Tuesday, April 21, 2015
Where is the Fundamental ?
Case Study - 1 - Hero Honda
Herohonda closed below our Blue Level, price action says mid term is getting weak....
From that level till now any rise, Hero Honda is falling and still it looks weak..
Nothing has changed in Bottomline of Herohonda...but, price has fallen almost 30%...
Now....ask your self, where is the fundamental played a role in the fall ?
We have to remember, market hit all time high and Herohonda is in falling mode...think...
Case Study - 2 - Siemens
Siemens in the same month closed above Blue Level, price action says mid term is getting strong...
From that level it has moved sharply.....
Again here also nothing has changed in Bottom Line of Siements...but, price has moved 50%...
Now....ask your self, where is the fundamental played a role in rise ?
Message
Fundamental will workout when price action supports...otherwise...fundamental fail.
Price is the visible factor...fundamental is non visible factor....
Price is in front of us.....fundamental is assumption.....
You have to study fundamental alongwith price cycle...
Sunpharma - Superb
Sunpharma first we have told top out on 9th April 2015....the same thing has happened...
Again, yesterday between 10 to 1 o'clock there was a wrong move with some other logics given bad signal yesterday again in 2 o clock....Today 10% fall (extraordinary)....as per trend....nothing surprise...
This is our power.....this is how we protect our followers and learners.....
Our followers never ever in buy mode since from 9th April 2015....what else.....
Take Care....
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