Head and Shoulder Pattern : The Bearing Market Signal?
The Head and Shoulders pattern is used in technical analysis. It is a specific formation in a chart that forecasts a bullish to bearish fashion reversal
Category: Technical Analysis
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Common Harmonic Patterns used in the Indian Stock Market.
Traders use harmonic pattern analysis as a valuable technique in the stock market to identify recurring price patterns. It assists traders in making informed investment decisions and predicting future market movements.
20% TCS on credit card use outside India.
Overseas credit card spending will be subject to the LRS and a 20% TCS. This measure aims to regulate and monitor overseas transactions made by individuals using credit cards.
WPI Inflation in India for April falls to -0.92%.
The Wholesale Price Index (WPI) inflation has been on a downward trend recently, reaching 1.34 percent in March. This marks a significant decline from the 3.85 percent recorded in February and the 4.73 percent in January. What is WPI Inflation? The Wholesale Price Index (WPI) is a metric that reflects the prices of goods at…
Triangle Chart Pattern : A Unique Trading Strategy
A symmetrical triangle pattern is a chart pattern formed when an asset’s price moves within two converging trendlines, creating a triangle shape that narrows over time.
How to do a Fundamental Analysis of the Stocks?
The fundamental analysis assesses a security’s true value and compares it to the current stock price to identify potential overvaluation or undervaluation. It considers both qualitative and quantitative factors for informed investment decisions.