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Regression

Regression Channel Linear Regression Line: The line that fits all the data points, in stocks is considered the line where the majority of the price action is distributed. " R Square" value It deviates in the range of 0 to 1, the closer the value to 1, the better it is It defines the Best fit of data. Upper Channel Line: A line that runs parallel to the Linear Regression Line and is usually one or two standard deviations above the Linear Regression Line. Lower Channel Line: This line runs parallel to the Linear Regression Line and is usually one or two standard deviations below the Linear Regression Line. The upper and lower channel lines contain between themselves either 68% of all prices (if 1 standard deviation is used) or 95% of all prices (if 2 standard deviations are used). When prices break outside of the channels, either: Buy or sell opportunities are present. Or the prior trend could be ending. Linear Regression Channel Possible Buy Signal When the price falls below the lower channel line, and a trader expects a continuation of the trend, then a trader might consider it as a buy signal. Linear Regression Channel Possible Sell Signal Selling opportunity lying might occur when prices break above the upper channel line, but a continuation of the trend is expected by the trader. Trend Reversals When a price closes outside of the Linear Regression Channel for periods, this is often interpreted as an early signal that the past price trend may be breaking and a significant reversal might be near.
NSE:NIFTY1!Education
by OK_Rane
IndusInd Bank LongIndusInd Bank is trying to move to its pre Covid-level Price. The Mishap that happened last year shocked the investors due to which a there was a 34% decline in stock from it good bull run. The stock is gaining momentum and is pushing itself to its Intrinsic Value . We can expect the stock to move to a good 1300 - 1400 Level given that the it dosen't get affected much due to the outside news , war etc. There is a Gap between 1186 and 1130 which can help us set our targets. Even though the Gap is a breakaway gap , IndusInd still has a hold in the blue chip area and in the index as well. According to me, First Target - 1050 - 1080 Second Target - 1130 Third target - 1280 Fourth Target - 1380 Stop Loss - 800 Invest Wisely. Abide the stoploss as well. Happy Investing
NSE:INDUSINDBKLong
by Sahil_Narkar
Tata consumer having more potential to go upafter breakout of regression channel tata consumer given a great up side move and agene it consolidating with big candles expecting one more up side moves with good intraday moves chart its self is self-explanatory When price closes outside of the Linear Regression Channel for long periods of time, this is often interpreted as an early signal that the current trend might be ending and a trend reversal might be near. To draw the Linear Regression Channel, simply select the beginning of a trend and stretch the indicator to another point of the trend. The three lines of the Linear Regression Channel will self-adjust depending on the top and bottom of the trend.
NSE:TATACONSUMLong
by RA_Dongre_Ji
1
Price behaviour at certain level in nifty See the price behave in big regression trend, it is for long investors how they catch sight of it. There are always two scenario in the stock as we always see, The first thing is that the three regression trend i have plotted inside the big regression trend, the two regression are in "UP" direction trend and the last one is in "down" direction. So can be possible that it will break the small support and move down Second scenario is that the price is more at its resistance since many days, it could be possible to go for resistance again. Everything is based on what has already occur in the history.
NSE:NIFTY
by ElizaWilson