| Topic : Trend Analysis Of Indices |
|
|
Posted in Community :
Investment Hub |
Equity Investments: Hot Stocks |
Financial analyst |
5 more ...
|
||
|
Activity:
1 comments
314 views
last activity : 07 06 2010 20:18:04 +0000
|
||
|
|
Monday, December 21, 2009
BSE Sensex Technical Trend Analysis - 21/12/2009
Market structure is the most central theme of technical analysis. Even today I am in awe when trying to understand the market through its the basic struture of peaks and valleys.
In the Daily Chart of BSE Sensex an uptrend Channel....is a clearly observed and how small, smaller and smallest trends come together to form the peaks and valley. Now in context (Daily BSE Sensex Chart) time frame of current downtrend..the short term trend is down...since the channel is intact...it can be said that medium trend is side-ways...and an uptrend channel ..so the longer trend is said to be up.
So even in small time frame of Daily chart of BSE Sensex, three lesser degree time frame trend are so clearly observed...this is the beauty of science of technical analysis. All trend intermingling and finally giving way to one central/basic trend .....through basic market structure...amazing.....
1 comments on "BSE Sensex Technical Trend Analysis - 21/12/2009"
Sort by:
Most Recent
Top Rated
Commented by
Mathew Cherian, Research Associate/Analyst, Western Michigan University
| 12 21 2009 04:58:03 +0000
Report Abuse
Not Rated
Found the article
"BSE Sensex Technical Trend Analysis - 21/12/2009"
interesting ?
Share with your connections and communities
Viewers also viewed
|
|
should be there.... vs Not neccessary |
|
|
2126 referals
34 arguments,
723 views
|
|
|
The latest figure say that 2011 has seen a downward trend in marketing via twitter and facebook.... |
|
|
1648 referals
12 arguments,
502 views
|
|
|
We all know that the ways we are marketing have changed in the recent times than it was in the... |
|
|
53 referals
9 votes,
6748 views
|
|
|
|
|
|
|
Recent Knowledge (70)
|
|
Floods deluge Pak With Strategic Problems The Zardari government's inefficient handling of the... |
|
|
35 referals
4 comments,
57 views
|
|
|
India-Iran Drama Continues If Iran really was behind the February 13 attack on an Israeli... |
|
|
98 referals
4 comments,
72 views
|
|
|
Many advertisements come and go.. Few make an impression on our mind.. Impression might be good... |
|
|
1677 referals
20 comments,
643 views
|
|
|
|
|
|
|
Sponsored Jobs
More From Author
yes, this is the right time to buy copper, but do so with stop loss in case one takes a trade in MCX.. In case of investments and physical delivery in copper, this is the right time to buy copper and may add more on more weakness. |
Thanks all of you for such nice comments.. |
How to create a proper portfolio with judicious asset allocation and add timely sector plays? |