Price Action Analysis

TataSteel -

NEWS - Results on 11 Nov, highest ever quarterly profit.

Expectation - Strong buying and big trending move.

What actually happened ? - Fall from 1340 to 1271, down 1.3 %.

We are buying after the result hype here.
Do you know who is selling to you here? Did you think about it ? If not then why not ?
Your favorite analysts, trading gurus you follow who were giving buying recommendation just a day earlier!!.

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