Bibliography
by PRASHANT SHAH -
BIBLIOGRAPHY — Aby, Carroll D. J. Point & Figure Charting: The Complete Guide. Grinville, SC: Traders Press Inc., 1996. — Bollinger, John. Bollinger on Bollinger Bands, New York, NY: McGraw-Hill, 2002. — Bulkowski, Thomas N. Encyclopaedia of Chart Patterns. New York, NY: John Wiley & Sos, Inc., 2000. — Carney, Scott M. Harmonic Trading, Volume ... Read more
Asset, Sector and Stock Selection
by PRASHANT SHAH -
Asset class analysis Let us consider a scenario to understand the role of overall market mood or sentiment. Suppose say you are not in a good mood or feeling low and depressed. If someone were to ask you to participate in a sport or a game, what will be your response? The typical response will ... Read more
Sector analysis
by PRASHANT SHAH -
Selection of Denominator We have discussed that the trend of the denominator is an important aspect of relative strength analysis. For the large-cap stocks, the Nifty 50 index would be a logical choice to be used as the denominator or as the benchmark. Even for derivative traders, the Nifty 50 index would be the logical ... Read more
P&F Relative Strength
by PRASHANT SHAH -
Point & Figure Point & Figure charts are considered as one of the oldest charting methods. The plotting and nature of these charts are different from bar or candlestick charts. It does not consider time and only the price action is considered to plot the chart. Hence, they are also known as one-dimensional charts. But ... Read more
Fusion Matrix
by PRASHANT SHAH -
Fusion Matrix In any chart, a swing move can be broadly categorised into two types–impulse and corrective. Impulse and Corrective When the price is trading above its previous swing high and there is an established trend, it is an impulse move. When the price is correcting, it is called a corrective move. The bullish trend ... Read more
Ultimate Matrix
by PRASHANT SHAH -
Ultimate Matrix We can consider the price and relative strength for ranking the stocks. But for relative strength, it is imperative to choose an appropriate benchmark for comparison to decide the ranking. Typically, the denominator will be a broader market index or a sector index. How about a third possibility? Why not compare the performance ... Read more
