We have been suggesting lower levels to be seen in the stock from levels of 50 and even on 26th May we had posted a chart for Rcom with the headline is this the beginning of the end...??? which was suggesting more difficult times for the stock
Well Today there's a news on RCOM that it trips loan with 10 different domestic lender and the stock is down 14% so far.
So what do you prefer... trading on news or what stocks try to communicate directly...
Choice is yours...
Comments
shiyas
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oh.. thats so ulta logic. in fact having f&o such moves can be so so 'disturbing'.. say u have a long position and today u were unavbl, he cud unavble here ever after. thats not protecting investors
20%, is like a fracture. isnt it. cant imagine it getting up running/correcting tommorow. legs must be broken dont u think.
i bot pe 17.50. eod / lets c. thats another 10%. good luck to me, tnks!
indiamarketoutlook
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@shiyas, fno is anyways a risky proposition. but in fno atleast there is a chance to hedge which is not available in t2t stocks .
i have seen stocks going in down circuit the second they open ever day with hardly any trade (20lac sellers and no buyers and qty of 3000-5000 in a day). And then one day the down circuit curse breaks and we see volumes of trade. But the stock came down from 50 levels to 5.
20%, is like a fracture. isnt it. cant imagine it getting up running/correcting tommorow. legs must be broken dont u think.
i bot pe 17.50. eod / lets c. thats another 10%. good luck to me, tnks!