Short

Maybe a Climax Top in Hikal

Updated

Hikal Ltd fell 25% on Sep 18 on 10000% volume more than Average Monthly Volume. Generally, such moves are climax top in stock. The stock may drift sideways for months before witnessing a huge fall after the climax top, It pays to be cautious in such scenarios.

Note

Down 40%

InfinityCapital

Value doesn't move stock prices, people do by placing buy orders. Value is only part of the equation. Ultimately, you need demand - Mark Minervini

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