Questions have come up on ITC. Why am I bearish on it? Here is a weekly chart of ITC. I have noted a long trading range and a subsequent breakdown
Moving averages are one of the most popular and easy to use tools available to the technical analyst. They smooth a data series and make it easier to spot trends,
1. Good consolidation before the breakout: Good consolidation can come as a tight trading range with well-defined support and resistance,a good consolidation near its high and a bullish pattern is a
Stocks will often pull back or retrace a percentage of the previous move before reversing. These Fibonacci retracements often occur at five levels: 23%, 38.2%, 50%, 61.8% and 78%. After
To check out that how your support and resistance levels are significant or strong, below are the some factors you always keep in mind: 1. Time. The more time a stock