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 …
Psychology drives the market. Stock market on a broader view is driven by two psychological factors known as hope or greed and fear. The most interesting aspect is that people want to buy more and more as the price goes …
Most traders consider candlestick charts to be more visually appealing and easy to interpret as compared to traditional bar charts. Moreover, the traders get a quick overview of Open, High, Low and Close data simply by looking at the candle. …
Support and resistance shows key areas where the forces of supply and demand meet. In the financial markets, prices are driven by excessive supply (down) and demand (up). Supply is synonymous with bearish, bears and selling while demand is synonymous …
When there is a price difference between the two consecutive days, high and low, a gap is said to have created in the chart. Gaps are of two types- 1. Positive gaps or Bullish gap 2. Negative gap or Bearish …
Stochastic is basically a combination of statistics and mathematics. It is an oscillator that was developed by George lane. Stochastic is a momentum based indicator which identifies the location of the present closing price relative to its range over a set …
The investment option basically comprises of different combination of asset classes where each of it has its own set of behaviour and have some unique properties. Before we dig deeper into the topic, let’s quickly understand the meaning of asset …
People in young age hardly bother about retirement. We understand that you have young blood and want to fulfill all your dreams and ambitions in life, but have you ever wondered that how you’ll manage when you are no longer …