Tag: Technical Analysis
Technical Analysis is the basic thing to do if you want to learn to trade. It provides multiple tools to do a basic research about a stock or broader market indices.
With Technical Analysis,you employ those multiple tools to find the trend in any security, your entry point for the trade,your exit point when you should exit the trade and target prices for the security.
Many technical charts, chart patterns, technical indicators and oscillators are employed to reach at a conclusion. This gives you a specific trading plan which is necessary to minimize your risks in the market and increase the profits from trading.
Technical Analysis gives you the basic insights into the market behavior. This is important part of trading education and to learn how to trade stocks.
The technical chart pattern suggests Hindalco share price target of ₹245 in the short term. The stock is good buy at current market price. Indian stock market has been in a strong uptrend. The stocks which have been languishing have also started gaining strength. The Hindalco share price has …
Indian stock market is in a cheerful mood in the last few weeks. Market indices are hitting new highs. The markets are in a strong uptrend. Certain stocks are also on the rise or are preparing to make fresh upmoves. HCL Tech stock is also giving positive signals. Looking at …
Share market in India holds a promising place for investors. The reason is the huge growth potential seen in the Indian economy and consequently the Indian share market or Indian stock market. Lot of investors, foreign as well as domestic, are betting on the Indian economy. India is expected to …
JSW Steel share prices have seen significant fall from highs in the past few weeks. The stock price is finding a base around 280 – 290 for the last several trading sessions. In this process it has made a consolidation by oscillating around those levels. Last week, it has broken …
Stochastic are leading technical indicators. Even if we use best stochastic settings for swing trading, it is advisable not to solely rely them alone. Leading technical indicators have more probability of going wrong than lagging technical indicators. Stochastic Oscillator is a momentum indicator. It has an important role in …
Nifty has been in consolidation for the last 4-6 weeks. It has given a breakout from that range few days back. After breakout, Nifty is sustaining above the breakout. Breakout was from a Symmetrical Triangle Pattern. It is bullish signal for the Nifty Index. Short term traders can buy …
Dabur share prices are seeing a decent up move. Though stock markets are facing turbulent times, the Dabur share price is looking to move still higher. Past price action of Dabur stock has made an Inverse Head & Shoulders Pattern. It is a bullish chart pattern. That means the stock …
Nifty staged a good up move from 10000 levels in recent past. It closed near 10600 levels on the last trading day of this week. Indian markets are showing good strength as compared to global stock markets. This strength is likely to continue in near future. Looking at the hourly …
Nifty index has been trading in an uprising channel for the last few weeks. It was after steep rise from sub 10000 levels to around 10900 levels in a very short span of time. Last week, Nifty broke this rising channel downwards. The breakdown levels correspond to 10780-10800 levels on …
