This blog intends to reduce the noise from the markets by the use of Market Profile as well as studying inter-market associations and their relevance to the short-term trend.
The actual earnings are "much better" than what was general consensus.
I say SBI gaps up 3% or more (unless of course the US markets crap out - look at that spike down on SBI on Friday middle of day - they ran stops of *all* the bulls who bought this stock recently)
-Full Fledged Trading Room -Live Streaming Charts - Live auto generated Buy/ Sell signals - Signals sent to twitter and/or phones -Market Analysis -Trading Range -Live Calls -Trades On NSE Indices & MCX Commodities -Interpretation for trades -Support for existing Positions -Chat Room -Community Support -Private website for subscribers
3 comments:
Thanks RM.
McClellan is well off the lows.It's jumped up quite a bit from the -113 reading on 9th.
http://timesofindia.indiatimes.com/business/india-business/SBI-Q1-net-down-by-253-at-Rs-25124cr/articleshow/9590565.cms
any guesses what impact will this news have on tuesday opening? :-)
What matters is not the "actual earnings", but the earnings relative to expectations:
http://indiaearnings.moneycontrol.com/sub_india/compnews.php?autono=576445
The actual earnings are "much better" than what was general consensus.
I say SBI gaps up 3% or more (unless of course the US markets crap out - look at that spike down on SBI on Friday middle of day - they ran stops of *all* the bulls who bought this stock recently)
Post a Comment