Adapted from the SMB blog, read original post here. Traders should identify a stock that due to technical and fundamental reasons has traded pretty much in one direction for months. That
Morning Markets: With the U.S. Markets falling on Friday (influenced by a poor jobs report), Asia has opened lower. The SGX suggests an open around 4975, which if it comes
Nikhil asks “do you follow Point and Figure charts also? Did you try this type? what's your experience? with them? Are not they less 'noisy' than normal bar/candlesticks charts?” My
The 20 day moving average may be used as the benchmark to determine if the short term trend is up or down. On Friday, the Nifty rallied to touch the
Well, charts do work. two days ago, I gave the chart for gold. Today, prices have broken out. Remember, that I have given two trades for Gold in real time.