Page 7 - Chart Reading

Is it just a retracement or a reversal? Here's how to tell the difference

One needs to build a separate trading model to identify retracement and reversal

Here's how to use Golden Ratio and Fibonacci sequence in trading

The golden ratio is typically translated into three percentages: 38.2 per cent, 50 per cent, and 61.8 per cent, which are considered key retracement levels for a stock or an index.

Here's why Three Black Crows are an ominous sign for the stock market

This pattern signals a bearish sentiment and one should be cautious once this pattern is visible on the charts.

National Education Policy 2020 unveiled. Time to buy related stocks?

Navneet Education's stock is set for a breakout above Rs 85. Check out the trading strategies for the other stocks in the education sector

Three white soldiers can help you make money in the stock market

This is viewed as an extremely bullish pattern as continuous three positive closes indicate the beginning of a strong buying

ITC, HDFC Bank, and 62 other stocks face stiff resistance at 200-DMA

The 200-DMA is acting as a major hurdle for major stocks like ACC Ltd, Adani Ports, and Asian Paints, among others

Bajaj Finance, Manappuram: How to trade NBFC stocks in a volatile market?

Over the past few sessions, most NBFC stocks have gained ground. Here are the key levels to watch in select counters basis their technical chart pattern

Bandhan Bank, Bajaj Auto, PVR: Trading strategies for news-driven stocks

Rising channel patterns, stability above 200-DMA are some of the indicators that suggest further upside.

RCF, Chambal Fertilizers, GNFC: Charts suggest upside for fertiliser stocks

Fertiliser sales surged by almost 98 per cent year on year in May 2020, according to government data

All you wanted to know about the ADX indicator

ADX has a strong significance from a long-term perspective. However, recent years have seen traders using it for a short-to-medium term perspective.

ITC, Sun TV, Coal India: Here's how to trade result-driven stocks

Most stocks need to conquer their 200-DMA for the next surge.

Infosys, Wipro, TCS: Should you sell IT stocks as Trump blocks H1B visa?

The Nifty IT index now needs to scale above its 200-DMA placed at 14,888 to embark on a new trend

Gravestone, Dragonfly: Use Doji Candlestick patterns to maximise profits

Better the confirmation, stronger the view. It is wise to wait for the next session to give an appropriate confirmation. A green close suggests upward rally and a red close indicates weakness.

Vaibhav Global, Caplin Point: 5 midcap stocks that can rise 10% from here

Midcap stocks are showing a healthy momentum. Select stocks are set to rise even more. Here are a few that look good on the technical charts and can move up by 10% in the coming sessions

Is a deeper market correction on cards? Here's what technical charts say

Pharma stocks provide a good hedge as the markets slip from recent highs. For the Sensex, 32,400 level remains key

Here's how you can identify and avoid 'bull traps' while trading

Once the stock breaks out, wait for the rally to sustain with decent volumes. Volatility in volume structure reflects uncertainty and indecision. It is better to hold nerves and let the price settle.

UltraTech, ACC: More steam left in cement stks as follow-up buying resumes

A follow-up buying may induce stronger momentum trapping short-sellers

DLF, Godrej Properties: Use dips to buy realty stocks for the long term

Real estate stocks were in limelight on Thursday, after Union Minister of Commerce & Industry asked developers to cut prices and sell inventory rather than wait for the market to bounce back

ITC, HDFC, Airtel, Avenue Supermarts: Trading strategies for stocks in news

Here is how you can trade in these news-driven counters and maximise your gain

Are IndiGo, SpiceJet and IRCTC a good contrarian bet? What charts say

As the nation-wide lockdown enters its fourth phase, albeit with some relaxations, air and rail travel continues to be suspended. Most of the related stocks in these two sectors have taken a hit