Abdul Rafique

Maruti formed Head and shoulder pattern during July 2018. Second shoulder formed with lower neck line indicating a bearish trend. (It turned bearish after right shoulder formation).

Ambuja Cements  formed double bottom between July and October 2018 above 190Second bottom witnessed high volume which show buyers are very strong above 190

Ashok Leyland is in bearish phase since June 2018. It is forming only Lower Top and Lower Bottom since then.Trade Plan:-Shorted below 78 (previous top was 96 which implies target price as 18 rupees lower than

 Marico formed Double Top between August 2018 and January 2019 around Rs. 380 And again it went and made a Triple Top on July 2019 around same price Rs. 380 There is a strong resistance at Rs. 380Trade Pl

It is just my first Dow Theory analysis in which I have identified Tops and Bottoms of Infosys chart. It is in bullish trend and it is moving higher by breaking all previous Higher Tops.

Intraday analysis are based on the current day’s sentiment which hold good the day. Positional analysis methods does not work for intraday due to overnight risks.

Technical indicators are mathematical calculations based on the price, volume, or open interest of a security or contract. It helps to derived support and resistance zone to take buy and sell calls.

GAP Analysis gives clear indication of break outs on either side combined with good volume and some gaps should be discarded when it happens with low volume and side way movement. GAP analysis also helps to figure

Candle sticks give very easy understanding of price movements like open price, close price and highs and lows of the day through which analysis can be done effectively to take short term positions.

Price patterns are early indicators of trend reversal to take buy (long) or sell (short) position as early as possible to maximize the gain. Price movement, direction, volume and no of days are used to determine

Dow theory is the best theory to forecast trend of a market or a stock. Tops and Bottoms derive up trend or down trend. Buy and Sell should take place when clear break out happens above resistance zone and below support zone.

Recalled technical analysis , fundamental analysis, their difference, pros and cons. Also re collected various charts and input data required to do technical analysis and fundamental analysis.

Futures and Options contract provides option to trader to make money with minimal margin amount. Minimal margin is required only to avoid counter party risk. Future contract gives “rights to buy” for a buyer and

Stock trading should be treated as business not gambling. Risk to reward ratio takes preference than the amount of capital required for trade. Because without risk to reward calculation it is sure you will get out

Stock market is place to trade products like shares, bonds, mutual funds, futures and options. Stock exchange provides platform to trade company stocks and other securities.
So, it is the meeting place of the