Date-30/12/2022
CMP-613.70
Stock trying to move highs with low volumes as per above data.
OI Data-Jan 2023
As per OI Data as on 30/12/2022 total calls-16389 and total puts-13,349
Put Call Ratio=0.81 it indicates bearishness.
Resistance:
Call Strikes= 620(2226 contracts) and 630(2015 contracts)
Support:
Put Strikes=600(2375 contracts) and 580(1889...
Date-14/12/2022
Stock is in downtrend after a long uptrend,Volume not supporting for up candles,it means for increasing volume for red candles and decreasing volume for green candles.We have support at 3900 and 2950 levels if it breaks stock moves to Rs.2500 odd levels.If you want short wait for green candle with low volumes(As per Volume Spread Analysis).
As per...
Date-30/12/2022
Company issue price -Rs.32
Company listed Price-Rs.25.75
Current Marker Price-Rs.24.2
Whoever got this stock in IPO they are in loss because after listing stock touched high of Rs.27.25 and loss of Rs.4.75(14.84% loss).
Stock View:
Technical view not genuine at such low volumes.
Retail investors have struck in this stock as per above data.Most of...
Date-12/12/2022
Stock is in downtrend in weekly chart and global factors also not in favor for IT Sector,whoever wants to buy or hold just analyze such factors.Best entry points 784-895 at tranches.
This is my personal opinion for educational purpose only,please analyze stock before taking any decision.
