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
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
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.
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