Thanks for the clarification.
On lines of Equitas is Ujjivan reverse merger case. Can you\Have you check the charts for in this case for both – Holdco and SFB??
Also, in these arbitrage cases isn’t there a higher probability of increasing delivery volumes as the merger timelines decrease? So is that a help to the charts or a distortion??
And how vl u play the Equitas case now that the merger is complete and holdco doesn’t trade.
The Bank is solid fundamentally but thr vl be arbitraguers selling pressure initially.
Disclosure :- Invested in all 3 – IDFC, Ujjivan nd Equitas holdco for arbitrage. In TA nd EW – Stilk an Old dog trying to learn new tricks…
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