Page 6 - Chart Reading

TCS, Infosys: Positive Q3 results may trigger next leg of rally in IT stks

In a departure from past trend, analysts believe that Indian IT companies may post a strong performance for the third quarter of FY21 (Q3FY21)

Different chart types used in technical analysis and how to read them

The three basic charts are: Line charts, Bar charts, and candlestick charts

ONGC, Asian Paints: Bull sentiment intact in oil-linked stocks, charts show

Shares of Oil and Natural Gas Corporation (ONGC) rose as much as 4.6 per cent to hit an intra-day high of Rs 99.35 apiece on the BSE, while those of GAIL and BPCL gained up to 3.5 per cent

Gold prices climb to 8-week high; is it time to invest in gold financiers?

The trend in Muthoot Finance's stock looks promising as it is trading well above the 200-days moving average (DMA) placed at Rs 1,059 levels

BEML, RCF: Divestment may trigger a breakout in PSU stocks, charts show

If the Nifty PSE Index sustains above 2,800 levels on the closing basis, it may see a rally towards 3,100 levels

Stock market outlook: Bull run to continue in 2021; Nifty may hit 15,000

If the current bull sentiment remains intact, the Sensex may scale 51,000 while the Nifty50 may hit 15,000 in 2021

Technical indicators that can help traders navigate volatility

Volatility may trigger stop loss and show certain unexpected moves. Such a scenario disrupts trading morale, leaving traders anxious.

Three technical indicators that will help you make timely exit from a stock

Death Cross, Gap-down closing and RSI Divergence are significant indicators of trend reversal

Here're the top technical analysis mistakes traders must avoid at all costs

Once traders get a hold of technical analysis, their behaviour tends to become exaggerated.

Here's why pivot points are a must for any profitable trading model

The basic idea is to determine the crucial levels that might trigger major moves in the stock.

All you wanted to know about channel patterns

Moving averages have a great role in the channel breakout

Here's your guide to trading with the Ichimoku cloud indicator

The change in colour, sometimes exhibits a shift in trend as well as sentiment

Adani Port, Hero Moto: 86 stocks from Nifty500 can see over 10% upside

Mahindra & Mahindra, Page Industries, TVS Motor Company, and Wockhardt are among the noticeable names that are exhibiting trend reversal.

Here's how to read and use the standard deviation indicator in trading

When it comes to choosing a risky investment, market participants opt for stocks with higher standard deviation that provides volatility, which can be used for quick profits.

All you wanted to know about the Average Directional Index in trading

ADX ascertains a bullish trend on a bigger time frame more accurately, particularly when the price is about to scale the 25 value.

Here's why moving averages are a must for your trading model

Intra-day traders consider lower averages such as 9-DMA, 13-DMA, 20-DMA as this helps traders with swing trades wherein they want to capture profits on the day-to-day basis while mitigating risk.

How to identify and trade the Triple Top reversal pattern?

A confirmed breakdown reflects upcoming selling pressure when significant levels are expected to get broken. Even investors look for early exits.

Here's how you can tell if a stock is under consolidation

Unless there is a breakout with definite consecutive closes, one should not be too quick to 'confirm' a trend. It is very essential to ascertain a trend; sometimes, having a dull scenario on the chart

Here's how to gauge support and resistance reversals for consistent profits

A number of market participants trade only on the basis of support and resistance zones. This seems risky, but over the years, this theory has proven to be a reliable trading model.

Must-know chart patterns for intra-day traders

Chart patterns help one identify potential moves with the help of key support levels and certain predefined patterns.