Long
Updated

CAPITAL FIRST - CHANNEL MOVEMENT

80
Hi guys ,
CAPF has made new high after posting brilliant results, and has been moving in channel pattern for some time now , it might just break the channel towards up, as Market is very bullish,
Though offload is by warnburg pincus as decided by them(they are selling 10% of their stake to recover full cost,they hold 61.1% ) - news ref 18/04/2017 ET.
TGT-890 ,Sl-735.
Guys Your Valuable comments and suggestion will be highly appreciated thanks.
Note
Capf Mgt has declined the news about warnburg pincus selling 10% holding ... said info of such price sensitive nature will be provided by following highest level of corporate governance ..in reply to SEBI
Note
Guys just want to correct - the bar marked as selling by warnburg is actually a big buy candle as per other sites . ..
Note
correction - candle= volume bar

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