10700 - 10750 is crucial for price action. Sustaining this level will push the price towards 10820, 10940 and 11120. Breaking this level will make the price to fall towards 10620, 10480, 10320 and 10280.
It is said "Knowledge is power". We get knowledge from books and experiences. Lets see the list of books which will help you improve your technical knowledge.
1. "Technical Analysis Explained" by Martin J Pring
2. "Japanese candlesticks charting technique" by Steve Nison
3. "Trading for a living" by Alexander Elder
4. "Reading price charts bar by bar " by Al...
Double bottom has formed 26800 - 26840 level. Taking support will push the price towards 26960, 27320 and 27560. Breaking the double bottom will make the price to fall towards 26600, 26220, 26000 and 25740.
Its said "trading is simple, but not easy". Why it is not easy? Because we are making it complicated. Today we will see about the importance of trading plan. A trade with out proper plan is gambling. Before entering a trade you should know when to enter, stop loss, exit and partial profit booking levels. Trading plan is like a road to the destination you want to...