Day trading Nifty & Stock Futures
Weird logic.
Indian business goes bust then no problem, but african business just turns into some profits, then scrip climbs 10%. :lol:
Trust me, ( May Uday and Majnu kidnap and punish me if I am lying) - last night I got the popup business alert from one of the famous Cartoon Network channel that Bharti Airtel posted big loss. The first thing that came to my mind - its time to go long on Airtel tomorrow morning. Anyways I did not, as I don't trade stocks in intra anymore. I dint even observe the price, I have forgotten. Later in the evening I see this on TJ how airtel rallied and now analysts are giving rational.
Classic example - Reason for a move always follows after the move in price @ market.
Why the fk anyone look for reason? Because that is how we take decisions. Thats how market kill us, as it did to those who shorted; reason was - Bharti posted poor results.
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