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| COMB - IntraDay 09/12/2015 |
Wednesday, December 9, 2015
Com Bank - The Hornet's Nest
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2 comments:
Why did it come down?
First reason of course is the Ex div date was the 9th. But mostly it is due to foreign selling which is there on Com bank for many days now. However I must add that in Technical analysis, there is no point in knowing what happened. Because the price and volumes includes every thing inherent in the variety of thinking that goes into making of that price and the trend. It includes fundamentals of a company, politics, weather, financial crisis, economical turmoils, selling pressure.....the list is never ending. But the best part is that the trend repeats what happened previously. That is something that no one can explain.
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