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Nigerian Stock Exchange Market Pick Alerts - Investment (5835) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by seyisanya(m): 11:13am On Jul 02, 2020
dinyelutochukwu:
Blood on the streets.
Meships, I can see you smiling from one corner.
March is about to repeat itself in July. Bargain hunters unleash your chest! This is interesting...

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by akinssan(m): 11:17am On Jul 02, 2020
Princkez:
haaa...were is everyone,why is the house is so quiet

Trying to cherry-pick. cool

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:19am On Jul 02, 2020
Moda1:
Bros, is fidelity at 1.70 ok for short termer . Pls advice .
Lower 1.60 region (1.58-1.65 range) is much better.

Just my opinion. It may or may not get there. You can start cherry picking from 1.68/1.70 based on your investment objective.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:23am On Jul 02, 2020
seyisanya:
March is about to repeat itself in July. Bargain hunters unleash your chest! This is interesting...
Market not likely going to visit March lows.......before reversing

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Moda1: 11:24am On Jul 02, 2020
Thanks sis
Mcy56:

Lower 1.60 region (1.58-1.65 range) is much better.

Just my opinion. It may or may not get there. You can start cherry picking from 1.68 based on your investment objective.
Re: Nigerian Stock Exchange Market Pick Alerts by dinyelutochukwu: 11:25am On Jul 02, 2020
seyisanya:
March is about to repeat itself in July. Bargain hunters unleash your chest! This is interesting...
My brother, you have eyes jare!

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by akinssan(m): 11:29am On Jul 02, 2020
Mcy56:

Lower 1.60 region (1.58-1.65 range) is much better.

Just my opinion. It may or may not get there. You can start cherry-picking from 1.68 based on your investment objective.

Sis mcy .....Support @ 1.73, buy and average down if it tanks but am spotting somethong hanging for southy movement.
volume is above daily average.

Wetin l sabi cool
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:30am On Jul 02, 2020
stcool:
Japual Gold digging grin

https://nairametrics.com/2020/06/11/fg-inaugurates-gold-refinery-project-boosts-smaller-scale-mining-operations/
Was even searching for the new name again. Japaul Gold and Mining something.... grin
I'm trying to see correlations here.

Could the Access waiver, change of name, coming up with right issue/private placement......be a coincidence or have something in connection with the project? Just wondering.....
We'll see how all these plays out....... tongue

Caveat: just thinking out loud. I no get strength for any argument. No one should bother to quote me......except Jaupalians maybe. tongue
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:36am On Jul 02, 2020
Moda1:
Thanks sis
That 1.70 is not bad too.
You can start cherry picking from that spot.
Hope you understand that nobody can accurately time the market, hence the need to be picking gradually from a safe junction and averaging down from there if it goes further south.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:39am On Jul 02, 2020
akinssan:
Sis mcy .....Support @ 1.73, buy and average down if it tanks but am spotting somethong hanging for southy movement.
volume is above daily average.

Wetin l sabi cool
You Sabi well well pass me self. grin
....but I'm just looking at a situation where the general market is tanking, support can easily be broken...... bargain hunters wouldn't want to bid higher too.

If you check fidelity table, the bulk of the bids are from 1.60 and below.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:49am On Jul 02, 2020
UBA: Using one leg to test below N6...
Zenith: Too much bargain hunters.......taking position between 15.25 and 15.50..........will it go lower or build support at that region? We're observing....... tongue
Re: Nigerian Stock Exchange Market Pick Alerts by akinssan(m): 11:50am On Jul 02, 2020
Mcy56:

You Sabi well well pass me self. grin
....but I'm just looking at a situation where the general market is tanking, support can easily be broken...... bargain hunters wouldn't want to bid higher too.

If you check fidelity table, the bulk of the bids are from 1.60 and below.

Support might break 'cos Elliot wave is getting weak....
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:53am On Jul 02, 2020
akinssan:
Support might break 'cos Elliot wave is getting weak....
Okay. So you can see what I'm seeing there too.... smiley
Re: Nigerian Stock Exchange Market Pick Alerts by debostar(m): 12:02pm On Jul 02, 2020
Has anyone experienced transaction reversal from a bank in nigeria before.
I have been trying to transfer money to Morgan capital group since yesterday.Each time ,the transaction keeps saying failed transaction or reversal
Please ,what do I do
Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 12:03pm On Jul 02, 2020
Mcy56:
UBA: Using one leg to test below N6...
Zenith: Too much bargain hunters.......taking position between 15.25 and 15.50..........will it go lower or build support at that region? We're observing....... tongue

Those bidding up Jaiz and Unity should mind themselves ooohhh....... Was able to get few Afolabi units of the latter @0.46k yesterday sha.
I need Jaiz @0.50k. Bidders take not
Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 12:06pm On Jul 02, 2020
Mcy56:

I appreciate your help Ma.

