Eicher Motors rally missed, postitional trading and Intraday trading results..

 05/11/2010

I purchased Eicher motors 9 shares for 2125 rs. and sold them at 2130. for a quick profit but I didn't checked the previous trend or full chart of Eicher Motors. the stock was in clear up trend and broken out from the previous downtrend. If i held the shares for more than 3 days I would have seen some decent profits. But I selloff the shares within the same day.


I brought without any support and resistance points. though the stock is clearly in downtrend for the day. 



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