Introduction TRIX is a momentum indicator that displays the percent rate-of-change of a triple exponentially smoothed moving average of a security's closing price. It was developed in the early 1980's by Jack Hutson, an editor for Technical Analysis of Stocks and Commodities magazine. Oscillating around a zero line, TRIX is designed to filter out stock movements that are … [Read more...]
Archives for 05/11/2009
Forex Technical Indicators
Momentum Oscillators Momentum oscillators react very quickly to short-term changes in price, flipping back and forth between overbought and oversold levels. Oscillators are useful in both ranging and trending currency markets. The most common momentum oscillators include Relative Strength Index (RSI), Commodity Channel Index (CCI) and the Stochastic Oscillator. Let's take … [Read more...]
Moving Average Convergence / Divergence(MACD)
MACD, stands for Moving Average Convergence / Divergence, is a technical analysis indicator .It shows the difference between a fast and slow exponential moving average (EMA) of closing prices. During the 1980s MACD proved to be a valuable tool for any trader. MACD is a trend following indicator, and is designed to identify trend changes. It's generally not recommended … [Read more...]
The Nifty Levels for 6th November 2009
Please find the correct levels for nifty The Nifty Levels for 6th november 2009 are First Resistance = 4841 First Support =4656 Second Resistance =4905 Second Support =4535 Breakout above =5026 Break down Below = 4471 The above levels are for intraday only For Sure Shot pack and good Gains in Nifty Please visit Nifty Live Charts.com … [Read more...]
Free stocks tips for 6th November 2009
The Various- Daily Stock Recommendation Given by the various analysts and Stock Brokers are: Balrampur Chini Mills Ltd.- Daily Stock Recommendation 06-11-2009 Source Action Tip Period Target Price (Rs.) Rahul Mohinder Buy for 8-10% gains - 0.00 Salil Sharma Buy, stop loss Rs 131 - 155.00 Rajesh Jain Exit on rally - … [Read more...]