There were quite a few reasons for shorting Indiamart at that level :
1.Have a look at it's daily , no stock can trade in a single direction , it's shouting for a pullback .
2.Market opened gap down , a hindi quote = "Sone pe suhaga"
3.It tried going higher and failed .
Keep supporting me !!
Thank you !!!
1.Have a look at it's daily , no stock can trade in a single direction , it's shouting for a pullback .
2.Market opened gap down , a hindi quote = "Sone pe suhaga"
3.It tried going higher and failed .
Keep supporting me !!
Thank you !!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.