ITC 93% deliveries just before the tax news?

I feel someone knew the new before it came. Can someone help me understand what is happening here:

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On any given day ITC has about 50-60% deliveries only. But 2-3 days before the tax news, it jumped to 93%? Does not sit right to me. I have been scratching my head around this lately. Not to mention, it went up to 409 after a very long time just a few days back too.

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if this is true, SEBI should investigate.

Yes its obvious Some ppl knew before bcoz these changes are not done overnight, they are discussed and planned for months, unfortunately only influential ppl with connection get such information and profit off it, retailers can’t do anything unfortunately

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Investigate what?
Spike in delivery typically means non-speculative trade. So people stopped speculating before big news was coming (which makes perfect sense) and you want SEBI to investigate?

At least this data point (rise in delivery volume) do not suggests there was very high insider trading :slight_smile:
If there was insider trading, non-delivery percentage would have gone up as insiders would have taken intraday positions to make profit out of insider news, and squared off after the news.

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@zoomtrader who will ask , are you think SEBI , its all Minister manipulation and in up are knows everything , SEBI will always worry about retailer not about minister or adani - they are holy people

SEBI is very busy to protect retailer,
a man is holding a baby in his arms and the baby is smiling .

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How? The fact that big news was coming wasn’t public information.

Insiders only do intraday? What logic is this?

I don’t think you understand what delivery % indicates :grinning:
Give me a theory, what does increasing delivery % indicate?

generally, increase in delivery % indicates, people going long on stock. That is stronger hands are cornering the shares and taking more delivery, so buying for long term. It is associated with insider trading if some confidential positive news i on horizon (like big order , merger etc.) and insiders are buying stock before news breaks.
This is conventional wisdom.

What is your counter theory which corelates negative news, insider trading and increasing delivery % ?

I really don’t see why the reverse can’t be true? Insiders holding shares knew what’s coming and decided to exit delivering their existing shares onto unsuspecting retailers. “Delivery %” doesn’t provide any clues as to the direction, It just means the percentage of volume traded today is the number of shares that actually changed hands. If a large percentage of traded volume is delivered, why would it automatically mean that the buyers are insiders and the sellers are retail and not vice versa?

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lol, I have nothing to say to this :slight_smile:
I would suggest probably google it or ask any of your favorite LLM agent, what does high delivery % in share trading indicates and that would help you understand.
Or maybe have a look at this article ( I googled it)
Delivery Volume of Stocks: A Beginner’s Guide to Smart Investing - StockManiacs

But trust me, high delivery percentage never indicates that insiders had negative news and they were selling before the news broke. That shows up very differently.

Did you read it though? Your article says and I quote,

Not All Delivery Is Bullish:
Sometimes, delivery is high because smart money is exiting quietly.

Exactly my point.

Furthermore and I quote,

Of course, delivery by itself isn’t enough. You need to combine it with:

  • Price action (is the stock rising with high delivery?)
  • News or announcements (results, dividends, M&A)
  • Volume spikes (are we seeing unusual activity?)

This makes delivery a contextual clue, not a standalone signal.

That’s exactly what I said before:

If you combine the delivery % with “News/announcement” as suggested in your article, it paints a picture, if you’re willing to see things against your existing POV.

So we are looking at edges and ignoring the core of article :slight_smile:

Either way, if you are saying that this can mean anything, than I agree with you, There is nothing for SEBI to investigate at this data point by itself suggest nothing :slight_smile:

So we both are in agreement that there is nothing for SEBI to investigate by just looking at this number.

The article does have a buy side bias. But even it acknowledges that the delivery % could mean other things, which you just laughed at, not even wanting to consider. You’re the one who willingly ignored the other side of the same coin.

As written in the article and as I’ve said in the previous post, the data should be combined with other data. If the delivery % is combined with

  • negative news (not public information)
  • price action (after news was made public)

as written in your article, it paints a very different picture than being nothing, which is the point of the original poster. Not that I expect SEBI to investigate properly or even if they find anything, neither do I expect anything to happen in this corrupt system anyway.

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