we are referring to Varun Beverages which has given a remarkable move in a matter of two days and a person remains in dilemma whether to get into it or not as it is not supported by any prewarning. Thus these stocks fall in the category of High risk and high returns. We were able to spot this stock on its very first day of the move but judgmental bias told us to stay away. At times it can be right and some times it can be wrong and remember the fall of thud is steep in such stocks. We missed this stock as its move came without any pre-warning.
However, we do not feel that we missed the bus as the stock market throws opportunities daily in the market and one has to behave like a Shikari to catch the right stock at the right time and we have been using this technique successfuly through our best intraday tip which gets you profit with in first two hours of the day.
The moral of the whole story is that one should avoid entering into any sudden movements unless one has corroborated information for the reason behind the movement. Here no signal was received as in the previous few days or months stock has been in a channelised movement and one fine day it makes a superb movement.
Check the stock chart and see the ferocious move and only time will tell will the fall will be also equally ferocious or it has gone into a new league of stocks. The only solace is that for the time being stock has gone up with increased volume and fall experienced is on reduced volume. So, all those who want to reap high returns need to bear high risk too and this one stock which can be used as a case study in this aspect.