July 28, 2015

CASTEXTECH 11 days lower circuit

Everything looks fine when stocks like these go up... from 60 to 360 in less than 4 months and that with decent volumes.

Till the time the stock starts correcting and keeps hitting lower circuit for 11 consecutive days.

Average volume? less than 500 shares a day.

Beware of rallies like this where everything looks too good (chart is self explanatory).

SEBI disclosure applicable

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