What is this?

#1
The attached pic is Nagarconst intraday chart. Now we can see that its not crossing the 138 level, i was just trying to figure out the reason...is it because distribution? or something else?

 

pkamalesh

Well-Known Member
#2
The attached pic is Nagarconst intraday chart. Now we can see that its not crossing the 138 level, i was just trying to figure out the reason...is it because distribution? or something else?

Hello, Lemme try helpin u out with this...I guess the chart is a tick chart..A 5 min or atleast 1 min chart would be more clearer to u..Also do enable the volume bars on ur chart..Volume bars would definitely help u see why the movement was flattish...
 
#3
Hello, Lemme try helpin u out with this...I guess the chart is a tick chart..A 5 min or atleast 1 min chart would be more clearer to u..Also do enable the volume bars on ur chart..Volume bars would definitely help u see why the movement was flattish...
Hi pkamlesh,

Thanks for replying to my post. I am sorry to have missed the volume bars in the chart. Here is the 1 minute intraday chart with volumes, I am guessing its the distribution, am i right?

 
Last edited: