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How to tell NSE has bottomed out
wukan
#5651 Posted : Monday, May 20, 2024 12:43:47 PM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,654
The NSE 20 index is making a convincing run to break above 1800. The upside after that looks quite good.

I am now more focused on the NSE 10 it reflects the market better.

Kaende!
Sir invest
#5652 Posted : Wednesday, May 22, 2024 10:20:10 AM
Rank: Member

Joined: 8/19/2015
Posts: 125
Equity Bank share imekataa kushuka.
jawgey
#5653 Posted : Wednesday, May 22, 2024 10:47:58 AM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
Sir invest wrote:
Equity Bank share imekataa kushuka.

Meli kwisha ng'oa nanga. Ngoja ex-dividend trading.
Seeing is believing
wukan
#5654 Posted : Thursday, May 30, 2024 4:50:04 PM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,654
Equity turnover was 8.8 Billion courtesy of I&M Bank

It is not a child's play...

Monk
#5655 Posted : Thursday, June 27, 2024 11:52:04 AM
Rank: Member

Joined: 7/1/2009
Posts: 272
What's behind the huge BAT sale volume? Any guesses where it will bottom out?
wukan
#5656 Posted : Saturday, June 29, 2024 8:37:56 AM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,654
wukan wrote:
The NSE 20 index is making a convincing run to break above 1800. The upside after that looks quite good.

I am now more focused on the NSE 10 it reflects the market better.

Kaende!


We really had a good chance here to break higher then Gen z protests happened. The mido crass is saying they is tired but me thinks they missed a chance to either consolidate higher or finish the job.

Markets are forward looking and here is what I think they are saying
1. T-Bills-last auction came at 32% performance. Pause and reflect and demand higher rates now that GoK is running on fumes. If interest rates go higher then a good chance we go into deep recession. Not good but political class will take it to punish the mido

2. NSE 20 index- double top at 1750-1780 range. Neckline break and maybe the 1550 range holds if it doesn't all the way to the Aug 2002 levels

Happy trading...Kaende!
wukan
#5657 Posted : Wednesday, July 17, 2024 7:34:48 AM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,654
NSE 20 index at 1710 rallying in a triple top(bearish reversal) pattern. Watch the 1750-1765 level

Happy trading...kaende!
Queen
#5658 Posted : Friday, July 19, 2024 11:01:32 AM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
wukan wrote:
NSE 20 index at 1710 rallying in a triple top(bearish reversal) pattern. Watch the 1750-1765 level

Happy trading...kaende!


Gone back to sub 1700.
wukan
#5659 Posted : Saturday, August 03, 2024 9:11:15 AM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,654
Queen wrote:
wukan wrote:
NSE 20 index at 1710 rallying in a triple top(bearish reversal) pattern. Watch the 1750-1765 level

Happy trading...kaende!


Gone back to sub 1700.


Yes, looks we are not leaving the hood anytime soon.

Taken profits from banking stocks and now squeezing GoK for yield on treasuries

With the yen carry trades being blown open, next few months to Nov will be thrilling...volatility is your friendsmile

Kaende!
wukan
#5660 Posted : Wednesday, September 18, 2024 4:59:16 PM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,654
NSE the gift that keeps giving Applause

With DXY sitting at 100 and looking to break lower, NSE 20 at 1755 with current momentum we break 1800 barrier.

Kaende!
570 Pages«<564565566567568>»
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