Page 8 - Chart Reading

All you wanted to know about support and resistance levels

Better the hold on Fibonacci Retracement, Moving Averages and Trednline, the trading bets become more convincing

ICICI Bank, HDFC Bank, SBI: Will Tuesday's recovery in bank stocks sustain?

As the Nifty Bank index shows a negative reversal, the banking stocks are struggling to conquer their respective resistance levels.

RIL, HUL, Tech Mahindra: Here's how to trade these stocks post Q4 results

HUL looks subdued, however, RIL and Tech Mahindra may see a promising rise towards their respective resistances.

United Spirits, Radico, Jagatjit Ind: Strategies for liquor-related stocks

Are stocks from this sector a good trading bet? Here are the key levels you should know regarding frontline stocks from this sector

HDFC Bank, Bharat Forge: How to trade auto, bank stocks in current market

Although Nifty Auto shows tremendous optimism, Nifty Bank may see profit-booking at crucial levels going ahead.

How to use morning and evening stars to make money in stock market

The Morning Star is considered as a positive indicator, whereas Evening Star denotes a negative turnaround.

Indices near resistance levels. Will the markets see profit booking?

Both Sensex and Nifty have seen selling pressure around the Fibonacci retracement levels earlier. The Sensex needs to cross 32,000 mark for the up move to sustain, charts suggest

What is the "Hanging Man" pattern and what is its significance in trading?

This candlestick pattern provides the first sign of weakness and if the price fails to conquer the high of the "Hanging Man", then the weakness may turn into a major bearish trend.

SBI, ICICI Bank: Are financial sector stocks a good bet post RBI measures?

How should you trade the financial sector stocks after the RBI's liquidity measures? Are the banking stocks likely to gain ground in the days ahead? Here is what the charts suggest.

What is the Death Cross pattern and how to make use of it while trading?

Negative convergence may lead to severe selling pressure and the price may stay weak for a month to a year.

PBOC ups stake in HDFC. How to trade HDFC twins at the bourses today?

Shares of Housing Development Finance Corporation (HDFC) tumbled nearly 3 per cent to Rs 1,655 levels on the BSE on Monday morning before recovering some of the lost ground

Cipla, Biocon, Divi's Lab: Pharma stocks to bet on in the current market

Cipla may see profit-booking around Rs 360 to Rs 367 levels, as per the weekly chart.

Chart Check: Key sell signals you should be aware of while trading

While considering a larger outlook, one needs to look at signals wherein the change in trend holds over a month or a quarter.

Voda-Idea, UCO Bank: 10 stocks under Rs 10 that can fall 10% from here

Until there is a major shift in the mood of traders and investors, this segment may continue to show deterioration in value.

Here's why Muthoot Finance, Manappuram look promising among NBFC stocks

Despite the stimulus measures by the government and the Reserve Bank of India (RBI), financial sector stocks, including those of non-bank finance companies (NBFCs) have taken a hard knock

How to identify which time frame suits your trading behaviour?

A trader who looks for short-term gains, hold positions for a week or fortnight.

Maruti, Bajaj Auto, M&M: Trading strategies for auto stocks as sales slide

The trend looks weak below 5,000 levels for the Nifty Auto index. Although the current formation claims consolidation with lower support around 4,600 levels, the trend remains short on upward rallies

Tech view: Should you use the rally in banks post the rate cut to exit?

Nifty PSU Bank index is showing a consolidation in the range of 1,600 to 1,200 levels. On the other hand, 22,000 mark is crucial for Nifty Bank.

What's consolidation in stock market and how it can help you spot breakouts

Whenever a stock shows a consolidation pattern, one needs to wait for the breakout.

How to identify and benefit from trends based on rising and falling volumes

While taking a bigger perspective on the trend, the daily volume chart might not perfectly depict the scenario. The weekly, monthly or year volumes chart facilitate in taking a call on the same