Beruflich Dokumente
Kultur Dokumente
The
Price
All
share
Market
Past
Based
He identified three
distinct cyclical trends
that guide the general
direction.
Primary trend: long range
Price
Primary trend
Secondary Corrections
Time
Minor trend
The
PRICE
Support Level
DAYS
PRICE
Res
ist
DAYS
anc
e Le
vel
Breakout
Support
Resistance
If
If
It
It
Indicators
Price
Indicators
Advances and
declines
New Highs and
New lows
The most active list
Volume
Indicators
Volume of trade
Short sales
Odd Lot trading
Mathematical
Indicators
Moving Averages
Exponential
Moving Averages
Oscillators:
Relative Strength
Index
Rate of Change
Day
Advan
ce
Declines
Net
Breadt
h
NSE
Nifty
Monday
1486
774
712
712
5876.89
Tuesday
1310
966
344
1056
5883.33
Wednesda
y
898
1225
-327
729
5646.46
Thursday
1108
1091
17
746
5810.17
Friday
931
1279
-348
398
5623.08
The
Volume
Short
Monthly
Small
Simple
Moving Averages
Exponential
Moving Average
Oscillators:
Relative Strength Index
Rate of Change Indicators
Moving Average Convergence and
Divergence
To
Day
Price
Average
1-Sep-09
2-Sep-09
3-Sep-09
4-Sep-09
123.25
120.75
119.9
120.25
7-Sep-09
8-Sep-09
121.6
121.6
9-Sep-09
122.7
10-Sep-09
120.9
121.3
120.3
120.583333
3
121.15
121.966666
7
121.733333
3
Individual
The
When
Days
Prices
Price
Buy Signal
ST
LT
Day
Price
Sell Signal
LT
ST
Day
2
Factor n+
Where n = number
for which the
= of days
1
average is to be calculated.
Data sheet
Relative
Rate
Strength Index
of Change Indicators
Moving
Divergence
It
10
RSI = 100 1+
0
Average RS
Gain Per
RS = day
Average Loss Per
If
Day
It is
The
Data sheet
Rate
RoC
=
Current price
-1
Price n period
ago
Overbought
Oversold
Data sheet
selling
Indicates the probable future action
Shows the past historic movement
Indicates the important areas of support
and resistance level.
James Dines said, Charts are like fire or
electricity. They are brilliant tools if
intelligently controlled and handled but
dangerous to a novice.
The
Sell signal
Buy signal
Simplest
tool
To draw a bar a dot is entered to
indicate the highest level and another
dot is for the lowest level in a day.
Both the pints are joined to form a bar
and a small nub is drawn at the top
and bottom of the bars to indicate the
opening and closing price.
Each bar is
composed of 4
elements:
Open
High
Low
Close
High
High
Close
Open
Open
Close
Low
Standard
Bar Chart
Low
Japanese
Candlestick
Standard
Bar Chart
Japanese
Candlestick
Date
16Aug10
17Aug10
18Aug10
19Aug10
20Aug10
23Aug10
24Aug10
25Aug10
26Aug10
27Aug10
30Aug10
31Aug10
Open
Price
86
84.5
85.55
85.4
84.8
84.5
85
83.45
83
81.4
81
80.55
High
Price
86.4
88
86.75
86.4
85
85.65
85.2
84.05
83.15
81.9
82.65
80.9
Low
Price
83.2
84.5
83.9
84.65
84.1
84.35
83.4
82.4
81.4
80.05
80.5
78.55
Close
Price
83.45
85.4
84.95
84.95
84.25
84.6
83.55
82.6
81.6
80.2
80.85
79.8
Chart
Head
This formation is
characterized by
two small peaks
on either side of
a larger peak.
This is a reversal
pattern, meaning
that it signifies a
change in the
trend.
H&S Top
Head
Right Shoulder
Left Shoulder
Neckline
H&S Bottom
Neckline
Left Shoulder
Right Shoulder
Head
Triangles are
continuation
formations.
Three flavors:
Ascending
Symmetrical
Ascending: Demand
is high, bullish
Descending: Bearish
trend
Symmetrical:
Temporary halt and
original trend to
come soon
Symmetrical
Descending
Nov to Mar
Trading range
Descending
triangles
Double bottom
Develop