MRF 3.17% 6.1¢ mrl corporation ltd

yes it's always by placements that a lot of shares are...

  1. 7,432 Posts.
    yes it's always by placements that a lot of shares are accumulated by Big Boys, Not saying All their positions come from Placements just a lot to supplement their on market activity,
    After all Buy Low Sell High has that aspect. Agree that's what the "sophisticated investors" are following?

    well that's what @heraclitus and @insaf and myself are using charts to glean, What is the low the retail buyer can come in with some confidence to Buy?

    It's indicated that price range is here. So I for one will call my buy. My position will be under $5000 so not a big deal big noter. Certainly I am not motivated to DownRamp by using charting on this forum.
    I just think that TA Charting is an excellent method for picking price entry bottom/ LOW price of a discovered Range.
    I also have 'studied' the Market on the ground not at university for some 40 years. The Graphite Sector since 2012 so have some background in it's FA or as I prefer to call it Scenario Trading.

    Anyhow MRF is not my favourite stock but I am offended when accused of being a snakey downramper.
    I am a "player' in Market Dynamics especially in a 3/6/12 month time frame.

    cheers
 
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