“An astute trader aims to enter the market during quiet times and take profits during wild times.” ― Alexander Elder,
According to J. Welles Wilder, the person who developed the Relative Strength Index, When the stock price and the directional momentum does not match each other, is called as Divergence. There are two types of...
In my earlier posts I have mentioned how do symmetrical pattern work. This time again I am presenting you with one more such opportunity. Till then for our new readers of our blog here is what symmetrical pattern is.
Symmetrical pattern is a continuation pattern. In an upward trend it forms two lower highs and two higher lows. In this pattern it...
It was a very wonderful week last week and the markets have given handsome pullback of 600 points approx from the low point of the week, Remember the low point of the week was established in recent sessions was 10004.55. which we expected just a month ago on 23rd September.
We specifically quoted that nifty may touch 10000https://wp.me/p9xQFa-6a
Maruti Suzuki Made a High of 9468 on 28th August 2018 & low of 6500 on 28th Oct 2018
The stock has been badly hit in the recent downturn. However there are early indication of the stock coming out of woods.
On 28th October we can see a Shooting Star candle formation indicating selling climax and the stock seems to turnaround
*]The Relative Strength Index is...