3rd of November 2016 I posted an article captioned "Some potential Counters", covering 5 Stocks, namely AEL, LFIN, TKYO, ALUM and GRAN. Traders had a tough time making anything out of these counters.
The present status of them are as follows:
AEL.N.0000 - Support areas were 26.00, 25.00 and 24.00. They were major psychological barriers for the counter. In order to maintain a strong momentum these levels had to be supported. But both 26.00 and 25.00 were breached, and came down to as low as 23.80. A fare number of shares are trading at 24.00 at present. The Price 24.00 was the stop loss for the Traders, and had to be followed. As such it was not successful for Traders. However the drop is offering the medium to long term Investors the opportunity to collect.
LFIN - This counter was offering a huge discount to it's value at the time I posted on the 3rd. It is even more attractive now as the price dropped to 120.10. There was no Stop Loss mentioned for this stock, as it gives a massive discount at the present Price levels.
ALUM - As a young Company ALUM gives ideal value for the medium to long term investors, but the Traders did not win this time as it had to be stopped at 19.80.
TKYO - Traders suffered here too, as the stop at 59.20 was triggered. Here again the opportunity for the Investor is great, since TKYO is doing very well in the present.
GRAN - This is a stock that's been traded heavily during this year, but the traders missed this time around as it got stopped at 89.60.
All these stocks have an immense amount of upside but not for the Trader. Therefore looking at these counters must be taken with atleast a holding period of 12 months.
Making money in the Stock Market is not easy, but not hard only with increased education and understanding.......
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