1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

volume and price

Discussion in 'Technical Analysis' started by trvtrekker, Jun 26, 2013.

  1. trvtrekker

    trvtrekker New Member

    Joined:
    Jan 23, 2013
    Messages:
    7
    Likes Received:
    0
    Shabbirji/Friends,

    When scanning for stocks do you use a volume / price range to pick stocks?

    To make myself clear: some people do not trade stocks less than Rs 5 and stocks that trade below a volume of 100,000 k in the past 90 days.

    thanks!
     
    trvtrekker, Jun 26, 2013
    Share #1
  2. ilyasmohammed1

    ilyasmohammed1 Member

    Joined:
    Sep 25, 2012
    Messages:
    16
    Likes Received:
    6
    Yes, Technical analysis is based majorly on volume and price.
     
    ilyasmohammed1, Jun 26, 2013
    Share #2
  3. trvtrekker

    trvtrekker New Member

    Joined:
    Jan 23, 2013
    Messages:
    7
    Likes Received:
    0
    So in your opinion, what is a good price / volume range for scanning stocks?
     
    trvtrekker, Jun 26, 2013
    Share #3
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,702
    Likes Received:
    1,940
    I prefer price action of the candlesticks more than volume.
     
    shabbir, Jun 26, 2013
    Share #4