Wednesday, May 8, 2013

0005HDIL07May2013 – Bought double by accident, but I am not complaining

One of the first rules of being stupid in the market is to enter into something you don't know. I tried my hand in intraday by shorting HDIL and of course as expected I burnt my fingers. I panicked and ended up buying double the shares. Fortunately, I am expecting the stock to go up to 60 and possibly 65. This is exactly inline with my earlier analysis which you can read here

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