The supporting tool to identify the Trend it requires the understanding of demand and supply this is not a decision maker
Also it is a readymade analysis they are like reading a report so that we need to learn the indicator first they might work in trending or non trending range it has 2 types
Moving Average and
RSI ( Relative Strength Index )
Moving average used for short term gives the current price above the bullish trend works during the trend and may not work during side ways it works exceptional when the up trending it works as a magnet it works on the concept of equilibrium

  • : The supporting tool to identify the Trend it requires the understanding of demand and supply this is not a decision maker Also it is a readymade analysis they are like reading a report so that we need to learn the indicator first they might work in trending or non trending range it has 2 types Moving Average and RSI ( Relative Strength Index )
  • : Moving average used for short term gives the current price above the bullish trend works during the trend and may not work during side ways it works exceptional when the up trending it works as a magnet it works on the concept of equilibrium
  • : It is a non trending indicator it works exceptional on the side ways it indicates the lot of strength RSI
  • : Since its not taught unable to answer
  • : Since its not taught unable to answer
  • : what is Fibonacci Retracement ???
  • : Also please give detail information on Q-4 & 5
3 Comments
  1. Naresh 3 months ago

    Hi,
    In response to your question

    Fibonacci retracement – The Fibonacci sequence is one of the most famous formulas in mathematics. Each number in the sequence is the sum of the two numbers that precede it. So, the sequence goes: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, and so on. Traders believe the Fibonacci series has its application in stock charts as it identified potential retracement levels. Fibonacci retracements are levels (61.8%, 38.2%, and 23.6%) up to which a stock can possibly retrace before it resumes the original directional move.

    Golden Mean is 1.618 Logic behind the golden mean is the ratio of two consecutive numbers in the Fibonacci series is the same for all the two consecutive numbers.
    Example 1: 21/13=1.618 Example 2: 144/89=1.618

    How to use it while trading stocks
    First, find the recent significant Swing Highs and Swings Lows. For downtrends, click on the Swing High and drag the cursor to the most recent Swing Low. While for uptrends, do the opposite. Click on the Swing Low and drag the cursor to the most recent Swing High. When you apply the tool, the software shows you the retracement levels automatically.

  2. Author

    thank you for your reply sir ! As i see here the number sequence which you gave here is the exact sequence of the Fibonacci retracement or the example you just given me ? Is this the more important topic for analysis ??? and how far its reliable sir ????

    • Naresh 2 months ago

      Fibonacci can provide reliable trade setups, but not without confirmation, so don’t rely on Fibo retracements alone!

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