A Stock Drops Below your Entry Price; When Should You Get Back In?
In the weekly technical article published on July 02, 2017, we discussed about “How to Preserve your Hard-Earned Money.” We hope you found the article useful. Today, we move on to a new topic, where we talk about “When Should You Get Back In.”
You bought a stock that had all the right qualities to become a multibagger. You saw it rise steadily to a double-digit gain, and then were forced to sell for a small gain, or break even as the stock plunged back to the proper buy point. Have you ever faced this situation? Continue reading “A Stock Drops Below your Entry Price; When Should You Get Back In?”
Break the Stereotype- Why You Should Be Buying in to New Highs?
“What seems too high in price and risky to the majority usually goes higher, and what seems low and cheap usually goes lower.” – William J. O’Neil, MarketSmith Founder
The ‘N’ in the CAN SLIM strategy stands for either a ‘New Product,’ ‘New Management,’ ‘New High,’ or any other new factor, which could positively change the operating environment for the stock and ultimately drive its price into newer realms. Continue reading “Break the Stereotype- Why You Should Be Buying in to New Highs?”
Daily Big Picture-Market Closes with Small Gains in a Calm Trading Session
Today’s Action:
The benchmark indices opened on a positive note in today’s session. The indices remained largely range-bound for the day, before finally closing with small gains.
Continue reading “Daily Big Picture-Market Closes with Small Gains in a Calm Trading Session”
Daily Big Picture – Markets Rejoice the Largely Hassle-Free Implementation of the GST; March Higher
Today’s Action:
The benchmark indices opened on a positive note, and built on gains during the day; finally ending with close to 1% gains.
Daily Market Review
The benchmark indices made impressive gains in today’s trading session, which was expected to remain volatile largely due to concerns over the implementation of the Goods and Services Tax (GST). However, the rollout of the much-awaited tax reform has been largely hassle-free, which was reflected in the buoyant mood seen on the Street today.