FIN630 GDB No. 1 Announcement
Thursday, November 04, 2010 Posted In Fin Edit ThisThis is to inform that Graded Discussion Board (GDB) has opened according to the following schedule
Schedule
Opening Date and Time
November 04, 2010 At 12:01 A.M. (Mid-Night)
Closing Date and Time
November 08, 2010 At 11:59 P.M. (Mid-Night)
Note: No extra or bonus/grace period is available for attempting GBD
Mr. A is holding 1500 shares of a company and he wants to buy or sell some shares. He is taking the services of a broker for trading in stock exchange. Broker has analyzed the market trend based on mutual fund cash position analysis and Bar chart analysis. Broker has provided following information to Mr. A on different days:
A. Due to adverse political situation of country and some other economic factors, only 40% of mutual funds are invested in the stock market and rest is idle.
B. In the Bar chart a stock breaks through resistance level.
Required:
Based upon the above information provided by broker:
1. What is feasible for Mr. A (buying or selling) in situation A and in situation B?
2. What will be the market trend (bearish or bullish) in situation A and in situation B?