Stock Trends - Bullish last for 7 days
Shares in Bullish Trend - NSE
How to trade on Stock trends
Bullish stock trends are mentioned below.
7 days up - Bullish Trend
The stocks closed in positive zone for last 7days continuously.
This indicates that the stock is in bullish phase and will continue the trend.
There are also probabilities that the stock may go into profit booking phase or may continue its uptrend
The trader should analyze the volumes and market direction before taking any trading decision.
Please read precaution notes at the bottom.
Important to Note -
The data mentioned is of previous day - This data can be used to analyze today’s specific stock movements.
Market’s gap up and gap down opening
If market opens gap up or gap down, based on global clues, then the stocks are expected to behave irrational so in such scenarios it become difficult to analyze the stocks and most of the analysis may go incorrect.
Traders should take appropriate precautions in such scenarios.
Trade in accordance with Market direction
Traders should use Bullish patterns when market is in positive phase and bearish patterns when market is in negative phase to get appropriate results.
For example - If market is moving in positive direction then trader should make use of bullish patterns stocks and follow pattern of buying and selling.
Trader should remember that inappropriate use of patterns like use of bullish pattern stocks when market is falling and bearish patterns stocks when market is moving up may result in heavy risk.
Traders should take appropriate precautions and judge whether market is moving in positive direction or negative direction and then take their trading calls.
Market direction is very important
Market direction is very important and it is called as KING.
Trader should go with market and trade with market and should not trade against market.
If market is going in positive direction then trader should first buy and sell and not first sell and wait to buy.
On the other side if market is going in negative direction then trader should first short sell and buy and not first buy and wait to sell.
Trading in accordance with market direction will provide good success.
No surety
It is not fixed or guaranty that certain stock will behave in accordance with the bullish or bearish pattern. The stock may move in any direction based on market direction or may act totally illogically if any news enters into the market.
For example - If the certain stock is in bullish pattern and market opens in negative zone then obviously the bullish trend of this stock will end and the stock may or may not follow the market or its pattern. It will behave directionless and becomes difficult to trade. Traders should remember this.
Your Desire To Earn
Day Trading Shares
Welcome to the Indian Share Market
D T S
Disclaimer: Information presented on this site is a guide only. It may not necessarily be correct and is not intended to be taken as financial advice nor has it been prepared with regard to the individual investment needs and objectives or financial situation of any particular person. Stock quotes are believed to be accurate and correctly dated, but www.daytradingshares.com does not warrant or guarantee their accuracy or date.
www.daytradingshares.com takes no responsibility for any investment decisions based on recommendations provided on website.
Financial contents like Technical charts, historical charts and quotes are taken from NSE and Yahoo sites.
Note - All quotes are delayed by 15 minutes and unless specified.
Please read at www.daytradingshares.com/disclaimer.php before using any material or advice given at www.daytradingshares.com
Copyright © 2009 DayTradingShares.com. All Rights Reserved.
This page updates daily till 5.30 pm