Transcript
Technical Analysis
The graphic presentation of the data through charts help the investor to find out the trend of the price with out any difficulty
Spots the current trend for buying and selling
Indicates the probable future action of the market by projection.
Shows the past historic movement. Indicates the important areas of support
and resistance
Charts
Providing of Closing prices for a set of particular period.
There is no visual information about the high and low prices and opening prices
Line chart
Represent highest price and lowest prices traded on that day or week
Bar chart
Point and Figure chart
Its based on the neckline the trend can be analyzed.
Head and Shoulders
Symmetrical Ascending Descending
Triangles
It is an oscillator used to identify the inherent technical strength and weakness of particular scrip or market
RSI is calculated for 5,7,9 and 14 days. If time period taken for calculation for more
the possibility of getting wrong signals is reduced.
Reactionary or sustained rise or fall in the price of the scrip is foretold by RSI
Relative strength Index
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