SHORT ON GEEKAYWIRE(NSE)

This analysis is only for educational purposes, Invest at your own risk!

• GEEKAYWIRE's price plummeted 20 points this month.
  
• This price action may be done by institutional investors or operators who have accumulated and markuped the stock.
  
• The next phase for these institutional investors or operators will be Distribution , Hence a large sell volume will be seen.
  
• Therefore going short can be very profitable since the stock price will be droping low very soon.
  

Any kind of criticism is highly appreciated !
CHEERS!

Transakcja zamknięta: osiągnięto wyznaczony cel:

The Prices have fallen hence my analysis proved to be correct !
short position proved to have been profitable!