A to Z of Finance by Alok Daiya
In Technical Analysis, there are a number of classical chart patterns which includes triangle pattern, rectangle patterns, Head and Shoulder, cup and handle, etc. Today, we will discuss 2 strong reversal pattern which hold good in different time frames. Though, …
The Doji is one of the most powerful signals in Candlestick trading which simply indicates that the bulls and the bears are at equilibrium (i.e. a state of indecision). The appearance of it at the end of an extended trend, …
MACD is one of the simplest and most effective momentum indicators which was developed by Gerald Appel in the late seventies. The MACD turns two trend-following indicators, moving averages, into a momentum oscillator by subtracting the longer moving average from …
Relative Strength Index was developed by j. Welles Wilder in the year 1977 and is a momentum based oscillators which measure the speed and change of price movement. The full abbreviation of RSI stands Relative Strength Index or indicator. RSI …
There are large number of reversal candlestick pattern in Technical Analysis. Today, we will discuss some of the most commonly and popularly used bullish and bearish reversal candlestick patterns. Here’s a list of commonly used reversal patterns. Bullish Engulfing Bullish …
Market summary: Indian benchmark index NSE Nifty open marginally lower and after making intraday low of 10254, bounced about 90 points in the last one hour to close at 10321.75. The index is taking support at 20 Day SMA line …
In technical analysis, oscillators are known as momentum indicator. We should keep in our mind that momentum is an indispensable part of a trend. A trend is made up of direction and momentum. A direction might be linear whereas a …