feel free to call us +919500077790 info@eqsis.com
Golden ratio is observed in a lot of instances naturally. So this ratio is applied to the stock market believing that it also follows the same ratio.
FIbonacci retracement can be done by selecting the recent major high and low on the chart. After this is done a set of line appear with the marking 0%, 38.2%, 50%,61.8% and 100%. The new support or the resistance zone can be expected to be around these line.
The technical indicator supplement the price volume analysis of the trader.
They are a preset algorithms that can predict the price movement.
RSI- Relative strength index.
When the price moves above 30 line then buy.
Moving average is a trending zone technical indicator.
EQSIS, A Stock Market Research Firm
Knowledge is Power. Here you may start from basics, get support while practicing and evolve as active analyst, later you can become a pro
