Friday, November 26, 2010

If you are cautious and trading on news

If you are cautious and trading on news then  this is an eye opener for you ...day before yesterday CBI arrested director of central bank ...
Others arrested include RN Tayal, GM, Bank of India, Venkoba Gujjal, DGM, Punjab National Bank, Mahinder Singh Johar, Director, Central Bank of India and Rajesh Sharma CMD, Suresh Gattani and Sanjay Sharma of Money Matters. All accused were sent to CBI custody till November 29, 2010.
http://www.financialexpress.com/news/cbi-arrests-lichf-ceo-seven-others-in-loan-scam/715763/
and stock blasted up by 5.5% yesterday 
Intraday moves of the stock ....opened down  in 5th minute  was in positive zone again in 3 minutes came in negative territory and after 20 minutes of that again moved up to green zone and finally closed above 5.55 % of previous close ....




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