For analysing any company based on technicals the parameters of importance for me are Price action, Patterns, Volumes, in that order. If I get patterns clearly based on price actions, then I look at volumes. Usually at the time of breakouts from any kind of consolidations/compressions, volumes should ideally be higher than previous few days average volumes. And on retest of above breakout zones, volumes should be much lower than that at time of breakout.
Regarding bulk deals, operators play etc, these will not be a major factor in most breakouts. Its only in a few situations where bulk deals etc come into play and we have to take call based on that.
The so called operator play is a much maligned word often used to explain flimsy logic. I would be worried in stocks where circuit limits are 2% or 5%, where reading volume play can be a tricky proposition. In highly traded stocks, there will of course be intra day operators doing their stuff. But I dont try to complicate my analysis too much by trying to look at too many variables and even within the few variables that I look at, trying to go too deep into the analysis of the parameter.
Technical analysis ( and for that matter fundamental analysis) is often quite simple. It’s analysts that try to complicate it. Most of the times a stock idea which can be explained within 5-10 minutes with a few sentences write up (whether based on TA or FA or a techno funda picture) tends to work the best.
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