You buy a stock on Big Volume bar, Still you loss Money.
Is this the case, you don't understand?
Then this is for you.
I have studied and found many times, a big volume bar always push stock price down sooner or later.
Look at below some examples.
[1] HAL
On 9th June,23: Significant Volume bar with 5.8% Price rise
But the then Price did not advance that much.
Instead, price came back where that high volume candle happened.
[2] HAL
16th May,24: Big Volume, Price rise 10%
In next 20 Days, HAL price break the low of that big volume candle
[3] HAL
Same repeating things occur, 14th May,25
[4] ZOMATO
2 Aug,24
Price up 12%, Big Volume candle
But later price break the low of that candle
[5] Electronics Mart
18 June,25
Price up 18%, Big Volume candle
But later price break the low of that candle
So how to find the right Entry for such scenario?
I will share the Strategy if this post get 1K Like and 500 Bookmark.
#zomato #hal #electronicsmart #volumestrategy #bigbarcandle #technicalanalysis #chartreading #