Is to identify the Trend (Up trend or Down trend) of the Market understands and benefit from being with the trend of the market.
Basic principles on which analysis is based
Basic principles on which analysis is based- Every thing is discounted and reflected in market price (Sell on good news) (Demand / Supply).
- Price moves in trend & trend persist (Till clear reversal) trend is friend.
- Market Action is repetitive.
- Avg. Discount every thing.
- Market has three trend.
- Market has three phases.
- Volume must confirm Trend.
- Trend is effective until is gives define signal of reversal.
- For this study u need live chart where you analyses your market.
- Download software which give you daily market chart views like Chartnexus from www.chartnexus.com software which is helps you to study.
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