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Showing posts with the label technical indicators

What is TradingView & How to Use it for Trading?

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  In the  stock market  checking the details of stock or indices technically as well as fundamentally is very important to perform the  online share trading   or investing strategy. When you check the price of a stock, you most probably also see the charts to know the trend of that particular script with the broader market indices and other underlying securities. And if you have knowledge and experience in analyzing the stock technically and fundamentally you need all the indicators, tools and financial ratios to check and compare the price and valuation of stocks. Even traders or analysts also use the  best trading platform   and create profitable strategies while analyzing the stocks or any underlying index for trading. What is Trading View? TradingView is one the most advanced  stock market applications  or web-based platforms to show the various details required to trade or invest in financial markets like  equity ,  commodity a...

What is RSI in Trading & How RSI Works? Formula and Strategy

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  Trading in  stock market  is not profitable without applying the certain tools & techniques that is possible only when you analysis the  stock price  or market index on a technical chart. Merely price movement or chart patterns are not enough to analysis and predict the movement, here you need to use certain technical analysis tools, and RSI Indicator is one of them. What is RSI in Stock Market? RSI full form,  Relative Strength Index is one of the most commonly used  technical indicators  traders use to check whether a stock or market index is overbought or oversold zone.  RSI oscillates  between zero and 100 and when RSI Indicator is above 70,it is considered in the overbought zone and when  RSI Indicator  is trailing below 30 it means the stock is oversold. The relative Strength Index  indicator has been created by J. Welles Wilder Jr. and announced in his formative book1978, New Concepts in Technical Tr...