A small thread :-
Yesterday Many People would have shorted PAGE IND in Futures for Results Trade between 23600 to 23200 and many would have kept SLs near 23800-24000
And buying in cash of 3500 shares would have needed around 1 crore margin in Intraday.
A total investment of max 5 crores.
V/s 23800 shorting price if shorts were covered around 22000 profits would be about 1.80 crores.
With retail traders kept out on account of smart stop loss hunting via cash.
END OF THREAD.
Disclaimer: I am human & I might be wrong, this is just my reading of the events.