What is an Earnings calendar and why to use it?
It is a calendar used mostly by traders or short term investor to track the financial health of company in each quarter. Heavy weight company quarter result creates volatility in market and affect nifty trend. In this section trader can get information about upcoming quarter result of company in advance and prepare trading strategy for that day.
In stock market smart stock trader always win because he gets data earlier than others. Smart trader use quarterly earnings calendar to make strategy and invest in stock. Maximum stock moves up before result date in anticipation of good result. Smart stock trader track above economic calendar and buy stocks 3-4 days before result date. One day before earnings result date they book profit and don’t keep any position in that stock due to high volatility and uncertainty. Always use technical chart in EOD page to know when big investor are buying any stock before earnings result day.