Free Stock market / Nifty intraday tips

Chart the weekly data for the NIFTY for the 2010 through 2015

Chart the weekly data for the NIFTY for the 2010 through 2015 time period and was obtained following patterns;

  • Triangle pattern
  • Parallel Channel
  • Breakdown strategy
  • Flag pattern
  • Head and Shoulders Pattern
  • Downward channel

We can easily understand the uptrend, downtrend, or sideways trend during that time. These all pattern are repeating time to time. We can also identify them while trading. Short-term traders sometimes practice what is called event trading. This is when either a news announcement is due, a surprise news announcement occurs, or a holiday is soon to occur. Holidays are seasonal, We will update soon very deepest research for identify future developing patterns.

Charts reflect market behavior that is subject to certain repetitive patterns. Given sufficient experience, some traders will uncover an innate ability to use charts successfully as a method of anticipating price moves.

Some analysts are now using pattern-recognition systems and other sophisticated computerized methods, and early results have demonstrated that, indeed, many of the traditional chart patterns have some predictive value. Charts have other uses, however, if only to quickly observe the history of prices. The benefits of chart use outweigh the problems associated with their interpretation.

Would you like to get our share market updates instantly?
Click the link to join: Free Stock Tips

Do you want to get premium NSE calls?
Click the link to subscribe: Premium NSE Stock Tips

If you have any questions or concerns about the stock market, don't hesitate to contact me:

Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.

Previous ArticleNext Article
Mr.Guru is a registered investment advisor for Moneymunch, he is a regular guest on popular channels and writes for several newspapers and financial journals. They've black magic of stock market analysis because studied charts over 20 years.

Click here to get premium stock market tips by Mr.Guru.

Subscribe to get daily FREE Stock markets / nifty tips
Send email to Mr.Guru: [email protected].

Write a Comment

Comment Policy: We love comments and appreciate the time that readers spend to share ideas and give feedback. However, all comments are manually moderated and those deemed to be spam or solely promotional will be deleted. Your email address will not be published. Required fields are marked *

Send this to a friend