Sunac had a massive liquidation today where the stock underwent a big volume throw down with so much buyers cutting losses and cashing out. The Big Boys in this counter were powerful as there was one point I saw the queues thin out on the buy side just so to scare the retailers to sell when they were actually starting to conducting a mini rebound as recorded in the minute chart attached above. This action suggested that the sell down cannot last long and
a short term possible rebound is imminent. There are scripts to go long in this counter and I watching for the right signal to go long which I believe is soon.
Ronald K - A Game Changer
