duagautam16

CAUTION!!! Do not Jump on dip. High Volume!

NSE:ADANIGREEN   ADANI GREEN ENERGY
Adani Green has given a tremendous return and it has very less free float in the market. Mostly it hit circuits and there has been an increase in volume of 45M on a particular day. Since the stock is so high that I am assuming that strong hands have exited. KINDLY DO YOUR OWN DILIGIENCE.

Comments

High volume with green candle right , how does that mean exit , pls explain
+1 Reply
balacc devarajaraju
+1 Reply
duagautam16 devarajaraju
@devarajaraju colour of the volume doesn't matter if the closing price of the day is higher than previous closing price. Also u can see that the price after the volume is down 10 percent. It might be some buying as there is always a buyer for a seller but now it indicates that big hands/strong hands are out.
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devarajaraju duagautam16
@duagautam16, thank you
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