I am Just surprised seeing the Technical calls provided for this stock , How come they can provide Buy call ans sell calls on this stock , when the stock it self is in range bond from 14 Weeks Not 1 or 2 Weeks , and those who view television and blue channels , Please understand when the stock is left with not investors , it will be hanging like this , even no one is interested in bringing the price down or no institutional investor is interested in this Large Cap , its left in air with no much participation in the stock Such stock normally move 300 Points up and down but its moving only 70 to 80 points
Regards
Comments
nalinakshi
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Is this in down trend?People must be watching to sell further. So it appears calm. Some sniper s are waiting and watching
shiv2798
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@nalinakshi, its not down trend and its not up trend , the trend is on pause, here there are lots of behind the seen will be going , like the stock may be being accumulated for Larger Move , or the stock is being disliked by all the investors because of Fundamental issues , or simply no Hedge fund is interested irrespective of any reason , so the stock is left in air without any movement
and the fun part is when this stock is not moving more than 70 Points close to close still market technical analysis or so called advisers are giving call for buy or sell , you can understand how intelligent they are
Regards