Get App
On-Balance Volume (OBV) is a technical momentum indicator which determines the volume of a scrip and its impact on the price of a scrip. The indicator measures the buying and selling pressure as a cumulative indicator during a day or ...
In continuation of our discussion on reversal patterns, there is one more pattern called “Piercing” pattern. This piercing pattern is the opposite to “Dark-Cloud” pattern. So, the piercing pattern is a bottom reversal pattern, while dark-cloud pattern is a top ...
Reversal patterns are those chart patterns which signal a trend reversal in the price of the security. The trend reversal need not be a complete U-turn in prices. Whenever there is a trend reversal, you can expect the old trend ...
The domestic stock market has been in a downtrend for the past few weeks due to a host of reasons and bears have tightened their grip further. Now it is a good time to look at what is a bearish ...
The domestic market has lost its momentum and it is in the midst of a correction and the foreign institutional investors have been selling their holding unabated in the Indian market. In addition, they are also very picky in taking ...
Candlestick patterns are good indicators to determine whether there is a reversal of price or we can confirm the price trend. Candlestick should not be used singularly while trading. It should be combined with other indicators or price actions to ...
Candlestick charts are a graphical representation of price movements of a security based on a timeframe. This timeframe can be 1 minute, 2 minutes, 1 day, 1 week, 1 month, etc. So if you select 1 day as the time ...