There has been a delivery based selling in the PCJ share price. The 5 day average delivery percentage has increased from 14 in October, 2019 to 32 in December week 1.The price has been going down indicating there is a chance of delivery based sellig off. The target for coming days is 20.40.
Airtel today, showed movement aroud 30 % in the stock price. The heavy OI change was reason backed by this rush. Also Airtel, had seen around 2000 OI change on 14th November as well.
Please check out the Participant wise OI involvement on the NSE Website for 15th November, 2019. The long positions by retail clients and short by FII, DII and PRO's, could be the...
Raymond was mentioned in the NSE Website as Price band hitter on 8th November, 2019, with reporting huge volume on 8th November, 2019.
It's worth noticing the stock has moved over 200 points in the last 4 working days. The trend seems to be bullish. Please check out the NSE Website for the volumes and OI in Raymond before carrying out any positions in the stock....
The price levels have not touched the weekly high/low so far. By today, i.e. Friday it is supposed to come down to levels 215 and touch pink line.
If if goes up, and tries to touch the upper pink line, it can cross levels and touch broad Blue line @ 230 as well.
The weekly CPR levels are shown above. So far, the levels have touched the previous week high, however, have not come down to CPR Levels at 1545-11546. For the next 4-5 days, these levels are going to touch the CPR @ 11546.
Probably, the stock is gonnna go up. The formation suggests, the stock is gonna go up. Also, the current levels seem to be under wave 5 of the elliot wave analysis. The wave 5 is not complete yet. The bottom of the cup was end of wave 4.