Ever heard on TV or somewhere else "Trend is your friend" or a stock is in down trend or uptrend , now what is trend and how to find a stock is in trend or not .
1. Moving averages are the best to find a stock trend .
2. when ema,s sliding upward , means a stock is in uptrend .
3. when ema,s sloping downwards , means a stock is in downtrend.
4. when ema,s are straight and gone horizontal , means stock is sideways .
5. use ema for eod analysis and ma for intraday .
6. ema and ma act like support and resistance .
what to trade
trade only in uptrend or stocks which are in down trend , trading or investing in sideways stocks is not for beginner,s.
A fall of stock in uptrend is buying and a rise of stock in downtrend is a selling opportunity .
Good stock
A good stock moves like water in a river and contain good volumes or liquidity , i.e abanlloyd ,bajajhind,bajajfinance,bbl,sunpharma,ttml and many others.
Easy way to create watchlist , take a look on stocks u like saprate them from stupid stocks and move them to favorites then export them to any watchlist u like .
note : this is for eod analysis or for choosing a stock for next day this is not a intraday strategy
adding images of good and bad stocks down
Hariom hariom hariom
1. Moving averages are the best to find a stock trend .
2. when ema,s sliding upward , means a stock is in uptrend .
3. when ema,s sloping downwards , means a stock is in downtrend.
4. when ema,s are straight and gone horizontal , means stock is sideways .
5. use ema for eod analysis and ma for intraday .
6. ema and ma act like support and resistance .
what to trade
trade only in uptrend or stocks which are in down trend , trading or investing in sideways stocks is not for beginner,s.
A fall of stock in uptrend is buying and a rise of stock in downtrend is a selling opportunity .
Good stock
A good stock moves like water in a river and contain good volumes or liquidity , i.e abanlloyd ,bajajhind,bajajfinance,bbl,sunpharma,ttml and many others.
Easy way to create watchlist , take a look on stocks u like saprate them from stupid stocks and move them to favorites then export them to any watchlist u like .
note : this is for eod analysis or for choosing a stock for next day this is not a intraday strategy
adding images of good and bad stocks down
Hariom hariom hariom
