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.
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 …
It is a best idea to use stochastics along with other tools even though you are using the best stochastic settings for swing trading. It is advisable to not solely rely on them for trading signals. Stochastic Oscillator is a momentum indicator. It has an important role in technical analysis …
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 …
Nifty has been consolidating in a broad range of 10000-10500. In the last few weeks we saw sharp moves in Nifty. When it showed signs of breaking down, it sharply reversed its trend and hit new highs. After hitting new highs,it drifted sharply lower scaring the traders.It kept on surprising …
Nifty index has been maintaining a strong up trend. It is at its all time highs. Recently, it has broken above a rising trend line. Looking at the daily candlestick chart for Nifty, it appears preparing for more upmove. It may head towards 10730 level in coming days. For that, …
