InfinityCapital
Short

Vmart maybe at the end of its 5 year run

NSE:VMART   V-MART RETAIL LTD
Vmart has clocked in a record volume of 1.72 million on a down day. This is a monthly chart and if you notice the arrow pointing to the volume is for the month of July 18. The difference between the high to close is almost 900 points which comes to around 30 % of the stock price. The stock has since struggled to make new highs. We may expect a 50/80 rule by "Mark Minervini" to happen in this stock.

Tread with caution.

Comments

What's the 50/80 rule
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@priru0613, when a climax top is formed, chances of a 50-80% correction are highly likely.
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priru0613 InfinityCapital
@InfinityCapital, thanks a ton
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