Friday, September 23, 2011

Relation of Price and Volume : Part 2

Price stopped rising but volume remain strong : Bhaiya(s) and Aapu(s), Salam. Have you ever seen in our market that after a bull run, price stopped rising but the volume remain strong. Can't remember?

Okey, we need not to go faraway. Just watch the recent bull run. I've uploaded a chart of our DSEGEN INDEX. Pls. watch it first. Just watch the price and volume action from July 24, 2011 to July 28, 2011 (I've marked it). Average volume was more than 1700 crore per day!!!

Now, try to realize what happened in those days? I know, you already understood it. The strong hand offloaded the shares to the week hand. by JC

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