The stock observed volume of over 7% of the total outstanding shares in a single day indicating massive buying.
Bannari Amman Spinning Mills Limited, is a vertically integrated textile company engaged in the manufacture of cotton yarn, woven and knitted fabrics, finished garments, home textiles and wind power generation.
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A long legged doji has been formed today meaning indecision between buyers and sellers. If the price drops below the lower wick, I'll exit the trade as it might signal a possible reversal.
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Made flag pattern in 1 hour timeframe, and broke out of it
According to DATA on NSE. The delivery percentage stands around 43% with total trades around 8k and for the rest of the week the trades were really less. Appears to me as a risky proposition. Let's see if the volume builds up with the BO. However the fun fact is; I have my alert at the same level. Was validating my view :) Nice charting mate
Kapil-Mittal
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@Adityasuryancicli, Yes that means there is sudden interest in the stock
Movieshow
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super sir
Kapil-Mittal
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@harimagesh1205, Thankyou
UnknownUnicorn20630746
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This is why I told you, Such spikes in volumes mostly fail.