I don’t prefer to have too many Guest Posts on my blog, I could not say NO to their views on some of the advance technical indicators that I don’t use myself when doing technical analysis. My strategy is more on Price Action Strategy but Kotak securities shares some of the key takeaways for investors and traders when using technical indicators like MACD, RSI or Stochastic.
Over to Kotak Securities.
Technical analysis indicators are great means to understand and predict trade patterns, which further helps enter or exit a trade more decisively. They do not initiate trade on their own, but they help indicate patterns that govern the course of the trade. Readings from technical indicators should only be acted upon after confirming prices to verify the significance of the indicator reading. Only when prices have been confirmed should the trade be initiated with stop loss. Markets have a tendency to remain volatile and one should always remember this while using technical indicators and oscillators.
Kotak Securities is one of India’s leading share broking firm offering stock trading, mutual fund and IPO investing service’s along with a research division specializing in Sectoral research and Company Specific Equity Research. Express your views on their Facebook Page and Twitter Handle (@KotakSecurities) or you can also browse through their various videos on YouTube.
Understand US banking crisis. What Happened to SVB Bank? How Safe Are Indian Banks? Can…
The business analysis of Divis Lab in a 3-step process and understand why the share…
Calculate the fair price of stocks with an easy-to-use Google sheet with intrinsic value and…
Pre-Investing Checklist - the three most important ratios that you should be looking for when…
Should I redeem or switch from my existing mutual funds if they are not the…
How to Find Stocks with Hidden PE ratio of Under 1 - The Mohnish Pabrai…