Indian stock markets have been roaring for last ten days. There is lot of optimism among traders. Highs are witnessed along with good volumes which indicate that the rally is strong and backed by the trading community. Everybody is being involved in this rally. From retail investors to foreign institutional investors, everybody is on a […]
ADX
March 5, 2011 By Leave a Comment
ADX was developed by Welles Wilder.The ADX is a indicator which indicates whether market is trending or moving in a range. ADX tell about a market’s strength. This can help in avoiding weak market and staying in market for longer when it is trending to enhance gains. It doesn’t tells anything about market prices. It […]
Relative strength index (RSI)
December 10, 2010 By Leave a Comment
RSI is an oscillator which is used to measure the technical strength or weakness of a particular stock. It is a technical momentum indicator that compares the magnitude of recent gains against recent losses. They determine overbought and oversold conditions of a scrip. RSI can be measured for any time frame. Most of the traders […]