Technical Analysis class1 1Technical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories.
X-indicator
Technical TradingIn trading, "technical" refers to the practice of analyzing historical price and volume data to identify patterns and predict future price movements. This approach, called technical analysis, is a way to evaluate securities and forecast their behavior based on charts and statistical data.
Candlestick PatternCandlestick patterns are a visual representation of price movements in financial markets, used in technical analysis to identify potential future price movements. Each candlestick represents price action (open, high, low, close) over a specific period, and the combination of these candlesticks forms patterns that can suggest market sentiment and potential trends.
How to Trade ?Open a Demat account. The first step is to open a Demat account, which serves as a digital repository for your stocks. ...
Understand stock terms. ...
Bids and asks. ...
Fundamental and technical knowledge of stocks. ...
Learn to set stop loss orders. ...
Seek expert advice. ...
Start with safer stocks.
Option and Database TradingAn option chain has several key characteristics that provide valuable information to traders:
Underlying asset. The first element to consider is the underlying asset itself. ...
Expiration dates. ...
Strike prices. ...
Option type. ...
Option symbols. ...
Bid and ask prices. ...
Volume and open interest. ...
In-The-Money (ITM)
RSI (Relative Strength Index)The Relative Strength Index (RSI) is a technical indicator used in financial markets to measure the speed and magnitude of price changes, typically used to identify overbought or oversold conditions. It oscillates between 0 and 100, with readings above 70 often suggesting an asset is overbought and below 30 suggesting it's oversold
Meaning of Management and PsychologyManagement and psychology, when combined, form a field known as managerial psychology or management psychology. It is a sub-discipline of industrial and organizational psychology that focuses on understanding and improving human behavior within organizations to enhance efficiency and performance. Essentially, it's about using psychological principles to improve management practices and create a more positive and productive work environment.
Technical Analysis Technical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories.
Database TradingIn trading, "database" refers to the collection and organization of market data, used for analysis and decision-making. This data, often including real-time quotes, historical prices, and other relevant information, is stored and managed within a database system for efficient retrieval and manipulation.
Advanced Database TradingIn trading, "database" refers to the collection and organization of market data, used for analysis and decision-making. This data, often including real-time quotes, historical prices, and other relevant information, is stored and managed within a database system for efficient retrieval and manipulation.
Technical TradingTechnical trading is a broader style that is not necessarily limited to trading. Generally, a technician uses historical patterns of trading data to predict what might happen to stocks in the future. This is the same method practiced by economists and meteorologists: looking to the past for insight into the future.
RSI ( Relative Strength Index)The Relative Strength Index (RSI) is a momentum oscillator used in technical analysis to measure the speed and change of price movements of an asset. It oscillates between 0 and 100 and is often used to identify potential overbought or oversold conditions. An RSI reading above 70 is generally considered overbought, while a reading below 30 suggests oversold conditions
Database Trading Part 3Trading data is a sub-category of financial market data. It provides real-time information about stock and market prices as well as historical trends for assets such as equities, fixed-income products, currencies and derivatives. Trading data also includes information about trades historically and over the course of a trading day, such as the latest bid, asking price and time of the last trade.
Candlesticks PatternCandlestick patterns are visual representations of price movements, used in technical analysis to understand and potentially predict future price trends. They are graphical representations of the opening, high, low, and closing prices of a security, currency, or commodity over a specific period. These patterns can offer insights into market sentiment and potential reversals or continuations of trends.
Swing Trading AnalysisSwing trading is a strategy that involves capitalising on the short-term price movements of stocks or other securities, focusing particularly on those with high activity and significant price fluctuations. This approach can be broken down into a few key steps: Selecting a Suitable Stock.
Option Chain AnalysisTo study an option chain, focus on the current market price, displayed in the centre. Analyse the built-up data to understand market direction based on recent changes in open interest and price. ITM call options are typically highlighted in yellow, making it easier to distinguish them from other options.