Stock Market Functioning – Basics
by PRASHANT SHAH -
Dora and Company Before we discuss about Options and derivatives, it is important for the one to have knowledge of how stock market functions. You can skip this chapter if you know the basics of stock market functioning. Meet Dora. His story can help us learn about how stock market functions. He had a business ... Read more
Bibliography
by PRASHANT SHAH -
(In alphabetical order) Bulkowski, Thomas N. Encyclopedia of Chart Patterns. New York, NY: John Wiley & Sons, Inc., 2000. Carney, Scott M. Harmonic Trading, Volume One: Profiting from the Natural Order of the Financial Markets. FT Press; 1 ed., April 22, 2010. Covel, Michael W. The Complete TurtleTrader. HarperCollins e-books (2009). Edwards, R. and Magee, ... Read more
Elliott Wave Theory – I
by PRASHANT SHAH -
Ralph Nelson Elliott (1871 – 1948) is a creator of Elliott wave theory. Elliott wave is an established theory and a popular branch of analysis today. But there is one more side of his life which many are not aware of. He entered the accounting field in the mid-1890s and primarily worked in executive positions ... Read more
Dow Theory
by PRASHANT SHAH -
Charles H. Dow (1850 – 1902) was the founder of Dow-Jones financial news service and the first editor of the Wall Street Journal. He was the first person to create an index to measure the overall price movement of stocks. He is also considered as the father of modern technical analysis. Charles Dow never formalized ... Read more
Line charting method
by PRASHANT SHAH -
Closing price is the last traded price of the session. When you check the position of your portfolio when the market is open, the price that you see and evaluate your portfolio is known as CMP (current market price). When market closes, the last traded price is considered as a closing price. But when we ... Read more
Trend and Phase Analysis
by PRASHANT SHAH -
Trend Broadly, there are two types of trends: Bullish (teji) or Bearish (mandi). Teji and Mandi are the popular words used by the market participants in India. When majority of market participants are keen to buy even at the higher price, the price will keep rising and we call it Teji or bullish trend. When ... Read more
