Being able to identify the signals for price trends in #market is a key component of any #trading strategy, and using Technical Analysis is a popular way to do so.
Here’s a thread on Technical Analysis and how to use it effectively.
#Market Analysis is broadly categorized into two main methods.
~Fundamental Analysis
~Technical Analysis
Fundamental analysts need to look at the financial statements, business model, management & many more things to come up with a fair estimate of a company's value.
On the contrary, technical analysis is not at all concerned with the detailed study of #Fundamental factors.
For technical analysts #Price is supreme and they see price as a manifestation of every #Fundamental reality.
Hence, technical analysts focus on two main aspects of the #market-
~Price-over-time
~Volume
The entire discipline of technical analysis is based on these two data points. All patterns, indicators, concepts are derived from these two basic data points.
The technical analysis involves forecasting future #Price movements which are based on examination of past price movements.
Helping #investors to anticipate what is likely to happen over time using a variety of different kinds of charts that show prices over time.
But for maintaining consistency in technical analysis, it’s important to learn and understand #trading patterns, trading tactics, trading psychology and #MONEY-making techniques.
Here are a few webinars that will help you to make informed decisions.
This webinar by @premalparekh will equip you with the process of identifying #stocks that has the highest chance of #success. On completion, you will be able to analyse stocks with ease & build conviction for scaling up with #Trends.
Vijay Thakkar - @VijayThk discusses the importance of Support & resistance with the help of #riskmanagement. This #webinar will give you the simple idea & logic to find opportunities by doing simple price action in the chart.
#Traders often look at divergences in #momentum to spot reversals, some work and some don't, making the trader confused. @SubhadipNandy16 will show you to look at divergences on three dimensions: momentum, volume & volatility and filter it.
In this #webinar by Thoviti Brahmachary - @brahmachary you will get a clear understanding of the buy high rule and the benefits of that. This particular session gives an in-depth technique to find #opportunities in all time frames.
This webinar by @vivbajaj gets into depth to judge the #market sentiment associated with the stock price and delivery and gives a 360 perspective to a retail #investor about what goes inside a stock movement and how to make a profit out of it.
#Trading Pullbacks can be a very tricky affair. In this webinar by Amit Seth - @MaverickAmit01 you will be looking at a rule-based method to trade Pullbacks by combining Price Action with ADX and RSI to increase the probability of success.
This webinar on Candlestick patterns and implementation by @nsfidai will help those who are battling with #markets as well as those who would want to start their journey to understand & value their time/efforts in more peaceful & profitable ways.
The objective of this #webinar on RSI by @VishalMalkan is to help you learn advanced and unconventional yet simple ways to use RSI & BB for volatility-based #trading and contra trading.
The above #webinars are micro models of learning covering different aspects of Technical Analysis, but If you want to dive deeper into the subject here's a comprehensive #Course to master all aspects of Technical Analysis in one place.
The Technical Analysis course by Abhijit Paul - @alphabhijit will give you powerful insights on profitable technical patterns & strategies supported by statistical analysis of #markets, as well as the psychology of a successful trader.
From rejecting a seven-figure job to building India’s largest platform for financial education,
Here’s the story behind my entrepreneurial journey so far.
I graduated from IIM Indore in 2008 and got placed in JP Morgan. Having a zeal to do something in the #education sector, I didn't take that #job, to start up a new venture of my own.
During that time CAT went online. I started my own venture- FireUp, an e-learning portal for training for #management entrance examinations.
Jab bhi investment ki baat ho, we Indians always seek #Advice from ‘experts’ around us.
"Bata yaar kis stock mein invest karoon?"
"Reliance kaisa lag raha hai?"
"Chart kya bolta hai?"
We created STOCKEDGE CLUB to make these discussions easy, reliable & fun!
💡Here’s why-
🤗To make you self-dependent
The expert can be our friend, that uncle or celebrity investor on TV or social media sharing #Tips.
We trust them. But there is no #Accountability. And no one explains us WHY.
We did few things in StockEdge Club to solve this.
💡Here’s what-
📈24/7 Technical Analyst
Our #SEBI registered team of analysts will help you decode the price movement in any underlying and #guide you at every step of your trading #decision.
Post-retirement, a steady flow of income is highly desirable. The money received upon retirement needs to be handled well.
In this short thread, I’ll try and answer some of such investment avenues for senior citizens.
1. To manage taxes well, you should diversify the savings in short and long term plans. As a senior citizen, you get an exemption from taxes above ₹3 lakh income.
Your objective is to give better return than bank rates & get a steady flow of income.
2. Investing in equity is risky but beats inflation and as a senior citizen, you’d like to maintain your lifestyle.
So you can invest in stocks and equity mutual funds for the long term.
Plus, they attract only a 10% tax (LTCG) on income above ₹1 lakh.