Starting this post with a disclaimer that I am a student of the stock market. After having achieved mediocre returns from the time I have started Investing(Tips and Reports), I decided to study Technical Analysis. After Studying online resources on Internet was always confused on how much to study and what to Study for Instance Candle Stick Charting, Bar Charting, then comes all the Technical Indicators like RSI, Bollinger Band, MACD, SMA, EMA and what not.
January 2017, decided to cut out the noice and focus on Basics and started studying the Break out Patterns like Triangle breakout, Downward Sloping Trend lines, Upward sloping Trend lines, Supports & Resistances.
Just by Focusing on few things my performance of stock-picking improved a little, I then thought of Documenting my learning and started this blog.
For next week, it seem Nifty trends is downwards but I will stick my neck out and post two stocks Sanwaria Agro and Gammon Infra(In another post) to see how my stock picking does in Down Market.
These are not Recommendations to Buy the stock given in the Blog. This only for study and help you learn the fundamentals of Technical Analysis.
Sanwaria Agro - CMP 10.9 - has broken out on Daily and weekly Charts.
Target 2 - 24.3 in 2 Quarters.
January 2017, decided to cut out the noice and focus on Basics and started studying the Break out Patterns like Triangle breakout, Downward Sloping Trend lines, Upward sloping Trend lines, Supports & Resistances.
Just by Focusing on few things my performance of stock-picking improved a little, I then thought of Documenting my learning and started this blog.
For next week, it seem Nifty trends is downwards but I will stick my neck out and post two stocks Sanwaria Agro and Gammon Infra(In another post) to see how my stock picking does in Down Market.
These are not Recommendations to Buy the stock given in the Blog. This only for study and help you learn the fundamentals of Technical Analysis.
Sanwaria Agro - CMP 10.9 - has broken out on Daily and weekly Charts.
Target 2 - 24.3 in 2 Quarters.
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