Hello
Often I hear the phrase "Short covering Rally"
To my knowledge if traders go short then the prices of the scrips rises temporarily a day/two and later the price will come down mostly.
How to identify and conclude short covering in a perticular stock?
How is it useful for positon traders?
Plz give me the resp links.
Thank you
srinivas
Often I hear the phrase "Short covering Rally"
To my knowledge if traders go short then the prices of the scrips rises temporarily a day/two and later the price will come down mostly.
How to identify and conclude short covering in a perticular stock?
How is it useful for positon traders?
Plz give me the resp links.
Thank you
srinivas