MOVING AVERAGE

MOVING AVERAGE : The moving average is perceived to be the dividing line between a stock that is technically healthy and one that is not. Furthermore, the percentage of stocks above the moving average helps determine the overall health of the market. Many market traders also use moving averages to determine profitable entry and exit points into specific securities. MOVING Average gives … Continue reading MOVING AVERAGE

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DOUBLE TOP BEARISH

  DOUBLE TOP Double top is a chart pattern with two swing highs very close in price. There are very few requirements to classify a chart pattern as a double top: Two peaks that are near equal in price Equal distance in terms of time between highs Volume decreases on the second top Double tops have an … Continue reading DOUBLE TOP BEARISH

INVERTED HEAD AND SHOULDERS (Bullish)

  INVERTED HEAD AND SHOULDERS (Bullish)   The Head and shoulders formation occurs when a market trend is in the process of reversal either from a bullish or bearish trend; a characteristic pattern takes shape and is recognized as reversal formation. It’s mainly a specific chart pattern which predicts a bullish-to-bearish trend reversal. It is considered as most reliable pattern. It … Continue reading INVERTED HEAD AND SHOULDERS (Bullish)

DOJI

DOJI (TECHNICAL ANALYSIS)   Candle Stick just suggests what happened till now from buying side, selling side and volume. Doji is same as market tends to go neither side, neither buyer’s favour nor seller’s side. It’s a state of confusion for everyone, who are participating in market. So, buyers wait for seller’s bias and seller … Continue reading DOJI

DOJI

  DOJI (TECHNICAL ANALYSIS)   Candle Stick just suggests what happened till now from buying side, selling side and volume. Doji is same as market tends to go neither side, neither buyer’s favour nor seller’s side. It’s a state of confusion for everyone, who are participating in market. So, buyers wait for seller’s bias and … Continue reading DOJI

MAKAR SANKRANTI(Uttarayan)

  The significance of Makar Sankranti (Uttarayan) Unlike other festivals which follow the lunar motion, Makar Sankranti follows the movement of the sun. It marks the beginning of the sun's transition into the zodiac of Capricorn (Makar=Capricorn, Sankranti= transition). It is a festive day all over India. As Uttarayan is round the corner, and we see a … Continue reading MAKAR SANKRANTI(Uttarayan)

SPINNING TOP (TECHNICAL ANALYSIS)

SPINNING TOP (BEARISH/BULLISH)   Spinning top is same like Doji but have few differences. Spinning top has body. Body means level from where price opened and where it closed in a full candle. In spinning top case, the price does not move far from the open price. There is no trending move. This is expressed … Continue reading SPINNING TOP (TECHNICAL ANALYSIS)