vanathi

Volume and the big game!

NSE:CHENNPETRO   CHENNAI PETRO CP
9
I believe for every problem, there is a solution. This post is the follow up of "Chennai petro - running out of fuel". Big candle with huge volume indicates big players entered the game. If I am a big player, I wont enter a trade without 30 to 40 pts of profit. Big players entered at the price of 320 on Jan 4. And they exit at the price of 360 on Jan 24th. A good technical analyst is smarter than big players. He/she should have entered on 20th Jan at the price 330 and exit on Jan 24th at 355. Hence it is proved that TA is smarter tha big players!

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