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“Let the market tell you what the market is going to do”. Skill Demonstration. By Sumit Gupta. Agenda. Welcome & WIFM. 1. 2. 3. 4. 5. 6. Aim & Objective. Discussion over Trends Important Candle Stick signals. Technical Analysis: Indicators RSI.
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“Let the market tell you what the market is going to do” Skill Demonstration By Sumit Gupta
Agenda Welcome & WIFM 1 2 3 4 5 6 Aim & Objective Discussion over TrendsImportant Candle Stick signals Technical Analysis: IndicatorsRSI Demonstration of Skill Application of above discussed Indicators Q&A Thank You
Aim To ensure that there is good learning about the application of Technical Analysis Skills in timing the entry and exit from the stock market. Interpret the trend that is being formed. Use the indicators and charts before investing. Analyze the support and resistance level. ObjectiveBy the end of this session you will be able to… Market discounts everything. Prices move in a Trend. History tends to repeat itself. Greed & Fear
Trends • Uptrend
Trends • Downtrend
Trends • Sideways trend
Support and Resistance • Support level is a price level where the price tends to find support as it is going down
Support and Resistance • Resistance Level is a price level where the price tends to find resistance as it is going up
Importance of Support and Resistance • Support and resistance analysis is an important part of trends because it can be used to make trading decisions and identify when a trend is reversing
Charts 10 Important Candle Stick Signals • Trend Reversal: Doji • Bullish Engulfing • Bearish Engulfing • Hanging Man • Shooting Star • Hammer • Inverted Hammer • Dark Cloud • Piercing Pattern • Kicker Signal
Relative Strength Index It compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold conditions of an asset.
Which Investment Strategy Works? • Fundamental Analysis • Technical Analysis
How to use these indicators? • TAME on www.nseindia.com • Charts on BSE site. • Chart nexus.com • I chart.com