Distribution warning
Heavy volume, delivery under 42%, price down more than 1.5%. The shape of an exit.
The inverse of the accumulation case, and the more urgent one if you hold the stock. Heavy volume with little of it delivered and a red close is a session that was traded rather than invested in. It often precedes a slide nobody has announced yet. Read the guide: Delivery percentage explained →
More delivery:Delivery surgeQuiet accumulationSustained deliveryDelivery-backed breakoutChurn without conviction
Price and delivery data from the eod2 dataset: National Stock Exchange of India end-of-day files, split- and bonus-adjusted, updated after each close. Not affiliated with or endorsed by NSE. PatternsRadar is a research tool. Nothing here is investment advice or a recommendation to buy or sell anything.