The Fibonacci retracements pattern can be useful for swing traders to identify reversals on a stock chart.A term used in technical analysis that refers to the likelihood that a financial asset's price will retrace a large portion of an original move and find support or resistance at the key Fibonacci levels before it continues in the original direction. These levels are created … [Read more...]
Predictability and Trends in stock market
I often hear people swear that they make money using the rules of technical analysis. Do they really? The answer, , is that they do. People make money and profit indeed by using all sorts of strategies and techniques . The real question is: Do they make more money than they would investing in a blind index fund that mimics the performance of the market as a whole? Do they … [Read more...]
How does Stock Market functions?
The expression ’stock market’ refers to the market that enables the trading of company stocks (collective shares), other securities, and derivatives. Bonds are still traditionally traded in an informal, over-the-counter market known as the bond market . Commodities are traded in commodities markets, and derivatives are traded in a variety of markets (but, like bonds, mostly … [Read more...]
WHAT IS NIFTY ?
What are the Sensex & the Nifty? The Sensex is an "index" for stock market ..An index is the average of prices of shares in the list of index based on weights of prices and volumes. So it gives average of total market movement in largely traded stocks. It gives directions of the market. it is basically an indicator which It gives you a general idea about most of the … [Read more...]