We take the discussion of RSI Range Shift that was discussed last week. We take a look at a couple of examples which would provide a better understanding of the concept.…Continue Reading
The view expressed in the Last Week’s update hasn’t changed much. There is still no conclusive answer to the key question – Is a major low in place at 5,477?…Continue Reading
Hope you found the previous week’s post on the Relative Strength Index (RSI) interesting. Taking the discussion forward, let’s discuss the typical range within which the RSI moves in a…Continue Reading
Here is the extract of the concluding paragraph from last week’s update: “The Nifty could rally to the immediate resistance at 5,610-5,620 range. A breakout past 5,650 could help the…Continue Reading
In the last couple of weeks, we had discussed the MACD indicator and also talked about the Hook-Up pattern. Taking this series forward, the Relative Strength Index or RSI would…Continue Reading
Gold has been grabbing the headlines for all wrong reasons. Gold, which traditionally enjoys a safe-haven status, lost its sheen this week with the price collapsing sharply. We had last…Continue Reading
Operation Success, but the patient died! This best summarizes what happened last week. While the expected short-term bounce in the Nifty did materialize, the long positions would have however been…Continue Reading
Last week, we discussed the MACD indicator and also highlighted the Hook-Up pattern. Let’s take the discussion forward and look at a couple of more examples that highlight this concept.…Continue Reading
The Nifty has fallen below the Nov. 20 swing low of 5,548, which is a sign of weakness. This affirms the medium-term bearish view. From a short-term trading perspective, it…Continue Reading
MACD or the Moving Average Convergence-Divergence is one of the most popular indicators used by a technical analyst. It is one of the simplest and effective tools among the myriad…Continue Reading