Chart Of The Day – Vakrangee Gets Ambushed; Stock Hits Rock-Bottom

Vakrangee slumped 20% on four times the 50-day average volume in today’s session. The stock fell for the third straight session after the Company came under SEBI’s lens for alleged share price and volume manipulation. The stock has corrected 29% from its all-time high.

Vakrangee_MarketSmithIndia