Agnostic Swings
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A qualified CFA & Technical Analyst

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I share my equity swing trades regularly here

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Probable reason why Mid & Smallcaps may be falling:

*New BSE rule*

Brightcom

Suppose closing on 20/08 is 40/.

It has gone up 6x in last 6months.
So new rule applicable.

So now,

Range from 23/08 would be

Weekly
Upper 48
Lower 32

Monthly
Upper 52
Lower 30

Quarterly
Upper 64
Lower 24

In few days list of all such companies on whom this new rule applies would be out.


Reason for selling in small cap cos
Agnostic Swings
Probable reason why Mid & Smallcaps may be falling: *New BSE rule* Brightcom Suppose closing on 20/08 is 40/. It has gone up 6x in last 6months. So new rule applicable. So now, Range from 23/08 would be Weekly Upper 48 Lower 32 Monthly Upper 52…
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*Marketmen and Big Dealers are expecting BSE to likely withdraw or modify the controversial circular released 2days back* Big brokers are meeting with SEBI & BSE officials this morning to remove or withdraw this circular. Some announcement expected today after market or tomorrow from SEBI and BSE. This should arrest the broader market selling pressure in market in few days.