millo: Country people of nairaland, whats your take on unitybank, I know it in car park, but the volume of trade is still relatively high, whats up with it? I have always doubted the fundamentals, but any sentiments?

IMO, the only fear investors have about unity bank is the share reconstruction. But I'm not sure there will be reconstruction at this current Benchmark price. Maybe the price will rally up before they will embarking on reconstruction (just my opinion). If this happens, those who bought at the car park can take advantage of the short rally and sell before SEC will place it on full suspension.

Born 2be Rich:

What is pushing japaul oil IMO is nothing but market sentiments in the oil sector of the nse...people that didnt enjoy the rally in FO, Conoil, mrs and oando have decided to take positions in this stock (and likely eterna) with a believe of an imminent rally..as at last week friday japaul was scarce as i contacted a broker about the stock..however, i foresee profit takers coming in soon..

Bros you have said it all. This is exactly my thought about Japaul's current rally. The stock is already showing some signs...

Watch Japaul closely. It is an easy money spinner for traders especially because of sentiments in the oil and gas sector as others have said. It is easier for Japaul to reach N1.2 (over 100%) than for most others on the floor to gain 50%.

megainvest: Watch Japaul closely. It is an easy money spinner for traders especially because of sentiments in the oil and gas sector as others have said. It is easier for Japaul to reach N1.2 (over 100%) than for most others on the floor to gain 50%.

I have 2000units here.....
Let's go there!!!!

Does anybody knows when presco will fix their AGM this year i want to know when to board their bus.

Oando trading currently @ N21.73, gearing up to enter.

Guys- can we discuss Oando shares here pls and strategise on the best re-entry price. NB: The deal is likely to be sealed on or b4 Jan31,2014

We just completed phase one of a web portal for Nigerian Stock Market. It has many tools(Charts, Graphs news and data) for analysing stock on technical and fundamental premises.

The address is marketwatch.ng

Please review and send comments and suggestions to support@marketwatch.ng

Thank you.

Aks: Oando trading currently @ N21.73, gearing up to enter.
Guys- can we discuss Oando shares here pls and strategise on the best re-entry price. NB: The deal is likely to be sealed on or b4 Jan31,2014

Keep watching very closely. It must go further down by fire by force

lol @ megainvest, i guess majority that invested when the price was high (24+) whilst making millions on a daily basis are busy strategising on how to offload rather than think of re-entry . It's well

Aks: lol @ megainvest, i guess majority that invested when the price was high (24+) whilst making millions on a daily basis are busy strategising on how to offload rather than think of re-entry . It's well

Lol ....NSE

technically am not expecting oando to fall below 20 otherwise bear will takeover on the stock to next 13.89 support zone. 2morrow will show clearly where is going

natruetalk: technically am not expecting oando to fall below 20 otherwise bear will takeover on the stock to around 13.89 suppor zone. 2morrow will show clearly where is going

Would be waiting for OANDO < N20.....but would be watching closely cos i doubt if it will get there...

Oando will get to 17 Naira before any rally

Aks: Oando trading currently @ N21.73, gearing up to enter.

Guys- can we discuss Oando shares here pls and strategise on the best re-entry price. NB: The deal is likely to be sealed on or b4 Jan31,2014

There is a support at the N20 line. So my first re-entry price will be around N20. If it breaks this support, I will load more at the next support level and continue loading at various support points until my money finish

Elai147:

There is a support at the N20 line. So my first re-entry price will be around N20. If it breaks this support, I will load more at the next support level and continue loading at various support points until my money finish

Walahi, I don't know how you copied my strategy for this stock.
I don dey fear you ooo....

9free:
Walahi, I don't know how you copied my strategy for this stock.
I don dey fear you ooo....

Na your footstep I dey follow na.. No dulling because opportunity like Oando's comes once in a lifetime.

At the NSE, December is happening in January. Move your projections forward by @ least 6 weeks. NEW NORMAL.

Elai147:

Na your footstep I dey follow na.. No dulling because opportunity like Oando's comes once in a lifetime.

I be think say na only me dey use that kurukere strategy..
As you and Oga 9free dey do the same, that means no wahala for my side.

can you please explain the bolded

Elai147:
There is a support at the N20 line. So my first re-entry price will be around N20. If it breaks this support, I will load more at the next support level and continue loading at various support points until my money finish

Elai147:

There is a support at the N20 line. So my first re-entry price will be around N20. If it breaks this support, I will load more at the next support level and continue loading at various support points until my money finish

can we know ur support zones mine are 19, 16.50 and 13.89

i hope 20 doesn't break if broken those are my next support zone. 16.5 is the strongest.

NB, i didn't enter oando train be4 but am on a look out

Apart from asking my stockbroker, is there a way to find out by how much a stock is on bid or offer?

jarkbauer:
can you please explain the bolded

There was an old resistance around that N20 line (may not be exact) which becomes a new support for the stock after the resistance was broken.

natruetalk:

can we know ur support zones mine are 19, 16.50 and 13.89

i hope 20 doesn't break if broken those are my next support zone. 16.5 is the strongest.

NB, i didn't enter oando train be4 but am on a look out

I hope it doesn't get broken too because the more supports a stock breaks the more resistances it will encounter on its way back up (uptrend). Let's not forget that during its uptrend movement Oando was trading with gaps so it most probably will be breaking those supports easily with gaps. But no shaking as breaking through resistances will not be a problem for Oando considering investors appetite for it. After 20, my next will be around 19, 17, 16.20

megainvest: Apart from asking my stockbroker, is there a way to find out by how much a stock is on bid or offer?

I don't know the source where some ogas get these bid and offer infos apart from Broker's source. Please those who know other sources should tell us.

Fellow investors in the house,
i need ur help
when is presco closing their register

Omexonomy: Does anybody knows when presco will fix their AGM this year i want to know when to board their bus.

The red in the house generally no get part 2

Omexonomy: Fellow investors in the house,
i need ur help
when is presco closing their register

Should be around July or so..

My take on Oando Plc

Oando Plc
Short term: Profit taking zone since price reached but fails to breach resistance N28.90K,
RSI 14 period at overbought level of 82. A reversal candle pattern formed at the resistance,
therefore a correction is expected between N21.45-N23.98K.

Long term: Bullish still in view

oando is falling faster than i expected, i tot it ll take at least mid January to hit 20, at this rate oando must fall to less than 18 before this week ends. Everyone shld get ready to buy again once its below 18. Regards

So-brit:
The red in the house generally no get part 2

BROS I TELL U!!!!

See red every where!! where Madam Mercy go self?

if this red continues for the next three days i will borrow and start to buy UBA cap again

To get information on bid and offer, go to Stockmarketnigeria.com.
Click stocks prices. Then click FT in front of the stock you want to check.

feelamong:

BROS I TELL U!!!!

See red every where!! where Madam Mercy go self?

if this red continues for the next three days i will borrow and start to buy UBA cap again

UBCAP on my radar...