Volume Analysis

Volume is the total number of shares that changed hands in a session. If 100,000 shares of NABIL traded today, the day's volume for NABIL is 100,000 — irrespective of price. Volume measures activity; turnover (volume × average price) measures the rupee value of that activity.

Price moves on high volume are more credible than moves on thin volume. A 5% rally on 3× average volume signals genuine buying interest; the same rally on a quarter of average volume often retraces by the next session. Volume also reveals when institutional money is moving — large blocks concentrated through a few brokers tend to surface as a volume spike.

Volume = quantity of shares traded. Turnover = total rupee value of those trades (quantity × price). A penny-stock can post a huge volume number with modest turnover; a high-priced bank stock can have low volume but high turnover. Both metrics matter, and the Volume Analysis page surfaces them in separate top-list tables so you can read either lens.

For each stock, we count the number of *unique* brokers that appeared on the buyer side vs the seller side of that day's floorsheet. Pressure ratio = unique buyers / unique sellers. > 1.15 = many buyers vs few sellers (distribution by a few big hands); < 0.85 = few buyers vs many sellers (accumulation by a few big hands); otherwise = mixed. It's a structural signal — not predictive on its own, but useful next to a price chart.

Two practical patterns. (1) Unusual volume on a sideways stock — if volume is 2× or more its 30-day average while price barely moves, someone is accumulating before a directional move. (2) Volume confirmation on a breakout — a stock breaking out of a multi-week base on heavy volume has much better odds than one breaking out on average volume. Neither is investment advice; combine with the trade-plan and risk checks on the company detail page.