REL Communication

R

ravalsb

Active Member
#11
#11
indian06 said:
:) so the the confusion remains the same ... 50% are bullish and 50% are bearish... so we better move according to the stock's trend, will see whichever way it moves further. but as far as i am concerned , i am bullish on the stock.
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There is no confusion here. If Call Writing is more underlying sentiment is bearish.

23,40,450 shares worth Call written on 1st Aug whereas 1,72,200 shares worth Put written on 1st Aug.

I am not saying that RCOM cant go up. It can, provided it manages to stay above such level that triggers short covering.

Hope this Clarifies.:)
 
A

arnav_rulz

Well-Known Member
#12
#12
ravalsb said:
There is no confusion here. If Call Writing is more underlying sentiment is bearish.

23,40,450 shares worth Call written on 1st Aug whereas 1,72,200 shares worth Put written on 1st Aug.

I am not saying that RCOM cant go up. It can, provided it manages to stay above such level that triggers short covering.

Hope this Clarifies.:)
Click to expand...
In Stocks Calls are generally traded more than Puts on any given day ...
 
I

indubala1001

New Member
#14
#14
whatever, relcomm has been downgraded now by experts. not only becoz experts say but as we watch, the market has not many +ves to recover. so, may be there will not be a bullish run on this stock. may be, even the stock market. It is expected to recover by the end of this year. but with the elections coming it still looks to be bearish
 
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