abhishek_sh4

Accumulation by Big Players

NSE:THERMAX   THERMAX
Thermax

News: https://tech.economictimes.indiatimes.co...

(Please go through the news)


TA: Accumulation zone, High Delivery, High Volume

Everything explained in chart

Comments

isnt it so obvious? big players do not like small investor making profit, might be there will be a severe shake out before upside
Reply
abhishek_sh4 TechChartview
@TechChartview, Thank you for your comment.

Probably they try to get as many as quantities at a low rate. (Avg low cost). Yes, there might be shaken out phase before upside.

Shake out are being made for the following reason:

1.) The entry of a new player (Big player) at a low price.
2.) Some bulk/block deals

There can be more reason but I feel, this can be a major reason.
Reply
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