Bhaiya(s) and Aapu(s): Asa kori Allah-r rahamotey valo achen? I hope, you've read my previous series of writing regarding Stop-loss. Now, I’ll discuss the RELATION OF PRICE AND VOLUME which is the most important part of chart reading. I’ll try to keep my discussion as short as possible. Because readers are not willing to read big post.
I know, you know very well regarding the Price and Volume. So, I’m not going to give any definition of price and volume. Tarpor-o nijeder-k ektu zaliye nei, ektu vinno vabey. It will also help us to read chart. If SELLER wishes to sell his share, there must be an equal amount of shares which the opposite BUYER is willing to buy, and then only the seller can off load his shares. Basically, volume is a record of the frequency of shares changing ownership. If today’s volume is 50,000 shares, it means there were 50,000 shares were sold to new owner.
What is the intension of Buyers and Sellers? I know, you know the answer very well. Because, sometimes you are a buyer and sometimes you are a seller. Tarpor-o ektu dekhey nei. When a seller sells a share, s/he thought that the price may not go further up and may fall any time. That is why, s/he sells the share. On the contrary, when a buyer buys that share, s/he thought that the price of the share may go up and s/he is able to take risk at certain level.
Amar pachal sesh. One by one, In Shaa Allah, tomorrow we will discuss the Relation of Price and Volume with chart. Sekhaney kono pachal thakbey na. Granted!!! Allah Hafiz. by JC
great job,,,keep it
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