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Unusual Volume in Powergrid

Discussion in 'Technical Analysis' started by kaisarimam96, Dec 23, 2013.

  1. kaisarimam96

    kaisarimam96 Member

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    Dear Shabbir,

    I can see unusual volume in power grid scrip. Its current price is 100 ( approx )
    is it signal of FII / Smart money taking long position in this. Should we go long as stock may go higher and higher.

    Or we can interpret this high volume in some other way.

    Thanks & Regards
    Kaisar Imam
     
    kaisarimam96, Dec 23, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    No I would not go long on this stock
     
    shabbir, Dec 23, 2013
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