A number of traders consider that short selling is not their cup of tea as they feel guilty that are part of a team which is bringing down the market and falling market is against the human psyche.
However, as a trader please understand that you can make good money by either buying or by short selling in intraday like our clients have been doing in the intraday segment using our intraday tip which is short, simple and sweet as a finish by 11 AM.
Notwithstanding, that we will concentrate on the stock which has given the sell signal and our clients were short in this stock since yesterday. The stock in question is Biocon which has come in the hands of the bears and it makes sense to be away from this stock till the time it starts its ascending journey and crosses above 608 & further breaks the level of 623 which will give a fresh buy signal. As of now, the stock is a clear sell and stock can fall to the levels of 532,511,500 below level.
Thus do not fear while short selling as it is undertaken in every market worldwide and avoid guilt feeling that you are bringing the index or stock down. Please also understand that stock starts becoming a buy call once it crosses the level of 608,623 level etc. Thus stock market trading is a dynamic process and one cannot be fixated with ideas and need to keep reading the charts continuously.
However, as a trader please understand that you can make good money by either buying or by short selling in intraday like our clients have been doing in the intraday segment using our intraday tip which is short, simple and sweet as a finish by 11 AM.
Notwithstanding, that we will concentrate on the stock which has given the sell signal and our clients were short in this stock since yesterday. The stock in question is Biocon which has come in the hands of the bears and it makes sense to be away from this stock till the time it starts its ascending journey and crosses above 608 & further breaks the level of 623 which will give a fresh buy signal. As of now, the stock is a clear sell and stock can fall to the levels of 532,511,500 below level.
Thus do not fear while short selling as it is undertaken in every market worldwide and avoid guilt feeling that you are bringing the index or stock down. Please also understand that stock starts becoming a buy call once it crosses the level of 608,623 level etc. Thus stock market trading is a dynamic process and one cannot be fixated with ideas and need to keep reading the charts continuously.
