#What is Stock weightage on an index ? --> Stock weightage on an index is the relative importance of a particular stock in the index. It is calculated by dividing the market capitalization of the stock by the total market capitalization of all the stocks in the index. -->The weightage of a stock in an index is important because it determines how much the stock...
Hello Traders! 1. Today, we will discuss the basic market movement structure, elliotically . A recent comment on one of my ideas published pointed (indirectly) towards the need for a basic understanding of Elliot Waves for the general trading public. 2. The market moves in consistent impulsive and corrective structures . Waves 1, 2, 3, 4, and 5 together form...
Be it RSI, MACD or any oscillator this is how you need to identify the Pattern with its strength What you see above is Bullish Divergence ... With this understand how a bearish divergence will be. Train Your eyes... then train you mind..
This pattern provides a good success rate. Entire trade strategy is explained in the chart with markings of levels. Note: This is the trade we have taken in past, and not a recommendation of future trades. This is just for knowledge sharing on technical analysis and chart patterns. We are sharing the previous trades as Learn and Earn initiative for free...
trendline trade examplke
1. Spot the breakout 2. wait for the retest 3. find an indication (read: divergence) that suggests prices to fall (in this case) 4. enter a trade with proper risk managment Stay safe, learn before you can take positions! Do not just blindly follow anyone. "Be a student & not a follower!"