There are many types of trends in the market such as, *Uptrend– When the price moves up overall (with a little downward movement while going up), higher highs and higher lows are formed in an uptrend. *Downtrend– When the price…
Support and Resistance: * When the price approaches an important level from below it is called Resistance. * When the price approaches an important level from above it is called Support. * When resistance is broken with power it becomes…
Market Structure: In trading, market structure refers to the overall framework of price movements on a chart, helping traders understand trends, key levels, and potential future price movements. It consists of several key elements: * Trends (Directional Movement) Types of…
1. What are red and green candlestick patterns? Red and green candlestick patterns are used in technical analysis to represent price movements in financial markets, particularly in stocks, forex, and cryptocurrencies. Green Candlestick (Bullish Candle): Indicates that the closing price…
Following are the Candlestick Pattern with Images. 1. What is the Piercing line? A piercing pattern is a two-day candlestick formation that signals a potential short-term reversal from a downtrend to an uptrend. It consists of a first-day candlestick that…
1. What is a Candlestick Chart? A candlestick chart shows a stock’s price movement over a certain period. This type of chart is used by traders because they are easy to read and understand. 2. What are the components of…
Below are the Nifty Sector Companies. 1. Automobile Industry Security Name & Weightage (%) Bajaj Auto Ltd 0.55 Hero MotoCorp Ltd 0.46 Eicher Motors Ltd. 0.58 Mahindra & Mahindra Ltd 1.69 Maruti Suzuki India Ltd 1.52 Tata Motors Ltd 1.04…
1. What is Nifty50? The Nifty 50 is a broad-based index that represents various sectors of the Indian economy such as banking, financial services, energy, information technology, and manufacturing, among others. Nifty50 is a stock market index comprising the 50…
Introduction To Trading in the Stock Market: Trading means buying and selling financial assets such as Stocks. A stock market or Share market is where people buy and sell stocks. Types of Trades in the Stock Market: Intraday trading means…
Buddha Purnima is a sacred day when we honor the life and teachings of Siddharth Gautam the Buddha. he was born in Lumbini Nepal he renounced his royal life to seek enlightenment ultimately attaining it under the Bodhi tree in…