Cipla the stock I was looking for today started at 583 and ended low at 568 this is called bullish activity.
Actually traders purchase stock at low price. Institutes sale happens and stock price goes down.
And then trades buy them and next day sale those by biding for high price.
Trading to encash the sentiments of fear that followed to sale.
But it's always good if you are long term investor not to look at these picks but look at average.
Look at the capabilities of the company to generate revenues.
Cipla has got approval to market hepatitis B drug in market in United states, its a big good news and company will make huge revenues. Cipla got final approval to market generic version drug entecavir is has an annual sale of $206 million in United states while Cipla is known to sale Medicine for very competitive prices where no other company can afford to do this. So it's going to be green for Cipla.
Stock prices are going to touch to 700 mark soon.
Looking at this I purchased 10 more Equities of Cipla while it's on low price.
And will sale when it will bounce to 600 to 650 till then will stock up the stocks more and more.
Same is case about Glenmark.
Glenmark started new business on 12th in US which opens up new opportunities fir generation of revenues for Glenmark.
But system of trading have brought it's stock price from 914 to 909 but it's going to hit 1050 mark soon.
So stock up cipla and Glenmark Equities and wait for few days.
Actually traders purchase stock at low price. Institutes sale happens and stock price goes down.
And then trades buy them and next day sale those by biding for high price.
Trading to encash the sentiments of fear that followed to sale.
But it's always good if you are long term investor not to look at these picks but look at average.
Look at the capabilities of the company to generate revenues.
Cipla has got approval to market hepatitis B drug in market in United states, its a big good news and company will make huge revenues. Cipla got final approval to market generic version drug entecavir is has an annual sale of $206 million in United states while Cipla is known to sale Medicine for very competitive prices where no other company can afford to do this. So it's going to be green for Cipla.
Stock prices are going to touch to 700 mark soon.
Looking at this I purchased 10 more Equities of Cipla while it's on low price.
And will sale when it will bounce to 600 to 650 till then will stock up the stocks more and more.
Same is case about Glenmark.
Glenmark started new business on 12th in US which opens up new opportunities fir generation of revenues for Glenmark.
But system of trading have brought it's stock price from 914 to 909 but it's going to hit 1050 mark soon.
So stock up cipla and Glenmark Equities and wait for few days.
Today observed a very peculiar phenomenon that my guru who thought me how to make money online by trading in Equity and stock markets.
That market do not operate on facts rather it operate on sentiments and on threats and fears.
If you are sure shot sure that even after going down the price of the stock you hold today. The prices are going to rebound next day.
That market do not operate on facts rather it operate on sentiments and on threats and fears.
If you are sure shot sure that even after going down the price of the stock you hold today. The prices are going to rebound next day.
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