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Saturday, 9 February 2013

Should you trade on results day ?

Hello All

I have repeatedly written , why you should not trade a stock on a results day. See Canara Bank's behaviour yesterday on results day. Both the long and short holders would have got their stop losses hit due to vioent fluctuations.

When there is a news - either results / externals - Technicals WILL NOT work. Please keep this in mind and see the chart below.

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