Dear
Gauresh Panchal....
Many, many happy returns of the day.
............................................................................................
Beginners as well as the drifters would do well to focus on these two studies to make their trading life rewarding as well as satisfying. The intention here is to demonstrate that the
basics are good enough to deal with the markets efficiently.
Trendlines: Read here
Follow this
simple strategy in all your trading/ investing strategies and let it be part of your plan. The tendency to ignore is strong here as it is the "simplest one". One should call it the "
supply-demand equilibrium Line". After all, our, traders' job is to exploit the imbalances in demand & supply.
Trend Following: Read Here
This is the oft-repeated statement of most experts in stock market field and oft-ignored by the "hurrying-kind" who outnumbers the disciplined. Change your side soon to become a habituated winner.
How could you have applied these two basic, simple to comprehend strategies in recent times.. and in the coming days? There are minor trends and major trends. For the "glued to the screen trader", even an hour would look like a major trend unfolding.
..............................................................................................
Major trend(UP) indicating channel support is @ 5305 while the minor trend (Up by channel/Down by avgs) struggling below 21 & 34 Hr sma.
We'll focus on the Day and Hour to make it simple and easy to follow to
get rich slowly and quietly.
