Tata Steel - Did you buy the 'Good News' ?
TataSteel -
NEWS - Results on 11 Nov, highest ever quarterly profit.
Expectation - Strong buying and big trending move.
What actually happened ? - Fall from 1340 to 1271, down 1.3 %.
As usual news channels hype the results, so called 'analysts', big players declare it the best thing ever.
Those unaware of the game buy this fake hype, they buy at open.... and who is selling at the other end ? YES.. many of your favorite analysts, big players who were telling you to buy just a day earlier.
Harsh reality of markets-
1. News channels actually know nothing.
2. Big players are not here to do any favor to you, they have become big from money of people like you and me.
Sooner we realize this sooner we will be on the right path.
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