Something quite interesting is happening with Yes Bank. If you look at the historical volume of Yes Bank share prices, you can witness a strong increase in the turnover activity from last couple of months. The average Trading volume of Yes Bank (based on historical data) is somewhere closer to 50 – 60 Million a […]
Yes Bank Price Action – Accumulation Failure of Institutional Players Read More »
From Mid-march, Stock price of Shriram Transport finance traded in sideways without any significant movement. But in recent days, Price action broke through an important support zone at 1190 – 1200. The so-called Breakout coincided with rising volume, indicating that selling pressure has built up and stock prices might fall into grip of bears. Although
Fan of Breakout trading? Keep an eye on Shriram Transport Finance Read More »
Sometimes Human mind is so biased that it misses the big picture and simply focuses on the unimportant minor details. That’s the case with Nifty 50, as the Index prices are falling from last couple of days, most of the traders and analysts are paying too much attention to these minor fluctuations. Many have ignored
Nifty 50 – Outlook on the Price Action setup and Trapped Market Participants Read More »
Most of the financial sector stocks experienced good movement in the last few weeks. Specifically the major components of Bank nifty such as HDFC Bank, ICICI Bank witnessed drastic rally of their share prices. But one of the most anticipated stocks – Yes bank, failed to impress investors. Despite attractive valuation and reasonable earnings, the
Interesting Price Action in Yes Bank – Focus on the Breakout Formation Read More »
Sometimes it’s better to ignore the volatile fluctuations and noises in lower time frame and pay attention to market activity on higher time frame charts, especially when trading market trends. The guideline will prove very much useful when the stock under consideration is from a high beta sector such as Energy, Metals, and Pharma etc.
IOC – Focus on the Price Action Trend in Daily Chart Read More »