Delivery Shockers BSE NSE, Stock Market Index Analysis
Delivery shockers NSE BSE are those stocks that show a sudden spurt in delivery
volumes in a short span of time. Delivery volumes are the volumes that result in
the investor either taking delivery into the demat account or giving delivery from
the demat account. Like the price shockers and the volume shockers, the delivery
shockers are also a critical part of Stock Market Index Analysis. The delivery shockers
need to be understood and evaluated in conjunction with the price shockers and the
volume shockers. If the stock turns out to be a delivery shocker along with being
a volume shocker and a price shocker then it is a more credible indicator of buying
interest in the stock.
Delivery Shockers at LKP Securities…
The LKP Securities website has a detailed coverage of delivery shockers. You can
sort the delivery shockers on the BSE or on the NSE. Of course, the BSE will be
a more reliable indicator if you are looking at mid-cap and small-cap stocks whereas
the NSE will be a better barometer if you focus on large cap stocks. The LKP Securities
page on delivery shockers actually juxtaposes the sharp delivery movers with the
price so that you get a clear picture of the impact. The delivery quantity is considered
in pure numeric terms rather than in percentage terms.
3 factors to keep in mind while analyzing delivery shockers…
Delivery shockers can be a good starting point to evaluate selected stocks. However,
it is essential to keep a few basic facts in mind…
- Ensure that the delivery shockers show a sustained spurt in delivery
volumes. A one-off spurt in delivery volumes can be quite misleading and hence you
need to take that with a pinch of salt. Such spurts could also be due to some occasional
block deals and hence may not be indicative of a larger trend.
- Delivery shockers should be backed by a solid story. Normally, if
there is news of the particular company getting a large order or if it is likely
to announce a major growth in sales or profits then such delivery shockers could
have true fundamental justification. Do some diligence on the promoters and the
past performance of the company too.
- Be cautious of stocks that are extremely small cap with limited
float in the market. Spurt in delivery volumes in such stocks may not really mean
anything. Unless you are able to zero in on a company’s fundamentals with some reasonable
degree of reliability, it is going to be difficult to purely rely on spurt in delivery
volumes. You need to take that into account.
Spurt in deliver volumes on NSE or BSE can be a good starting point. You need to
apply the necessary checks and balances before using it as a trigger.