I have sent mails to them at about 2am this morning.
As at writing this, I am yet to receive any response. However I will notify you once it is solved.
thanks once again.
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 12:07pm On Jul 02, 2020
There is a serious network issue going on

I could not transfer from Stanbic and fidelity as I am writing

Patience is required. grin

debostar:
Has anyone experienced transaction reversal from a bank in nigeria before.
I have been trying to transfer money to Morgan capital group since yesterday.Each time ,the transaction keeps saying failed transaction or reversal
Please ,what do I do
Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 12:10pm On Jul 02, 2020
debostar:
Has anyone experienced transaction reversal from a bank in nigeria before.
I have been trying to transfer money to Morgan capital group since yesterday.Each time ,the transaction keeps saying failed transaction or reversal
Please ,what do I do
Check your transfer limit.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 12:10pm On Jul 02, 2020
debostar:
Has anyone experienced transaction reversal from a bank in nigeria before.
I have been trying to transfer money to Morgan capital group since yesterday.Each time ,the transaction keeps saying failed transaction or reversal
Please ,what do I do

Morgan has two accounts, Polaris and Zenith bank.. have you tried both?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:11pm On Jul 02, 2020
arduino:
Those bidding up Jaiz and Unity should mind themselves ooohhh....... Was able to get few Afolabi units of the latter @0.46k yesterday sha.
I need Jaiz @0.50k. Bidders take not
Lol. grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by akinssan(m): 12:12pm On Jul 02, 2020
debostar:
Has anyone experienced transaction reversal from a bank in nigeria before.
I have been trying to transfer money to Morgan capital group since yesterday.Each time ,the transaction keeps saying failed transaction or reversal
Please,what do I do

I think most of us don't know how the banks operate in Nigeria during the closing of the month .

reduce or don't transact during the month-end and the first day of the month.

The account got to balance ooooo.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:18pm On Jul 02, 2020
machine606:
I have sent mails to them at about 2am this morning.
As at writing this, I am yet to receive any response..
Fwd a copy to michaelj@morgancapitalgroup.com and also follow up with a call.
Bear in mind that this is the end/beginning of a new month, they might be very busy too.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:21pm On Jul 02, 2020
akinssan:
I think most of us don't know how the banks operate in Nigeria during the closing of the month .
reduce or don't transact during the month-end and the first day of the month.
The account got to balance ooooo.
Exactly. Anyone targeting any transaction with banks, PFAs, brokers and those in the category should avoid end of the month as much as possible.
Even doing transfers from one bank to another too.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:40pm On Jul 02, 2020
grin
Princkez:
haaa...were is everyone,why is the house is so quiet
Re: Nigerian Stock Exchange Market Pick Alerts by leo1234(m): 12:41pm On Jul 02, 2020
Mcy56:

Lower 1.60 region (1.58-1.65 range) is much better.

Just my opinion. It may or may not get there. You can start cherry picking from 1.68/1.70 based on your investment objective.

No money. grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by debostar(m): 12:46pm On Jul 02, 2020
sellydion:
There is a serious network issue going on

I could not transfer from Stanbic and fidelity as I am writing

Patience is required. grin

That is very serious o
Thanks
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 1:08pm On Jul 02, 2020
NSEMPA mode rightnow grin grin grin
May God give us the FORTITUDE to bear the PAPER LOSS.

That been said let's EXPECT an OASIS from now till July 10th.

BARGAIN HUNTERS TAKE NOTE!

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 1:17pm On Jul 02, 2020
grin grin grin

PETERiCHY:
NSEMPA mode rightnow grin grin grin
May God give us the FORTITUDE to bear the PAPER LOSS.

That been said let's EXPECT an OASIS from now till July 10th.

BARGAIN HUNTERS TAKE NOTE!
Re: Nigerian Stock Exchange Market Pick Alerts by freeman67: 1:20pm On Jul 02, 2020
debostar:
Has anyone experienced transaction reversal from a bank in nigeria before.
I have been trying to transfer money to Morgan capital group since yesterday.Each time ,the transaction keeps saying failed transaction or reversal
Please ,what do I do

Yes several I have tried to transfer from Ecobank to Zenith and from UBA to Zenith. From EcoBank it was successful but was later reverse. While from UBA it said the transaction was unsuccessful but I was debited it however got reversed later.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:21pm On Jul 02, 2020
PETERiCHY:
NSEMPA mode rightnow grin grin grin
May God give us the FORTITUDE to bear the PAPER LOSS.

That been said let's EXPECT an OASIS from now till July 10th.

BARGAIN HUNTERS TAKE NOTE!

Na waoh.
I can only see tech,
Nicals is missing but will be found by 2pm

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:32pm On Jul 02, 2020
leo1234:
No money. grin
It's well. smiley
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:34pm On Jul 02, 2020
locodemy:

I can only see tech,
Nicals is missing but will be found by 2pm
Hhmmm.
Banking supports getting broken anyhow.

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