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Nikita (SEBI RA)

3rd Nov ยท SEBI-Registered Analyst

Wide Range Bar with High Volume โ€“ Institutional Footprint ๐Ÿ’ผ๐Ÿ“Š

๐Ÿ“Š A Wide Range Bar (WRB) with high volume often signals institutional participation โ€” especially when price closes near the candleโ€™s high or low. โœ… Formation: Candle body is significantly larger than recent candles. Volume is 2ร— or more than the average. Strong close near high (bullish) or low (bearish). โœ… Meaning: Smart money aggressively entering or exiting positions. ๐Ÿ“Œ Example: Stock breaks โ‚น820 resistance with a long bullish candle and volume 2.5ร— average โ†’ Wide Range Bar โ†’ Institutional buying confirmed. ๐Ÿง  Tip: After WRB, price usually consolidates; breakout from that range gives next directional move.

RIIL

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