Your Guide To The Stock Market
Discover systematic trading strategies for intraday, swing, and positional setups.
Many traders think that the market is entirely unpredictable which is not true enough. By applying certain technical techniques one can predict the market trend to some extent. Today’s topic trendline trading is one of the most widely used simple techniques, which comes under the technical analysis part. Plotting trendlines on the price action can … Read more
The stock market is such a vast field where both profit and risk factors are high. There are many traders all around the world who trades in the market professionally in spite of the risk factor. Therefore, day trading for living purposes is not impossible, one has to play smart and watch steps carefully. In … Read more
The whole financial market stands on top of the two pillars, supply, and demand. The entire market moves according to the correlation between supply and demand. During the bullish trend, buyers dominate the market and the opposite happens in the bearish market. The support-resistance level indicates nothing but the relationship between supply and demand. The … Read more
Woodies CCI was introduced by Ken Wood and the system has been named after him. It belongs to the category of momentum indicator. Before focusing on the Woodies CCI, let’s clarify the idea about CCI or Commodity Channel Index. Donald Lambert developed the CCI indicator in 1980. It is a versatile indicator, by using the … Read more
The term “Halloween” always comes with “tricks or treats” in general. In the stock market, based on investor’s behavior the Halloween indicator formed. Sometimes, it refers to the “Sell in May and Go Away” strategy. According to the analysis of Bouman and Jacobsen in 2002, the Halloween indicator effect is strongest in Europe since the … Read more
In technical analysis, convergence and divergence play a significant role. In fact, these patterns can identify potential reversal as well as continuation patterns. Today’s topic is based totally on how to trade Divergence and its various types. Based on the three absolute of the market, price, volume, and time, divergence forms. Both convergence and divergence … Read more
Introduction Glenmark Pharmaceuticals Limited, established in 1977, is a prominent player in the pharmaceutical industry. The company operates globally, catering to over 80 countries, including India, the United States, the EU, Japan, and South America. In this article, we will delve into an analysis of the Glenmark Pharma share price graph to provide insights for … Read more
In our previous article, we discussed the Heikin Ashi chart pattern. Today we will introduce you to Kagi Chart Trading Strategy. Like Heikin Ashi and Candlestick pattern, it was also developed in Japan. There is a slight difference between the traditional chart pattern and the Kagi chart pattern. Unlike traditional charts like the candlestick, bar, … Read more
On our site, we have already discussed some of the most applicable chart patterns like head and shoulder, double top pattern, W-shaped or double bottom pattern, etc. Today’s subject is the Symmetrical Triangle Chart Pattern, also known as “coil” or “Isosceles Triangle” because of its appearance. Before moving on to Symmetrical Triangle Chart Pattern Formation, … Read more
In our previous write-up, we discussed the double-top chart pattern with a current example of Manappuram Finance. Today let’s focus on the rules of the double bottom pattern which is quite important like the double top. These patterns are one of the most commonly found patterns in the stock market. Though there are thousands of patterns … Read more
Today we are going to discuss one of the most common and active chart formations. Along with the fundamental analysis, in-depth technical research is also required to predict price movements and market scenarios. Double top stock chart pattern indicates a reverse trend which appears at the end of the trend. Therefore, it is a bearish … Read more