As Per My Knowledge it may consolidate ....it's not worth to Short for this Expiry
Dr_Netalkar
⋅
@kunalbhatia16, agreed. Too risky
VAIPAN
⋅
@kunalbhatia16, yes no short till above 506
amitmargaje
⋅
This again proves that you are well ahead of time, people keep talking , please continue your work, as it may give benefits to someone
Once again I missed the trade but happy that it has proved you again right
Tradersclub_india
⋅
Volume was Low while price was moving up !!! Overall Volume was even lower than yday''s aggregate Volume .....
Hopefully, it will start correcting from tomorrow itself, what say ?
And Today what happened people who didn't have stock stared selling till the low's if there was delivery based selling it would have definitely cracked.. Since you hold major share of this stock you will never sell it on technical chart you will always sell on short build up or on some good news.. am writing this all stuff so that no retail traders should loose money.
Smhaditya
⋅
To be more precise assume you hold around 50 percent or 80 percent of the stocks of this company what will you do? You will definitely hold for shorts by those who have no share.. once there is SHORT build you will offload your stocks which in turn will neutralize trade.. so always remember when a stock makes a new high never short it, u will be blownout of proportion..