Introduction to Chart Patterns – III

Introduction to Chart Patterns – III We have covered basic chart patterns in my earlier blog. Kindly visit Chart Patterns – An Introduction and Introduction to Chart Patterns II to have a peep into Head and Shoulders, Double Top and Double Bottom, Triple Tops and Bottoms, Symmetrical Triangle, Ascending Triangle, Descending Triangle and Cup withRead More

Introduction to Chart Patterns – II

Introduction to Chart Patterns II In my previous blog we had gone through chart patterns like Head and Shoulders, Double Top and Double Bottom, Triple Tops and Bottoms. In this blog we will go through few patterns here: Symmetrical Triangle Ascending Triangle Descending Triangle Cup with Handle Symmetrical Triangle pattern A Symmetrical Triangle generally occursRead More

Chart Patterns – An Introduction

Chart Patterns – Overview In my previous blogs we learned how to read candlesticks (part 1 and part 2). In this blog we will check out some chart patterns. What is a chart? Chart is a collection of candlesticks helping us to know how the stock will perform. Chart patterns helps traders to know theRead More

How to Read Candlesticks: Part 2

How to Read Candlesticks: Part 2 In continuation to my previous blog “How to read candlesticks”, we have seen how to read candlesticks, understanding candlesticks, the shadows of candlesticks and a few patterns. In this blog we will see more patterns of candlesticks. First, let’s cover a few basics from the previous blog. How toRead More

How to Read Candlesticks

Japanese Candlesticks are very popular in Indian markets. They are similar to ordinary bar charts, but it is important to know how to read candlesticks.  Candlesticks provide the body between the opening and closing price How to Read Candlesticks Here are the different types of candlestick formations If the opening price is higher than theRead More

The Five Star Team

The Five Star Team In my earlier blog on January 8, 2013, I have given the overview of Markets ranging from 6300 to 5730. Markets have traded mostly as per mentioned levels. Though markets have broken the much crucial level of 5730 (due the Budget effect Nifty closed on 5693 on 28th February, 2013) but bouncedRead More

2012 Stock Market: A quick look back

2012 Stock Market We all know markets are very unpredictable. In 2012 the Nifty saw a range of  4,588 – 5,919 (graph here). That is about 1,331 points or 29% increase from the years low. Interestingly enough, the years low came on 02/01/2012 on the first day of last year, and the years high wasRead More