Why Maruti is going up and up...........Because of Fundamental ?
If you say fundamental, you are wrong.......then use your Brain.......
All price movement in all global markets are purely cyclical..............
Simple.......Maruti has moved purely because of USDJPY......
1000001% Maruti will follow USDJPY......nothing related to Maruti Fundamental and Company performance......this is my challenge........(If you have analytical skill go and Check EOD of USDJPY and Maruti.....you will get more surprises).....(Not only Maruti.....other important two fellows, also following USDJPY.....use your brain and find out)
See the USDJPY and Maruti Chart.....
USDJPY
Ask yourself....where is the fundamental......
Understand.......price is moving based on cyclical.......no fundamental and no performance...
We have 9 pairs like above....to trade............
Information is knowledge...
Use your skill and knowledge.....don't waste your time and money doing trades for generating brokerage for brokers...
Trade like a professional not like a gambler....
Take Care.....
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