Page 10 - Chart Reading

Here's why moving averages are a must for your trading model

Intra-day traders consider lower averages such as 9-DMA, 13-DMA, 20-DMA as this helps traders with swing trades wherein they want to capture profits on the day-to-day basis while mitigating risk.

How to identify and trade the Triple Top reversal pattern?

A confirmed breakdown reflects upcoming selling pressure when significant levels are expected to get broken. Even investors look for early exits.

Here's how you can tell if a stock is under consolidation

Unless there is a breakout with definite consecutive closes, one should not be too quick to 'confirm' a trend. It is very essential to ascertain a trend; sometimes, having a dull scenario on the chart

Here's how to gauge support and resistance reversals for consistent profits

A number of market participants trade only on the basis of support and resistance zones. This seems risky, but over the years, this theory has proven to be a reliable trading model.

Must-know chart patterns for intra-day traders

Chart patterns help one identify potential moves with the help of key support levels and certain predefined patterns.

Is it just a retracement or a reversal? Here's how to tell the difference

One needs to build a separate trading model to identify retracement and reversal

Here's how to use Golden Ratio and Fibonacci sequence in trading

The golden ratio is typically translated into three percentages: 38.2 per cent, 50 per cent, and 61.8 per cent, which are considered key retracement levels for a stock or an index.

Here's why Three Black Crows are an ominous sign for the stock market

This pattern signals a bearish sentiment and one should be cautious once this pattern is visible on the charts.

National Education Policy 2020 unveiled. Time to buy related stocks?

Navneet Education's stock is set for a breakout above Rs 85. Check out the trading strategies for the other stocks in the education sector

Three white soldiers can help you make money in the stock market

This is viewed as an extremely bullish pattern as continuous three positive closes indicate the beginning of a strong buying

ITC, HDFC Bank, and 62 other stocks face stiff resistance at 200-DMA

The 200-DMA is acting as a major hurdle for major stocks like ACC Ltd, Adani Ports, and Asian Paints, among others

Bajaj Finance, Manappuram: How to trade NBFC stocks in a volatile market?

Over the past few sessions, most NBFC stocks have gained ground. Here are the key levels to watch in select counters basis their technical chart pattern

Bandhan Bank, Bajaj Auto, PVR: Trading strategies for news-driven stocks

Rising channel patterns, stability above 200-DMA are some of the indicators that suggest further upside.

RCF, Chambal Fertilizers, GNFC: Charts suggest upside for fertiliser stocks

Fertiliser sales surged by almost 98 per cent year on year in May 2020, according to government data

All you wanted to know about the ADX indicator

ADX has a strong significance from a long-term perspective. However, recent years have seen traders using it for a short-to-medium term perspective.

ITC, Sun TV, Coal India: Here's how to trade result-driven stocks

Most stocks need to conquer their 200-DMA for the next surge.

Infosys, Wipro, TCS: Should you sell IT stocks as Trump blocks H1B visa?

The Nifty IT index now needs to scale above its 200-DMA placed at 14,888 to embark on a new trend

Gravestone, Dragonfly: Use Doji Candlestick patterns to maximise profits

Better the confirmation, stronger the view. It is wise to wait for the next session to give an appropriate confirmation. A green close suggests upward rally and a red close indicates weakness.

Vaibhav Global, Caplin Point: 5 midcap stocks that can rise 10% from here

Midcap stocks are showing a healthy momentum. Select stocks are set to rise even more. Here are a few that look good on the technical charts and can move up by 10% in the coming sessions

Is a deeper market correction on cards? Here's what technical charts say

Pharma stocks provide a good hedge as the markets slip from recent highs. For the Sensex, 32,400 level remains key