[embedyt] https://www.youtube.com/watch?v=emryy5o6H_E[/embedyt]
Introduction to Swing Trading – SWINGTrader India Webinar covers the following:
•What is Swing Trading?
•Swing Trading Buying Strategies
•Swing Trading Selling Strategies
•What is SwingTrader India?
•What makes SWINGTrader India different?
HEG surged 20% and hit upper circuit, after a brokerage firm BofAML forecasted strong demand for Graphite Electrode (GE) and initiated coverage with a buy rating.
We haven’t been able to discern any consistent or reliable reaction that a stock has to a pending stock split. However, I would note that a stock with an excessive number of stock splits within a relatively short period of time, or a number of large splits such as 3-for-1 or larger should be checked for signs of topping. Often, this occurs after a stock has had a large upward move. A stock split does not fundamentally impact the company in terms of earnings per share and a host of other fundamental measurements. However, companies will often split their shares in order to bring down the price of the stock as a way of making it more appealing and/or accessible to investors. Also, splitting the stock will increase the float, which may make it more accessible to institutional investors.
Dr Reddy’s Laboratories gained 4.9% driven by above-average volume buying in today’s session. The stock retook its 50-day line after breaching it in yesterday’s session.
After correcting 16.6% last week, Reliance Industries found support at its 200-day line. The stock rallied 5.8% on above-average volume in today’s session. Consensus estimates RIL to post double-digit earnings growth in Q2 FY 2019.
