am On Oct 07, 2020
petaling:
Not yet the end of the bull, So much money coming in right now FPI, PFA and Nigerians converting their Dollars back to Naira because of relative stability achieved in FX.


Let's be observing
Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 11:30am On Oct 07, 2020
petaling:
Not yet the end of the bull, So much money coming in right now FPI, PFA and Nigerians converting their Dollars back to Naira because of relative stability achieved in FX.

to me i see a pump and dump bull
Re: Nigerian Stock Exchange Market Pick Alerts by BrokerHaruna: 11:32am On Oct 07, 2020
Guinness is recovering to 35
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:33am On Oct 07, 2020
aremso:


to me i see a pump and dump bull
Every bull is pump and dump. Time between the pumping and the dumping is where we want to be.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 11:34am On Oct 07, 2020
BrokerHaruna:
Guinness is recovering to 35
pls let it wait ooo...I'm still planting ooo,let it calm down a little
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 11:38am On Oct 07, 2020
Be like say MOney still dey enter mkt o
Re: Nigerian Stock Exchange Market Pick Alerts by IYGEAL(m): 11:38am On Oct 07, 2020
veecovee:


Despite what ... looking at monthly MACD, the market is simply a buy

Pastor Vee don follow us dey learn the bible of TA las las grin

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by PharmAlfred: 11:43am On Oct 07, 2020
Today's trade is giving the highest swing I have seen on the NSE. Imagine you sold your Access Bank at N8.30 this morning and bought it back at N7. Now it is 7.75. Or you sold your first bank at N6.60 and bought it back at N5.80. Now it is N6.15.

3 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 11:44am On Oct 07, 2020
PharmAlfred:
Today's trade is giving the highest swing I have seen on the NSE. Imagine you sold your Access Bank at N8.30 this morning and bought it back at N7. Now it is 7.75. Or you sold your first bank at N6.60 and bought it back at N5.80. Now it is N6.15.
but its only for the lion hearted
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 11:49am On Oct 07, 2020
Reds-- People are aspiring to pespire to refire ..
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 11:50am On Oct 07, 2020
Yes, just a temporary pause in momentum grin

veecovee:


Despite what ... looking at monthly MACD, the market is simply a buy
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 11:52am On Oct 07, 2020
Only god can do that. Better imagined. grin

PharmAlfred:
Today's trade is giving the highest swing I have seen on the NSE. Imagine you sold your Access Bank at N8.30 this morning and bought it back at N7. Now it is 7.75. Or you sold your first bank at N6.60 and bought it back at N5.80. Now it is N6.15.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by DexterousOne(m): 11:59am On Oct 07, 2020
Zagee:
Reds-- People are aspiring to pespire to refire ..

Lmao
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:04pm On Oct 07, 2020
PharmAlfred:
Today's trade is giving the highest swing I have seen on the NSE. Imagine you sold your Access Bank at N8.30 this morning and bought it back at N7. Now it is 7.75. Or you sold your first bank at N6.60 and bought it back at N5.80. Now it is N6.15.

It is called wash, rinse and they repeat it.

It dazes people.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 12:10pm On Oct 07, 2020
PharmAlfred:
Today's trade is giving the highest swing I have seen on the NSE. Imagine you sold your Access Bank at N8.30 this morning and bought it back at N7. Now it is 7.75. Or you sold your first bank at N6.60 and bought it back at N5.80. Now it is N6.15.


Was able to get some back..could have gone other way for me
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 12:11pm On Oct 07, 2020
sellydion:
Market need a pulse to gather further momentum.

With q3 results in view, upward movement would resume with good

results as expected. grin

q3 dont have effect
On prices historically..
Next rally is Santa Claus...
Once the huge bids dissappear
We are going back to base...

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 12:14pm On Oct 07, 2020
Lion123:
Lol. I sold lots of my Zee at N21.9, then bought back at 19.7. This place is crazy.


some good prof there
Re: Nigerian Stock Exchange Market Pick Alerts by IYGEAL(m): 12:17pm On Oct 07, 2020
On 6th October 2020, NSE ASI went up over 4.9%.

What followed the following day was a continuation of the the upward trajectory, briefly. Then some massive dumping that looks like a decoy to shake off faint hearted investors by forcing them to sell.

Or maybe a resumption of bears, which, although unlikely, is still possible.

Either way, record taken for future reference. cheesy

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Ibrahim505(m): 12:18pm On Oct 07, 2020
My break-even price for Eternal oil which I bought few days ago is 1.81. It's now being bidded at 3.28. Should i sell it or keep anticipating for better appreciation?
Re: Nigerian Stock Exchange Market Pick Alerts by DexterousOne(m): 12:18pm On Oct 07, 2020
Willie2015:


q3 dont have effect
On prices historically..
Next rally is Santa Claus...
Once the huge bids dissappear
We are going back to base...

You mean back to accumulationcheesy grin cool
Re: Nigerian Stock Exchange Market Pick Alerts by Ibrahim505(m): 12:21pm On Oct 07, 2020
IYGEAL:
On 6th October 2020, NSE ASI went up over 4.9%.

What followed the following day was a continuation of the the upward trajectory, briefly. Then some massive dumping that looks like a decoy to shake off faint hearted investors by forcing them to sell.

Or maybe a resumption of bears, which, although unlikely, is still possible.

Either way, record taken for future reference. cheesy
Individual that is into derivatives trading would less likely to be emotional with today's volatility.
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 12:22pm On Oct 07, 2020
From what I know most markets take a pulse when expecting major announcements, grin

Willie2015:


q3 dont have effect
On prices historically..
Next rally is Santa Claus...
Once the huge bids dissappear
We are going back to base...
Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 12:22pm On Oct 07, 2020
BrokerHaruna:
Guinness is recovering to 35

At 15 angry
Re: Nigerian Stock Exchange Market Pick Alerts by handsomebolanle: 12:24pm On Oct 07, 2020
Ibrahim505:
My break-even price for Eternal oil which I bought few days ago is 1.81. It's now being bidded at 3.28. Should i sell it or keep anticipating for better appreciation?

Lol...for me, I will Sell Fast.. 80 percent margin is a good one

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by PharmAlfred: 12:27pm On Oct 07, 2020
lancee:



Was able to get some back..could have gone other way for me

You are quite lucky. Wasn't fast enough to sell at day's high and buy back at the low.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by PharmAlfred: 12:28pm On Oct 07, 2020
Princkez:
but its only for the lion hearted

Just some level of guts and instinct.

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