
In markets: any pattern can fail. But what’s important is to be clear of patterns that have cruel intentions.
Reading the Psychology of the Market

In markets: any pattern can fail. But what’s important is to be clear of patterns that have cruel intentions.

Trading is all about observing. Well, here’s one tradeable behaviour of Ranbaxy stock

I covered Ranbaxy stock on May 24 when it tried breaking past 525 but stock failed. Here’s again revisiting the stock as it looks interesting near support.

Every day I try to cover a stock in stock observation column. The idea is to highlight a stock where I feel that trend is changing or a big move is in the offing. Here are stocks that I covered in State of the Market Stock Observation section between May 16-May 30.
Deepak Singh is a market analyst and keen observer of world economy, politics and news affairs.
He is based out of Chicago. His twitter handle is smarket. You can email him: stateofthemarket@gmail.com
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