BSE NSE Only Buyers & Sellers Companies, Stock Market Price Analysis
Another important part of stock market price analysis is to look at NSE only buyers
& sellers companies. When you click on your stock and find that the stock is locked
in upper circuit you will find that that there will be only buyers at the upper
circuit price. This is either because there is nobody willing to sell at that price
or all the selling has already been absorbed. The reverse is applicable in case
of only sellers companies. Here you will find that there is a huge selling block
on the lower circuit prices. Either there is nobody willing to buy at this price
or any buying that is emerging is being absorbed by the sellers. But why is this
LKP Securities – Only Buyers and Only Sellers page…
The Only Buyers and Only Sellers page on the LKP Securities website captures these
upper circuit and lower circuit stocks based on two filters. Firstly, there is the
exchange filter. The exchange filter allows you to either filter on NSE stocks or
on BSE stocks. If you are looking at a larger universe of stocks then BSE would
be the exchange of choice for you. The second filter is based on specific sectors
or specific indices. You can find out which stocks within a particular sector are
either having only buyers or only sellers.
These sectoral trends also have a larger implication. Firstly, they help you identify
specific sectors where the upper circuit or lower circuit trend is more pronounced.
It is a clear indication that something is happening in the market in those sectors
and can be a trigger for you to look more closely at those sectors. For example,
we have seen graphite stocks and sugar stocks consistently hitting upper circuits
with only buyers clearly emphasizing a trend in the last few months.
Only buyers or only sellers over a sustained period of time…
As a market observer what you need to focus on is whether you see a consistent trend
of only buyers or only sellers in specific stocks. Such trends are more visible
in mid-cap and small cap stocks. More so in case of companies where the capital
base is small and therefore it is much easier for a few buyers to make a difference
to the stock volumes. You always need to be cautious about stocks that are consistently
on a lower circuit as it could be indicative of larger problems in the company’s
financials or in its operations.
As a prudent investor you need to remember that a stock does not become attractive
just because it hits upper circuit for a few days. In small companies with limited
float such price movements can be managed and hence you need to take it with a pinch
of salt. What you need to gather from the only buyers / only seller’s data is whether
any larger sectoral trends or thematic trends are emerging for you to focus on.
That should be your key take-away from this only buyers and only seller’s page of