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Trend lines and Channels

Trend line is a line which indicates the trend of the market and it can be drawn crossways between (Minimum 2) two or more points by joining low with a low, or high with a high of the price data either on candle stick chart or on an OHLC chart.…

Support and Resistance

Support and Resistance is the basis of Technical Analysis and it works in all different types of market whether it is an Equity Market, Commodity Market, Currency Market or Bond Market.  The concept of Support & Resistance is easy to understand.…

Charting Techniques

The study and observation of technical analysis begins on chart and there are plenty of charting systems available in today’s market. Selecting the type of chart is one of the most critical decisions for a trader. A trader must be very clear in his objective while selecting the chart as it defines his or her purpose.…

Application of Technical Analysis

Stock charts us a lot about what companies are doing, what they will be doing and what the markets thinks of it all. However, we have to learn how to read the stock charts. At the most basics level, there are some important concepts that should be kept mind:

  • Uptrends are characterized by rising bottoms on the stock chart and can be described as periods of optimism.

Technical Analysis Principles

Technicians say that a markets’s price reflects all relevant informations, so their analysis looks more at “internals” than at “externals” such as news events. Price action also tends to repeat itself because investors collectively tend toward patterned behavior – hence technicians ‘focus on identifiable trends and condition.…

Fundamental Analysis VS Technical Analysis

“The fundamentalist studies the cause of the market movements while the technicians studies the effect” – John Murphy

Technical analysis and fundamental analysis are the two main schools of thought in the financial markets. As mentioned earlier, technical analysis looks at the price movement of a security and used this data to predict its future price movements.…

How to practice technical analysis?

Technical analysis was first used by the Japanese in the eighteenth century to predict the price of rice.They understood that the rice market was influenced by the emotions of the people involved in the transaction and that the representation of the harvest could be quite different from the crop itself.Subsequently, different market analysis tools through graphics have been developed in the United States and Europe to allow the underlying analysis of an asset. …

Technical Analysis Course

MCTA™ (Master Certification in Technical Analysis) course aims create professionals or smart trader who can predict the price movement of commodity/stock and can analyze the risk reward of his capital even in extreme volatile market. You will learn the art of analyzing the charts and how to define stoploss and target, Risk Reward ratio, Intraday trading techniques, BTST/STBT and positional trading.…

Technical Analysis Summary

Technical analysis is based on market action, which is price and volume – and includes open interest too with futures and options.

Charles Dow – “Father of Technical Analysis” 

The markets discount everything, reflecting all there is to know about the price.

Introduction to Charting

Charts are an invaluable tool for technical analyst.  As we know that in technical analysis we should have to read price movement and for studying price we require  charts. Charts is nothing but the price time movement in a graph sheet.…