Different people have different approaches towards the Stock
Market. The stock market is always associated with risks and there are high
chances that the trader may incur loss in the trades. There are many different
strategies used by the Traders to trade in the Stock Market. Many traders trade
on the basis of stock market tips and Intraday trading Tips from the advisory
firms. Many other traders use the Technical analysis to trade in the Stock
Market. Technical analysis is a complete field in which the past price movement
is used to track and predict the future price movement. The candle stick
analysis is a inherent part of the technical analysis. In the candle stick
analysis the price movements are represented by the candles of various size and
different colors. The green candles represent the price rise and the red candle
represent the price fall. The different size of the candles represents the
magnitude of change in the prices. The different types of candlestick patterns
represent the different market sentiments among the people.
The candle stick patterns like doji represent the potential
chance of the reversal in the trend. Similarly there are engulfing patterns
which represent the trend change. For example the bullish engulfing represent
the start of bullish trend and the bearish engulfing represent the bearish
trend start.
There are strategies in which the Candle Stick analysis is
used in conjunction with the other technical indicators like Moving averages
and RSI. The use of moving average with candle stick patterns is a common
strategy. The use of two of them helps to confirm the buy or the sell signal
and provide a high success rate.
The advisory firms like Money Classic Research are
extensively using the above mentioned techniques. They use the indicators
stated above to provide stock market tips. The advisory firm Money Classic
Research is a SEBI registered organization and also ISO certified. The advisory
service provides free services to new clients.
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