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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11449959 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by OnGod20: 6:13pm On Dec 06, 2020 |
I'm new here, please is it advisable I buy some stocks this December and if yes, can someone please recommend some stocks for me? |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadiima1: 6:45pm On Dec 06, 2020 |
While looking at volume can help investors determine where price action might be headed, on-balance volume produces clearer signals that assist investors looking to act on a trade. Volume shows crowd sentiment as price bars carve out patterns that predict a bullish or bearish outcome. Volume supporting price action creates convergence, adding reliability to directional signals. Opposing action creates divergence, warning that market forces are in conflict, with one side eventually taking control. Volume interpreted through an accumulation-distribution indicator clarifies this process, giving reliable signals that influence position choice and trade management. On-balance volume (OBV), developed by Joseph Granville in the 1960s, packs enormous use into a simple accumulation-distribution tool that tallies up and down volume, adding or subtracting the result in a continuous sub-total. The formula generates a smooth indicator line that carves out highs, lows, and trendlines similar to price bars. Comparing relative action between price bars and OBV generates more actionable signals than the green or red volume histograms commonly found at the bottom of price charts. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadiima1: 6:57pm On Dec 06, 2020 |
On-balance volume (OBV) is a simple accumulation-distribution tool that tallies up and down volume, creating a smooth indicator line to predict when major market moves might occur based on changes in relative trading volume. OBV works best when testing around major highs and lows to measure for possible breakouts and breakdowns. Investors can use OBV to provide many key predictions, such as a bullish divergence predicting the price will break resistance or a bearish divergence predicting a rally will stall or reverse. Investopedia 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 8:28pm On Dec 06, 2020 |
OnGod20: This is not the best approach to invest in stocks. You have to do the following: Determine your investment objective - why do you want to invest in stocks, for what purpose and for how long. Do you have some basic knowledge on how the stock market works? if answer is no then start by investing in yourself by reading some materials and previous pages on this thread. However, you don't have to be an investment guru to start; most of the gurus started as a newbie as well, you get experience and learn more while at it. 6 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:47pm On Dec 06, 2020 |
OnGod20:When people are cashing out ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by IYGEAL(m): 8:49pm On Dec 06, 2020 |
nna777: Problem is, opportunity(-ies) to buy or sell at projected prices doesn't come in a regular pattern. There is no need for this policy other than profiling of investors for godsknowswhy. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by IYGEAL(m): 8:55pm On Dec 06, 2020 |
Tvegas: This! |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 9:20pm On Dec 06, 2020 |
nna777: Well, we all have plans, but on the long run it will affect the market. Now the so called CSCS KYC is starting to make sense. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by OnGod20: 8:26am On Dec 07, 2020 |
emmasoft:thanks for your opinion, I already have a basic knowledge about stocks and I have invested in some stocks before but j don't really know the best time to buy |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 8:42am On Dec 07, 2020 |
OBAGADAFFI:Buhari is targeting capital gain tax. CGT. This is different from Witholding tax on your dividends. The first is profiling of investors.(done with KYC update of investors) The 2nd phase is knowing how much you are gaining by investing or trading on NSE? The third is grouping Nigerians into tax brackets. Under dz phase, the poor earners will be excluded. The money from the rich will be transferred to fund the poor. The praise singers of Buhari will be the utmost beneficiaries of the Scheme, coz the money will be looted before implementation. The government might lunch a bound to fail social security service. The fourth agenda is implementation of this brutal anti-investors policy. Buhari has sold Nigeria. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 9:01am On Dec 07, 2020 |
OnGod20: Then by now you would have known the basic rule of - buy low and sell high. So you buy when prices are low and sell when it's high. That is the very basic. All analysis you read or hear people talk about ends with just that simple basic understanding. This is the period most investors position in dividend paying stocks like FUGAZ and others. Prices are higher though compare to what it was earlier in the year. You can watch and see if prices pull back or buy in trenches to average down. However applying the basic rules is determined by your investment objective. A long term investor may not be too bothered about price like a trader. Some long term investors ie dividend seeker can make do with 8% dividend yield so to that investor he may not wait for a stock like zenith to be N20 or less before he buys but a trader will 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by OnGod20: 9:07am On Dec 07, 2020 |
