IT SECTOR TODAY(3.5.19)REVERSED.1 MONTH+4.96,5DAYS+1.47,BUT TODAY–1.89%.TODAY MAJAR LOSER TCS. CONIDERABLE VOLUME DELIVERED(43.4%)
LAST 24 MONTH TOP SELL STOCK TCS.   TOP  SELLER OF T C S IS TATA SONS
BREAK  OUT GAP SEEN
SUPORT -1 at 1180 Suport -2 at2011
CMP2132
FIB RETRACEMENT CONFIRMS DOWNFALL
open interst increase (fairly big bubble) price falling indicates short position taken in derivative market.

4 Comments
  1. Maruti Patil 5 years ago

    Nice

  2. Naresh 5 years ago

    Hi,
    Is there any patterns visible to confirm the short position?

  3. Author
    elango 5 years ago

    sir
    if you mean price pattern, i could not see anything.
    i checked with similar I T scrips infy, wipro- they follow same trend
    gap analysis, day loser, O I INCREASE, DELIVERY VOLUME are my basis

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