infy has lot of supply coming in at 815 and 847, those two deep probing bars (arrow mark) collected huge quantity at lower levels.
Comment:
watch on 15/7/20 candles 5 min time frame from 10.30 -11.20 when high 848 reached, classic profit booking and test of resistance of 847
Comment:
toaday's massive jump was unexpected, candle seems like sheer profit booking with massive supply
Comment:
delivery % is 22% and 19% for 15/7 and 16/7 seems signs of only profit booking and intra day trading only, no commitment