emmasoft: Thanks a lot, please which stock is fugaz? I haven't heard of that |
Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 9:13am On Dec 07, 2020 |
OnGod20: First bank Uba Gtb Access Zenith 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Penboy: 9:33am On Dec 07, 2020 |
It's Monday morning.... What are we buying/ Jijoing?? |
Re: Nigerian Stock Exchange Market Pick Alerts by OnGod20: 9:38am On Dec 07, 2020 |
ojeysky: Thanks so much, I appreciate your response so far, so you recommend I buy these stocks now? |
Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 9:46am On Dec 07, 2020 |
OnGod20: emmasoft: |
Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 10:44am On Dec 07, 2020 |
IYGEAL: True but if the opportunity presents itself, we should take advantage. |
Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 10:44am On Dec 07, 2020 |
OBAGADAFFI: Exactly |
Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 10:46am On Dec 07, 2020 |
Leggitsam: This looks more like it. |
Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 10:57am On Dec 07, 2020 |
OnGod20: Recommend kee, mi sef dey learn o. You may check with the gurus |
Re: Nigerian Stock Exchange Market Pick Alerts by moneymanager: 11:31am On Dec 07, 2020 |
IYGEAL:Something comes to mind. While in university a friend mentioned that some people trade anonymously by using their financial investor or their lawyers to trade. This way the buck stops at them and it’s forbidden by Attorney–client privilege or lawyer–client privilege for them to reveal their clients. Now ofcourse some small service providers will shake when slapped with law suit from govt, hence you will need a lawyer that has clout and reputation/money who isn’t afraid. Think Rotimi Williams status etc Ofcourse this is all to say if what my friend said was true. ![]() ![]() Edited :- To make it harder sef. You can use a lawyer in a different country with no Nigeria international policy relation. It doesn’t even have to be outside of Africa. Am sure even another African country in ecowas will be hard enough let alone one without political relations etc I love my country Oooo and am loyal to Nigeria forever. Happy to pay my taxes and abide by any law mandated by the govt. This is all just playing with ideas ![]() ![]() 1 Like 2 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by jamace(m): 11:33am On Dec 07, 2020 |
FTNCOCOA is on FULL BID..@ N0.31 ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 11:50am On Dec 07, 2020 |
Re: Nigerian Stock Exchange Market Pick Alerts by otokx(m): 12:03pm On Dec 07, 2020 |
Leggitsam: What can be done to avoid this? |
Re: Nigerian Stock Exchange Market Pick Alerts by dharpzee: 12:32pm On Dec 07, 2020 |
Abeg, does anyone have an update of GTBANK court ordered meeting, held on Friday? |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:38pm On Dec 07, 2020 |
otokx:There is no way to avoid government hammer. Except you don't invest in Nigeria. Already, the govt has linked all registered BVN, with Tax Identification Number (TIN). The painful thing is that the tax paying people in Nigeria are not benefiting from the proceeds. No way out. The government is hell bent on spending the unclaimed dividends for funding 2021 budget. This is an antithesis, coz government had already collected witholding taxes on same assets. Nigerians told the government to diversify the economy, this is Buhari way of economic diversification. VATs increase Witholding dividends increase Now CGT introduction is knocking. �� Let's see how the tax profiling will look. If it excludes people earning less than N25, 000,000/year, then the government might have an easy ride, but the way this government is broke, they might want to include people earning N5, 000,000/annum and above. The worst scenario, the government will tax you CGT, if you earn more than N3, 000,000/year. CGT is designed to tax equity investors all over the world. It might even include foreign assets and equities, Bitcoin and other Cryptocurrency. Let's expect the worst scenario and hope for the best. 1 Like 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:40pm On Dec 07, 2020 |
dharpzee: Successful |
Re: Nigerian Stock Exchange Market Pick Alerts by SMA50: 12:41pm On Dec 07, 2020 |
jamace: What is pushing FTNCOCOA upwards? Any ideas? Not enough information to review Technically. |
Re: Nigerian Stock Exchange Market Pick Alerts by jamace(m): 1:01pm On Dec 07, 2020 |
SMA50:I think there is plan to restructure.. |
Re: Nigerian Stock Exchange Market Pick Alerts by dharpzee: 1:24pm On Dec 07, 2020 |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:40pm On Dec 07, 2020 |
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 1:52pm On Dec 07, 2020 |
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