Before market opening Hindalco came up with very good set of results. On major news channels, brokerage houses gave price target of 208 but see the charts of Hindalco.
In last quarter we saw Nestle India come up with a very good set of results but the day when results were announced the stock saw a complete sell off.
Yesterday before market opening Hindalco came up with very good set of results and on many major news channel brokerage houses gave price target as 208 but see the charts of Hindalco for yesterday.
So are you still buying stocks that have reported very good numbers but when you buy them they start sliding down? If your answer is yes it’s time to learn and understand market.
Charts by Interactive Brokers Trader Workstation