Do you sell after BAD NEWS in a Stock! Must see this- IRCTC
STOCK MARKET MYTHS -
There are many misconceptions people have about how stock market works and how it actually works. In this series we burst these myths or clear misconceptions so people can make wiser decisions in trading/investing.
Myth Number 2- A stock will fall after bad news.
Example- IRCTC -
1. News - Nov 5th - IRCTC, Railway Ministry discussing new revenue share model.
2. Reaction Expected by common people- Another big fall, lower circuit.
3. What happened ? - Initial selling by common people and then IRCTC closed % higher.
WTH happened !!
Reality - A stock may rise big even after bad news.
Taking decision based on this information give you no edge and you will loose over long term.
Big market picture is always given highest priority and buying/selling decision should be taken on this.
Do you think price should rise after good results? Check our other published Idea under 'STOCK MARKET MYTHS' theme.
There are many misconceptions people have about how stock market works and how it actually works. In this series we burst these myths or clear misconceptions so people can make wiser decisions in trading/investing.
Myth Number 2- A stock will fall after bad news.
Example- IRCTC -
1. News - Nov 5th - IRCTC, Railway Ministry discussing new revenue share model.
2. Reaction Expected by common people- Another big fall, lower circuit.
3. What happened ? - Initial selling by common people and then IRCTC closed % higher.
WTH happened !!
Reality - A stock may rise big even after bad news.
Taking decision based on this information give you no edge and you will loose over long term.
Big market picture is always given highest priority and buying/selling decision should be taken on this.
Do you think price should rise after good results? Check our other published Idea under 'STOCK MARKET MYTHS' theme.
