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InfinityCapital
Jul 29, 2020 6:36 AM

multiple distribution days in a short span. correction likely 

ICICI SEC. LTDNSE

Description

multiple distribution days in a short span near an all-time high. correction likely
Comments
LearningJoe
Is it going 400,close to 200DMA or taking reversal after good 20% correction ? Any view, Sir ?
InfinityCapital
@LearningJoe, chances of reaching 200dma are high. earnings are strong, can bounce back anytime
dhananjaykumar1212
Any negative news or a govt. Decision is impacting it?
Is it still a buy or one should sell it??
InfinityCapital
@dhananjaykumar1212, i would sell, if i had bought for the short term. short term trades are technical trades, fundamental news may have an impact on it but one must adhere to the price movement and technical strength
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