Prabhsing... I am not trading it individually... it is trading in PAIR.
So not looking it at that individual PERSPECTIVE. Though I am trying this as an experiment.
Whats your plan if both Coal India and Hindalco move up?
Frankly, I hv negligible idea about Pair Trading. But whatever little I know, usually, Stocks of same sector are traded in opposite directions.
SAIL and Jindal steel was understandable but Coal India and Hindalco!!????
Do post a few lines about the logic behind this Pair Trade.
Thanks for your time and efforts.