Sir, JNSAR of Sun Pharma for 15.11.2011 was 504.34 and previous closing was 510.8. Today, the stock made a low of 502.6 and closed at 504.85. Does this mean that one should SELL Sun pharma at 504.34 and carry the short? Further, CURRENT (16th) JNSAR is 504.13 i.e. above present closing price. Please help me understand JNSAR trading of stocks with the above example. Thanks in advance.
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1 comments:
Sir,
JNSAR of Sun Pharma for 15.11.2011 was 504.34 and previous closing was 510.8. Today, the stock made a low of 502.6 and closed at 504.85.
Does this mean that one should SELL Sun pharma at 504.34 and carry the short?
Further, CURRENT (16th) JNSAR is 504.13 i.e. above present closing price.
Please help me understand JNSAR trading of stocks with the above example.
Thanks in advance.
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