Bharti & HLL ....is best pick !!!
- Thread starter Sarfarazd
- Start date
hi ashish,
market is going down very badly, it will be wise not to trade for a couple of days, most of the experts have been barking that it wil fall again, even if it wasn't going to, but when so much brokeage houses also give such negative statements, an average invester/trader starts selling in fear of market falling and tries to get out of the market as soon as possible, thus it somehow works on the power of suggestion of these brokerage pimps, and so the condition becomes even worse, but it affects day traders much more than investors.
market is going down very badly, it will be wise not to trade for a couple of days, most of the experts have been barking that it wil fall again, even if it wasn't going to, but when so much brokeage houses also give such negative statements, an average invester/trader starts selling in fear of market falling and tries to get out of the market as soon as possible, thus it somehow works on the power of suggestion of these brokerage pimps, and so the condition becomes even worse, but it affects day traders much more than investors.
Hi Asish
Just sharing some thoughts.. and not finding fault.
I have been watching with some amusement the chase of the HLL. You said HLL is stalking us I felt it is rather the other way HLL was being stalked..
The stock is very clearly under a bearish phase the next obvious level seems to be 160 and 132 below that. The ADX and the LRS clearly show that bearishess still persists the high value of R2 shows the current trend is still strong.. So I was rather intrigued by the amount of interest in this stock
I was also wondering if this exhibits a classical mistake most of us make. Chasing the stock, which had humbled us. Somebody called it the revenge mentality, the bane of any stock trader
Just thinking aloud
Regards
Karthik
Just sharing some thoughts.. and not finding fault.
I have been watching with some amusement the chase of the HLL. You said HLL is stalking us I felt it is rather the other way HLL was being stalked..
The stock is very clearly under a bearish phase the next obvious level seems to be 160 and 132 below that. The ADX and the LRS clearly show that bearishess still persists the high value of R2 shows the current trend is still strong.. So I was rather intrigued by the amount of interest in this stock
I was also wondering if this exhibits a classical mistake most of us make. Chasing the stock, which had humbled us. Somebody called it the revenge mentality, the bane of any stock trader
Just thinking aloud
Regards
Karthik
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