Trendline Trading Strategy based on volume breakout

Generally speaking, breakout trading is used by active traders to take a position within a trend’s early stages. We all know that no trendline will last forever. So this article focuses on how to trade trendlines when they break.

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How to identify Multibagger Stocks for Investment

In this blog, we will find out the factors that are important for finding long-term multibaggers by using an example of HEG and Graphite India. Here’s a chart of HEG which shows a gain of 28x in 2 years.

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Chart Types used in Technical Analysis

Charts are graphical presentations of price information of securities over time. Charts plot historical data based on a combination of price, volume as well as time intervals. The use of charts is so prevalent, that technical analyst is often referred to as chartists. Originally, charts were drawn manually, but a majority of charts nowadays are drawn by computer.

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Investar Drawing Tools

Technical drawing tools play an important role in analyzing charts and are an important part of any Technical Analyst’s tool set. Drawing tools help you in your technical analysis, market timing, locating support and resistance levels in recognizing price patterns, confirming trends and much more. With Investar drawing tools, you may draw Trend Lines, Fibonacci Retracement, Fibonacci Fan, Andrew’s Pitchfork, Gann Fans, and other vital studies.

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RSI Indicator: How to use RSI indicator for trading effectively

RSI Indicator (Relative Strength Index)

The relative strength index (RSI),one of the most well-known technical indicators, created by J. Welles Wilder and published in a 1978 book, New Concepts in Technical Trading Systems, and in Commodities magazine (now Futures magazine) in the June 1978 issue. Continue reading

Using Support/Resistance Zones

Support/Resistance breakouts are used by traders as buy/sell signals. However, often times a stock breaking out of a resistance or support line can lead to false breakouts. One situation this can occur is if too many resistance or support lines are very close together. When this happens, it is best to club nearby lines and treat them as a support or resistance zone rather than trade them separately.

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