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volume and price

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

  1. trvtrekker

    trvtrekker New Member

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    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
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  2. ilyasmohammed1

    ilyasmohammed1 Member

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    Yes, Technical analysis is based majorly on volume and price.
     
    ilyasmohammed1, Jun 26, 2013
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  3. trvtrekker

    trvtrekker New Member

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    So in your opinion, what is a good price / volume range for scanning stocks?
     
    trvtrekker, Jun 26, 2013
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  4. shabbir

    shabbir Administrator Staff Member

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    I prefer price action of the candlesticks more than volume.
     
    shabbir, Jun 26, 2013
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