Traders should use the Pivot Point in conjunction with other technical indicators to maximize their odds of success.
Participants will be able to hedge more efficiently against market movements resulting from Economic data releases, corporate announcements particularly the financial results announcements or market events taking place in specific time frames.
The usefulness of these indicators tends to be lower during non-trending periods but highly useful during trending periods
OBV or On Balance Volume indicator is used in technical analysis to measure buying and selling pressure.
Time value has one basic characteristic that it is ever depreciating. Meaning comes what may, a part of premium would reduce everyday attributed by the time value decay.
Bullish pennant is a continuation pattern that marks a pause in the movement of a price halfway through a strong uptrend, giving an opportunity to go long and profit from the rest of the price rise.
While we are trading within the range, there generally is a directional impulse, just that it is short lived. That very fact makes the market oscillating. So, to adapt to this first modification is to reduce the time horizon of the trades.
Successful equity investing is about embracing certain resilient rules or principles, says Rahul Jain of Edelweiss.
The Guppy Multiple Moving Average (GMMA) indicator provides an interesting alternative to other popular indicators.
Wedge pattern is characterized by a contracting range in prices coupled with an upward trend in prices which is known as a rising wedge or a downward trend in prices which is known as a falling wedge.
While the certainty closes the door for any positive surprise in the market, it certainly gives an opportunity to create a defense mechanism to deal with its ill effects due to the vary in predictability of the Time Value decay.
The Cup and Handle pattern is a bullish continuation pattern that marks a consolidation period followed by a breakout whereas Inverted Cup and Handle pattern is bearish continuation pattern
The price rate of change indicator (PROC) or simply, rate of change indicator (ROC) is a price based technical oscillator which can be displayed along with price chart.
A rounding top is a chart pattern which is identified by price movements that when graphed form the shape of an upside down "U".
High or positive readings indicate that prices are well above their average, which shows strength. Low or negative readings indicate that prices are well below their average, which shows weakness.
The pattern has the shape of a head and two shoulders. It can act as a reversal or continuation pattern depending on the trend prior to its formation and the type of the Head and Shoulders pattern
An Ascending Triangle is a bullish formation that anticipates an upside breakout whereas Descending Triangle is a bearish formation that anticipates a downside breakout, says Chandan Taparia of Motilal Oswal.
A Triple Top is a bearish reversal pattern and occurs when the price peaks, retraces, rallies to a similar peak, retraces, rallies to a similar high again and then declines again
The Double Top pattern is considered an indicator of an intermediate or long-term reversal in price. It occurs at the top of a prolonged uptrend.
ADX is non-directional; it registers trend strength whether price is trending up or down.
In this episode, Udayan gives his insights on how investors can leverage the data deluge by keeping tabs on the right indicators to make smart bets
Reversal patterns indicates a fight between bulls and bears. It is often signified by large bearish and bullish bars, says Chandan Taparia of Motilal Oswal Securities
Candlestick charts are a visual aid for decision making in stock, currency and commodity trading. Some investors find them more visually appealing than the standard bar charts and the price actions easier to interpret.
Udayan Mukherjee decodes how you can form an effective investment strategy and become a smart investor.
Promoters' decisions on capital allocation, and their ethical framework go a long way in determining how much money investors make