Educomp

desifxtrader

Well-Known Member
#2
Could some one tell me if Educomp will cross 700 over the next two trading days?
If anybody knew the answer for sure, won't they be zillionaires pulling out profits worth crores every day?

My friend, prediction and trading are not the same business. The good thing is that a trader doesn't need predictions.



My answer would be uncertainty.
 
#6
Hi- educomp has taken a beating over the last few days after the above posts..there is some info that promoters are selling their shares. What does this mean, will they buy back at lower prices ? does it not amount to insider trading? Will the stock pull back to higher levels from here? Too many questions I know, but do reply. :confused:
 

alroyraj

Well-Known Member
#7
Hi- educomp has taken a beating over the last few days after the above posts..there is some info that promoters are selling their shares. What does this mean, will they buy back at lower prices ? does it not amount to insider trading? Will the stock pull back to higher levels from here? Too many questions I know, but do reply. :confused:
I know that Educomp has been such a popular day trading share but now is the time to avoid this counter completely. According to news reports they say analysts find the company overly dependent on a single stream of business which means higher risk. A thumb rule of trading is never try to catch a falling knife, you could get hurt. In todays markets remember this rule.
Another rule is to follow the trend which is preferably to short sell, why are you intent on going long. Watch the charts only when it reverses and closes up say 2 days in a row, you can consider , repeat consider not enter.
 

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