The King's March - Reliance and the Roar of the Chart
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When the King moves with thunder, it’s either the drums of war—or the birth of something legendary.
Every evening, like clockwork, I scan the volume charts—my eyes fixed especially on the Nifty50. These aren’t just numbers; they are whispers of what’s to come. Volume, after all, is the market's heartbeat, and lately, it’s been pounding.
On the 28th and 29th of April 2025, Reliance surged—not just in price, but in sheer force. The trading volume exploded to more than double its 20-day average. When price and volume rise hand in hand, it's rarely a coincidence. That alignment often foreshadows something powerful building beneath the surface.
I have attached the volume scans and daily charts from those two days. Take a look—you might catch a glimpse of the storm gathering.
Volume Scanner 28th April 2025
Volume Scanner29th April 2025
Daily Chart
