Page 5 - Chart Reading

How to use 52-week high/low levels in trading and bet on a trend

In general, 52-week high represents a resistance level and 52-week low the support levels, and their breach is considered a key development

Dead cat bounce: All you need to know about this golden opportunity

A dead cat bounce suggests that more weakness is likely to emerge in the near term

Five tips for traders to improve their chart-reading skills

The ability to analyse charts not only boosts a trader's morale but also helps one acknowledge the risk involved.

Wish to bet on Dolly Khanna's stocks? Here is how they look on charts

Shares of Nocil and Butterfly Gandhimathi Appliances are seeing buying momentum even in the overbought territory, indicating underlying strength

Five ways active traders can manage their risk for better returns

Knowing all the do's and don'ts of trading in regards to learning process and failures, one needs to be clearly focused on the risk management.

Tata Chem, Alkyl Amines: These chemical stocks may rally another 25%

With the Tata Chemicals' stock continuously witnessing buying momentum in the overbought condition of Relative Strength Index (RSI), the strength remains intact

All you wanted to know about moving averages in stock market trading

Whenever the stock price shows a reversal near the major moving averages, the turnaround is expected to be sharp, and the volumes tend to increase

Sun Pharma, ITC: Bet on these 5 defensive stocks to ride market volatility

With a strong up move on March 1, 2021, the stock of Sun Pharmaceuticals now needs to cross the resistance of Rs 620 mark to see a breakout rally towards Rs 640 and Rs 655 levels

Will Friday's gap-down lead to more losses for Sensex, Nifty going ahead?

The 'Island Reversal' pattern formed by Sensex, Nifty, and Nifty PSU Bank index usually indicates a strong reversal in trend

How to choose the right trading time-frame for superior returns?

From an intraday trade perspective, technical analysts use 5 mins, 10 mins, 15 mins, 30 mins, or 60 mins time frame on charts.

Here is how Keltner Channel helps traders analyse price action

The middle EMA acts as support/resistance level in Keltner Channel

Govt revises price band of air fares; time to buy IndiGo, SpiceJet?

The price hike has attracted the attention of market participants, now the stock needs to cross significant resistance to move ahead.

MRF stock on course to hit Rs 100,000-mark. Is it a good time to buy?

The monthly chart shows a strong bullish sentiment if the stock closes above 95,000 levels

RIL, SBI: These five stocks may lead the Sensex, Nifty rebound, charts show

Only a decisive close below 47,000 may accelerate selling pressure on the S&P BSE Sensex, charts show

Tech view: Sensex may hit 54,000 within next six months, charts show

Sensex has already rallied 94.2 per cent (till Wednesday's closing) from its March low of 25,639

All you wanted to know about the Hammer candlestick formation

The hammer candlestick usually occurs during a downtrend having strong bearish sentiment.

Here is how On Balance Volume indicator helps traders track smart money

In OBV indicator, a positive close candle volume is added cumulatively and negative close volume is subtracted to determine the trend

Chart check: How fertiliser stocks are faring ahead of Q3 nos, Budget 2021

Edelweiss Securities expects earnings momentum in the sector is likely to accelerate in Q3FY21 driven by good start to Rabi along with a healthy cash flow position of farmers

SBI, HDFC Bank: Trading strategies for bank stocks post RBI's GNPA warning

Nifty Bank index may hit record levels of 33,000 if it surpasses the resistance of 32,300

HUL, ITC, Tata Consumer: FMCG sector on verge of breakout; stay invested

ITC stock is struggling to conquer the resistance of Rs 215 to Rs 220 levels. The downside support stays at Rs 200