Technical Analysis: A 3-Weeks-Tight Pattern on Chart Indicates an Extra Buy Point

Oftentimes, if a stock progress well, you may want to increase the holding of that stock in your portfolio. In such cases, to take a follow-up entry can be a smart move. At William O’Neil, we analyze how the best growth stocks behave soon after a strong breakout. It was observed that if a true market leader with top-notch fundamentals holds firm near a certain price level for at least three straight weeks, it can give the alert investor a chance to add shares ahead of another solid price run. 

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Share Market Tips: The Selling Rules in Equity Market

“Defence is the best form of offence”.

However, unless you have a solid defence to protect yourself from significant losses, you absolutely can’t win big in the game of investing, which is why we bring to you the Golden Principles to guide you on How, When, What of Selling in Equity Market. Read our Special Article to know all about it.

Disclaimer: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. It is for educational purposes only.

How To Invest In Stock Market Using CANSLIM Parameters

CANSLIM_Stocks

Any investing strategy must answer two crucial questions:

  • What to invest in?
  • When to invest (and exit)?

The first question pertains to the “Stock Selection” aspect of the strategy, which comprises rules and techniques for “Stock Screening.” The CANSLIM investing system offers such stock selection tools, developed after a rigorous back-testing on ~100 years of stock data. Simple yet strong, these tools equip investors with a faster, effective, and comprehensive analysis of a stock:

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The Historic Crude Crash | Impact on India’s economy

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Brent Crude’s slide into the negative territory triggered a whirlpool of speculation, causing chaos amongst stock market players. As the economics of crude oil became the talk of the town, investors were unwilling to accept the physical delivery at the time of settlement which forced them to dump their contracts at all costs, resulting in the negative pricing.

In our Special Report this week, we have focused on how crude oil price gets impacted, the economics of production cost, the impact of crude oil price on gas price, impact on India’s economy, and sectors and stocks in focus due to crude oil.

Click here to read more

To Read Detailed Reports including Stock Recommendations, Idea Lists, Evaluate Stocks etc. Subscribe to MarketSmith India

Disclaimer: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. It is for educational purposes only.

Share Market Update: Nifty Breaches 50-DMA And Bank, Auto,Metal Shares Decline

Today’s Action

Nifty, -5.7%; Sensex, -5.9%; Nifty Midcap, -4.4%; Nifty Smallcap, -3.2%; Model Portfolio, +0.7%

Market Pulse Confirmed Uptrend

Weakness in the general market persisted throughout the session. Nifty staged a downside reversal and broke below its 50-DMA (9,778). However, we will not consider today’s move as a distribution day as volume was low compared to Friday’s session. Last week, there were two additional follow-through days. Today, Nifty undercuts low of both the additional follow-through days indicating technical deterioration.

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