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Ratnamani Metals & Tubes

Discussion in 'Technical Analysis' started by verenmitter2001, Nov 5, 2012.

  1. verenmitter2001

    verenmitter2001 Member

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    Hi All,
    Whats your view on theis stock as it is forming trple top pattern.

    Regards
    Veren
     
  2. shabbir

    shabbir Administrator Staff Member

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    This stock is not in futures and so you cannot play shorting and so does not matter.
     
  3. verenmitter2001

    verenmitter2001 Member

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    Shabbir can you explain that as I didnt understood.

    If a stock is not listed in future , its a good sign or bad.
    Or you want to say the market movement will not effect the stock much?

    Regards
    Veren
     
  4. shabbir

    shabbir Administrator Staff Member

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    You can only short stocks that are in futures or else if you short the stock in cash market, you have to buy back the same day and so it may not work very well.