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Trading based on Volume and Delivery

Discussion in 'Technical Analysis' started by krasquinha, Dec 7, 2012.

  1. krasquinha

    krasquinha Member

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    :scared:Hi All,

    What i have observed is some stocks which are at the support level and closed positive with good volume and if there is a good delivery quantity compare to the last couple of trading sessions these stocks are tend to move up without any market bias. ex: bharti airtel on 15 Nov Closed with 79,15,174 quantity. ( not the percentage of the total traded quantity) .... Please comment....


    Regards,
    Kiran
     
    krasquinha, Dec 7, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    Exactly. When there is lot of buying near the support does mean that support would hold but that does not mean you should be buying into that support zone but once that support zone is confirmed. At least that is what I do
     
    shabbir, Dec 8, 2012
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  3. krasquinha

    krasquinha Member

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    Thanks Shabbir.
     
    krasquinha, Dec 8, 2012
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  4. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, Dec 8, 2012
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