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Tagged: CAIRN
s…after Vedanta buying out cairm, both are based in UK. There is lot of insider and investors problem between both these companies. The loan of Vedanta is put on the head of cairn. So better exit when good opportunity comes from both the companies.
A person built a good house in Chennai with atmost safety. He was very confident that he and his things are safe inside the house. This is technical analysis. Suddenly a flood attacked Chennai and the entire area including the house he build immersed in flood water. This is shift in fundamental. So when a change in fundamental occurs then none of the technical analysis can stand before. Whether it is hanging man or standing man, TA will help only to a certain extent. Only Fundamental plays vital role.
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