[MMB W] after buy back news also share value closed in deep red so it is not a positive news and it will fell till 150 to 140 to...

Buybacks are generally seen as positive, but if the market reacts negatively, it suggests deeper underlying concerns or that the buyback price is not attractive enough.

If the stock continues to fall, it could indicate a lack of confidence despite the buyback announcement. Traders might look for shorting opportunities or avoid fresh long positions.

For Indian markets, this story mainly matters for the broad_market pocket. The current signal is bearish, so traders should watch whether the effect spreads across the sector or stays limited to a single name.

Watch whether the market validates this read through price action, volume, and breadth. If the headline matters, the signal should show up in execution, not just in commentary.

• •Wipro's share value closed in deep red after buyback news.
• •The user believes this is not positive news and predicts a fall to 150-140.
• •Risk flag: Retail investor sentiment can be volatile and not always indicative of fundamental value.
• •Risk flag: Market reaction to buyback news can be complex.