So I hope you are enjoying this series a lot, you are learning new topics every day, in fact, the knowledge which people take months or years to acquire, you are getting it all at once, in a series of 21 days.
You are getting to learn all those topics which are very important for you, are important, are very useful in your real life and today there is one such very important topic, which we have talked about many times and that is volume analysis, now remember.
Do this, when we talked about breakout breakdown trading, we talked about a volume that we have to check the volume, we told you that when a candlestick pattern is formed then we have to check the volume, if you are watching the chart and a pattern is being formed on the chart, a breakout is coming or it is a continuation pattern or it is a reversal pattern.
Volume is important all the time when volume is so important then what to look for in volume let’s analyze EC I am telling you what I am going to explain to you you will never forget in life so let’s start now how to look for volume, many times beginners have questions in their mind, so it is important to answer their questions, but we have opened the future chart of Bank Nifty, now here you can see all the indicators which are drawn on the chart. We have already covered, so you are looking at Pivot, Supertrend, you are looking at Volume, so these are the indicators which we have talked about earlier, so I hope you already know about them. When we are talking about Bank Nifty Future then below we see volume in good stocks we see volume if you see HDFC Bank for example you see volume below you see ITC you see volume if you open then we don’t see volume then what to do if you want to go to Nifty or Bank Nifty Future then if you go to Future you will see volume similarly if you trade in Bank Nifty then you can see Bank Nifty Future chart can be opened directly here. So you will write Bank Nifty and you will have 3 options according to different expiries, so there is monthly expiry future in it now we will also learn about futures so now I have clicked on Bank Nifty Future below your volume now the volume is visible we said that whenever you are going to trade a breakout whether it is a breakout of support resistance a simple pivot has been given to explain you so you have to see the volume how high the volume should be let’s talk suppose Virat Kohli had opened let’s talk today Virat Kohli performed very well but who should perform better than his average if Virat Kohli’s average is coming 30 runs his average in every match is 30 runs so if today he scores 50 runs then we will say Virat Kohli played well today but if he scores 15 runs then we will say he did not play well today so with whom are we comparing we are comparing with Virat Kohli’s average similarly when we say that the volume is good we are increasing the volume we have used a measure of volume What is the indicator is taken as soon as you move from below then you will go to the volume settings it will not be visible, when you go to the settings then here you will see the moving average of the volume so we are talking about better than average that the volume is better than its average so here the line will come for you now you have to see only one thing that when the volume is crossing its line means which line of average is the line of volume is better than its average so if it is better than the average then what does it tell us but before that what is this volume, okay so now we understand from the beginning now we will talk now I will show you an example you are trading in a stock first of all it is very important to clear the basics to understand anything it is necessary to clear the basics let’s talk the price of the stock has gone high buyers have dominated now people think it means that the buyers have increased the price of the stock is going up so we feel that the buyers have increased in the market it seems that maybe this has not happened yet do you also feel the same when the price of the stock If the number falls, we feel that the number of sellers in the market has increased, now let me tell you one thing, this is a lie, this does not happen because this is the stock market, if someone is buying something, then someone is also selling at the same time and if someone is selling, then at the same time someone is also buying shares, so in the market both the buyer and the seller are moving together? If someone has bought 100000 shares in the market, then someone has also sold it, then it may happen that a big player came and only one person has 100000 shares, it does not matter, if we have to see the credit quantity,