Today, it was one of the most fearful day to watch market falling down continuously. It was a day when I had nothing to buy or to sell and I just watched the movement and felt that way perhaps.
Even high bonus/right did not help EBL and NLICL. Peer pressure created a situation of decrease in nearly all companies.
Big investors sold shares. Similarly, big investors bought shares in large number. In single transactions, 500 (even above 200) to 5200 kitta EBL shares are both sold and bought by big investors. Hence, as many love to say big vs small, it is not big selling-small buying game. 5200 kitta shares selling and buying in single transaction at a price of 3695 each are not the tasks done without giving lots of thought and without going through rigorous analysis. Hence, there is equilibrium of actions.
Therefore, I am not much alarmed. Decrease in price motivated buyers and increase in volume significantly may help investors to keep hope alive and optimism intact.
Personally, I will HOLD my shares.
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