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Technical indicators are mathematical representations of market behavior. They assist you in predicting the future with a fair amount of accuracy. Indicators should be used as a supportive tool along with the other chart analysis methods.
– Moving average is the best in a trend but wont be effective in sideways.
– RSI shows the over bought and oversold zones in a non trending zone.
– Fibonacci retracement gives us opportunity to find the support and resistance levels.
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Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
FEDERAL BANK – BEARISH ENGULFING October 17, 2019
Cummins India – Bearish Engulfing – 24Sep19 September 25, 2019
Day29-Tata Motors DVR – Bearish Piercing – 12Sep19 September 12, 2019
Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
Stock Trading is business, the success depends not just on capital or subscribing advisory services or participating workshops. The factors such as your awareness level about business, Efforts and your contributions, Smartness, Knowledge in analysis and trading instrument, availability of infrastructure and emotional control determine your success.
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Hi,
your answers are well framed and appropriate.