The speed of share price movement mostly increases due to short covering so whenever share breaches important psycological and technical levels shortcovering makes its price to move up and down fastly
So when ever important levels are breached open chart of that share and weight till the height of sell or buy bars diminish to average height till time and thats the right time to short or long that share
Happy And Safe Trading
Hare Krishna
Ganesh
Dont short or long levels but short on resistances and long on smoothness
Re: Any News About Ranbaxy Why Its Emmitting Heat ?
No probs..actually its my favorite stock(favorite sector)..becoz i bought it for 284..when it start falling from 500-600...but it went upto 150 and i was about to sell it in loss(felling bad as it was from my first shares i traded ever)..than i ask a question on news channel and person said..pharma sector just works on good news.....
Any single good news and it will goto 250 than u want to book lost do that.....i waited...and after malvinder exit it went high.....and after every single good news it kept on appreciating....now on 28th september it will complete a year in my kitty and i will sell on profit just waiting for that.....which i didnt expected.....
Company has good fundas...but raids on USA plants(plus losing patent cases) plus daichi buying at expensive rates since market crash just later.....it felt bad.....
If u want to invest wait for some bad news......as share falls accumulate....right now waiting for the date and 400 my target else even will sell at ard 360 if it u turns
Another stock which i keep hearing this days and might boom is Sanofi-Aventis...as i guess they got some +ive news regarding aids vaccine...plus lot of biotech related stuff ...i guess Aventis Pharma Ltd. is what it being traded on bse..in b group...someone please confirm
Religare Securities Online Trading Server Is Down Since 9:55 amTuesday 29/9/9
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Religares online trading server is down since mornning 9:55 am today and its still down .....no signs ot its recovery....
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