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.
Continue reading “Technical Analysis: A 3-Weeks-Tight Pattern on Chart Indicates an Extra Buy Point”How to Identify Correct Buy Points by Reading Charts – MarketSmith India Webinar
[embedyt] https://www.youtube.com/watch?v=W-sIQ4tbJQA[/embedyt]
How to Identify Correct Buy Points by Reading Charts – MarketSmith India Webinar covers the following:
• Why use charts
• Chart reading
• Basics of daily and weekly charts
• What to look for in a chart
• How to find winning stocks using chart patterns – Cup-with-handle, Double bottom, Flat base
Daily Big Picture : Nifty Breaches 21-DMA; Auto, Banks, and Realty Stocks Lose the Most
Today’s Action
Nifty, -1.7%; Sensex, -1.7%; Nifty Midcap, -2.0%; Nifty Smallcap, -2.2%; and Model Portfolio, -0.5%.
Daily Market Review
Market Status: Rally Attempt Continue reading “Daily Big Picture : Nifty Breaches 21-DMA; Auto, Banks, and Realty Stocks Lose the Most”
Learning Article: Using CANSLIM Parameters to Increase Your Chances of Winning
Any investing strategy must answer two crucial questions:
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What to invest in?
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When to invest (and exit)?
Continue reading “Learning Article: Using CANSLIM Parameters to Increase Your Chances of Winning”
Daily Big Picture : Auto Stocks Rallied on Possible GST Rate Cut; Tata Motors Led Gains
Today’s Action
Nifty, +0.03%; Sensex, -0.2%; Nifty Midcap, +0.3%; Nifty Smallcap, +0.8%; and Model Portfolio, -0.6%.
Daily Market Review
Market Status: Rally Attempt Continue reading “Daily Big Picture : Auto Stocks Rallied on Possible GST Rate Cut; Tata Motors Led Gains”