very good analysis madam, only thing is if u can give us an approximate stop loss it would be good
LearningJoe
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India Nippon price up from 350 on 20 Dec 2021 to 580 today in less than one month 66% rise. It touched 579 on 11 Jan 2022 also. Today volume was 1.22 L shares traded against 8.04 lacs on 11 Jan2022 & 6.19 Lacs on 10 Jan 2022.Therefore, the assertion given above that " Highest volume in 5 years " is not correct. From the red ink on the chart, may be seen that stock is subject to wild swings due to not so good liquidity. Pl be aware of the risks involved.
tanya151181
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@LearningJoe, thanks for your comments - I was talking about weekly volumes not daily.
LearningJoe
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@tanya151181, Thanks madam for reply. We appreciate your TA point of view. Only idea on our part is to create awareness of relevant risks in order to drive to a well balanced informed decision.