Posted by
archit on Jan 21st, 2009 in
Technical Analysis |
0 comments
Open 2,868.8501
High 2,869.2000
Low 2,701.7500
Close 2,828.4500
Change -44.5500 (-1.55%)
A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 4 white candles and 6 black candles for a net of 2 black candles. During the past 50 bars, there have been 21 white candles and 29 black candles for a net of 8 black candles. A long lower shadow...
Posted by
vineet on Dec 12th, 2008 in
Technical Analysis |
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There are two common types of approaches while considering investing in a stock investment viz: fundamental analysis and technical analysis. Fundamental analysis, the cornerstone of investing, is a method of evaluating a security by attempting to measure its intrinsic value by examining related economic, financial and other qualitative and quantitative factors. Fundamental analysts attempt to study everything that...
Posted by
archit on Nov 10th, 2008 in
Technical Analysis |
0 comments
Candlestick: - A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 6 white candles and 4 black candles for a net of 2 white candles. During the past 50 bars, there have been 20 white candles and 30 black candles for a net of 10 black candles.
Bollinger Bands are 35.63% wider than normal. The current width of the bands (alone) does not suggest anything...
Posted by
archit on Oct 13th, 2008 in
Technical Analysis |
1 comment
A big black candle occurred. This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices are “high,” it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area (e.g., a moving average, trend line, or price resistance level), the long black candle adds credibility to the resistance. Similarly, if the candle...
These are not ordinary times; and hence one should not apply ordinary theories to make buy and sell decision.
Theory: One should buy panics.
Which panic – Monday panic or Wednesday panic. What are the chances that it may arrest here? Every day – new problems are coming on the surface and it seems the world is in fire fighting mode. This is the first time in financial markets history that the entire world...