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karthikmarar
Jun 29, 2017 4:45 PM

End of the uptrend or a temporary stall 

KOTAK MAHINDRA BANNSE

Description

An example on how we can use the volume wave. As we can see in June the upthrust were loosing steam and the the stock could not make much headway in spite good volume coming in. In other words the result was not consistent with the effort. Finally we see that supply / selling pressure dominating. A clear indication that we could see some more down side on this stocks. Maybe time to evaluate positions.
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