Hindalco The share price of Hindalco has been in downtrend for more than 2 month.Hindalco made the high of Rs 137 and low of 94 ytesterday. Stock bounced back 4.5% today but with low volumes as compared to last few trading sessions showing rise was backed by short covering only. Share is trading in downward… Read More »
Technical analysis reflects the voice of the entire marketplace and, therefore, does pick up unusual behavior. By definition, anything that creates a new chart pattern is something unusual. It is very important for me to study the details of price action to see if I can observe something about how everybody is voting. Studying the… Read More »
Be impatient. As always, small loses and quick losses are the best losses. It is not the loss of money that is important. Rather, it is the mental capital that is used up when you sit with a losing trade that is important.Never, ever under any condition, add to a losing trade, or “average” into a position. If… Read More »