Lesson from Phrase "Not to Catch Falling Knife" in Stock Market

It is human nature to go for that stock which has fallen sharply as we see value in that product but at times it may become a trap for traders. So, as a thumb rule do not seek value in a stock which is falling down and instead invest in the stocks which are going up in the trend.

The case in point related to stock relevant to catching a falling knife in recent times have been of DHFL (caused due to mutual fund selling), Yes Bank (Rana Kapoor not being extension) and PNB (Nirav Modi fiasco). Remember Yes bank is the best among the lot and it becomes a buy above 233 level. High risk takers can accumulate DHFL as it can reward them handsomely if the news floating about its finances is wrong.

Do remember to try our best stock of the day and start making money professionally.

Lets have a look at DHFL chart below:

Lets have a look at PNB Stock

Let us now have a look at Yesbank Stock