Submitted by admin on Mon, 10/17/2016 - 21:43
NSE and BSE announces ‘Muhurat' trading session on Diwali October 30.
Submitted by admin on Wed, 10/12/2016 - 23:03
I often get emails asking how to pick stocks for trading and when I ask them about current trading system they show moving average crossover system, MACD crossover system, ADX or RSI. Trading using a single indicator on a single time frame is very risky as the market is very dynamic and complex. Trend following indicators are profitable when market is moving in a particular direction but it will lead to whipsaws in range bound market. Oscillators are profitable in range bound market but gives early exit signal if market trends in a particular direction.
Submitted by admin on Thu, 11/05/2015 - 22:10
It is very difficult to trade the uncertainty of election results. Below is the brief snapshot of market behavior on election results which were held in last 5 years.
Major elections held in last 5 years:
Submitted by admin on Mon, 11/02/2015 - 21:50
After continuous 5 days of loosing days, yesterday (02-Nov-2015) Nifty retraced from days low 7995 and managed to close above 8050. The interesting fact is yesterday Nifty retraced back during the last few minutes of the trading session. Short bounce back is expected for few days.
Candlestick Patterns : Hammer pattern indicates a short term reversal is expected.
Submitted by admin on Sun, 11/01/2015 - 13:22
If you are new to technical analysis then ChartNexus technical analysis software is the best place to start. The basic version of chartnexus is free, one can analyze stocks traded in more that 16 stock exchanges.
Advantages of ChartNexus :