Chasing the News

Dear traders,

Today Business Standard posted :Lupin gains after robust Q4 results. "http://www.business-standard.com/article/news-cm/lupin-gains-after-robust-q4-results-116051900825_1.html"
The news came at 15:12 IST.

Even if I had set a news alert for LUPIN, and bought immediately it may not result in profits. The chart of LUPIN has already started rising from May 17 10 a,m, onwards. Actually it did not move up much today(0.42%). If anything, it seems poised for a fall.
What's all this? Is it possible to get the news before it is released? http://www.traderji.com/images/smilies/confused.gif

I hope senior traders can throw some light on this.

Yes and its called insider trading.

unless you have a friend working in Lupin's management , you cannot get inside info.

In India 90 % of big ticket trading is insider trading. Few people will always know what the results are and they are already positioned for taking advantage of the price rise.

Smart_trade

When big ticket investors take positions, it always leaves footprints in sand in form of chartpatterns so a good technical analyst can recognise event coming

how much early you want the news and how much are u willing to pay?? there are terminals one is bloomberg which gives news couple of mins early than its hitting the news channel but it cost bomb

regds,s