Manoj

Ambuja Cement, after downward trend, created double bottom pattern with gap of 27 sessions. One can go long if price goes (with high volume) above top created between 2 bottoms. Bottom to be considered as stoploss.

TCS has overall uptrend for last 3 weeks. It has created bearish engulfing pattern, where bearish candle has fully engulfed earlier day bullish candle. Slight increase in trading volume is also witness for last 2

Intraday analysis is different from positional analysis as closing prices makes a difference. It is mandatory to close intraday positions as exchanges settles trade at end of day. One may convert intraday long to

Technical analysis consider historical price and volume data to predict future trend by mathematical calculations. There are many indicators. Moving average keep on using latest data for calculations. RSI is the

Gap is created on candlestick charts when there is a difference in closing price of earlier candle to opening price of next day candle. There are 4 types of gaps viz. area gap, breakout gap, runaway gap and exhaustion gap.

Candlestics are innovated more than a century ago in Japan by a rice trader to understand price movements. Candlesticks gives indication of price movements in terms of O-C-H-L When plotted on chart with different

Dow Theory has limitation as price movements are not considered for analysis. Price patterns takes care of this by tracking price movements. There are different pattern which are created over time. these are

Dow Theory is base of all technical analysis. Line charts are used for Dow Theory One has to look back for at least 2 years of data. It can give trend for 2-3 months. But it has some downsides, as entering a trend

People’s view about potential of company changes share prices. One can choose fundamental analysis for long term investment and technical analysis for shorter term trading. Data required for fundamental analysis

Future and option contract as not settled immediately like spot market. Rather its gets settled on future date at agreed price. Future contract gives rights to buy to buyer and rights to sell to seller. Option

Trading is executed by exchange through brokers. One should enter trading with trade plan. There are different types of trading like day or positional trading. Validity of these orders are accordingly decided. Its

Stock market is like any other market where product get traded or exchange hands. Only difference stock has over other market is the product, i.e. shares of company which get traded. There are 2 major